1950-04-07 — Page 3

Gigantic budget is threat to Red China's economy

Sngokered in Peking

Here is a side laht on Mer- shai Li Chal-sum

He spends heat of hja time playing billards, said a regent arrival from Peking.

He got only 40 plouls of rice (poor quality) a month as his salary, as one of the Vice: Chairmen In

the People's

Central Government.

The rice l'équivalent to ahout HK$350,

Reminders

Today

xian, B.15. p.m.

Communist Chiqa, iş staggering, under the weight of skyrocketing inflation and a gigantic bud- get approved for this year by tho Peking Gov- ornmont, reports United Press.

Recent reports from the Chinese mainland indicate that the shaky economic fabric which the Chinese Communists had inherited from the Nationalists is facing a real threat of col- lapse,

The effective Nationalist bluckade and air raids, cutting down the importation of essen- lal raw materials to a dribble and strangling Industries to n virtual standstill have ag- gravated Communist economic problems into alarming pro- portions.

drawn up for this year. If omelat (usually Agures are peceptable they are not, being always much fees than the actual amount), the payroll is eating up more than 60 per cent of the budget.

THE CHINA MAIL, FRIDAY, APRIL 7, 1950.

Travelling dachshund

Laddie, a champion dachah und -owned by Mra, Catherine Bex, wife of Major P. Dex, Royal Engineers offiobra isʻinay-

hin travels Ing Hong Kong today to continuo

around the world. He dama hate In November 1943 to join his master and mistress Laddie was born `In. Daihi. He has travelled widely in India, Pakletar and Kashinid) After the division of Indla, he flew home 16 England.

China antiques, curios market now closed

When presoating the 1950-bud get to the Government Council last December, the Finance Minis- The Unstable economic condi-ter followed the Soviet political tlens have produced a widespread trick of speaking only in terms of feeling of insecurity and social percentage, omitting all mention unrest punctuated by rioting and of actual figures.

But he left open one loophole uprising in many places held down only by the might of the Com-which is now used as a basis for

police. and

working c out the budget in dollars St. Andrew's Church, "The Cruci-munist army will depend anand cents. That loophole was the

Much, it is John's how well the Chinese Communists Actation of the socalled Victory

Bonds

The of 200,000,000 units, nequit themselves through this year, which has been admitted by Bands are on safe in the market Mr. No. 2 Communist leader Liu Shad- for approximately US$0.00 per chi as the "most difficult period" unit. the total issue amounting to

US$120,000,000. of their rule.

It is a year during which theck that the Victory Bonds Ho said in his budget Chinese Communists would have speech

for spend the most with the least would pay 7.2 per cent of the revenue on the credit side. The 18.7 per cent defcil. On the basis of this, the deffelt will amount to

People's Service, SI.

Cathedral, 9 aan.

"Way of the Cross Services &t

all Calholle Churches. Chinese Methodist Church, chuir Fenders Stainer's "Crucifixion," Hennessy Road, 8 p.m.

St. John's Cathedral Three-Hour

service, 3 p.m.

Hong Kong Boy Scouts District

Cump, Stanley Village.

Coming events

TOMORROW

Easter Race Meeting, Happy Val-

ley, 12 noon.

Kowloon

Gramophone Society, recordeil classical concert, Diocesan Boys' School; 8.15 p.m.

SUNDAY

Toe II Classical Concert, 50

Macdonnell Road, 8.30 p.m. European YMCA, Armchair Group

meeting talk on "Americans Communism and the Chinese Mind" by Mr. Hubert Freyn, 6.45 p.m.

MONDAY

Meeting, Race Valley.

Easter

Happy

Europe YMCA, Whist Drive,

1.m.

TUESDAY

HK Rotary Club lunch, Roof Garden, HK Hotel, 12.30 p.m. meeting, GPO

Urban Council

Bldg., 4.15 p.m. European YMCA, Bridge Drive,

B p.in.

OFFICIAL NOTICES,

APPOINTMENTS Mr. B. M. Bautista: in charge of the Consulate for the Republic Philippines during the absence of Dr. J. V. Rodrigues,

of the

effective from March 29.

Mr. R. Willoquet,

❤

Mr.

J.

F. R. Gabbatt, dealer in Chinese antiques and

curios for the past 40 years, told his follow-- Rotarians at the weekly luncheon of the Kow- loon Rotary Club at the Peninsula Hotel yes. terday, that the China antiques and curios market is how closed.

bulk of the budgetary expendi-400 Authoritative Dealers in rarities and antiques no longer visit

roll.

t

estimates

who was in-

KAI TAK QUAKER OATS Break dit

TOPICS

4. Due to poor weather conditions yesterday quite a few in-coming alreraft, were behind their cx4 pected me of arrival.

'A' Pan" American World Air- ways-DC-4 was almost two hours Iată. Her point of departure was Okinawa, Sho arrived at "about 4° pari- Other

arriving later

planes than originally, expected were a Civil Air Transport airgrate From Tulpeh and a Cathay Pacific Air- woys aircraft from Manila."

Ground mechanics of the China

| Notional Aviation Corporation di Kal Tak have been shifting around' their ‘aircraft: witkin thế: airport recently.

ed

Previously most of the ground- -planer were parked on a vac- ant lot near the highway leading 16-Ngau Chi Wan. Since reven of the aviation company's air- craft were damaged on Sunday most of the CNAC alreraft: have been shifted to parking 100 further away from the highway,

Yesterday the vacant space Ir front of CNAC's Kai Tak work- shup was ogain' filled by the com pany's aircraft. However, none of the aircraft is being serviced by ground crew members.

+

Mr. G. C. Swearingen of (Par American World Airways Opera- lons Departinent, left for San Francisco by PAA yesterday,

Mr. Swearinger who has been in the Colony for the past seven and a half months, in being trans- ferred to PAA's Snu Francisco office.

tures would have to go into non-

have placed productive work, such as

China in any number. They are now as rare engintenance of the vast army and the eighbourhood of US$1.300,- somewhere i in

as the treasures they seek, he said. administrative machinery, despite

which is certainly the big- Communist gvowals to turn their 000,000

The speaker,

Guests were Lieutenant Colonel history Ching's

·A· popular figure at Kai Tak, gest in main energy into production. By the end of last

ure turning to troduced by Mr. Elmer J. S. E.S. Trusler, Mr. T.S. Chamber Mr. Swearingen at one time re- That Communiste Yost, ap.

Mr. M. who constitute more Tau, President of the Club, Mr. C.S. Rolfe, Mr. J. W. Barker, placed

Peutsch, PAA farmers, the proximately 9,006,000 personx

Mr. G.P. Plummer, Mr. Y.A.Operations Manager here, when were on the Government pay than 80 per cent of the Chinese said that this stoppage began Oldham and Dr. F. Kingman Hsu. the latter was on pick itave in the

They included military, population, for the bulk of the with the Japanese invasion of

U.S. political and administrative per money they need for this year's

Grain

levies and sonnel and also old Kuomintang expenditures. personnel, whom the Commun- taxes on the farmers consequently lets have decided to rateln tom-

Have

been trebled and the pro- porarily.

ceeds are estimated officially to be Communist Finance Minister Hosumcient to pay for 41.4 per cent 1-po estimated that the payroll of the budgat may be boosted to 18,000,000 by the end of this year.

Main cause

The payroll, which is the largest In the history of Chino, is the main cause of the gigantic budget which the Communists have

Nationalist mutineers expelled

Twenty-four former Chinese Nationalist soldiers, who mutine against their officers in Ling Ting Island recently, were order ed to be expelled from the Colony by Mr. Jainés Wicks at Kowloop yesterday,

The Hakka soldiers

Bear the brunt

China.

It should not be construed that the restrictions imposed on the export of antiques and curins by Chinese authorities had seriously affected the situation. and that apart from the remaining trea- sures now under state protection there is very little that la of any interest.

The plight of the farmors,

Lamenting the death of the who are reported' to be staging armed uprising against Odm-market in China, Mr. Gabbott sald muflat rule and killing Com-that the finest collections of Chin- munist tak collectare la many ese antiques and curios are now in San Francisco. Rice, can easily be appreciated New York and In view of the fact they are China, he emphasised, is now no for her own financing longer the market "the brunt of the Communist government at a artistic productions. time when their land production

Arts and Handicrafts,"

Marden to speak on "Ivory"

Mr.

Jerry O'Donnell, `PAA's Hong Kong Manager, returned from Talpeh by Hong Kong Air- ways yesterday afternoon.

Mr. Donnell was in Taipeh

local businessman and Rotarian,

Mr. G. E. Marden, well-known | visiting PAA's agents there, will give a talk on "Ivory" at the Downtown Centre of the YMCA, 11 Duddell Street; on Tuesday at 3 pm.

Mr. Marden has been Interested in ivory as a hobby for many years and, has built up an out- standing collection,

Broadcast

races

Rediffusion will have its Sportscaster

had been elushed from 20 to 30"Chinese on the subject of which is being held at the YMCA, | day.

storms and pestk

This is the fourth in a series of talks on "Things Chinese" The lectures were originally held every two weeks, but in response to public demand they will now take place every Tuesday..

per cent by Honda, droughts. Mr. Gabbott briefly reviewed the g history of Chinese art. Chinese art he sold. has persisted since about The Communists have also the 30th century BC, and, ex- doubled and in some cases trebled Icept for dark periods, has con- taxes levies on private cor- tinued to this day. The dark "Chinese Bronzes":

and merce and industry. The main periods are always occasioned by burden on private commerce and war, invasions and great internal Industry at present is buying the upheavals such as the present one. are now caught in the throes of a Victory Bonds. In addition, they business and industrial de-

were pression

Vetillard and Mr. A. Travert: charged with landing in a place Some Fat the main causes of the provisionally recognised 08 At in the Colony not being au- current Inflation ons

taches at the French Consulate thorised, landing without ut Hong Kong.

Mr. H. B. L. Dowbiggin and Mr. H. C. Margrett: representa- lives of St. John's Cathedral,

the permission of an immigration officer and with belog apparent destitutes.

Inspector J. Orem stated that on Tuesday afternoon defendants were seen in Sal Wan, Cheung

which

and

Development arrested.

"Conversely, peace serenity are what the sun la t the flowers and without theas Ingredients the development of "art"is" "arrested," he said. "No other country "can' display such a wealth of artistic and prolife activity, nét,

Dr. T. K. Cheng will talk on on April 18. They following week on April 25 Mr. James Leo will discuss and give a demonstration on "Chinese Music".

The public is cordially invited

PAL' REDUCES MANILA FLIGHTS

Philippine Air Lines, Inc. yes-'

Each day

at the Raco

Course for the Easter Raco meeting on Saturday and Mon-

they will present the results of five rnées starting on Saturday with the Tal Hang Handicap for Class Four. Pontes and followed immediately by a running commentary of the Hong Kong Derby,

Following the Derby, Rediffu sion will present the results of the Seventh Race for Class Six Ponies and this will be followed by further running commentary on the Easter Handicap for Class 1A Ponies.

Complete results of the Races will be broadcast in English at 8.30 pm and In. Chinese ot 7 p.in. on Saturday evening.

No

LIGHTER SUNK IN COLLISION

lately assumed skyrocketing with almost daily upward fluctua- tions in commodity prices, can be found in the gigantic budget.

Nobody knows exactly how

‚ all things Consider-terday announced a reduction in much is the total Communist note ed, has there been anything to flights to fanfa owing to the

which is kept a 13p

secret

equal the highest attainment of severe restrictions placed on Messrs. F. E. Skinner and B. Chau Island and when questioned by tila Peking government. But this art Chinese entering the Philippines. A wooden lighter collided with J. Monka: representatives of they told the police that they iY, THE

it cna-

"This great out-pouring has not The Philippine" Immigration Christ Church, Kowloon Tong came from Ling Ting Island judging from the budget,

They told the police that there not be very for from the 60,000,- been entirely in vain," For each Service now refuses to honour another, en route from the Colony Messrs. Hual Tuck-chang and was a mutiny in the island and 000,000,000, which was the issue of treasure, often bought for a song, re-entry permits of Chinese who to Macho on Wednesday and sank G. C. P. Heywood:

that they may representa- that they were disarmed and sent Kuomintang's Chinese National is and continues to serve as an have been back to their villages immediately

casualties were reported, tives of St. Andrew's Church, away. They took a fishing junk Currency on August 19, 1948, ambassador in the homes of mil-on the grounds

have been indoctrinated' as Com- The lighters, owned by a Chin- and headed for Cheung Chau when it was discarded In favour lions who never cease to add in-munistr

ese company, were carrying coal The Salt Industry Bank of Teland.

currency.

terest and joy in" there lovely

PAL- wii "fy to` Manila on for the Portuguese colony, and Ezechuen, Limited: llcence" con-

Minister Ho Inspector Orem informed the

that 11.5 works of art so entirely different 'of the

from anything celled.

their own countries Wednesdays, Fridays and Batur- were under tow by the salvage tug Court that therena Wong Keung, penditures this year produce, so that the Orient with days only.

Margaret Moller: The Dekon Banking Corpora- of the same group in a Hong to be met by the printing press its teeming masses which other tion, Limited: licence cancelled. Kong hospital suffering from From previous experience, it is a wise would be a closed book is

gunshot wounds.

safe guess that the bridgetary ea- made into a living reality and timates The South Sea Industrial Bank,

made at the beginning of China scores, for she can wait Limited: llcence cancelled.

the fiscal year would be boosted A vote of thanks Ws given many times at the end of the fiscal the speaker by Dr.J. Hus.. year by the Indation

af Visiting Rotarians at yesterday's

Dr. Tso Hauch-yen: entitled to practise medicine and surgery in Hong

Kong.

•

CNAC Managing director in HK

of the

Got 10 y ex":

All these add up to a dark pie-luncheon Included Mr. A Maho Lure for the Chinese Communists, wald of the United States, Dr. C.T, In which economile problems loom Wang of Shanghai, Mr. D.S. Hill,

The annual roll of ceriled" midwives was published in yes. Colonel C.Y. Li, Managing is the greatest threat United Hong Kong, and Mr. Joseph Yu,

Director of China National AviaPress

terday's "Government Gazette

The annual roll of nurses region Corporation who was among tered and entitled to practice in Hong Kong was included.

It was

vas põelally announced eyes- terday that the Hong Kong Clay erupeni Agent at Tokyo will in future he known as the Hong

those who flew 12 CNAC and CATC aircraft 190 Faking on November last year, returned here about a month together with Colonel

Chen Chb-lih. Managing Director: Bf CATC; ac-

Intorined cording to

Kong Government Representative perday in Japan. His elographie address

of Colonel Liu

satiree

said

will be HKRER. Te last night that the 'colonel is at

WATCH I

Funniest Pickups

MABLE WILS

favori

Irma

Bresent vids with“ Mrian-y? Hộ CNAC station manager here. However, they do not know the

in the Colony

YINGKOW FORT REOPENED

Closed during winter because of the freezing of the harbour, Ving kow was reopened to shipping as from April according to the pro-Communist Vernacular! Wel Paola yesterday.

The

Knowspaper sal the winter all ships we

to Daren If added

mayhemale open-

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Dear Friend in Hong Kong:

It hardly seems possible that a year has passed since wo began our celldgs at the ble Auditorium. And now wo have only eight, weeks more, haforn: the closing service. "Ą marvellous attendance conthiusa and I hate to come to the last night.

31. ·

Wo are living in awfully solemn times

E-heliavo with

all of my heart that the prophecies are almost 'au Tuinifba and that soun, very soon, dưới"

and chaos.

// But 16. seems so fow are preparing for the last solemn `events· just ahead.. Few scena”, to care what-is/co

pay. Day- attention to the solemn, prozhecks hours. They will stand'

Judgment,

* Sunday night," April 8 la à, nóeds to be heard by two mini Vinéluding, YOU) – “A dou predicted" for "our" earth in prophetic message could ren Empire: The Bout?13 very *Icind"events"Enit

History, 4#ppeal Ilfo to this solem „to ono servicp:(nge Wit before.

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