FOREIGN INVESTMENT RESTRICTIONS IN GERMANY LIFTED Allied High Commission announces new scheme
Berlin, June 15.
The Western Allied High Commission in Germany at its meeting: in Berlin today decided to lift present restrictions 'on' fördign: investments in Germany and announced. 'o scheme by which foreign investments will, in future, be permitted.
Mild note
to Russia
on Austria
Washington, June 15.
Principal features of the scheme are as follows: (1)
Industrial equipment, raw materials and semi-finished goods and engineering and other technical services may be brought into the West, German Fedorali Republic för investment- purposes under special Ilconco.
and, by special licence, wil be allowed to acquire Investments
in private business enterprises and loans in.bankel
General licences under Military
Government laws No. 32 and 53 will be issued by the Bank Deutscher Laender in the near future.
THE CHINA MAIL, SATURDAY, JUNE, 17, 1800).
Japan!
Made in HK, P GOVERNMENT
WATCHING JAP TREATY ISSUES
London, June 15. Mr. Harold Wilson, the President of the Board of Trade, told Parliament today that ho. would investigate suggestions that the Japanese wore sending to Britain shirts, marked' Aada in Hàng Kông”.
He said that mm ovi- donca.of this, had been produced, but if his Do- partment did:find"goods with incorrect marking they would not hositato to take action.-Router.
Japanese need for U.S. help
Tokyo, June 15.
Japan will need American)
Manila, June 15. The Philippine Government: is watching the ** question of Zalling `à Japanese' podca conference with “heightened interest in connection with her. Julie Foster Dulles! `trip to Japan" and the Washington report | thar a draft of the treaty may be ready by September.
Government officials' believe a treaty with Jopan
should have Been concluded long ago." If a 'peace conference were to be convened to- morrow the Philippines would be ready to at- tend. All the necessary documents: for pre- senting the Philippine position were prepared' Tong ago, according to an informed' source. The Philippine position regarding the Japanese peace treaty has not changed front the original' view that basically Japan should be do- militarised and democratised to prevent her "from" "eyör "dgain becoming a" throat" to the peace of the Far East.! -
(2) Deutsche marks may be acquired tram the Bank Deuts cher Laender at the current rate The West fused a mild up-at exchange against acceptable foreign currencies and may be
(0) The permitted daily draw- pruach instead of criticism to-used in Germany under the same Ings from foreign-owned Deuts- crontoniic aid at least until 1953, While Government officials are]ver's seat enabling her to play day in an invitation to Russianditions as govern the use of chasmark balanses for travel ex- - General--MacArthur's Head-making no new stateinurits con- but ends against the middle**** to join in easing the occupation existing foreign balances.
ponses in Germany will be in-quarters reported today on the ecming a peace conférence. In General Romulo said then that burden on Austria as much as (3) Foreign owners of claims creased to 75 marks par person eve of a major conference here creased Interest is being shown no definite stand would be taken possible.
expressed foreign currencies with a maximum of 200 Deutsche on the ending of the Occupas here. since. the proposal for by the Philippine Government The U. S., Britain and France, against German persons, corpora- marks per day per family.
tion
separate treaties and the appoint until the views, of the conferees It was dinelor, also have askedtions or public bodies will be
The Allled Headquarters ment of Mr. Fosier Dulles to con- and people were known. Ho said Rushin to join them 172 naming permitted by speelal licence to
mued a comprehensive economie sult with the occupation authori- the problem involves "Imponder. rivillus ligh Commissioner's in enter into voluntary agreements
days before the ties in Tokyo.
ablo and unpredictable factors" report two place of their military com-with the debtors for repayment
arrival of the Defence Secretary; There are some indications that that prevent the Government inanders in Austria, and 10
in Deutsche-marks.
. Mfr. Louis Johnson, General the Philippine Government views from taking the position lightly. along with measures to bolster (4) Foreign-owned real estate
The High Commission announ- Brudley, and Mr. John Foster of two years ago concerning the President Elpidio. Quirino bus the Vieann Government.
or other non-monetary property cement, which described the ap Dulles, Republican consultant to level of Japan's salf-supporting stated he was opposed to a sepa may be sold in Germany or tran- proved procedure for foreign in-
Industry have been modißed even-Frate treaty because the Philipe sferred to another foreign owner
vestments as the first stage in the the Secretary of State.
hör Allies-United Press) for a foreign exchange consiciera-progressive relaxation of present posible sources reported though her basic position on the pines should act in concert with
visitors would try treaty remains unchanged. restrictions on by special licence.
on foreign Invest- ments In Germany, forecust that to pin down General MacArthur thinks about the further measures of liberalisation on what he of and relaxation would be intro- peace treaty for Japan and need duced in the light of the ex-for American bases hare in the
future, acperience gained in the operation
of the present new procedure...
These were agreed to lay the Western Foreign Ministers at London last month as an interim programme because of the long deadlock with Russin over terms of a anat post-war settlement re- storing Austria lo full indepen- dence,
The new bl was mode on Monday at Moscowy. The Ame- rlean Invitation, made pubile by the the State Department, sulel US, would be pleased If the So Vlet Government would associato
itself with the programme. ቤቲ voiced hope specifically that Mosenw would name 11 civilian commissioner in place of the military commander, The Uri- tish and French notes were similarly worded,
of
Their mild tone contrasted with the repeated criticismi Russia over the Austrian dead- lock by the Secretary of State, Mr. Doar Acheson, and other Western lenders, They have charged Russla with deliberate ubstruction of ar: agreement
Real estate
(5) Forelan owners Deutsche-mark balances (in. cluding Deutsche-marks quired by the above methode) and foreign-owned or contrail- ed German corporations will be
allowed by general licence to
Invest in real estate, in securi. ties issued by public bodten and
It was, however, not. foreseen that convertibility Into foreign exchange of capital ar income from old or new Investments would be permitted, the announ-
in publicly dealt-in securities cement added.-Reuter.
Four-point
plan
for M. East bared
Cairo, June 15:
rather than accept the treaty A four-point plan to reshuffle the Palestine borders and get British troops out of Egypt was widely published in the Egyptian Press today.
which would mean withdrawal of Soviet as well Western occu-
pation troops.
The
new
Austria means a merger of
present post of US military. High Commissioner and that of the U. S.
Minister
.
to Austria
Geoffrey prise, John
2.-Israel would evacuate the Southern Negeb; fe
L
Western plan for The plan was apparently an Egyptian trial balloon
to test international reaction, The British and Americon Em- The present ligh Commissioner bassies expressed complete sur- is Lieutenant-General
although newspapers
tho Keyes.
annox 3.--Jordan would. Gelaimed that the plan was Anglo- Erhardt is under orders for American in origin.'
South Nogeb and..the Gaza strip, transfer to South, Atrien.
both of which are economically barren-Tardan has already an- which nexed Arab Palestine: Krypt
Minister
and De-
On the basis of reports froin their own governments and Wa- slington, diplomatic quarters be leved that the State fence Departments had decided that they could not get anywhere on the Japanese treaty Issue until they had reconciled confile- ting reports from Tokyo.
Pravailing viow
view now prevailing here in to-
ONE TURK. KILLED IN BORDER ISSUE
An Informed source said. the parmit Japan to attain a level ‚of self-sustaining, Industry CR12
stilt precludes the revival of her
Frankfurt, June 15. potential military power.
The Bulgarian ́news',' agency ed an early peace treaty through killed an armed Turk who pone-
The Philippines always favour
suid today thai frontier guards the Far Eastern Commission. This trated the Bulgarian border with was the United States planas a scoutings party on the night of | opposed to Russiais insistence June 10.
that tho Blg Five nations with |*| The broadcast, monitbred
ted here, The Headquarlors report on veto power, wrilo. the treaty:
said Bulgaria had filed ja pro-
at
on
the present and future Japanese The Philippines would like to test with the Turkish Legation irl .cconamy shid The major out-see theso provisions Included in Sofla against the
"gross anti standing problem continuing to the treaty: confining Japan's arrogant" violation of the frontier. confront the occupation is that of sovereign, territory to her four. The broadcast said a Turkish achieving an economy capable of main islands, reparallons payscouting self-support
Jeep, carrying thred adequate ments (the amount reported to be armed men, penetrated. 600 metres standard of living, freeing the originally sought was $4,250,000, on the Bulgarian side of the United States from further ald 000, of which $2,800,000,000 would frontier toward the town appropriation."
be for war damage); reorganisa ft sold that much had been lon of Japan's educational sys Mikacic shortly before midnight done under the occupation but iam; changing of her political last Saturday. Bulgarian guards "much remains to be done. It structure in line with democratie called on the Turks to halt, the
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sald Japan must double the pre-principles which the ocupation turned to flee, and the guaren Liberty Diamond Cutting Works (Pty) Ltd.
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this vafale: Philippias quarters say to be balanced and need for sup-country has not been informed port from the United States officially, of plans to propare a One occupant was killed but „eliminated-United Press.
the othen two escapeti; under draft treaty next Septembar but assures the Philippines would be cover of darkness.-Unlied Pross consulted.
HUNGER ARTIST
Filipinos Have been slow to forget the more than three years! EQUALS RECORD
of hardship and sufforing, umier Japanese occupation. Their nitl- Frankfurt, June 15. tudu-toward-Japan-is similar to With civilian High Commis- The diplomatic eltors of the
Willy Schmitz, self-styled that of the French toward the stoners, the occupation of Austria newspaper "Al Ahrain," will be similar in outline with Arst published the plan, talked then would have an Arab State "Hunger Artist", today equalled: Germans.
one Governincal source expree- -that-of-Western Germany. With at length with Foreign Minister on har Border while Jordan; his own starving' record when drawal of occupation troops is Salah Eddin Bey nt Alexandria which has the best relations with he spent his 160th day in a sed the view it would not beine not contemplated before gree yesterday, fellow newspapermen Teruel of any Arab State, would sealed glass. box in Frankfurt essary for the Philippines to acck
increase her frontier with Israel, 200.
the ment on treaty terms-Associa-said.
provision regarding, the limi- tation of Japan's trade with Aslan: fed Press.
The proposal which the papers 4-British troops would pull After # thorough medical countries because, the Philippind say is "under study". sels thia
out of the Suez Canal Zone and examination, Willy laid down for import control, law should be programme,
establish new bases in Jordanian not hop three days in his caro Inadequate to regulate the flows of 1-Egypt to withdraw her orgu- territory Jordan and Britain attempt to set a new world Japanese products to this country.
fasting record. pation forces from the Gaza sirip have a mutual defence acco-
When told of an Indian com- lot Southern Palestine. She would ment.
petitor in Lille, he smiled wanly. also censo being further politic-
that the ally involved in the Palestine
lends had told him Indian fakle was souled in with! question.
“Now, reporti 100 snakes. say that there are only. 80 anakes
the cage they told hima But there is no international starving association to which, ho could appeal to dispute any re cord which might be set by the Indian.
Finnish pact with Russia
Moscow, June 15. Finland's Prime Minister, Urho Kenkonen, and his coun- try's traile delegation left Rus- sla by plane this afternoon for Helsinki after signing a five- year trade agreement with the Soviet Union.
Peru revolt put down
Before leaving, the Prime Min Arequipa, Poru, June 15. Jøler gave a luncheon at the The Government claimed to Finnish Legation at which the day to have defeated Commu- Hussian Foreign Trade Minister. nist rebels who last night M. R. Menshikov, a Deputy Chair-seized this Southern Peruvian man of the Council of Ministers, City-the-second largest in the M. A. I..Mikoyan, and the De puty Foreign Minister, M., Abdrei country.
Gromyko, were guests of honour. The number of casualties was [not officially known, but uncon- Afterwards they accompanied timed reports said that more him to the Moscow Central Alc-than 50 people had been killed pont which was decoratoil with and 200 injured in street fighting. Soviet and Finnish Ang) and At La Paz, Bolivia, just across where a military band played the the Peruvian border, the Faruvian Finnish, and Soviet National Ambassauor has been told anthome. A Guard of Honour of watch for and help refugees from the Moscow garrison: prevented sirife-torn Arequipa-said to bo arms and marched past the Fin fleeing the city in large numbers. nish Premier
A milliary communique Issued carly today said that the raising WAS Fled by a. Communist, Fran-
Representatives of the Diplo
to
matie Corps were also at the cisco Mostajo, whose candidacy nirport to see the Finnish leader for the Vito-Presidency in ext off. The British, Fichch and month's elections was tumed American Emnasios were no down on Sunday said that the represented. Mija
The communique When the new agreement was rebels took over the city last signed fast Tuesday) diplomalle night, Government forces Imme- aources here eafd that Ruan diately laclated them, and later would take Britain's place a completely suppressed the rising,
Finland's prinelpak, trading it-nuded.
***The Peruvian Government
partner
The Finnish Promia lutt aboard novlet passenger fircraftěj »
Radio went off the air rods after the fobilien, began-Router.}
Before it took off he faced ENVOY RECALLED
newsrect cameramen and,, sponk
Buenos Aires, Jung Ingrinto microplache, achie im The Argentin Foreign Minis: thal agroemont. would provide try has recalled, Dr. Ofta YLUS - jobs for tens of a thousands of cheret, Ambassador to Iffilà, from
Finnlal workers
Now,:Delhi:
Never before, had Finland; Dr. Toschüret was recently In- negullatodan zedinemia protan volved: im & Cabaret, hiclübist with much Mascalul I would carry on Englishini Mein John Wond out perfolubily Atertwishorts fait rielltyEdwards, whON WAS, ASTMISTOA
Thils would meet the insistent demand for British forces to, got off Egyptian territory
"Al Ahram" sold this program me would represent a wholly new! orientation in Egyptian foreign policy and make the troubled Arah League "of purely thearo- tical Importance."
J
-
Japan's economy"*** Aleading, Manila' business source,”, commenting on the treaty, sald. Pilipino traders be. flaved steps should be taken, to see that Japah's, económia“ rà- sources are developed. för -pen- ciful purposes only. The Philippma viewa B separate treaties with Japan were set forth by the Foreign Secreta ry, Brigadier-General Carlos P.
The 48-year-old German hus Romulo, in a spouch- 124 days ago It sald the US should take lost about 00 pounds. He has conti which he said separate trea- the initiative in persisading Israel sumed. 200 bottles of soda drinks, lies would hasten a settlement to evacuate the Negoti-Asso-smoked an estimated: 4,000 ciga-But would cause confusion and clated Press,
'fretics-Associated Press:
the "EIGHT
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