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COMMENT OF THE DAY
Colonial Currency System Change
3aturday the Chioa
S
CHINA
No. 35993
Established 1845
'THE WEATHER: Moderate, variable winds, mainly Easterly. Cloudy, with" palobos of drizzle or light rain. Bright periods. this afternoon.
TUESDAY, DECEMBER 7, 1954.
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U.S.-SOVIET CLASH OVER 11 AIRMEN
Lodge
Q
And Malik In
OM a London Heated U.N. Debate
repost from our own corrOH= { pondent which stated that
the British Government had decided to make
mentai change
funda
the.
Colonial currency
system. the
The effect of this, report went 011 ไง MAY. would be to abolish the necessity for the Colonleg i to keep the full 100 per cent » Sterling euver
for thear note issue. It added: "if the reserve requirements of the Currency Boards pri other Colonia? ratrency muthorities are reduced, considerable Sterling balances will become avail alle for the Colonies to
Britahu spend in
the Sterling Area." The natural
or
Is
MOTION TO GO ON AGENDA
United Nations, Dec. 6.
The United Nations Steering Committee today voted 10 to two over Russian objections to put on the General Assembly's agenda the case of 11 American airmen sentenced by Communist China as "spies." Russia and Czechoslovakia voted against the United States demand. Burma and Syria abstained.
The vote followed a bitter exchange between U.S. Ambassador, Mr Henry Cabot Lodge, Jr., Chief United States delegate, and Russia's Mr Jacob A. Malik in which Mr Lodge denranded that the U.N. net "promptly and with determination" to obtain the release of the alrmen.
The resolution to be placed before the General Assembly will, it was understood tonight. ask the Secretary-Generat, Mr Dag Hammarskjold, to seek to obtain their release.
the resolution will not suggest According to informed sources,
any particular way in which Mr Hommarskjold might net.
it
was
question is: how does this affect Hongkong 7 The nswer is: virtually not at
VIOLATION all. For the Hote
further understood in Hongkong system
that the resolution. whatcha is entirely diferent from that sponsored by all 18 of the Allied
POWETS, Will
that the propose operating in other Crown Colonies. In most-if not in detention and imprisonment of General Assembly find that the all of the other Colonies) the airmen is a violation of the the note lasuing authority is Korean armistice agreement.
The resolution wil also in- the Colonial Treasury which
condemnation ide a goneraz deposite
United clude In the Kingdom the equivalent of such violudums, but without mentioning the specifically of Sterling bucking
its
Chinese Communist authorities. Jasue.
Mr Hammarskjoki would be re- Arst re- quested, to make his Port by the end of the year,
Representatives uf the 10 powers the res agreed on the terms of
resolution to
textury.
Bunk
the
IN Hongkong the Chartered of India, Australia and China first issued bank- notes in 1863, followed 13! years later by the Hongkong nad Shanghai Banking Corporation. Initially
not legal bankngtes were tender. The Mexican dollar was the standard coin in the Colony until 1896. But the notes became more and more the customary menas of payment and from 1890 onwards they established by convention
practically
the
were.
Bule
Britain preply moved that the U.N. General Assembly be- in debate on this outrage" not later this Wednesday, and with
ut referring is to a subsidiary committee for preliminary dis- jcussion.
DROPPED INTO CHINA
age purposZIUS.
prisoners' frontier speelfently for espions posed putting the
case un the Assembly agenda.
He began by remarking that a "hostile
campaign of hatred and slander has been unleashed in this
by the connection American press and rudia in the last few days."
اده
wha
Me Ladges: the U.S. would introduce a map showing radar soupe truchigs to pve that the plume carrying the armen
15 miles shot down on Janturry 12, 1953. the You south Niver which forms Koren's burdly
It Manchurlo. Wilh arched, he said, by 12 W*us onomy fighters
and radioed distress anal, "The only
which thirag DI these ma bouki ossibly have
Lodge said. apled would be prison walls," Mr
of
GLARING VIOLATION
"The detention of these men for more than a year after the denci set by the armistice agreement is a glaring violation at essential principle of the armistice agreement," he added "We in the United Nations cannot Jet these
down Thury
are United Nations men sent to Korea in were
They
מטה!
The facts which are avall- able to the Soviet Government
Buil Mr
Malik and others," "leave no shadow of doubt that inclusion of this item in
The agenda is wholly unwarranted." 19 He said
11 that white ol 13 Americans sentenced by a Com- munist Chinese military tribunal " "sples" wore military uni- forms, "they all curried dubitable
end ungtastionable avidence that they Chinese territory ter capionage and inciting on uprising against the Chinese Government."
wers
FLOODS SWEEP FOUR BRITISH COUNTIES
The continuous heavy rain has caused flooding in many areas of Britain and the West Country has been particularly hard hit. Nearly 50 busy roads and hundreds of minor once were under
resulting in wide- spread dislocation of traffic in Devon, Somerset, Glouces- tershire and Worcester- Kişile.
water
The
lown of Worcester WEB badly affected, This photograph
A
generaj view of hurdle "Islands" on the flooded race The course at Worcester, antire
is under water, COUTBO
reaches a depth of feet in place--Fox
Photo.
which The two civilians involved, Mr
sight lons Malik raid, were employed by the U.S. Central Intelligence Agency and all 13 were flown Into a Chinese province 'for re-
H-BOMB CENSURE MOVE FAILS
Tories Win Commons Vote
London, Dec. 6.
US$10 Million Sought For HK Refugees
Geneva, Dec. 6.
A United States investigator declared today that Hongkong administration should not be expected to shoulder all the burden of dealing with Chinese refugees there.
of
Sir Winston Churchill's Government tonight defeated by 300 votes to 267 a Labour opposition censure motion alleging lack of urgency in dealing with the menace of studied the Hongkong situation. the Hydrogen bomb.
Cailing for talks with Russia on nuclear weapons, Mr C. R. Attlee, leader of the opposition, raid
were things
"drifting dangerously."
responce to a request by the moved from the Korean front- MOVE TO AVERT He felt Britain
Jer.
United Nations.
"For these reasons, the United Sueles belleves that the proposed new item should be placed on
agenda the
should Nations
and the
United
act promptly to bring about the release of The 11 Americno almen-as
Russia's Jacob A. Malik alleged well as all other United Nations that the I akınca and two inilitary ersonnel who are still American evalans bad boen beli detained," Mr Lode dropped into Chinese territory declared.
ના
XMAS RAIL
US STRIKE IN U.K.
HELD AS CRIMINALS
Central Intelligence Agency," the Russtan
sadd "made
to a practice B-20-type aircraft to drop sple on foreign territory. No state
into will take
accctunt the uniforms they wore while being dropped. They will be held to
"far removed" from the Korean Mr Melik Indignantly op- People's
medium of exchange apart CHRISTMAS
frum
subsidiary coinage.
Today the
three
majur
banking institutions- the Hongkong
Shanghai
and
$5
IN
SHORTAGES
HONGKONG
Dock Strike Delays Shipments
Christmas shipments of local import firms have been affected in varying degrees by the recent dock strikes in Britain, though on the whole not seriously.
|
London, Dec. 0. Britain's railwaymen, many of whom have threatened to strike at Christmas if their pay de- account as criminala."
mands are not met, were today the Repeating
Communlat contention that
Chinese ured that negotiations would "the
be speeded up to meet their £8 Republic was not a belligerent in Korea," Mr Malik million pay demand. said the Assembly should not
The pledge was given by Sir consider the prisoner issuo be- Brize Robertson, Chairman of in the Charter the British Transport Commis- cause "nothing gives
the UN. authority toon, after a meeting with trade
matters essentially union leaders, Intervene in within the domestic jurisdiction
any state"
Salut
of
Mr Malik said Colonel Arnold, one of the capured flierS, CON- fessed that ho had gone into China in an unarmed American plane not assigned to a military
the Chinese People's Republie was not a belligerent," he said, "the incursion of an
American aircraft over China cannot be regarded as a military
Arm re- They said they hoped to receive | operation." — United Press &
of Applies before Christmun.
Bank, the Chartered Bank and the Mercantile Bank of India- Issue the bulk of the Coluny's money in notes of
frons denominationa upwards. The Bank note issue at the end of lant year amounted to $802,211.- 984 or about 95.3 per cent of the total. (The remain- ing 4.7 per cent was issued by Government in notes of one dollar, ten cents, five cents and one cent denominations and coins of fifty cents, ten cents five cents denominations. At the end of last year this issue amounted to $39,276,- 187), The Hongkong and Shanghai Bank issues A spokesman for The Dairy approximately 95 per cent of Farm Co., said this morning the
and
One big importing ported today it was short wines and spirits and winter electrical equipment.
rc-
Another importing Arm ported shortages of wines and spirits. Other Arms said they were short of sweets and certain brands of cigarettes.
SWEETS SHORT
1
the banknotes in this effect on certain shipments Wor
Colony and has
Storling cover for
♫
full net
this
of
any CONIIquence, Shipments of biscuits had been held up but were, expected to
amount in London but this arrive just before Christmas.
cover is purely bank money
-not, as
in the case of Jones and Co., importers of other British Colonies, British confectionery, have been public funds.
hard hit according to a spokes- mum for that firm. Most of their shipmenle were exported
IN
no far as other Colonies to arrive on or after Christmas
aro concerned the British Day.
Government's reported Gibb Livingston and Co. re- decision appears to be a ported that the
effect of
the
sensible move designed to strikes on their Xmas shipmentts give the Colonies a greater was not on any big scale at all, but rather on an "Inconvenient” measure of financial in-
one. dependence and therefore to
make them less reliant on
EFFECT NEGLIGIBLE
the homo Government for Lano Crawfords provisions
Reuter,
11
Loudon rall workers have vowed
could have given a lead list Aprli. „when the House of Comitions passed a unanimous resolution urging
talks. Immediate,
NOTHING DONE
on
Dr Edvard Humbro, Chairman
mission which A survey
told the High Commissions Advisory
Commilies Sub-Com-efugees at its 10th session here Nations that $10,000,000 in æld might be
needed
help Hongkong in
refugees.
Dr Hambro expressed admira- for the work of the Hong-
to
the Disarmament
the United mittee of
London meet in would private ro that the Government could see from the result of its work whether some power or group of powers could put for-kong authorities and for the per- sonal qualities of the Chinese ward a completo treaty.
If the results of the meeting refugees. He felt, however, that
inore should be done. were encouraging the Govern-
THREE SOLUTIONS ment would "certainly con-
Dr Hombro said there template a mecting at a higher
three possible solutions re- level."
in- patriation, emigration and The Government
It could possibly form partegration in the Colony, accepted this with the proviso that it
of the four-power must be the final judge of the visualised in the Western timing.
Russia on Mr Attlee complained | powers' last note to tonight that eight months had | Germany and Austria, passed without anything being done.
Amid Opposition declared there
was an
cheers he over-
discussions
China
WORKING, WATCHING
The Foreign Secretary sald that
of the after ratification
on German ond ressmament.
for negotiations
whelming caso now for closer Paris agreements contacts between the British sovereignty
opportunities
and the Soviet Governments.
Atlee telt Sir Winston | "better Churchill had "lost his sense of known before." vagency" since he originally
Eisenhower meeting,
Mr The meeting was called by the National Union of Railway men as a "matter of urgency.
Already leaders of 45,000 to strike if necessary to force their demands for
pay. Another strike ultimatum has been drawn up by 24,000 Mon- chester railmen.
more
The Union has submitted Я new demand for wage covering o pica for 19 per cent increase put forward in
July last year.-Reuter.
were
10
ns
Voluntary
repatration China was not acceptable to the
he said. So far refugees, emigration was
concerned, might be possible to negotiate with the Nationalist Chinese authorities in Formosa, but there were difficulties in the path of 10 other Chinese emigration countries.
Fur
with
integration, considerable with the Soviets might occur funds would be necard to help
we have the than any
Joan's refugees
and grants, and Dr Hambro suggest- ed that a
a sum of approximately US$10,000,000 might be required for this purpEE.
Dr Hembra did
that op-
"We have been working and proposed a Churchill-Malenkov-watching for just portunity," he said.
The motion 17 which the
stato in the where tho debale took place was
money should come form of an amendment to the from.
now up to the Cum- Commons', formal reply to the miteo to
Dr Recommend Qucen for her speech at the Hambro's proporal to the High State opening of Parliament Commissioner
Another war, he said, would lead to a hydrogen war and the destruction of civilisation.
INITIATIVE, WHERE?
for study. Then He had talked with Russian 95 risca
leaders and he believed they last week. The speech, prepared if the High Commissioner wishes Cabinet, outlined the to take action, he can make a and President Eisenhower felt by the
"Government's
of formal request for the $10,000,- programme that 100. But somehow the
business for the new session. 000 to the United Nations thing did not get moving.
-Router.
•General Assembly.-U.P.
MONTY STARTS A CONTROVERSY
Carriers Obsolescent? No Says U.S. Navy
Washington, Dec. 6. 20 The U.S. Navy, stung by a British Field Marshal's attack on "expensive" aircraft carriers, rallied to the defence of its 103 floating airstrips' when the Assistant Secretary for the Navy, Mr James Smith called a special Press conference today to say: "Carriers are still an enormously important weapon.”
Mr Smith called the .con- for the building on 00,000-ton | securing Over the centuries Loans to Ananco major department said the effect of ference to direuss Field Marshal aircraft carriers
['adequate boots for her sea and undertakings. Many, with the strijoms on their provisions Viscount Montgomery's atato-, He also took Lasue with Lord lood foaves. their small revenue earn-was negligiblo.
ment in Los Angeles on Novem-Montgomery's sin(cent that "A look at the map shows that Ings, are dependent on these Jarding's Import Department |ber 29 that the Western powers the West now had sircraft Britain has or has had bases
that general loans to a far greater ex-reported
mer should stop bulldog aircraft with such endurance that air for her forces all over the tent than Hongkong which while Caldbeck, Macgregor
chondiro had been affected, carriers "at once.""
and Ho said the U.S. Navy had carries were no longer world," he said, Anaucos tho butt Co. dealers in wines and spirits, considered Field Marshal had reeded to carry them to the
not unduly gomery's yummarks.
*, DEST CRANCE
development undertakings sid they
scene
romve
are looking for AD Infiative," he said.
Mr Attlee said it would take
a couple of years for the Paris agreements
on Germany to produce actual strength.
"Are we to wait for two yearn uniil That potential strength becomes active?" be asked. "You are already in a position to make soundings," he dicared,
Me Attice såld it was suggested there had been changes in the ultitude of the Soviet Ïenders.
CONTACT NEEDED
"I do tæt pretend to know. I have been" across and had: contacts with Mr Maleniowy, Mr Molotov and others and 1 think it would be well if some of Her Majesty's Ministers had contact with some of them," he said.
The Foreign Secretary, Bir Anthony Eden, said he hoped
STOP PRESS
MR YOSHIDA RESIGNS
Tokyo, Dec. 7.. ENVIABLE SITUATION of confick
Prime Minister, Mr Was a very enviable The BRITAIN FAR-SIGHTED situation. The United States Shigeru Yoshida resigned today › Me
Cabinet Bmith evid
Chief that both never had that, nor has it sought
Secretary
the Britain and the United States it. We have secured some bases Kezji Fukunaga called on certainly hed, long-rango - skew lately through alliancer and un-
out of current revenue. Few shortage was found, Governments in the world; . today have a 100 per cent in particular type of goods, "We still think, however, that backing for their note spokesman for this company the aircraft corrier is an enor- / craft but he did not think they ❘der the NATO pact. But we still er, at the two House of Isauca and alde
been mously important weapon. nd the mind for the duplication of the mature bose charter et meeting and five-hour It had reached the state' of" put" | Deď aircraft carriers to give us don!"lient at the end of a ro British
delayed shipments to be avail-in the very early winges of a wam.concerned fint they could foron outside, the contential conference between Mr. Yoshida establishing no now proce able from other ports.
mafor, worst tre amid.
Whay in the air incentralbody, Sad United States --Fouter eggs and this. Liberal Party leaders dont au far as the reduc.
Hongkong Tobacconists
Mir'- Smith mid- the United "Khẩn. Smalis said that initain - Pictured: above). One of to notify them of the Clevern-
Cólonial funds in concerned; cenain" brwöder, of cigaretten. | altering. Its 10-yows prognimme - sighted and politionily mattan by enantiom
(Bee Back Fags) T
tion of Sterling backing for ported BOVOTO shortoros of States had no intention of always had been extremely men Ban
Da Almeriasty Now 69,999- minik decimon United Pres
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