1956-10-12 — Page 8

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CHINA MAIL

HONGKONG PUBLISHED DAILY (AFTERNOONS)

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ADITIONAL INSERTIONS

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"

THE CHINA MAIL, FRÍDAY, OCTOBER

Worried About

Libyans

Succession

KING IDRIS

HAS NO HEIR

Tripoli, Libya, Oct. 11.

Libyans are worried lest the unity between the monarchy and the federal Government which has set Libya on the road to constitutional, democratic govern- ment, be broken by dissension over the succession to the throne if King Idris should die.

Punhờ t-year-old Kong, wan

Deported for

provinces, rạch of which in re- A fados, prescisted by eight members. Its ife has the Lower House #f Parlia- MAN by either of his two wasex, ment representation is propor- Fatin tundi Aleyn. and

not exceeding 25 worch, 25 health, has no her cents each additional word.

ALTERNATE INSERTIONS.

10 EXTRA

If not prepaid a booking tre

of 50 ponte in charged.

SOMETHING

STAMPS

born packe

nately

EXCLUSIVE,

بان

SHANJINN

Crider.

From curta pie trucket ages 771 AA

South

ther, En Mohanimed

Mandi Sentuel, wh

Jem, divel fast year

have a ty

granted a Regency Council Take office when he dies

anton). 35 members for Tripoli, tide, 15 for Cyrenaten and five for the

Fezzon.

however.

there to be anyone,

At present, does not appear

they

inside }" crutide 111 Semua seet. who commands sufficient respeel throughout the

name of tls rembes, containeree provinces to become King

Try

in

the ovent of the tenth King Idris.

Lumours

th

10

in xesdex felters deposited the King with Parlament Government, are secret Hut is

Prim Chian Morning Post for. Wyrobiony thought that the present

Minister and Puncisan

Minis Mustapha Ben Hate

Street. Hongkong

Hond. Kom lekasi.

STAMI

#de

AL MIS

*

די

Corden Ta Portla Mitta

KW LEMPTY

ow

avalin Strening

194. Wyndhan Street

1

NOTICE

BANK HOLIDAY

kely to be one of them

Senussi See!

1 Dy

which Adri duet, are pre lik is to be sell

entertame Cobeervers here sy, Devause they walled ofruest certainly result a Jubernat discusion The Serusso,

| stmuch opponents of Muslim's

colonial regime here,

are part

And repeated

heir in ght soon be horn

or other of The King's wives have hitherlo proved groundless, If their is bort, before the King dies, some observers here think that the Regency Council might decube' to recommend to Parhainent that the Constitution

and Lilyn be amendeci chained a Republic

Pave Way

pro

Some Labyans. 10. belleve that the renetton In an unpo-

of the Sept Sect of Islam, wf cpular monarchy might well pave chief centre has Crea

VIKT

|

always

Layn' ..

the way for comununiam Jund that it would be better to have a Republie which could transform the nation into a socul demo- undercracy. These argue that such Halians transilkın

Two Premiers At No 10

Prince Sorvating Photma, Prime Minister of Laon, who arrived in Britain last week for a two-day private visit, is pictured shaking hands with the Prime Minister, Sir Anthony F.den. at 10 Downing Street, where the two premiers conferred.-Express Photo,

NO NEW STATUS FOR ALGERIA

a new

AT PRESENT

FREE HAND

Informed

sources

Paris, Oct. 11. publish a "now deal" statute for M. Robert

Lacoste, Algeria now or lutor. French Resident Minister in Algeria, told a Socialist

saki M Party brains-trust meeting Lacoste naisted that the French today that offering Algeria ¦ would not have a free hand in as the Suez status now would Algeria as long

Cunal crisis continued. merely be giving in to the

Fellow party members argued rebels there.

on the contrary that with the United Nations General Assem- bly about to meet France musi either come up with a detailed plan for Algeria or risk facing another UN attempt to debate Algeria

of France walked General Assembly a year ago when it voted to debate Algeria. M. Mollet does not want France to be forced into this corner otam-United Press.

M Lacusko and his chieu.

Pirmaer Cu Mollel. were among the 45 members of the pruly exvcutive comunstiteo-in- cluding 2 Deputies--meeting a Socalist hendquarters.

The Exchange Hanks will be vised for the transnetion of publie business on Monday, October, 1956. The The Madas in Ortober│.

Because of the Semu1:81.

M. Moiler would fortity demo- tpr Hongkong, 12th Detoder, 1956. | Idrus' leadership,

muncracy in the young nation and always tound Cyrenica.

than better enable her to remain in more dilleult to colonke the other two proviners, Tru- dependent-- China Mall Species,

NOTICE

THE

DOUGLAS STEAMSHIP COMPANY LIMITED

Notice To Shareholders

NOTICE

that

hereby given Ordinary Yearly Merting of Shareholders will be bell in the Registered Oflee of the Company, 5th flour, P. & O. Building, Hong Koog,

Saturday, 27th October, 1956, at 12 Noun,

1.

(1

for the following purposes?

To receive and consider the Statement of Ac- Balance Counts

Sheet and the Report of

Il tank and the Fezzon, war, indeed, finally forevet to go where he into exile in Egypt. remained until, durex World War 11. he (estrædeed. Gn Arah

thr! Force which Tought with Brih Eighth Army thurraghast. The desert campaign.

Idris resumed madural leader- sh of the Libyan prople wilin the condry's three provinces were under provisional All.ed administration after the wit the British being in Tripolitania and Cyrenaico and the French

the Pezzan

When Libya

an independen United Nations

was procaaned

stale by !

Christmas

012

Eve, 1951, Idret was proclamed! rule of the United Kingdom

The Libyan nation, welay Federad Government and two

an Benghazi | ital, Tripoli

the Gencrui Managers | King Idris and the Government

move periodically from one The other

and Auditors thereon.

2. To declare a dividend.

To elect Members of the Consulting Committee.

4. To appoint Auditors and

fix their remuneration.

b. To transact any other ordinary business of the Company

NOTICE is

hereby given that the Transfer Books of the Company will be closerl from Friday, 12th October to Saturday, 27th October, 1958, both days inclusive.

By Order of the Members of the Consulting Conumite Per Pro DOUGLAS LAPRAIK & Co., General Managers. Hongkong, 12th October, 1956,

To ADVERTISERS

BUNDAY POST-HERALD Busos for commerofal advertising should

booked not Inter than

noon on Wednesdayı.

Proud

しい

bataş tutus, in spite et sambal att Jere proud provincia! rivalries. of their sovereign because of his comprising Aght throughout the years of Hallan colonialism. i When be returned recently after a state visit to Turkey and the Lebane, mining throngs greet-

him both at Tubrak, WİTCRA, the myal yachi Arst called, and later in Tripoll.

The King has been careful not to offend provincial Jealousies. and the Governors of each t the three provinces have a large

antememy. Membership of the Seite is confulty designed to fter this feeling of equality among

the

BOAC Major: Airline Shareholder

Kuala Lumpur, Oct. 11. The British Overseas Air- ways Corporation is to be a

For the BOUTH CHINA | major shareholder in a new

CHINA MAIL, 48 hours

MORNING POST and the Malayan airways company before data of publication, to be formed next year, the Minister for Transport, Mr

Spcoin! Announcements |Ong Yoke Lin, said today,

and OlazelRad Advertion – mento an amunt

»Bayer's « TONIC

Be said the company, would be a public company.

At present Malayan Airways Ltd is a private company.

The Strails Steamship Com-/

1.500.000 Lui hoid

dollars of the Issure of 2,000,000 Malayan

pany

Malayan

capital dollare.

Mr Ong eald a Malayan Gov- zment representative would sit on the board of directors of the new company which would be formed early next year,

Me: Ong said that the advin. Lages of having. BOAC

major: parUsipont were that Je, hnd facilites for training and therefore could absorb Malayam,

1

habitually centers with this group before taking any major decision. This time was whether to the question

MANDRAKE THE MAGICIAN

I CAN SEE HEAR--THINK --BUT I CAN'T

MOVE--OR SPEAK

YES

HIM TO MASTER.

TAKE

THE

NEXT

ROOM

FERD'NAND

NANCY

JOHNNY

WHY DOES THE FATHER

CALL HIS SON MASTER?

-HE CARRIES ME ~~AS IF I WEIGHED NOTHING-

PEE WEE --- LOOK HOW

CLOSE

THE

STARS ARE

AT THE

SEASHORE

BUSHMILLER.

HAZARD

**AND STAY AWAY! TELL FALCON AIRCRAFT THAT KITTY HAWKES FLIES SECOND

STRING TO NO ONE

HEY--- WHY

ARE

YOU RUNNING ?

out

MANDRAKE WAS RIGHT, THE JONES FAMILY 15 A BIT OOD

PUT HIM

ON THE

COUCH.

?

YES. MASTER.

THERE'S YOUR STORY, Z BUY. IT GINGERI HARRYJ"KITTY BREAKS AND SO WILL THE (WITH BOSS A FLY-BOY } PUBLICĮ THEY JUST

·TAKES FLIER!” A LOVE KITTYĮ SP

the

Quake Recorded

U.S. OWNS LARGEST AMOUNT OF GOLD IN WORLD

Washington, Oct. 11.

A warning that although the United States holds the largest amount of gold of anyone in the world, it actually owns some four billion dollars' worth too little to back its currenty and bank deposits, is given by Walter Trohan, chief of the Washington Bureau of the Chicago Tribune.

In a recent article issued by the Chicago Tribune Press Ser- vice, Mr Trohan wrote:

"For many years Americans have taken much comfort from the greatest Trenure-trove in the world the gold buried at For

Knox, Kentucky, Most Americans fed that the gold is a reserve for our money. They feel our money is safe because of all the gold reserve in the fort.

site of the 'Undled Stules mill- tary academy."

"It is easier for a camel to pass through a needle's eye than for a visitor to get to see this +

Hold,

gold

If one could get in, would take two or three years to make an accurate count OT the gold. There is enough there to build a house rooms, each mensuring by 20 feat and having high ceilings.

of ten 10 foot

30 feet

Q

EUROPEAN OWNED

GLOOMY FOREST

"Actually, must of the gold in "The repository is act in European owned. Others Fations gloomy forest. high above the hold claims against the bulk of Ohio River in Kentucky's hills, our gold Foreigners and foreign | It is an easy mark for a bomber, governments are not prohibited | but experts hold that the re from asking for, receiving and pository

that is bombproof; owning our gold instead of our

even atomic bombu could hardly currency.

disturb the gold mass. "Americans eleme cannot own American goldi. This one of

"The gold is also prood against theft. Even if a thiet could cir- the biggest nows stories of our

and We are not conscious

the of cumvent the guards The story because It has been i mechanical devices and reach the be up against developing front of our eyes gold, he would without any drumatic climax, the problem of carting the

that away and disposing of it

day.

even

che Fees

though we know ercoping innation has been deve luping for many years.

"The greater part of the gold old is hidden from view. from the Pasadena, Oct. 11. California institule of outside is the smaller part Technology reismograph today the structure, Far beneath the surface, guurded by many de- recorded an earth tremor, which It located at about 4.500 miles tection devices as well as northwen of Pasadena.---France-men, is the massive gold vault. 84 feet long, 40 feet wide, and two stories high,

The

Prusso.

U

Nu.

by

"At this moment, the vault contains 12 billion, 843 million Paris. Oct. 11.

dolltus is gold. The total Chairman

the of

American gold holdings are 21 Burmese

Anti-Fascist People's billion, 8291⁄2

milion dollars. Madame Some billion dollars Dro Freedan Longue and U Nu will visit China on Octo- | scattered at various banks und ber 22 ut the invitation of mints. In addition, the United Chin Proznia Chou En-lal, States Governmen has billions Rallo Peking reported tonight.of deliars of silver. much of it France-Presse.

nored in vautis at West Point,

By Lee Falk and Phil Davis

WATCH

AT THE WINDOW

FOR THE OTHER

ONE.

By Ernie Bushmiller

THEY'RE SO CLOSE THEY'RE STARTING TO FALL

ITILL MAKE |HEADLINES; KIT. 1BUT HOW DORS IT

HELF! YOU FIND OUT. IF AVIATECH CORP. Í 19.BEHIND THAT

BABOTAGET

YES,

MASTER

By Mik

By Frank Robbins

MY NAME IS GOOD PUBLICITY FOR ANYONE.. WHO HURES MBL I EXPECT AVIATECH ITO CONTACT ME! AND THEN I'M INFIDEL

EVEN

MAGICIANS

Cante arlsberg

TRY

If we were

any fresher we'd still be

on the vine!

Libby's

FROZEN STRAWBERRIES

TODAY

he got it. At 35 dollate an ounce, 100 lb of gold would be worth 60,000 dollars and a man would have diffexity in running away with auch » burden,

But our concern in with the ownership of the gold, the 21 billion, 800 od milion dollars worth in the United States, Foreigners and foreign nations hol

cinitas against the gold totaling 13.8 billion dollars. That caves about 8 billion dollars available for American needs as a gold reserve.

To back its currency and bunk deposits, the United States would have to have Q gold reserve of 12 billion dollars. | The total foreign assets in the 24 United States are between and 26 billion dollars. This does not include any real estate that foreign people may own here.

ABOUT HALF

"Not all of this could be ro- deemed in gold. Only about half of it could be demanded in gold payment. There is some 5 to 10 billion dolare in American our- rency owned abroad. Foreigners

have and foreign government's credit balanons dn American banks of about 12 billion dollars 4 bilion and they own about dollars in American securities.

"Foreigners or foreign ROV- crnments can ask for and ecive payment in gold for #t Lenst 13 billon 800 million dollare of their total, invest- ments. American eltizens aro not legnily abla to make the same demand).

to

coina,

"On March 9, 1933, President Roosevelt andered the seizure of all gold and ordered citizens surrerater thekr gold. bullion, and notes to the tron- SUNZA, The government declared it no longer had to redeem ita debts in gold. It was made a penitentiary offense to own golá coin, except in coin collections. It still today..

to 59

"President Roosevelt arbitrarily devalued the American dollar

conta. It has droppe steadily in purchasing power so that today the dollar is regard. ed as having half of its 59 cente purchasing power.

PROTEST

"Tho treasury has exercise absolute and arbitrary power over the production, disposition; and holding of American _gold for more than 23 years. Some BIGUO that this control is ព direct violation of personal owtri

ROWNTREES ership of private property. Thous

CHOCOLATE WITH ALMONDS

21. AND RAISINS

.this situation

calls

* for

San Miguel

who defend the fall into two compt

"Some approve restoration of the gold standard, but profest It cannot be dono now. Others contend that a return to the gold standard can only seeTVO gold mining interests and Infla- tonists."China Mall Special.

GERMAN STEEL FOR JAPAN

Dusseldorf, Oct. 11. West Germany is to export atcel to Japan, fo view of tha growing demand for steel which cannot be met by Japanoes home the Durscidolf production, newspaper Handelsblat statki

tonight.

The Schlecker steel moi has concluded as agizemeist für the delivery of 20,000) toti laminated, steal in: sheet, motal, steel strips and cons

(stoel-worki

market price

will bo delivered Japers before the end of 1936,

Germany

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