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AT
GILMANS
COMMENT OF
THE DAY
Gloucester Arcade
In Perspective
THE House v1 Commons
Tdebate on the Lancashire
cotton Industry, and tho alled bone of contention- competition from the textile Industries of India and Hongkong-gave the sub- Ject Aume semblance of perspective.
That Lanca-
hire is feeling the effects of keen overseas competi tion is beyond dispute, but the impact is on the export trade. The industry remains dominant in the home market, all enjoying more than 90 per cent of its turnover.
very
This then disposes of the manifestly exaggerated claim that Hongkong pro- ducts imported into Britain ure threatening the existence of Lancashire's livelihood and economy. It would appear
that India, Japan and Hongkong tween them have to share
something less than ten por
cent of the British market la processed cotton goods, which can hardly be con- sidered crippling to Lancashire textile industry.
the
O more significance is the
challenge which Lanen- shire is meeting in the Ex- port field, and the President of the Board of Trade hit
CHINA
No. 36070
THE WEATHER: Moderato. Easterly wisda. Fair, browsing cloudy this, evening.
Established 1845
FRIDAY, MARCH 11, 1955.
H.K. INDUSTRIAL
Price 20 Cents
RELAX IN
INDAKS Whiteaways
THE BARNES COMPROGET
HD NG KUNG AKOWLOON
EXPANSION PLEA
For Socialists
Specific Inducements Bombshell
Suggested
By Hon Cedric Blaker
THE ANNUAL HK BANK STATEMENT
THE SUGGESTION THAT HONGKONG SHOULD PROVIDE MORE SPECIFIC INDUCEMENTS TO ENCOURAGE THE ESTABLISHMENT OF LARGER AND MORE UP-TO-DATE FACTORIES TO TAKE THE PLACE OF SMALL UNITS OPERATING INEFFICIENTLY ON A HAND TO MOUTH BASIS WAS ADVANCED BY THE HON CEDRIC BLAKER, MC, CHAIRMAN OF THE BOARD OF DIRECTORS OF THE HONGKONG AND SHANGHAI BANKING CORPORATION WHEN HE PRESENTED, IN PRINTED FORM, HIS ANNUAL STATEMENT TO SHARE- HOLDERS AT THE ANNUAL GENERAL MEETING
THE CORPORATION HELD THIS MORNING.
OF
The review, as usual fully comprehensive of the political and economic trends and conditions in the East and Far East, devoted considerable attention to affairs in China and Hongkong. The Hon Mr Blaker made, particular reference to the question of "co-existence" and indicated that it was difficult to know just textile how the Chinese Communist government interpreted that phrase.
the nail on the head when he gave it ne his opinion that the problem confront- ing the British
the
trade was one of exports rather thun foreign im- ports. Hongkong has bo- come something of a com- pelitur in certain of overseas markets which were traditional
domin- ated by the British Industry, but for very good Frustrated by re-
телопа.
strictions in Indonesia and other parts of Southeast Asin, the Colony's textile manufacturers have had to Beck other marketa, ur suffer damaging losses. In any event it a legitimate competition.
the least textiles,
ment
that if Britain
In a brief summing up, the review observed that, “without blinding our eyes to the trend of events in the East, we feel confident that British Bankers still have an important part to play in Asia as elsewhere.” New measures, added the statement,
were being adopted for the mobilisation of capital to assist industrial development in the free countries of the East, and particularly in the area of the "Colombo Plan” countries.
است
Helping Underdeveloped Countries
The text of the Hon Courie recent developments In
have Conference
in
e nsequences and
important political
Chinese
China
nature
of the
wider sphere of the Colombo foreign
an
1
en-
Nations has for been trying to
INTERNATIONAL FINANCE
Now
CORPORATION
at lost
froader
10-
Some of the put rather undue ΟΠΙ
со
to impose artificial barriers Prime Minister. The opportuni- and has proved generally national Bank, and it looks as if phrase - has recently received
or
ACLAND RESIGNS HIS SEAT
London, Mar. 10. Sir Richard Acland, Д Socialist member of Parlia ment, announced tonight
that he was resigning his sent to fight the resulting election on the issue of the hydrogen bomb.
Sir Richard, 48, who will stand as an Independent, said he could not "keep company" with the Labour Party in op- proving the manufacture of the hydrogen bomb in Britain.
But he made clear that he is
resigning
'because of
the official Fonders" thrent to expel Me Aneurin Bevan.
not
a 100%
"I am a fou against the ex-
pulsion of Aneurin Bevan," be said. "But I am not in the very least in the favour of his par ticular view on this issue *
next
Reprimand For British Naval Capt
Valetta, Malta, Mar. 10.
Captain Roddie Came- Epent,
of
OBE. Commander
tho navai filanto
Wrangler, was found guilty -by a court martial here yesterday on two charges arising from the grounding of his ship last month.
Captain Casement, whose home is at Rogate Midhurst, 81
*DEPOX, And commands the Fifth Frigate Squadron.
sentenced
Wi
near
His WILB
to be reprimanded. 6011,
A midshipman. among those in court. -
went
The Wrangler aground on rocks outside Villefranche harbour. En
the south of France.
The court martial found that Captain Casement ordered Insuficient sablo to be veered and failed to ensure the ship's postikor was fixed and plokked bo- fore weighing anchor, --- Chloa Mall Special.
Actress Found Dead, Poisoned
STRIKERS
NOW IN A BAD WAY
80
New York, Mar. 10. The plight of some 60 or recalcitrants remaining
of the 300 sepmen who staged an unauthorised "wild cat" strike against the Furness liner Queen of Ber- muda last week became more desperate today when the British Consulate here refused a request to provide board and lodging for the ncediest of the group. '
The strikers called in a-group on Mr C. Allen, British Vice- Coneul in charge of maritime! affairs, with a request that the British government make funds available to care for some of the strikers, who are nearly penniless.
Mr strikers
Allen said he told the that no funds were
to
available
aid any British reamen who refused employ-
ment and that, failure to return 100 work for the Furness Line before the Company's deadline meant they would not be re- employed.
to
WILL VOTE AGAINST Sir Richard, himself a Jett-
DEFINITE DEADLINE winger, will nevertheless attend
of the strikers, *Mr week's Parliamentary
Allen sult, indicated they were Labour Party meeting on the
going
apply for Bevan issue and voto nguinsi
employment and jeft while the the official proposal that Bevan
main group was still at the Con- be excluded from the House of
sulate. Mr Allen indicated he Commons group of Labour MPs.
felt the Furness Line might He will then resign his seat and
Mexico City, Mar. 10. make the deadline more elastic fight his constituency
of the group Beautiful Miroslava Stern, "except for 10 Gravesend, simply on the lasue that the hydrogen bomb ought blonde Czechoslovakian whom they won't rehire under
any circumstances not to be made in Britain, actress who became one of
A spoliceman for the line, Presumably he will be opthe stars of the Spanish however, mad the deadline was
posed both by an official Labour candidate and a Conservative, speaking screen, was found definite, although he admitted This may split the Labour vote dead, today with. the por-the Company would still taka
for employment. aat let the Conservative in as trait of a Spanish bullfighters Sir Richard Acland's general in her hand.
from any strikers changing their minds. election in 1961 was only 5,571.
"These will be treated the ---Reuter:
A police investigator, Alfonso Guido, mid the 25-year-old same ne any new application," {ha. said, “with no guerenteg actress killed herself with an whatsoever that the applicants
Still Harping On Hongkong Gloves
Our Own Correspondent
crease.
unimown poison,
She clutched 6 picture of a
will
be hired."United Press
retired matador, Luis Niguse Plane Wreckage
ол
Dominguin, who married Italian actress, Lucia Bose, in Las Vegas, Nevada, a week ago. Miss Stem, who billed herselt professionally simply
alava,
bad been
Sighted
New York, Mar, 10.
nervous" ever since the wedding, aboard, was her father, Oscar Stern, police,
told
The wreckage of an atropiane, as Miro- one of two missing in northern "sad
and Utah with a total of 10 persons sighted late today near the peak of 11,300-foot Mount Timpanogos,
niles 30 leauth of Salt Lake City. Guido sald the actress Was
Search plane crews said there found lying seroes her white-was no sign of life around the covered bed this afternoon. She plane,. which WDS positively three identified in reports to the had been dead about the hours. Notes addressed to her Utah Highway Patrol as that of found on the bed, but Guido Great Falls, Monturin, The B-25, father,
brother and lawyer were a missing Air Force B-26 fritm said none of the messages gave Jiloe civilian twin-engined an explanation for her suicide. Beachcraft that disappoured a Miroslava had lived in Mexico fow hours earlier last night, for the past 15 years. She was carried Ave persons. Unitati not married United Press, |Press.
recent in-
Mr Peter Thorneycroft said
he had nothing further to add
on
SUNDAY EXPRESS
the sca It internal anatee cannot be gations of one kind or another Her's strement follow: areas between the mainland of raised for development needs, which have visited China. Their
Last your we noted that the
Formosa and
have the safest way out of the dif- members, as compared with those world-wide cold war continued brought downright gloom.
Yet fcally 15 to seek externalof earlier visits, represented more The Imperial Government's without abatement, but that in Article 111 of the Manis Tytaly | Binance either private varied point of view d
Or decision to respect the Astu there had been progress was promising in that it bound Governmental, But foreign teresis, covering political, cul- rights of competitors such | 'n eostomic development pro- the signatories "to
co-operate private investment has not tural, professional and commCT – con-with one another in the further hitherto as Hongkong is thoroughly | grammes spite of a
received much Sued deterioration in foreign development of economic mea-
jelal affairs. They had opportuni- correct. Tarif impositions
couragement towards venturing lies to see a fair amount of the and quotas will not solvere. We also referred to the sures, including technical assist-epptial in the less developed
investance, designed both to promote areas.
arcas they visited in the short Political great need for capital
uncertainties. Lancashire's problem, but me in
time at their disposal, and they under-developed economie progress The
and social nationalistic suspicions and they could do irreparable centele and to the difficulties well-being."
were thus able to bring back a rigld restrictions have
of damage to the Hongkong lying in
picture
Prople's the way of this.
Unfortunately the unrepre- 1,25
nised and frightened
China then has hitherto been textile industry which IN
Investors, but I brought Bentative in 1054 The your
am glad to say having to ght hard
generally available. What theso about sine unprovement in the S.E.AT.O. Conference gave rise that recently same
ekens of a
travellers reported was fresh to keep
economically cold war. Itself
policy in this respect I became less cold, to feurs lest the economic steps have been noted in some coun- many persoție interested in Chin
change of buoyant.
though I fear that already in there
woukt divert Have visualised
On the other hand, even attention and finance from the tries.
and In the Chinese impact on 1955 there has been some reac-
world affairs. They have дов Governmental aid, if OUR post-war industries, not on, 11 la clear that the Geneva
coming from
revealed much that was now to which lasted from Plan, However, in the debate in comt
London, Mar. 10. exclusive one 21 Parlament
has B source, November
bcen looked at those
The President of of us in Hongkong who saved the Colony from a the end of April to July
with some suspicion In recent tave bad our eyes open in the Board of Trade was asked the House approved the crippling depression since elected a change of atmosphere when
and Asian in years relations between
countries past few years. However, even in the Commons today by the instituting
the policy of K.M. Government of the in the
joint West European
prefer and regard to the Geneva powers
interna- absting visits such as there are Agree mostly Unlied Nations trade €Д1-
tional action such as the Econo- worth China. This was not duo
worthwhile and most of the the Conservatire MP for 60 ments and the Manila
Treaty: mic, and Social Council of the travellers who took part were Yeovil, Mr restrictions. much 10 bargoes and
John Peyton, the agreements then an official assurance was given This may mean little to concluded nor to the cease-fire that the Colombo Plan
would Unifes
some careful not to claim omniscience what action he proposed to years Lancashire, so far removed in Indo-Chinn, although these not in fact be impaired by any
get in regard to China and its recent take to safeguard employ from the Hongkong scene, were Important and cheering, commitments arising under adopted.
developments. Intangible Article III of the Manila Treaty.
ment, and production in rather to the but Her Majesty's Govern but
have may advantages But doubts prevail. Economic
the United Kingdom of the Ja aware. just as
the presence at Geneva of assistance is greatly needed in
a new phase enphase, a phrase vach s glove industry, against im- keenly as this community,
have been reached leaders of South-East Asia and the avail-poems to that a calamity has been the Asina ministrations and able capital
so well-worn in pm- ports from Hongkong, in The after about four years of discus-dome limited only narrowly avorted, and particularly to the presence of Colombo Plan was first in the stons in the United Nations and councements from the other view of their
En-lai, the now were | Mr Chou
by the authorities of the Inter-side of the curtain. But this feld
10. acceptable throughout Ada to reduce exports to the lies of direct contacts and dis- cause it has not been suspect on step is being made in the wider recognition through a
direction.
(Conta, on page, 8 Col. 1) any national or polill-ablishment of an International between Mother country,
This is the to cussions
leathing acco of
account handicap our exploration Extern and Western diplomats cal tingt. It remains to be socn Conference if there is any way in which the which the Geneva
Finance Corporation as an of other overseas markets, brought
about for the first Manita proposal can be
the International con-affiliate of whole structure of time since Communist Govern-solidated with the Colombo Plan capitalisation of U.S.$100 mil
Bank and with on Hongkong's economy could ments were set up in East Asta arrangements.
unquestionably effected a clear-
Ilons. The Comparation is de- AID FOR UNDERDEVELOPED signed to increase private in- vestment In less developed
Mr Peyton, in a supplemen- countries. This project was
Mr dary
question, The question economic dealt with in some detail, and ..... Cincinnati, Már, 10.. the Philippines dampened
the underdeveloped on tho same lines as now for
Thorneycroft to take note that a Two persons from Hongkong's Indus- down some of the cheerfulness countries in Asia has been mally proposed, in the report of damage was set at more than industry
were dead and large proportion of work in tries.
in this country was this the With created by Geneva and the more dealt
International Bank for chair on many occasions.
$13,000,000 as the flooding Ohio done by outworkers, and that Not 1981/2. The care expended on River crested here today at 61 unemployment: figures there- long ago in a Parliamentary the project has thus a good debite Sir Anthony Eden said, chance
foet, nine icet above. flood fore, were. wholly misleading. of bearing fruit.
Ho "Economic development is the Similarly, the establishment of stage.
also asked him to bear, in Here it is the book that mind that at the key to all that may follow in the Industrial Credit and Invest. The river accounted for at both employers and workers gives complete information
'present time South-East Ash," and this is a men "What do you want to be when you grow up?" an act of which all Asian Government Corporation of India is cast two victims, both thle
felt considerable
A
degree of another stop forward. Here we area, which bore the brunt of
on the care of the baby and American doctor asked a small boy, an avid reader of ments are fully awar
It is ROC
about the the flood due to heavy upstream
anxiety a promising International-
ellustion one of their most pressing pre-
hoamall child from the prenatal cald Thomeycroft cum-privato investment copeest.
rains. One death was dus to a horror comics, and had an instant and enthusiastic ropy occupations, for they need, more which it' iconssful, may well heart attack and the other was would tour, in and all relevant period through to the sixth capital investment and on more prove to be a model for similar a labourer who drowned while them I will have to remember on Routines, Menus, Recipes, comadderations. **but anlong year: ...... detailed advice Charles Ray quotes this in "The Danger We Face," which generous terms than hitherto ventures in other Eastern coun- worlding at a vacant building in the fact that the United King Training, First Aid
tries, The Government of India, the flooded area. Some South-East Asian coun- | the
the Colonel JL Persons, Ohlo dom sold about twice as much Development River Division US engineer, to Hongkong as I bought Dom first Ume the full extent of the danger facing us.
Hongkong in 1954." of their development pro-Finance Everyone particularly, parents and teachers, will want to
grammes by budget deficits | Banks and any, certain Indian | estimated that the flood
Insurance Companies $13,000,000 worth of damage read the timely, thought-provoking article. And it is only one and caution: is therefore need- and a group of British exchange from Patsburgh to Lawrence
by banks, insurance companies and burg, Indiana. · An additional will give you an entertaining week-end's reading.
a reemt-E.C.A.FE. working Other highlights in this Saturday's China Mail:
party, There have
wing together with a strong by flood control installations. "Make the RAF the Senior Service," W. A. Waterton migraany Itances during the last American group. I am glad to Without those flood preven peste it and pleda his reasons. W. A. Clarke torites on
A bicycle dealer was shot dend. why two decades of Inflatioes getting | say, that we are one of the Brik Sion mearum,” he said, "thint laughing is good for our health. Peter Northend tells some litle out of hand in Eastern coun- tiah banks which have taken up cost would have be at least in front of his shop and two Knoton facts about, wine. Simon Maynard reports on Vinobe tries that the risks met ba, shares in this. Corporation. five feat higher here and at gil, other men ware badly wounded Bhave, the Indian who is
other pointing 'Don't forget there's
DESDO
the vantagem: point) of row's Mall for ALL THE WINNERS.
much about the CORLARIN Y
the
he un mined. This is something we would ing of the air.
ask our critica in Britain
1-cm afraid that the sub- Conference
to remember when they sequent S.E.AT.O. complain about competition
THE DANGER. WE FACE
Said the child: “I want to be a sex maniac.”
for
spotlights the one-man war carried out by Dr Frederick Wertham offered. against the diet of vice and perversion which is fed to children
COUNTRIES
ja
from
in many countries in the form of horror comics. It reveals for the trics are already: Anaricing part {Commannational Bank,
to bis reply given to Mr Peyton December 8. Then Mr Thorneycroft, reiterated it was not the policy of Her Majesty's
DEAD IN Government to restrict importa
initial 2
FLOODS
15
ocused
of many interesting features in tomorrow's Chisa Mall, which ed as has been pointed out 24 feciustrial firms, ELS PANTOF/JzZw\ W8%,600,000 : was saved, he said,
·
પરમા
respondtio the Communists in his country? | eleurly in the minds, of the
ok the Valley too. See
financial authoritar aible for any, Inflationney; action and then, nespčanmisiiity": fa
From
of colonial goods by imposing quota restrictions or duties on them
MX
7
Bicycle Dealer Shot Dead
Carlbland
in three different witacia bo
then wounded of
Baby Book
W
Complete Record Section from Birth to the twelfth Year.
Illustrated by over 200 "how to"! ographs and drawin
in two colours.
240 pages.
Rattractive ofit box.
$25.00
South China
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