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LATE FINAL
CHINA MAIL
No. 37525
Established 1845
FRIDAY, NOVEMBER 27, 1959.
Price 20 Cents
PAN AM
JET CLIPPER CARGO
PASTAST DELIVERY
TO LEADING MARKETS
OF THE WORLD
COMMONS DEBATE ON RADCLIFFE COMMITTEE MONETARY SYSTEM REPORT
Of The CHANGES IN UK BANK RATE
Day
No Assurance
KASSEM'S
FUTURE
NENERAL Kassem of Iraq | T has had a long spell in hospital-so long that if photographs of him in pyjamas, und personal interviews by Western cor
dents had not been i
prople could have
been excused for believing Cairo
On Part-Time
Directors
London, Nov. 26.
·ro-
The Chancellor of the Exchequer, Mr
Derek Heathcoat-Amory, today fused to give an assurance that the part-time directors of the Bank of England would not be informed of a change in the Bank Rate before it was made.
the
Radio that he Was dead. The latest report suggests he will be cut by i the weekend. And if! medical treatment has been
all this time, ili necessary
that the seems
ASRAssin's
debate, Opening He indicated that in excep iBets caused very much tional circumstances they would Chancellor
said more serious injury than po
port suggested that all future Bagdad Radio originally In a debate in the House of decision to raise or lower Bank made in the Commons on the Radcliffe Com- Rate should be mittes report on the working of name of the Chancellor and on Or else the General has been cellor told Mr Douglas Jay, one
the monetary system, the Chan-is authority.
For many spirited away because
been made of Labour's financial spokesmen, und continuing threats to the practice he was laying down Chancellor's approvel and
that fact being life, and the story of his was for all normal circum-agreed with
slow-to-mend shouller stances.
made perfectly clear but he dis-
stated,
of
his
wound is being put out as a smoke screen. We suggested soon after the shooting in October that his days Premier
numbered were and that it would not be
to long before he ceased wield effective power. is an impression which persists,
This
years no
change
without the
he
and
But there might have to be agreed with the use of a statu-
direction for each exceptional procedures in exceptory tional events, he added.
every change.
Not Normally
Governor
Procedure
The arrangements
which he
Mr Heathcoat-Amory said the
of the Bank had agreed with the Governor of would be free to consult with the Bank of England would be the Committee of the Treasury but would not normally consult them on a slight change or the tinding of 14.
QUIE · soquence of events or the Conri
The Governor would not notify the Committee of Treasury
of of Directors of proposal he to the Chancellor about the 'Bank Rate until the
hard to predict. A show had axide
trial of the alleged meeting of the Court im- ansassina hus been promediately before mised. And it has been said announcmest.
that General Kassem willi
make a triumphant motor
tour through Bagdad.
what the world and
But the
people of Iraq are wonder- ing is what has happened during Kassem's absence in hospital-who has held the reins uf
government? Bagdad today is a silent city and the truth is hard to establish. But it will not be surprising if General Kassem returns as a figure head, shorn of much of his former powers. He ny be known as Iraq's Neguib, the man who held the Egypt together after abdication of Farouk and
yet
the coming of Nasser.
In the next few weeks world concern will be focussed on
Since the Iraq. nsanasination attempt October, others have
first in been
made and while tighter security precautions have undoubtedly been taken, the may well be walting for
11
more
the public
Liz Taylor
Has Double
Pneumonia
New York, Nov. 27. Actress Elizabeth Taylor was
favourable opportunity to taken to a hospital here today
double peu
A hospital spokestnan
of
on the following lines:
The Court of Directors bad delegated to the Governor starking
settle authority to changes in the Bank Ante with the Chancellor;
The Governor would be free to discuss the matter with the Committee of the Treasury and with other part-time directors but would not put spezie proposals be- form them;
Д
B
• When following the cus- lomary Informal discussions between the Governor and the Chancellor change WILE agreed to be desirable, the Governor would nake formal written proposal to the Chancellor on the day before the change was to be minde and the Chancellor would convey his formal approval
In writing the same day;
• On the day of the
change the Governor would
Crashing Plane Hits Houses
Smoke drifts from the still smouldering wreckage of a Trans World Alelines Constellation carro plase (foreground)_as firemen probe the Tutor of houses' (Buckerbund) after the plane crashed at the edge of Midway” “Alfdört, Chicago on Tuesday morning wiriking, a row of dwellings. Eleven people, including the crew of three, were killed.—Associated Presz
D-Day Decision
One Of World's
Greatest Orders
London, Nov. 26.
report his action to the Court Earl Louis Mountbatten, Chief of the
Mr
Final Decision
Heathcoat-Amory said
the final decision will be made
In the rame of the Bank and announced forthwith
the In usunl way. The Bank will make a formal announcement
to the Press including a state- inent that the Bank's decisions Chancellor's appro-
have the
va).
Defence Staff and one of Britain's top military leaders during World War II, tonight praised General Eisenhower as "a great commander," Speaking
as chief guest al; like to quote with new fervour the American Thanksgiving Day that old slogan: 1 Like Ike'" dinner, here, he recalled" his
He was speaking at the dinner wartime associations
given by the American Society further General Elsenhower.
in London
at the Dorchester
with
ON TRIAL IN
Until such time change in the Bank Rate is to Lord Mountballen said the Hotel-Reuter. be made the Governor will re-way General Eisenhower looked port to the Court at their at plans, runediately grasped normal weekly meetings that the essentials, picked ou the no change is to be made and difficulties, asked questions and that decision will be announced then cave clear-art decisions, forthwith in the same manner
an absolute was
example of as when a change is made,
how a great commander should The Chancellor also referred set about dealing with officers to part-time directors of the
who were working for him. Bank of England.
(The Radcliffe Committee had
strike. If ever they succeed, suffering from civil strife on a large and monia bloody scale is certain Fuld she was in good condition. said that us the part-time Nusser's followers and the Her husband, singer Eddie directors to the Bank would Communists battle for the Fisher, accompanied her to not need advance knowledge
Harkness Pavilion succession,
the of changes in the Bank Rate, Columbia-Presbyterian Medical They would be spared the embarrassments which were a first announced feature of the official inquiry that Miss Taylor had bronchitis, then later changed the diagnosis.
UPI.
THE
TH
dungerous position which General Kassem finds himself in today might evoke more sympathy from the West if he were not associated with the mur-) Onl derers of King Feisul. the other hand, an inde- pendent and politically and economically stable Iraq ie clearly essential if the balance
in of power
the Middle East is to be pre- served.
Tho
Cintre at 2.30 p.m.
The hospital
Epstein
Statue
Approved
London, Nov. 20.
Terribly Alone
Of D-dar. Lord Mount- batten said that at that mo- ment, Eisenhower must have been terribly alone.
CUBA COURT
ол
Pinar Del Rio, Cuba, Nov. 20.
An Army prosecutor Thursday asked a military court for a 30-year gaol sentence for Peter John Lambton,' a British- born American of Nassau, the Bahamas.
the
Bomb Found Mine Disaster
In Shell Co.
Installation
Milan, Nov. 28.
was
·
•
A cleverly-balll · home. made bomb
found
two Thursday between. huge Shell Company petrol reservoirs, where an explo- sion, said police_experis, could have wiped out whole Milan suburb.
hotra later A few smaller bomb was found the roof of a Milan Shell service station..
A bombing scare spread through Milan,
All pro- perties of the American- controlled Italian Shell ou Company were searched by special pollov squade.
on
Neither police nor shell officials had atly explana- tion why the boimbs might have been placed there. Police experia said the big. fron eneased 'TNT bomb found between the reser- volts "was the work of a man who knew
how build a bomb."---AP.
ما
Dirty Strike
AFF.
In Hungary
Smuggling
Charges
Taipei, Nov. 26. The Taipei District Court on Thursday in dicted 18 persons on charges of smuggling gooda worth an estimated U.S.$25,000 into Formosa from Hongkong in the past 12 months,
Ching Lung - chuan and the others concern- ed were sald to have smuggled watches, woollen cloth and pharmaceutical pro- ducts. AP.
Japanese-U.S. Oil Company For Colony
Tokyo, Nov. 26. Japanese and United States oil companies are plan- ning to establish a joint oil trading firm in Hong- attempt to kong in an capture. Southeast Asian learned markets, it was today.
The Maruzen Oll Company, a Japanese vil refinery, said the company would set up a new oil treding company in Hongkong with a capital of HK$8 million jointly with the Union Of Com- pany of the United States.
ESTIMATED SALES
The new irm in Hongkong would be called "The Unimar Oil Company which was almed at supplying kerosene, petrol and heavy oil to Okinawa, the Formosa, the Philippines, and company said.
proved
The new company's capital would be shared equally by Budapest, Nov. 26. The two companies. The pro
expected to
bo ap- Thirty-one coal miners dindiect was
the by:
Japanese on Wednesday night in Government shortly. ane of Hungary's worst pit The company said it disasters, the Government estimated sales announced on Thursday.
They burned to death or cholted on fumes as fire swept the Szuest
Hungary.
shift
pit in northeast
workers
were
WILE+ new
of the company in the first year (1900) would value US$2.992,000, which might increase in 1984
Mall to US$6,271,000,- China Special
A spokesman for Union Oll Company in Hongkong, sald this The Government sald 144 morning that the two companies
al
present night
preparing were
of Association which quickly brought up to safety by Articles
would be be expected
filed re-fighters and rescue squads within the
10 next week or from nearby pits.
days,
He would say nothing of
until then
There was no indication how the fire storied,
An investigation comunission headed by Deputy Premier An- tal Apro has been appointed by the Hungarian Cabinet, the radio said:
..
Bay
Radio Budapest did not how many miners were injured.
AP
NEW SYSTEM
Portsmouth, Nov, 20. Municipal offelai Alex Kin-
near reported; yesterday that | local hoodlums" - had stopped
dows on local buildings.
mpore
Floods, Landslides
Kill 15 In Italy
Taranto, Nov. 26. Fifteen people were report-.
ed dead tonight in the wake of a 48-hour cloud- burst in the “toe” of Italy which started floods and Landslides, blocked roads
and swamped many acres. of land.
Meteorologists reported
that
smashing. large piate glass win-nearly 10 inches of rain. Tell on the provinces of Lavonin ani They now earefully remove Calabria during the storm- equal to about one-third of the 12-month averago for this re- gion--Beuter.
the pulty from around the win
sell it," Kinnear sald-UPI,
London, Nov. 20. "He gave the word to go and Lambton was on trial with 38 More than -one Thousand I believe that single order was- pilies on charges of conspiring dockers went on strike today one of the greatest orders any against
Revolutionery at the Clydrido dockyardi. in December, 1957, when a tri- one was
-ins called upon to give Goverment
Cuba, The They claim "dipty money for bunal found no justifica and history has shown how Prosecutor asked the depth the loading and unloading of tion for allegations ot
penalty for un right that decision was.
an American certain types of dirty cargo dows, take the glass away and Improper leakage concerning "Who else on the Allied side, accused in the casAP. the Bank Rate. The Committee or on the other side, could added that they, saw advantage in the Bank continuing to have part-time directors since they were not merely consultants bit also accepted a corporate respon. sibill for the formation of views.)
DS
possibly have done the job that General Elpenhower dud Supreme Allied Commander?
"President Elsenhower, with all the knowledge that a soldier has of the horrors of war, has embraced the ways of peace.
"He has said he is ready to ro anywhere at any time it he both the Government and the can help to promote a lasting
Responsibility
Heathcoal-Amary sald
Bank accepted the Committee's
and wonderful proce.
"How very fortunate for us to have as
general analysis of the respec- tive functions and responsibi- in our generation
a man of such statury and a In the formativa of the Bank's man, so wedded to the ways of feleral Mr Mac- monetary policy the peace, whose
JUDGE GIVES JURY 10 MINUTES
TO REACH A VERDICT
Nottingham, Nov. 20.
them any further.
presence of the UN' Emergency Forco in the
A statue of Princess Marily for the Governor and of the the loter our greatest ally A JUDGE with a traits to "t will leave this court in 16 Sinai Desert is meanwhile garet, completed by Sir Jacob part-time directors. contributing to the security Epstein shortly before his death. of the area and the wide in August, has been approved views on spread hope must be, in by the Princess and will be main responsibility must fall, un millan thinks likewise and is spite of the portents, that cast in bronze, It was announced it did. Call, on the Governor working closely in harmony Iraq and the Middle East today.
while the functions of part-time with him. Sir George Barnes, principal of directore must ber mainly • are left in peace. General Kassem, at any rate, would the North Staffordshire Univer- advisory.
sity College, of which Princess
be wise to avoid any pro- Margaret in Prodené, said the
The Chancellor agrood, it was to the Bank's advantage to have, vocative display of his own cast was commlesioned by the part-time directors not merely Invincibility. It requires no ¦ University in 1987 /end would as consultants, but as full" Amo doctor to tell him that he be ready for exhibition next members of the Court of Direc- would be asking for trouble, year.China Mail Special, tors Reuter,
Great Impact
"I believe that has inade - great - Linguet, nes mulyod ́ourselves, bai, surely on the
Humlans,
Lort, Mountbatten ended his should speech by mying:
n
and I am not entitled to ask, ; thefts worth £10,000--guilty. why in a case which la noi in- The judge heard brief evidence volved in the study of figured of the men's character -- and
postponed sentence unili, to.. day.
ur documents you requien this time. (They had then boch out two hours 30 minutes).
catch called the jury into minutes and if by that time you have not arrived at a con- court here and warned them they would be locked up for clusion you will be kept lock- edup bere all night and wa the night if they could not reach
will reame, when I get back verdiet" within · 19
tomorrow minutes,
morning at 11.45"Go back to your room. Use
your common metise and don' Seventy-one-year-old Mr Justice
worry yourselves with legal quibbles," Stable told the jury yester 'day: "I chave' disorganised my private arranigements out
of coralderation for you pretty colderably and
I
The jury of nine men and -: two
women a man had been row The jury fled out--and return
newshuffled uneasily sin' the
ed within four minutes with
They found three
He then rushed to Nottingham station by car just in time to catch a train" to London. He declined to tell reporters
what his important." engage mit was in the capital, but added: "It is nothing diare putable and I shall be back
Chice Mall Special.
lessed earlier because of ill-thair widget REAL An the morning at 10:30,720
box {'s the Judge talked,
am" not "going to disorganise. He went out !1 do not know
of being involved in television
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