1954-10-18 — Page 2

Page

THE CHINA MAIL, MONDAY, OCTOBER 18, 1954.

KING'S PRINCESS US accused of black market

AT 2.90, 5.15, 7.20

& 9.30 P.M.

AT 2.30, 5.80,` "7.30-

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FIGHTER ATTACK

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JOY J. CARROL

HAYDEN-PAGE-NAISH

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Marlin Sheeran, aged 6, of St John's Wood, little knew that he was going to shake hands with Sir Winston Churchili at Blackpool. I Was when he left London for a holiday

quite a moment for him for the great man was travelling on the time train to address the Conservativo Party Conference, -Central Press Photo,

ATLANTIC

PACT

MEETING

ON NEW POLICY

By Stanley Priddle

London, Oct. 17.

intentions in South Korea

BITTER DISPUTE

OVER

CURRENCY

Séoul, Oct. 17.

·A United States attempt to break the bitter dispute with the Republic of Korea over oil and money was rebuffed today,

Badly in need of Korean currency, the US! offered to sell petroleum from Army supplies to|| the oil-short Republic, but a high ROK official ro jected the offer and accused the US of black market intentions.

"The government of President Syngman Rhee cut off the US supply of Whan currency to pay 100,000 Korean employees of US and United Nations units in a dispute over the exchange rate.

of

It then charged the USU.S. Army tries to sell the ol ""retaliated by cutting of Boutsi on the open market "thegovern- Korea's petroleum supply even ment will take strong measures though the Republie did not against such legal dealings." nuve enough to last a week." The Republic of Korea cut off Tho amfee of Economic Co-the US and UN supply of Whan ordinator Tyler Wood derled the after the US refused to repay charge and painted out

out that advances at

at the

oficial rute Korra already had used its 180 When to 1.

UNREALISTIC yearly off allocations from the Foreign Operations Administra-

US sald the official The US rato was "unrealistic" and that according to the Pusau market Index-the agreed-to formula---the debt should be repaid at a 254 to one rate. Black market rates currently run as high as 800 Whan to one American dollar.-Unlied Press,

(FOA), Some American officials hinted that the shortage existed because a large part of the FOA-supplied oil was finding its way into the Korean black market.

OFFER REJECTED

Gon. John E. Hall, UN and US Far East Com- mander, attempted to break the deadlock on Sunday by offering to, sell Korea oll from US Army stocks In return for the Korea Whay. Won Dong Suk, Diretor of the ROK Office promptly rejected

No

Foreign..

Bases In Austria

on

Vienna, Oct. 17.

of Planning, The Austrian Chancellor, Dr

the offer Julius Raab, tonight denied ro This week's meeting of the Atlantic Pact when informed of it by the ports that talks had been held Council in Paris will mark the climax of a new United Press.

the granting of military "The ROK government has bases In Austria to foreign policy making phase regarded by Western diplo- nover been notified' ql; this'

"The US may DOWLTD.

Dr Roab said that Austria mats as a vital prerequisite to further negotiations offer," he said.

be intending to sell oll on the fcould not grant such bases since with the Communist bloc on the future of Europe. open market.”

Ho ROK "will "military bases also mean milit The Foreign Ministers of the 14 allies open permit such blackmarket doalary transport and the present their conference on Friday. The meeting.. ex-ings which are against the US occupation regime would not be

modised at all.” pected to last about two days, has been called to petroleum agreement that pro- vided all US'oil suppilies bo dia- approve the new plan for arming West Germany tributed through the Korea Oil and to invite the Bonn Republic to join the five-Storage Corporation." year-old pact.

Two

other International gatherings will precede ft.

-On Wednesday, the British, French and United States Foreign Secretaries will meet Dr Konrad Adenauer, the West German Chancellor, to plete their agreement to end the occupation of the Federal Republic this year,

RECAST, SCHEME

com-

On Thursday. the nine Foreign, Minhters, who in London earlier this month. recast the Western defence programme, will reassemble the army scheme.

write and co-operate in main- taining any. "European settle ment of the Soar problem, it is understood aufhordtatávely. Diplomatie quarters

here share M.-Mendes-France's view that the best solution probably lies in placing the Saar under the authority of the Mi

Ministerial Council Cou

the Brussels Treaty of Organisation. The Brussels group will be expected from its pre- sent membership at Britain, France, Belgium, the Nether clude West Gmbourg to'in-

lands and

The

could not accept a State Treaty

Ho re-affirmed that Austria

which did not guarantee the com- The corporation is a govern-pleto evacuation of decupation ment agency. Won said if the troops.-France-Presse.

RITZ

Air Conditioned

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FIRST TIME IN COLOK BY TECHNICOLOR

DEUT

BAJERRY

and Italy MARTIN-LEWIS

Council; previously a purely consultative body under the terms of the 1948 treaty, will be given real power in the agreement to be concluded. In Paris this week.

An

It is hoped that ratification of the agreements by the respective national parliaments will be as-

alternative method of sured by the end of the year. "Europeanising the Soar would But Western diplomate bellove bo to invest authority for the that before then, the Soviet territory in the Committee of Union will launch a new drive Ministers of the 15-nation to frustrate West German rear- Council of Europe, it is thought. mament. This is expected to -Router.

on

take the form of proposuis for new East-West conferences German unity and European security.

The Western powers arc equally determined to get hir programme well under way bo- fore. they make any fresh at tempt to negotiato a European reltiement with Moscow.

Rommel Lauded;

Ulm, Oct. 17, Hundreds of former German soldiers gathered round the tomb here today of Field Marshal Erwin Rommel to mark, the. They hold that the failure in tenth anniversary of the burial the past to go to the conference of the "Desert Fox.!!

filled

ed

fablo with their own plan ful- Alba present were the widow has seriously weakened and sock of Rommel who come their regoliating position. manded the German Army in

With a sovereign armed Wost the Middle East. Germany as an equal partner

Wilhelm Speidel, Rom In the Western alliance,

they Herz

me's Chief of Star, and now believe they will present an adviser to "the" West Gerinan Commissioner, sald zaliable

Lint Remmel's death had boon The Weste greatest potential a spcrifice to the Goznan nation. weakness s stil, the absence of He had turned against Hitler Franco-German agreement on and his defeat had been, a the future of the Bear, the mall victory --Router,

tinpro front wild and sirma- [Defence

Insitustrial frontier state, which |-|

7.30 89.30

har bedevilleitįgulations betweers the two countries since World

mbl

POR

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