THE CHINA MAIL, MONDAY, MARCH 28, 1955.
CHINA Asian Incomes Singer Once
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NOTICE
VEHICULAR FERRY
Owing to repairs to Piers, the Vehicular Ferry Service will be suspended follows:-
Tuesday Evening
the 29th March, 1955
. 12
The last ferry will leave at 12.00 Midnight instead of 1.00 a.m.
During the abovementioned suspension Passenger Ferries will be operated as usual.
"THE HONG KONG &
YAUMATI FERRY -
CO., LTD. Hongkong, 9th March, 1965.
NOTICE TO CONSIGNEES
*APRASTUS".
Damaged carno exce Vessej will be surveyed by, Messin. God- dard & Douglas at Holt's Wharf Io. 30 a.m. on March 30 and 31, 1959 and consignees are requested to have their representatives present
during the survey.
BUTTERFIELD “& SWIRË,"-
Agente.
Hong Kong, March 28, 1956,
To ADVERTISERS
SUNDAY POST HERALD Space for commercial advertising should ba booked not later than noon on Wednesdays.
evidence of progress the real income per head of the population has remained in a state of relative stagnation and is still-nearly a decade after the war below prewar level.
The survey, which covers 1954, was prepared by the Economic Commission for Asia and the Far East (ECAFE)..
It said the problem of constant¡ tries' has generally been left to and excessive fluctuations in the private sector."
་
the prices of the region's major During the. past year, the exports had kept Asian survey stated, agricultural and economies in B state of in-industrial output increased, the stability,
food situation improved, some at least of Asia's traditional experts brought in higher returns and the instationary situation remained under control.
SUSTAIN DEVELOPMENT
The survey also emphasis- ed" the inadequacy of domestlo capital formation in the region and the need for foreign capital to sustain gconomic development,
The survey noted that special efforts had been made for tha participation of foreign capital in | venturear stigh as the Sui as project in Pakistan, in the manu. Available domestic savings are facturing fields in Burma, in the estimated at less than $2,000,- ¡eld refineries in India and more 000,000 (£714.000.000) while recently, in the establishment of annual development require an industrial credit and invest-
excluding ments
Communist ment corporation in India. China and Japan were estimated at $5,000,000,000 1,785,000,- 000).
Thus a $3,000,000,000 (£1,071,- 000.000) gap has to be bridged while external aid at present is estimated at less that $1,000,- 000,000 (£357,000,000).
The survey said that an annual inflow of $3,000,000,000 (£1.071
006,000) would make al the difference between a stagnant economy, and a developing one.
The survey noters "welcome trend in the right direction" in the last two years and said most Countries in the region had reviewed their laws and regula- tions governing tereign vost
ments.
IRRIGATION
The survey sald most of the countries in the region have
concentrated their development programmes on irrigation and flood control.
It noted that this was "unlike mainland China which has con- centrated its efforts on the establishment of heavy ja- dustries and the rapid creation
transport of necessary
and the power facilities even al cost of lowering the present consumption rate"
The
Countries, Other survey said, "have followed policy of maintaining current consumption and, therefore, bave naturally proceeded slowly with the programme of in- dustrialisation The develop- ment of consumer goods indus-
PRIVATE CAPITAL
"But," added the survey. **private foreign capital alone cannot fill the gap."
One way was to secure lar- Ker current surpluses through improved tax administration and collection and by finding
Boxer
EAST BERLIN RESTAURANTS
variety tour. seen
at his
Don Cornell American' zinging star in London for a London hotel with Ron Barton, the West Ham cruiserweight. The boxing setup is explained by the fact that Cornell used to be a boxer, and uses the punch-bag as part of his "keep fit" routine---Gentrál Press. Photo.
SOUTH AFRICA FACING
CRISIS OVER
MAIZE
Salisbury, Mar. 27.
Both South and Central Africa are facing a crisis due to the pro- duction and accumulation of surplus maize.
WERE A MUST FOR THE WEST Now They Are Nearly All Half Empty
Berlin, Mar. 27.
Staffs of the state--owned restaurants in Communist East Berlin fear numerous dismissals now that the East German Government has made it too expensive for West Germans and West Berliners to eat and drink there. »
The restaurants are half empty, for the prices. are beyond the purse of the average East Berliner.
The Government said that visitor to Stalin Alles, West Germans must pay in these "first socialist street" H.O. (Handeis organisation) rest Berlin.
LOOK IN VAIN Walters today look in vain for the usual guests from the "capitalist" West in
the
in East
taurants in West German Reservations had often to be currency, The official exchange made for dinner in the Johanni- rate of East and West marks is shot, the equally sumptuous ixed at one to one,
for although hole
"state guests" and West Berlin exchange booths other important visitors. Western sell four to five East marks for reporters who have gone there one West mark..
since the new regulations carrie into force, say that only a few people probably Commaist officials of the "intelligentsia" were sitting at the tables.
SURPRISE Discreetly, the walters asked for identity cards. When shown West Berlin passports they expressed surprise that anyone should be willing to come there and pay "good" West marks. A cup of coffer
cests 1.03 Forks (1s 94 sterling)
-about
East Berlin's "show places": the "Cafe Warschau" in Stalin Allee, the "Restaur
ant Bonniskan,
“nd the
"Hotel
Privately, they say that they bellave a general food shortage has prompted the East German Government to discourage Western guests.
9.40
By the end of the season, the Union is expected to have a surplus would have cost in West Berlin (14s ed)-again twice as much new methods of taxation. An- of 26,000,000 bags, a year's consumption, of maize, the staple production of
ether was by பவச
"усп-
developmental expenditure." the African population..
Small savings had Bnanced a signifleans" part of government developmental expenditures in such as India
as in West Berli
The East Berlin restaurants twice as much as in West Ber- had been magnets for Westin and it is only half as good. Berlin gourmets who could have A portion of goose costs an excellent Hungarian goulash, marks (13s 10d) and a "Schnit- for instance, for half what itzel a la Holstein" 8.35 marks
Now, each guest has to show identity card to the waiter, be The new regulation also for- fore he orders, ard anyone bids East Germans or Husslans, found to be from the West who are frequent visitors to The Maize Board has been! Farmers in both South Africa Production by African far-
German currency
area is re H.O. restaurants, to invite in CapetowTI and is and Rhodesia argued that mers has also increased
for guests and quired to pay in West marks Western
pay meeting believed to have recommended during and since the war, when although their consumption has Little notes informing guests of
of their
food and drink. The wait- world maize prices soared," they that the present price of 31s a A method of economising on bag should be reduced to 30s.
have been receiving very much gone up, too, the African areas this have been inserted in the ers explained to startled guests less sometimes about half the are now also producing a sur bill of fare, and posters have the day after the regulation wes capita! and using manpower
been put up outside the re-issued that only one drink was are being the
world price and that consequent plus. resources more fully was
allowed per person, and several | ananisation of community pro....
This is an important politically they are entitled to protection vestigated in Both territories for In the past, hardly a table Soviet officers were resported jects designed
the cabinet promote decision and
can i now. Nevertheless they have turning the surplus to stock was ever available in the Cafe agricultural and
The been economic not make up its mind.
doing wel
at current food, but so far no really satis-Warschau, a sumptuously revelopment, the survey siid- Maize Board's discussions have prices, hence the rise in produc-factory solution appears to have corated place which was almost Reuter.
been postponed.
a "must" for every Western
some countries und Pakistan.
to
MANDRAKE_THE_MAGICIAN
THEY'LL BE
tion..
Plans
and
been reached-France-Presse.
By Lee Falk and Phil Davis
THE
AND THE MIGHTY SPACE SHIP TAKES OFF!
STARTS
THERE
TO AOLL
COMING UP MOVING
THEY
SHIP
HERE
TWO OF YOU I
| WENT TO THE
NO QUESTIONS YET! GET THIS
LOCEAN BOTTOM
the
--FOUR CAME
SHIP MOVING--|
FAST!
WE GO!
BUT WHAT'S THE HURRY?
HERE
COME!
US Disturbed
an
Over Jap Reluctance
Washington, Mar. 27.
United States officials are.
disturbed by the reluctance of the Japanese Govern ment to accept private American investment capital which they feel can play important role in restoring Japan's economic .health.
havc üld
Japanese Buthorities time and again that their Government should waL- come private capital from this country," one official said
FERDINAND
NANCY
VIOLENTLY IT IS? |
By Mik
I'M GOING
DON'T
GET A "SILLY » ONE
TRY TO IMPROVE YOUR MIND ---BUY AN EDUCATIONAL
TOY
I BOUGHT A - BALLOON
WHAT'S ÉDUCATIONAL
ABOUT THAT?
By Ernie Bushmiller
-ERNIC
BUSHMILLER
T
TO BÜY
A TOY
The Eisenhower Administra- tion economic experis are con- vinced that it is in Japan's self- interest to encourage a greater flow ог dollars into basir indus- wries. They feel
feel that the Japan- ese investment laws are much too strict and that they are im- peding industrial growth.
The reluctance of the Japanese- Cove vestment policy is re- to adopt 4 mort
here garded
as a gap in the blueprint for rebuilding Japan into a prosperous nation and a major bulwark against
Com- munism in the Far East
BLUEPRINT INCLUDES This blueprint includes: Continued United States spend-
liberal
For the SOUTH CHINA ing through the offshore prácure?" MORNING POST and thement programme in Japan,
CHINA MAIL, 48 hours
2. Indirect economic niti.
exports,
before date of publication. 3. Tariff cuts. on Japanese
Specia! Announcements and Classified Advertise- ments as usual.
4. And under fiscal and economic policies on the part of the Japanese Government itself; The reason for the present policy- Japan's fear that foreign interests might other-
try is not considered here to be valid because it is believed appropriate safeguards can be taken without keeping dollar capital away.
SOAPY WATER wise capture control of indus-
IS GOOD FOR PLANTS:
USE BATH SURPLUS.
IN THE
GARDEN.
WATER IS PRECIOUS
“Anxious to see Japan towards Bell" hay
-move
Washington is waiting with
keen interest for the reaction of the Government to proposals by about six United States com: pantes to invest a total of $5- 000,000 in various Japanese' in- dustries-Reuter,
JOHNNY HAZARD
HERE IS THE WINE ¡YOUR EMPLOYER {ORDERED! THE BILL
COMES TO TEN THOUSAND
FRANCS!
112429 LE
IN THE PANTRY OF TWITCH'S HOUSE, A P DELIVERY IS MADE
WAIT HERE
YOU WILL BE PADA
· FOR YOUR INPERIOA INERCHANDISE AS
WASN'T, HARD GETTING IN HERE. „BUT I CAN'T KEEP AN EYE ON › JOHNNY DRESSED THIS WAY! WHAT- CAN'T USE AS A QUICK DIANGE...?
P.PP
By Frank Robbins
taurants.
TALK
ABOUT
MAGIC!
Have you seen
Admiral
| AIR CONDITIONERS
AND REFRIGERATORS
ןאן
*THE JAM THAT MADE TASMANIA FAMOUS →
BLACK MAGIC
ASSORTED!
CHOCOLATES
„this situation
calls for
Kan Miguel
to have shared their meal and
de
For instance,
drink with their guests.
Small exceptions
are made. East Berliners may Invite. Western friends to a of
cup of coffee er one glass brandy. But if they order bottle of wine the manager bas to be consulted.
the
Waiters at
Johannishof toki Western reporters That ince the "mark for mark" re- gulation
'came into effect, they had not sold a single portion of Russian cavlare, which rasts 1480 marks for 50 grammest (slightly less than two ounces), and no bottles of the heavy, sweetish, champagne from, the Crimsa
The new rule has deprived one West Berlin newspaper, the
Tlegraf" of a datiy feature. It used to send reporters to the H.O. restaurants and
printed
a column of licence numbers of West Berlin cars found parked there. West Berliners buying in East Berlin are considered un- patriotic.
TOO SCARCE
The belief that the new regulation was caused by food shortage is supported
East German by
refurees,
who say that foodstuffs - in East Germany were
scarce this Christanas
More
than
Last Hardly any butter.
tara, almonds, or chocolate were available, they state, Fish, poultry and
coffee were also scarce.
East German newspapers, during the autumn, constantly urged the population to
help
wilt the harvest. Clerky, house- wives, and school children were crdered out on this work. There were numérouS purges hi ad- ministrative departments of
"de ficiencies" in farm supplies.
The chronic shortage of in- dustry and consumer goods long ago caused the East German authorities to forbld the sale of such goods to West Berliners for anything but Western currency.
China Mail Special.
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MONDAY, MARCH 2
P.I
Thailand,
Malaya, " Indonesia, India Middle East, Africa, Greit Bettal & Zurope, 6 p.m.
By Burface da
Maono. 6 p.ZA
TUESDAY, MARCH 29-
By
Pakistan, France, § -sim. Philippines, 11:0.mp Fortrols, 12 .m. "Japan, Hawail · Noon,
·M.. 'Borneo, Australia. Bland, 2 pm.
Eron, & p
New Zea
Formers, Japan, Okinawa, ts & Canada,1 3,
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