1953-12-28 — Page 2

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PRINCESS

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Bob and Mickey team up for

LAUGHS!

MILITARY POLICEMEN

BOB HOPE

MICKEY ROONEY MARILYN MAXWELL

EDDIE MAYEHOFF

STANLEY CLEMENTS - JACK DEMPSEY - MARYN MILLER - DACH WEST Nake

AT 2,30, 5.30, 7.30 and

9,30 p.m.

BIOMEDY LENGE MEDIUji. Dan and femove it ANG KARTER VE SEASIDE, ATAANIGSKÍ PETON JOH

COLUMBIA METURES presenta

RITA HAYWORTH

JOSE FERRER

TECHNICOLOR

ALDO RAY

IN

SOMERS

*THE MILITARY POLICEMAN

KONT

GE WRONG*

-ALL ABOUT

LOVE

RITA 3D! Miss Sadie hompson

Terras Tag by jakkY FELINDA - Meet on a TON IT SOSKATTE MAYOHAIR - A CERİ WALD PRODUCTION

Drezled by CERTIS BEWURADA DELAWORTH CORPORATION FIETSRE

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The

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Technicolen Kin ~FRED ASTAIRE CYD CHARISSE › OSCAR LEVANT · NANETTE FABRAY - JACK BUCHANAN

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WILLIAMC AMAK INFLARE'S

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Causeway Bay.

THE CHINA MAIL - MONDAY, DECEMBER 28, 1953,

Chopping The Noughts Off The Greek

Drachmae Bank Notes

Atheris, Dec. 27.

Greece will embark on a drastic currency reform next year, chopping the last three noughts from the drachmae bank- notes, in an attempt to restore public confidence in the country's money.

The main object of the measure is to case commercial transactions and to a lesser extent, to save people carrying around the grossly inflated currency in bags or even ault-cases.

This step was announced by Mr Spiros Markezinis, Greece's Co-ordinator, in Parliament.

Moslems In

At present, there are 84,000 drachmao to the 21 sterling, whito the dollar is worth 80,000 drachmas and uno gold sovereign costs some 300,000 drachmoe,

E. Africa

Don't Want A the £1 storing.

"Third Force”

Nairobi, Dec. 27.

Economic

Hitherto, hoarders of gold have been reluctant to convert their holdings into drachmac.

of the

The last devaluation drachmao proved the soundness of their caution. The day after

H.K. Singer On |

B.B.C

Londani. Deo. 11. Miss Lian-Shin Yang, the young Chinese singer, is to broadcast from Landon in the BBC's Far Eastern ser- vice early next year. She will present # "Chinese viewpoint in a series of thres broadcasts during January.

Miss Yang has become well-known in Britain since she arrived here from Hongja kong after the war. Over Christmas she enters a now theatrical sphere pan- tomime. At Swansen, In South Wales, she will play Aladdin in the pantomimn of that name,

Filipino Youth To Play Big

Role In Drive

Against Reds

"the readjustmcot" of the Under the intended currency drachmae was announced by Mr there will be 84 drachman to Markezinis, the gold sovereign and the gold fired up with foreign currencies sovereign will be worth about | end its price rase overnight from

druciane 200 drachmae of the new cur- 104,000

to 310,000

Manila, Dec. 28. rency.

drachmae per sovereign.

President-elect Ramon Solving the problem of wages is also of primary importance in Magsaysay lust night de- the implementation of theclared he would create a currency reform.

The two-day conference end-dustrialists ed today.

The plan to set up a central

tremely low in Greece today.

Salaries and wages

per

on

areas

the

The President-elect made this policy statement before a conference of youth leaders in Bagulo city. It was time, he sold that the talents of youth should be mustered to solve national Issues.

One hundred drachmae notes, which look like American dallar bills, have already been printed and will be circulated

12-man student council with A conference of East African shortly, alde by side with the

are ex- the same rank as cabinet or Moalems decided today to reject old banknotes bearing the the a plan for an Islamic political thres zeros.

Coins

The which

average salary of a Greek council of state to advise "third force" but agreed to form to be

Servant ranges between him reintroduced will be civil

state problems, be 1,000,000 a committee to exaintne the pass minted for Ave,

mand w one and drachmae per month (30 to 100

3,000,000 especially on the vitai sibility of establishing a non- one half drachinne, as

well its political organisation for Mos- "coppers"

of U.S. dollars) while white collar question of strengthening of 0.10 and 0.05 of tems

East African the

workers often get less than rural drachmas.

against in British

new

drachmae 200,000

week threat of CommunismL. Tho territories.

currency reform

comes after Greck traders and in-

(seven U.S. dollars).

To prevent labour unrest, It have asked over

that suggested

the currency and over again for banknotes

reform should than the rela

be preceded by a higher value of

the settlement of the ponding present 50,000 drachmag note, For, as cheques are rarely used sonable

issue regarding wages at a rea-

rate approaching in Greece, any important pay nearly

03 possible the new ment necessitated carrying standard of the cost of living

around in notes

bags

index. The Government also hopes that the steps will herease which claims to have succeeded, The conference agreed that it public confidence in the Greek for the first

time in modern by vlowed with concern the currency,

giving by

Greek Greek history, in balancing the Palarming rate of immigrants money, devalued by 60 per cent Budget, will have to keep

entering East African territories last April, e sounder value in permanent watch on banknotes In relation to the number of terms of

currencies. rms of foreign

to prevent Moslemn immigrants" and urged

The change in the drachmae rocketing Inflation. concerned iho governments

to denomination will take place Banknoto circulation has al- flx Immigration quotas for simultaneously with the floating rendy increased by 24 per cent since last year, according to offi- etal figures, China Mail Special.

political body to represent the 80,000 Moslerna in

Kenya Tanganyika and Zanzibar wat thrown out because of opposi- tion from all but the Kenya delegates.

various races.

*The resolution stated that 10,000 Asian children would leave school shortlyin East Africa without any hope of getting work.

of a 300,000 million drachmar loun for rehabilitation purposes (30,000,000 new drachmae), Mr Markezinis stated in his speech. NO RUSHING

05

Moreover, the Government,

circulation in order

Astrologers Say:

reform will "We Don't Want

Two

घटन

Charlatans In

Our Union”

It Is understood, however, On the subject of education, that the currency

not be rushed through. delegates decided to recommend

are necessary, to East African governments the conditions establishment of "common states cording to experts, to make a schools" in which Africans success of the Minister's plan. should receive special con- First, a greater stability must ideration. They urged that re-be achieved between drachmac ligion should form an integral and prices which, following the

devaluation part of education.

Greek The Moslems demanded equal | currency, are stili changing opportunities for Africans, who, daily as they line up with the they said, should be taught to new rate of foreign exchange. increase agricultural produc- Second, salisfactory settle- are to meet in Paris tomorrow tivity by tho 1190 of "modernment must be reached regard- ¦ for the Seventh International methods and encouraged to raise |ing the claims of civil servants, Congress of Astrology

of the

Paris, Dec. 27. Astrologers Itom France, Britain, U.S.A., Germany, the Netherlands and other countries

cash crops. More land should | employees and workers for a The meeting will lost until bo given to Africans in view of | readjustment of salaries and Jamary 3. the overcrowding of Aften wages in accordance with the reserves.Chim Mail Special. rise in the cost of living which followed the devaluation of the drachmae.

two

"Mandy"FilmWins

#

The chief alm of the meeting is to establish astrology, if not as a science, at least as an element in the sciences of medi- essential | cine, psychology and as д prerequisites are fulfilled, the guidance to young people in the

Unles these

German Award currency reform may well turn choice of a. profession.

The

to the disadvantage of the country.

The

To give emphasis to his state- ment, Magsaysay said he would appoint two students to key government posts. The sident of the students "Mag- saysay for President" Move- ment, Rafael Salas, may be ap- for Commissioner pointed Youth Affairs.

Magsaysay stressed that students could contribute to the solution of problems facing the nation in countering the Com munist threat.

The

their lives. He

1130 President-elect lauded the students for the part they played in keeping the last national elections clean and honest, even

at the risk of disclosed that he plans to reward the students who showed exemplary conduct in the last elections by award- ing thom the Legion of Honour. FIVE-YEAR "APOSTLES"

In a keynote address to the youth leaders conference,

Dr Vida Tan, president of the University of the Philippines, posed a challenge to youth to form tar

farm battalions which would devote five years to living with rural folks to influences their outlook. He called these battalions: "Apostles of the

movement."

Summing up the rural prob- lem as one of economics and education, President Tan asked a curriculum be

drawn

up for teachers in High school and vice president of the junior collego with stress laid International Centre of Astro-

ön hygiene and sanitation. Frankfurt, Dec. 27. If the currency reform is suc-nomy, M. Andro

Barbault, to address

While en route, to Baguio to British im "Mandy."

the youth cessfully carried out and the new day said that one of the main

Ienders, story of a little deaf and dumb currency enjoys the popularly objectives of the congress would Fernando,

Magsaysay in a stop-over. at San

the girl received an Evangelical forepast by lis planners, rene be to prove the dignity of trus

capital of Film Guild award as the best 20,000,000 gold sovereigns in the astrology practised by dis empanga province (cradle of the film of the month here.

hands of the Greeks, represent- interested

Huk revolution), announced he exponents. that the un-ing

"We hope unproductive capital

would havo the Candaba The guild said

the congress will sentimental and simple pre-hourd of 200,000,000 dollars, may result in the formation of an

swampe in that province' re claimed by army engineers and sentation of factual courage was come out of hiding and be international federation of astro-

by the brought into circulation and lo- logisia --- which

bave land redistributed to the deeply moving

will excludo artistry of the British actors vested to the benefit of the charlatans," M. Barbault said.-

landless in that province. France-Presse,

made

Reuter.

SHOWING

TO-DAY

country's economy,

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MAJESTIC 7.20 & 9.30-

QUINONDITIONE T

X'MAS ATTRACTION !

PAULETTE GODDARD

GYPSY ROSE LEE

Babes

in

Bagdad

EROTIC SOLOR,

P.M.

** THE ARABIAN MIGHTS

NEVER SAW NIGLES É

·In a new light -

SU

Bevan To Meet Naguib

Cairo, Dec. 27.

The British left-wing Labour lender, Mr Aneurin Bevan and his wife Jenny Lee, who are

He

QUEEN'S ALHAMBRA

NEW

GLORY FOR GARY!

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ADDED!

OWING WILD

GARY

COOPER

BARBARA

STANWYCK

ANTHONY QUINN RUTH ROMAN

"THE GAY PARISIAN" In Technicolor With the Ballet Russe de Monte Carlo

WATCH FOR IT !!!

ALEC GUINNESS JACK HAWKINS

ANTHONY STEEL

MALTA STORY

MURIEL PAYLOW RENEE ASHERSON.

and FLORA ROBSON

ROX Y & BROADWAY

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TO-DAY

Owing to length of picture please note change of times: At 2.30, 5.00, 7.20 & 9.45 p.m. ++++++++++++++++++++++++++1444444* BROADWAY 5 SHOWS TO-DAY Extra Performance At 12.00 Noon,

20th Century Fox presents

THE NEW DIMENSIONAL PHOTOGRAPHIC: MARVEL

YOU SEE WITHOUT GLASSES! ·

CINEMASCOPE

· LĪTI K. SONRAS

The Greatest Story of Loys and Faith Ever Brought

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The

Robe

The Anonephia Laná Promoć na newly cround, carved Miracle Mirme Scrash achieves Kin-ška rosiity sell Infinita dapė) -.... Canelope'i Dereophonic Sound roaches new heights of seinticipation in the Mirače

fory of all thei

KERALA ACERII

added that he would have a Special Prices of Admission: Loge & Dress Circle $4.70,

"

census taken of the landless in Pampanga for the purpose of just distribution. - France-

Presse

Adenauer-"Most

Capable Man

expected to arrive here from In W. Germany"

London tonight, will be the guests of Indian Ambassador Sardar Panikkar on the first

Boan, Dec. 27,

day of their stay in Egypt, it A German public opinion

was learned here.

Tomorrow afternoon

investigation has established the that 61 per cent of Germans now British visitors are expected to regard Chancellor Konrad- fly southward to Luxor with Adenatior as the "most capable the Indian envoy to visit Upper man in contemporary German Daypilan ancient Totuuments politics."

for two er three days. They

aro, then expected to return to Cairo to meet President Moham- med Nogulb-Franco-Presse.

Shi avea chawly all

CRINEIR OPTICAL CO

"OPTICIAN)

fri

The figures were released to- day by the Allensbach "In- stitute of Democracy” which claims that the popularity of the Chancellor has risen sharply the In few months by slitum investigators, who ques tioned the public this month, found the Chancellor well ahead of his political rival, Social Do«^ mocrat lender Erich Ollenhauer, who got only 80 per cent,

Chancellor Annuera Dapus Barity hay find its ups and downs, according to Allanıbach "demo« aracty?? investigations. In Septod ben, 1948, 50, per tent of those asiced who, was the mjort oupable men in the then German polical- scene gave Adenguar's, nerjò, AL,

Back Stall $3.50 & Front Stall: $2.40. ROXY 5 SHOWS ON FRIDAY NEW YEAR, Extra Performanco At 12.00 Noon.

BROADWAY 5 SHOWS DAILY up to NEW YEAR

Extra Performance At 12.00 Noông ng BOOK EARLY TO AVOID DISAPPOINTMENT! Complimentary Tickets Are Not Valid For This Picture,

LEEntre

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GKONP 2 Présenté

The CONQUEST of EVEREST

The 1959 Expedition with Hunt, Hillary and Taniing” INTECHNICOLOR