1952-12-12 — Page 2

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A. THE CHINA, MAIL, FRIDAY, ́· DECEMBER 12, 1952.

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Tariff Increase To

Be Requested

London, Dec. 11.

All Commonwealth gov» ernments have agreed to

OIL NEGOTIATOR STILL FIRM BELIEVER

IN MOSSADEGH

Iran Premier "Best Man

support Britain in asking To Come To Terms With"

GATT (General Agreement on Trade and Tariffs) to allow her to protect her in- | dustries and agricultura against foreign competition. Al present GATT, the world organisation which ́ lays down the law on tariffs, will not allow

any member country to raise its tariffs in a way that dig. criminates between one nation and another.

Britain wants to be able to

tarills false s

London, Dec. 11.

Mr Richard Stokes, former negotiator in the Persian oil dispute still believes that the Persian Prime Minister, Dr Mohammed Mossadegh, is the best man to come to terms with.

Mr Stokes added in an exclusive statement in today's issue of the Tribune, Left-wing Labour Party weekly: "If the Anglo-Iranian Oil Com-

pany want Persian oil I believe they could get it

foreign goods if necessary but | now.” without increasing duties Commonwealth imports.

Mr Anthony Eden, the Bri- Ush Foreign Secretary presided at moet of the meeting of the Commonwealth Economic Conference.

Mr

Minister of mise a £20 million debenture

Labour frauc,

Stokes. Materials in the last Party Government, visited Teheran in the Summer of inst. The Company declined 10 year op an unsuccessful mission comment but Stock Exchange to negotiate with Dr Mossadegh. quarters expected the issue to He told a Press conference

The price of Persian Gult oll be made before Christmas os a tonight: "I

have come away was 00/- a ton, Mr Stokes sald, five per cent stock at 99 per from this conference immensely At that price Persia would only cent. heartened."

have to sell four or five million the Though

Commonwealth

It is presumed in the market tons of oil a year to financial conference did not say same amount as they received un- obtain the

that the Company needs extra so, it is known that the British der the royalties in 1949. At that for huge business Prime Minister, Mr Winston time they had to sell 30 million

side Perslu churchill, will take the ference's plan

£10 million in long to get to Washington early next year for discussion for with the now President. Mr Dwight Eisenhower.

It has

con

also been unofficially

disclosed that the Common wealth will seek American sup port in raising the price of gold now pegged at the 1934 rate of US$35 fine ounce-Reuter.

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London, Dec. 11.

Mr John Roberts, 45-year-old helicopter expert and former Caulfield, Melbourne, Gram- boy, has joined Messra Short Brothers and Harland, Limited, of Belfast.

Mr Roberts

born was

in London and

Australia when he was

He served an apprenticeship with the Larkin Aircraft Supply Company and returned to Eng- lur in 1932 to work for British aircraft companies-Reuter.

went to

12.

Nepalese King To Return Home

New Delhi, Dec, 11. King Tribhuvana of Nepal, who flew here on Friday for treatment of a throat ailment,

is due to return to Katmandu, his capital, tomorrow,

former Cabinet Minister estimated that 25 tankers of a "pirate" sect would need tri make 10 trips a year to the Persian Gulf port of Abadan to ship five million tons of oil, ble," Mr Stokes said.

This may well be impossi- But he believed half the number of trips necessary could be done,

LESS THAN SIXTH This would make Persia's net receipts about £1 million year, nearly double the average during the 20 years before the

she received each amount

JCar all breakdown with Persia.

Ko maintained that the £8j would still be less than million one-sixth of what Persia would have got if Dr Mossadegh had

Mr Stokes' noceptod

eight- point plan Inst

year The most interesting question

out-

It has a big tanker fleet and is building refineries in Aden, Australia and Britain,

Let The Baby Shiff, Says Doctor

London, Dec. 11.

Bables with colds should be encouraged to sniff and should be dis- suaded from blowing,

says Dr. M. B. Mor- wood, writing in the December issuc of Practitioner, a medical journal. He writes: "I am perpetually surprised by mothers who bring their small children to me suffering from colds In their noses, who say:

I cannot get him to blow his nose.'

"Blowing is a 'funda- mentally unsound ac tion. Organisms arg blown into cranial cavi- tios not previously affected, the most im- portant being the middle cars. In contrast, sniff- ing is fundamentally sound."

BRITAIN'S

TRADE CAP WIDENING

The last balance sheet issued showed nearly £80 million of ready money acrels, but even this sum Js not necessarily rufficient for expansion of Bo large a business.

Lontion. Dec. 11., Anglo-Iranian shares were Britain's trade · gap widened frm today but some. other last month by £10 million, pro- shares eased slightly becue visional Board of Trade figures such a debenture Issue would disclosed today.

Lake £20 million out of the market

supply of money- Reuter.

Meeting With Templer

London, Dee; 11.

A dolegation from the Rubber

Imports were the lowest this ycar at £231,800,000 against £208,000,000 in October, but exports fell sharply to £207,- 200,000 from £218,800,000 - In the previous month.

On a working. May basis, how-

ever, November's exports were. two per cent above the aguro for October, which has two more

ዩኒ፡ whether a "pirale" com- pany could buy oil from Persia Growers Association, which re-working days than November. at less than tho Peralan Gult presents the majority of the

price, "say £3 Sterling a

a ton" and undersell the market-

"European estate producers in

with

With re-exports also lower at "It might bring about a re-Malaya and elsewhere, had a £8,000,000 against £12,100,000 volutionary change in the private moeting today 20

In-General. Sir Ceraid Templer, November

in October, the trade gap in price of oll. Perhaps the

Was £45,700,000 vestigations going on in America British High Commissioner in now into the oil cartel may help Malaya.

against £35,700,000 previously, y revealing something astonish

The bigher trade gap ing."-Reuter.

November was still appreciably lower than the monthly average

NEW STOCK 195UET

London, Dec. 11.

The general rubber situation in the Federation was discussed. Later General Tampler met the Chairman of the Medical Per- There are circumstantial re-sonnel (priority) Committee. of on him twice at the Nepalese poris cn the London Stock the Ministry of Health and dis- Embassy on Monday.-Associat-Exchange today that the Anglo-cussed the recruitment of medical ed Press.

Iranian Ou Company plans to officers for Malaya.-Reuter.

Prime Minister Nehru called

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of £61,100,000 for the third quarter of the year and the monthly average of £60,- 300,000 since the beginning of the year-Reuter.

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