1950-01-21 — Page 7

ECONOMIC COLLAPSE DANGER IN TAIWAN Military living off

civilian economy

INDIRECT HELP FROM U.S.

Washington, January 19.

Secret reports from Taiwan indicate that the island bastion of Generalissimo Chiang Kai-shek's Chinese Nationalists is in imminent danger of economic collapse.

Chiang, who has been refused further military and by the United States, is send to have retaliated by drawing material for his military forces from the island's faltering civilian econnery

an indirect

Since Taiwan's economy is supported by funds from the Economic Co-

operation Administration, Chiang has apparently found way to obtain U.S. help for his 300,000-man army.

GENERAL ELECTION TACTICS

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31. Margaret Fita nue W Jeen WAN sue of the male fiber a men de le The Coomad of Eu+p Katers 10 [ A seindde at Strabong had seat.

Big Five broaden Ethe

Clement

Trade collapse

6

Reports say that thr DECAD

Vaght hd don't k what 11:

Li Tsung-jen

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THE CHINA MAIL, SATURDAY, JANUARY 21, 1950,

Textile industry warned

Manchester, January 19

The Manchester Chamber of Commerce expressed fear today that, competition from Japan wi) disrupt the world textile market.

The Chamber's Board of Directors maid in thele an nual report that there may be a repetit en of the

n

Acute difficulties

dur experienced the inter-war yngel. The Lancashire textile batore centre

ht was hard World War 1} by JapaneLO competition,

particuinely

ing

Aplatic markets.

"The Lancashire cotton in dustry." the Board's report zaid, "needs to be on the alert

H

watching carefully the ever-changing pattern of the Jigan of world trade,"

Nurged continued negolla tions with General Douglas

MacArthur.

Allied Commander

to

Зарап. prevent Здралеве infringe. meni of Britien textile dr alg and other undesirable proctipes. Associated Press.

FINANCIAL IMPASSE AVERTED

Tokyo January 19 British banks and General

Taipeh anxiety for more trade with Hong Kong

$4 b

Taipah, January 20.

Trade between Hong Kong and Taiwan has shown no "marked 'change since Britain recognised Communist China.

According to British business circles here, the Nationalist authorities have gone out of their way to improve trading facilities rather than to curb them.

חוז

Both Hong Kong and Taiwan hippoar anxious to do business with each other. particularly Tarwan whose economy largely bases!

continued trade with Hong Kong.

There has been a tempomry 10- striction on imports from abroad Through Inck of foreign exchange. This

problem, which Bent the prices of local commodities rõhu- ing to new heights, has been, or is in the process of bring, froued out to the mutual benefit of both parties.

Two

British Ktonners, the

No direct

witstalks

with Reds

Washington, January 19. President Truman told al

Wingsang and Shengking, make news conference, today that regular calls at Keelung the part he is not,ponsidering direct ! for Talpel) every six 01 seven negotiations with Russia be days. They CRITY general cargo fore deciding whether this both ways

Bellish

country touch it vessels also

develop Thuan once twice a month en route from Hong Kong and tuck

Approximatete 50 British mih- Janets have a Taiwan, mostly the sladis of the ing shipping and to fema, and missionaries.

Hend of the consulate is Mr. E.

to Tasso a Ponglas MacArthur's head-at Tumeui, ayout half an hour's T Briggs whose headquarters is quanters today emme to the car cute from here.

Neither General Li nor his aides i revue of Sterling Aira trad-

could be reached for comment

1

on the impeachment motion les gamet Kieneral LF in the Com.

Talpen

Yoan

nagrodach ballet.non War

radtion saat tienę leahang the hoopstad inj

ate def&

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Tr

1

Fifteen Britons, including women ers and temporarily solved and children, stay out al Tamsus, Brumetal impassu threatening

which is an attractive seaside re- cort not unlike a Cornish village. deliveries of Australian wheat The future of the Consulate to Japan

There is "anybody's guess,

Japan or are of gele in buy- ong by Briton en hen enlaces mon in Newnat heen able us to indat 30 Ju- vals feather hish letters of credit for milk ten

Romne

of 22 ewigus of wheat mitement from Australia art months

hel

stopik

30

Two vessel. The Spina • Nor wegian, 7.178 toma and the Nol

1

Agent in HK?

A local newspaper report bug- gested that the Government would allow it to function for at tenet another three month, but, far no can be ascertain- ed, the British Consul has re- ceived no official notification to this effect.

The general impression is that senior Nationalist offcials woul like to maintain amicable rela-

Chou's note to Sweden

Cereal bra. Ez hu, Chause geport (7.238 tung have heathy For Min.tm has Toll Sweden | Jarted cargoes,

Vessel JOU il present Supes that the wall send res

Peking to ending in Australia, Aleb muletions with the British.

an ily

Provisio

better of credit Imperative

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do

Ch

For commerical reasons, it is possible that the Chinese will re- A spokesman for three British quest, and be permitted, to appoint banks told Reuter. The barks un agent in Hong Kong. imaute aurtOREMETILS

The recognition issue hus mude panded credit of between £5,000,- i fittle or nu difference to the daily 000

£6,000,000 sterling idite of

British com- the small

fen ગ્રા

nifer to erog Comunitust 19- Ording to a New Cana Apemes report repeived i olen selas

Registou do the offer of reeng- Tau frou M Destin Unden, thedeh Foreign Minister, General meet purchases of wheat from murty, hose work, parties ural 19hou orgbet that adter the Goy-Australia

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of Sweden had severfil It understood that the Allied with the Keomin-Supreme Command mute dollar access", the credits available to cover the ast –

Govement vance.

P111 iful) 15 als atener Tool

by the collapse of portant trade

Aan T

With

i ered

mah

tinent. Fur example.

show that coal, which was t viously shipped in large amounts to Shanghai, na longev from the stand

The others are the Prime Mu |

Mi

Attlee, The Forvi Secretary, Mr. Ernest Hey di, the Deputy Prime Minister. M Herbert Morrison,

and the waged Fa National Insurance Ministes, Mr. James OrdRibs

ONDE

..

charts

Truie

thut

THIE

recreations continue as before.

The as-British incidents, 10- ted recently from Tansul, de fleet the temper of the poplave us a wherle

As far as Reuter's correspon- dent is cerned, the authort-

les have been en-operative courteous.

19171

People's

eireles complain willing

to establish adations on the basis Japan might have bought or still

mutual benefi ant might buy even more wheat from tal import for territory and Ausual at the record price of 24. d. (Sterling) a bushel, but

The tatest Tamsul meident was Pekog anda SKIL that for eredit deuities Cheeveral Chou En-lay on Wedges-

Those difficulties have their usul's chauffeur was at work more amusing than serious. The The sent a message to the French root in delayed British buying Cory hla var when a Nationalist Faurign Minister, M Robert Schu- Increased purchases from Aus. mun, protesting "the

traila would mean greater pur atrocities committed by the French army to chasing power for Britain, Bri

WET SODA Chinese In French- tle colonies, and India. greuped Vietnam /

Australian traders complain that

"You ought to be sabotaging it," General Chou said the Chinese the allocation of £5,000,000 Ster

the The Republican Senatu, Sivles į Commumisi Government

"re-ing in Australia for purchases the soldier replied, eufinut Bridges, and M: Wellin segode ver all rights to on to his electrú campaign "Gen-

raising de-from Japan, which is only a small chauffeur on the head. Reuter. stal Staff": Viscount Margesson, Pounded the ie land deer n kay all fɔnauda "

proportion of the credits she is

will not rover Conservative elt wingers",

desired SNOW IN LONDON

14

This latest twirl in the dark

Kamer 11 P Li as Republican Congregiem cused the Adostui:tration of Ing- lowing the China poliny langue sted Mr. Winston Churchill, leader by the former Vice-Present Mi at the Conservative Party, is re-Henry Wallsee, i 1914 pot to have deckled to bring i

who was formerly

Watch

Chel Whip (Party organiser in become offend polies

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hasi

theth

the House of Common) and whe White House and the State possibly welded the Kreatest partment said they

sten Mi Wallace's report Whip authority of way Suure in morfern British polities.

construction:

Be enarged the French army carning, the with booting, forturing und raping purchases of 13 - Loverseas Chinese in Vietnam. materials. hart IHVC Cierni Chou's protest follows They allege that Australia has the Chinese Communists' recogui- asked ather members of the Ster- The State Department Press on Wednesday of Hu Chi-ling bloc for a greater share of the Oficer, Michael McDermott. add. | minh's Vietnam Communist re-redits she is earning, but so far Viscount Margcason shoulded, that officials would be "glas! | pratetic

without success.-Heuter. L a redoubtable adversary to it turned up-we couldn't tim Mr. Morrison, chief strategiata ropy." of the Government Party.

The radio also reported the arival in Peking on January 10 Another Nepublican Senator, of General Lung Yun, former William Knowland, a vociferous | Gave, noc of Yunnan, General The Conservatives "Big Five", | critic of the Administration's tang is said to have been the who are to speak in the political China policy, read in the Senate mastermind in the defection of the brondeasts are still incomplete but la letter written in 1948 by the South Western province 10 the Mr. Churchill, his deputy Mr then Under-Secretary [1f State. Communists. The defection of Antuóny Eiện, and Lord Wool-Robert Lovell, which said that Mr. Yunnan dealt the final blow to the ton, Chairman of the Party, are Wallace reported directly to the Chinese Nationalist forces on the the three top speakers.

Presideni, and that the State mamiand. Tife Liberal bradfensters will be Department was not aware of the the Party's Parliamentary lender, document. Mr. Knowland said

The broadcast said General Lang arrived from Hong Kong→→

Mr. Clenient Davies, and Viscount ¦ this indicated that the Govern United Press and Heuter, Samuel.

The Communists will qualify to

give a radle talk if they have 50

candidates nominated-Reuter.

Production Available NOW,

records

in France

Paris, January 19. French industrial production Inst year reached the highes': Devel in filstory, M; Jean Mon- inct, Director of the Secretariat for French Industrial Modern isation," reported today.

S

He told the Government thab France's Industry had beaten its 1929 records und was ahead of Echedule on the Monnet Plan,

In this report on the operation pf the Plan since it was approves in 1937). Monnet gave an catimline plcture, of ever-grow- 3ng progress in agriculture and nationalced and private industry. The report covered France, tha North African Departments ani overcoas ferritories ** (

Fald

that the now

Mvenue", had", "gone "up :10

percent sinca 1948. Exports, which Ju-1946 coverod.) 22 per 'cent "on" imtoris, covered 700bar cunt In 1049 and Hoarly 30. par cent during the last quarter"" of!

scatarritories ware exports, would, exceed

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"Obtainable-froń u22 di apenas ar mate

soldier went up to him and ask- od what he was doing.

"Repairing the British sul's ear" he said.

Con-

Lancion, Junuary 19 London had its first snow of the winter today.

Britain's autumn anci carly been exceptionally winter have Fury and suny. - Annoclated Press.

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being

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༥ 201

The President said he considering pry plan to negotinte directly with fusta. ne also described as untrue shother 19- port that the Atoqpic Eudrey Com- mission chalemán," Daviu“ thal, had offered to go to Russia and seek utomie agreement with Joser Stalin.

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Presklent Truman, Armily fused to discuss prospects of a hydrogen bomb, lle also reftised to comment when a reporter tried 10 get offcial admissión that the new "super weapon, would br constructed.

! Other high Adrifnistráïlon ill- involved Ji back-luge clas hydrogen bomb "discussions have said they are pledged not to talk about them how -United Press.

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