1956-12-21 — Page 4

Page

Page: 4

What's best in

Kowloon?

THE CHINA MAIL FRIDAY, DECEMBER 21, 1956.

Epitaph to a Tragedy...

U.N.O.

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MILLIONAIRES ARE NOT A DYING SPECIES

-Says the super-millionaire who is being tipped as the next US Ambassador to Britain

"T

New York, Whitney is a burly, ruddy- who looks a decade HE era when the faced man

supermen of younger than his 51 years. He WOTO д loose-ntting sporly- Europe could check sult and had something air of a gentleman govern the whole world is of the

despite h strong coming pretty close to the boxer,

spectacles. end." The words are those of Mr Louis St Laurent, the 74-year-old Prime Minister

In his youth he had been a fla heavyweight, promising

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schoolboy habit of doing his

is the thought of two out homework on the way to class

of three New Yorkers have met in the last fort. night.

And so today I managed

to interview the highest type

man,

of American the elusive

millionaire,

John Whitney, who is tipped to be the next bassador to Britain.

I in the family Rolls.

Derogatory

I usked him whether ht would agree with the popular description of himself as super-

and He got up Anglophile. super- shook himself like a shaggy Hay dog which has just emerged widely from the water,

am-

"Jock" Whitney has a per- must be sonul fortune which around $60,000,000. ("It would be pesky of me to quibble over a few millions one way or the other.")

He has two private airplanes, two Chryslers for himself, and two Cadillacs for his wife, two private offices in Fifth Avenue, even two swimming pools (one indoors and one outdoors) at Long his palatial house Island.

Presumably because millionaires must

10

even

economise

By ALAN BRIEN

P

plan

HUNGARY

MEDAL

At a time of crisis in Britain's fuel future...

A SPECIAL INTERVIEW WITH SIR EDWIN PLOWDEN

BRITAIN'S

POWER TO BE

OWER from the atom

will be saving Britain fuel worth up to £60,000,000 year

ATOMIC PLAN IS DOUBLED

THE INTERVIEW WAS GIVEN TO CHAPMAN PINCHER

crisis created by the Suez situa. power stations of much higher tion, but Suez should have an efficiency. immediate impact power" Sir Edwin said,

on atomic Nobody wants a Crichel Down episode, but Britain's magnif- cent lead could be lost through delays like the Winfrith inquiry, What are tho prospects of atomic power to replace oil in ships and petrol in aircraft?

Str Extwin said:-

"Harwell

and

the

naval and merchant,'

ship.

"The naval project is well advanced because

or dio, and exports depend on power."

of

How about the export atomic power plants themselves? Home requirements are likely he pressing for the next five

years,

The most probable immediato markets for big power plants of the Calder Hall type are the few industrialled nations short of power such as Japan, and West Germany.

"There will be an undoubted demand for smaller atomio. plants from other countries later and we hope to get a good share of

orders," Sir these Edwin said.

THE LEAD

this conclusion:-~

One benefit which his-

by 1965 Lie substantial think the "I

word has a contribution to the import slightly derogatory undertone. I love England.

I have many export gap which threatens friends there, I've got a family our survival. These annual there. And I went to Oxford savings should soar to at

"Far from slowing down the for a

while though not for

least £400 million after a atomic power plans, the present But Anglophile

financial crisis should speed long enough. suggests that you put another further 10 years,

them up. In this sense Suez Advances in atomics have country before your own.

"I

am neither on Auglophila been so rapid in the last few provides us with a stimulus,

"Oll and imported coal aro the months that the Government's Anglophobe and nor an latter, I'm sure, died with such | 10-year plan to go nap on atomic

go up in price, по characters as the

isolationist power-ecretdered extremely likely to Big Bill Thompson of Chico hopelessly outdated.

to." bold only a year ago-has been

atomic power, which is bound builders are prossing ahead with Whitney had been described

of atomio mo as "a millionaire who

It on at least

seems certain that this to come down in price, should the development

be doubled

FTER my talk with this was bom with the lump of

attractive reactors for ship propulsion both A brilliant man I came to conscience," Several and possibly almost trebled. become increasingly social

I make these exciting fore- years ago he insisted on being

following casts

an exclusive commercially. removed from New York's social

Sir with

Edwin register, becaure, 45 he says: interview

"Britain is leading the world "If you are willing to go along Plowden, the 49-year.old chief

Industrial Re Au in the Second travesty

Energy of of the

volution na

she led it in the democracy you tacitly sub-thority.

first, and we must keep that Though

WDS scribe to its absurd notions as

lead." igures. who is and who is not socially guarded about actual

our conversation made it clear somewhere, he has only

one scoeptable.

critical леса the

for yacht.

I asked him how he recon- that

created by the Suez Whitney is the man with the clled this with his affection for econoray golden fingers. Everything he his friends in the upper crust situation will not weaken

into 22 carat. of English society,

Government's determination to touches turns

the demands of the Ser- bus

than for ships.. AWAY inherited Cushioned by his

the press ahead with the develop-vices for atomic weapons are no furifier "My main objection: to wealth against the rugged edges social

longer limiting the effort which "Portable atonule power plants gave Britain a commanding register

salá ment of stomie electricity. here," of the world, he has plunged Whitney, "Is that it is private danger in which Brinin stands atomic power.

Indeed by spotlighting the the Government is putting into for the Services will also save into some

me of the riskiest fields enterprise which

stratines of Investment and emerged society for pront. In Britain, by being so dependent on im-

Brilain will go on making Suez has given with his bank balance bulging, os 1 understand it, society is ported fuels.

added significance to the atomic lead accured by the successful atomic weapons, including H. industry,

and operation of the world's atom-powered station at Calder bombs, but the materials

money needed for this work will Hall, Cumberland,

nos alleet the power Fro-

with

such

friend put it, based on a stud book. And yet, a3 1 Whitney

has

"an emotional

"Either you're in it or you need to be useful," A sixth of aren't. And everyone under- 18.00 his fortune has been locked in stands the rules that are 25.00

two settlements.

accepted in what is called the Jolus Hay Whitney society.” 8.50 25.00 under-privileges), the hantil 35.00 capped, and the victims of social

prejudice. The second,

Chiot exists to help the

pono

Handicap

Atomic

Sir Edwin

UNLIMITED.

H-BOMBS

performance

is more important than cost. torians are likely to credit Merchant ships will have to wait on technical developments to the Suez intervention, to reduce the capling costs which

now

many

would be ma of all-fired ships.

times those will be that it boosted the

! "Several aircraft arms

of atomic are development dng on atomie propulsion,

theIR EDWIN reassured me that a commercial success to even power so strongly that'. ft:

first

"gramme.

THE three alomie stations soon Whitney is busy now mainly to be built by the Central gèlentists and technicians.

Neither should the shortage of Sir 7.50 | Whitney and Co, was formed with his foundation, his invest Electricity Authority will gen- Edwin is confident that arms 7.50 to provide capital for venture ment company, he sport and crate up to 300,000 kilowatts of are so alert to the mormous

that are too unorthodox to his poilties. MAY

personal power-compared with the Mattract ordinary Ananciers. 5.00 They range from a new way variety of stocks and don't mous coal-fuelled Battersea branches of industry Father than money is spread over a wide 500,000 produced by the chor possibles of atomic power that they will starve other making bricks to a miracle

over the tapes to sco euro, for nCTIO.

hout up

this development. how double the output hol aye whether I'm up or down power station. Both organisations have

the offors on the 32nd floor gravitational their

pull of high originally planned.

DELAYS of the native International taxatie is Inczorable" today 3.00 Building on Fifth Avenue, Here but he is confidant that the 1.50 Ipated down long, softy millionaire.... I not ddying

carpeted corridors, through species.ne

10.00.

4.50

.1,00 :

1.50 discreetly-lit, deep-armchaired

30. founges

www possible, that it owners of

It was like a conducted tour inherited wealth employ it for 330 of an air-conditiones, hive, some socially/areful, purpose

80 Pretir warp-walstod secretarios" the trend may even decelera. 5.00 tiptoed back and forth at the bendyan

crofonds. Bee-shouldered Whitey h exécutivés árt hunched at their elected «plies in

heir open-doored nowra

SOUTH CHINA morning post, LTD.

in their

Further, the mumber of sla THE factor

factor most likely to hold

up progress is difficulty over saltem for the power station "Rigs The 'project to build an about. power plant at 'Hunterion, in Avrilire, 15 delayed because local objections; have forcoda

oll, but these tod are far ahead. lead in the Second Indus»

The major effort must be in developing atomic electricity for trial Revolution,

Britain must export

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