THE CHINA MAIL, TUESDAY, MARCH, 72, 1961.
WEST GERMAN MOVE STIRS FAVOURABLE REACTION.
15-year-old youth
Common market partners gets 15 years jail for
won't revalue Passengers and
currencies
London, Mar. 6.
France, Italy and Belgium, the partners of West Germany and Holland in the European Common Market, today said that they would not revalue their currencies after the weekend
crew escape crashes
Seventy-four
and
i
Sao Paulo, Mar. 6. passengers crew narrowly escaped death today in mishaps to two air. lines which forced a shutdown
upward revaluation of the Deutchmark and the Dutch guil Troubled
der by about 4.75 per cent,
Two other neighbours of the Germans-Switzerland and Denmark-also'
denied that they planned parallel revaluations. The Danish Finance Minister, many would probably fall, in- Mr Kjeld Philip, told Reuter | creasing the scope for other ex- "there would be no reason to porters, the source added. consider revaluation unless Britain makes n move."
The Dutch Finance Minister, Professor Jello Zijlstra, today informed Parliament that the gulider is up-valued by 4.74 per cent, making a parity rule of 3.02 to the U.S. dollar.
He said the Netherlands had considérable surpluses on her current acount and the "struc- tural disequilibrium" would have become acute as a result of the parallel revaluation of the Deutchmark announced Lome 24 hours earlier,
TRADE
Reaction elsewhere to the Dutch and German currency moves included:
Parts: Finance Ministry denied reports sources
that France might revalue her tranc.
the
The sources forecast that new mark and guilder rate would help French foreign facultate a possible trade and cut in customs duties which. the government is studying.
The revalued Deutschmark was iraded below party the Paris bank market today. (The Dutch government had
ลา
against the dollar since Septem- ber 1957 at one stage in deal- Its on the London foreign ex- change market.
Bul the revaluation
of the mark and guilder, which should help the United Kingdom's ex- pert position, gave a boost to the London stock market.
In the busiest day for more than a year, shares of companies with export interest - such as electrical equipments, heavy engineering and motors were muchi
in demand, Vienna: The Finance Minis- Heillod-Setzer, ter. Dr Eduard forecast "
substantial baas!""
for Austria's economy following 1 suspended operations in guild- Gold prices dropped
ques
A Hagee soures told tioners that because of the im- portance of Dutel trade with West Germany, the Germ. economy woul have exerted an Intolerable "suelion" on that
the Netherla CI
the guilder had not been similarly revalued.
Professor
Zikira said The Dutch revaluation. like
West
ers). slightly.
Berne: A National Bank: spokesman sald Switzerland has "not the, alightest inten- tion" of revaluing her franc. "Rumours all over the world," he added, had caused "heavy haying of Swiss franes,"
town
Perth, WA, Mar. 6. Onslow, a coastal lown 880 miles north of here, is faced with a new crist-after three cyclones in Ave weeks, 40 inches of rain and 100 mph winds.
The town's water supply has falled, A pipe carrying water to the town burst at a point 10 miles from the towns,
The pipe is covered by 70- mile sheet of floodwater which
colates the town.
An attempt will be made by the Dutch and German moves divers to mend the pipe but He added in a newspaper inter- townspeople are not too hope- view:
"Austrip cannot and willful. Chico Mail Special. not follow such a step."
Canberra: The Acting Prime Minister, Mr John McEwen, who la also Trade Minister, welcomed the Deutschmark revaluation as a "modest but useful contribu- tion to the expansion of world trade. German
woolbuyers might
Brussels: A National Banit oftell said Belgium "eould not" revalue her trane at present even if she wished to, as there be able to compete a little more Gunny's was designed in "put is "ne parliament to approve strongly in Australia, his state- a brake" on the yeonomy. jol- the necessary legislation, pend-ment added.-Reuter. land's partners in the Beneluxing the general election due en
Tinion Belgien and Laixer="March 26, bourg - had been consulted.
One Hagtic banker old Reuter that Holland was now "completely
orientated to-
ward Germany" instead of her previous inelluation to the sterling bloc
ile thought London will be happy" about the revalued guilder because I would im. prove the position of Briti a exports to Europe. But he fore- Cast "a difficult pound" in Holland.
me for the
IMPORTS
West German
Mr
The Finance Minister. Fran Van Houtte, said the 195 valued Deutchmak would favour Belgium, In a state- ment, he cdded that, unlike West Germany, Belgium eould not allow her exports to fall t present,
EQUILIBRIUM
The Common
executive commission.
Market's said in that it
& cermunique tonight welcomed the revaluations menstires "contributing to the internal stability of these member-countries and to the restoration of world monetary losses
equilibrium." revaluation
Roine:
An authoritative source sald reports that Italy is. considering a revaluation
shipbuilders will ask for a government sub- sidy to compensate for sustained through and to regain their competitive capacity, the eccronsic news agency, V.W.D. reported.
In Copenhagen a Chamber of Commerce
source ecommented that Danish imports from Ger-
the lire are unfounded.
London: Revaluation caused sterling to fall to its lowest level
A British Crossword Puzzle
14 15
8
1
2 3
5 16 17
19
10
11
12
13
16
17
18 19
120
21
22
23 24
125
26 27
128
29
30
31
32 33
34 35
36
16238
40
30
37
ACROSS
1 Reposes.
6 Impression.
9 Scoffed!
10 Extraneous.
11 Motionless,
12 Calch.
13 Hung.
14 Same.
16 Female.
18 Candid.
21 Tied.
23 Cessation.
20 Made a home.
29 Cerral.
31 Mon.
32 Extinct bird.
34 Measure.
30 Doubles.
37 Vegetable.
98 Groove.
30. Guide. 49 Attire.
1 Heared.
2 Mountain.
3 Boll.
4 Material.
$ Subeldes,
88
DOWN
Starting place.
7 Insects.
Tree.
13 Let.
17 Short name,
19 Confess.
20 Definite article.
22 Deum.
24 Esteem,
23 Warms.
27 Senior.
20 Carried.
20 Thruste
36 Language.
33 Responsibility..
35 De indebted.
MONDAY'S SOLUTION.—Arossi 3 Blacken, 7 Collig, o Darning, 0 When, 11 Heed, 13 Burst, 15 Tarn, 16 Sees, 17 Elste. 10 Rein, 10 Lids, 21 Pirates, 22 Secure, 23 Repeats. Down; 1 Acid, 2 Flowers, 3 Bided, 4 Lean, & Confused, 0 Nights, 10 Hesitate, 11 Hal, 13 Reissue, 14 Sen, 15 Tamper, 18 Rises,---19 Lest, 20 Chew,
U.S.-CHINA
RELATIONS
PROSPECTS
NOT BRIGHT
Washington, Mar. 6. The Secretary of State Mr. Dean Rusk said today' that prospects of normal relations between the United States and China are "not very bright."
He made the statement in a special Interview with the BBC Almed here on Friday for release in London today, on the eve of U.S.-Chinese nego-
lations in Warsaw.
Tomorrow, the U.S. Ambas- sador. Mr Jacob Beam and Chinese Ambassador Wang Ping-nan will meet in a former nobleman's palace on the out- skirts of Warsaw primarily to discuss the exchange of re- porters, release of five Ameri- cans Imprisoned in China, and this country's demand that Peking renounce its threat to use force against Formosa.
Mr Rusk made it clear that the Kennedy administration has undergone mo major policy changes toward China.
NO INDICATIONS
The United States still ic- cognises the Nationalist gover- ment on Formosa as the Chi- nese Government, he said,
៥
Mr Rusk said he has seen no Indications of any fresh think- Ing" by Communist leaders, either. "They have continued most vituperative campaign against the United States and against Americans', he said.
They have made themselves to be the most aggressive lea- ders of Communist bloc they have insisted that normal relations are possible unless the rest of un yield Formosa to them," he said.
"So, I would suppose that thể relations prospecta for normal
are not very bright.”—UPI.
Embassy official
on spy charge
Paris, Mar. 8.
tio
A 33-year-old Polish Embussy oficial, Wiedisina Danmach was charged with espionage today and teken to Freakes, prison, near Parls to avalt trial.
He was alleged to have made microfilms concerning a secret guided anti-tänkt gun in his car.
Most of the evidence at a pre- Uminary hearing today was heard in camera, the Judge con- sidering that a matter of national, tcurity was involved. -Reiter,
of São Paulo's Dirport.
International
A
In the first of the similar crashes
within which took place
three-hour span, n Spanish Iberlan Airlines Super- Constellation hit a concrete harriende while landing and caught fire.
King Mahendra issues strict anti-subversion decree
Q
Kätmandu, Mar...G. King Mahendra issued
decree today requiring all government officials, re- tired officials, and land- Jards to inform against
anyone engaged in "anti- government activities."
killing policeman
Sydnoy; Mar. 6. A 15-year-old youth who was born in England, was today sentenced to 15 years jail for the manslaughter of a policeman.
The youth, Christopher Lind-i passed through Piric's back, Into SDY, of Newtown, an inner his heart, and out his chest. Sydney suburb, was described by the Judge, Mr Jusilee Else Mitchell as n "young gangster."
and
who might be
Summing up, the Judge sald Lindsay's youth was lus only
roeming feature,
The Judge said the sentence "But I cannot me it warrants must be such as to mark the
any special treatment," he said. community's disapproval, prevent others.
YOUNG GANGSTER" He said he bore in mind the similarly inclined.
Lindsay pleaded gulity to the words, in recent years, of this Court of Appeal - on manslaughter of Constable Criminal
and toli Failure to obey will be Clarence Piric, 39, father of young gangster"," punishable with Instant dis- four, at a camping reserve in Lindsay, a small bespectacled windows and emergency existsmissal of omeinis, stoppage of Western New South Wales on youth; connot regard you as
10
laughter
The crown accepted the mans
ples, in discharge of an indictment for murder,
Thirty-six. passengers and
crew escaped through broken
with only minor injuries. The plane was almost complete ly destroyed by the flames,
the second, domestile Cruzeiro Do Sul Airlines Convair carrying 22 passen-
стои gers and six
plowed
It also urged all persons with embankment Inlo an
after wheel on losing a
subversive janding knowledge
arrest or secure and smashing Its left wing activities to and motor.
the arrest of those engaging in
the pensions of retired officials, October 13 fast. Including army either Britain, India or Nepal, men, from
and confiscation of the land- lord's lands, the deerce said,
In
All
#
them.
ARREST
o!
ESCAPED
Police alleged Lindsay, with n 14-year-old youth, escaped from a welfare home on October 14, broke into the Parents' home, where they took 22 rifle, and then
food and stole a car, aboard the twin-engined
They then King Mahendra dismissed the transport were quickly un-
red government, closed parliament, loaded. No one was injured, and assumed total powers last The two wrecked airliners remained, on the air feld December. The former prime minister, Mr B. P. Koirala, and about 300 yarda blocking most of his enbinet are in jail both main runways and
the rights of political forcing an end to operations. assembly and debate are us -UPI.
pended. Reuter.
und
other youth's
10
were stated to the camping have driven reserve, where Constable Piric interviewed them about the car, und ordered Lindsay to drive to a police station.
Lindsay it was alleged aimed a .22 dille al Constable Pirie's back and fired a bullet which
A Royal Navy launch closes in on a couple of anti-Polaris demonstrators paddling a kayak towards the USS Proteus (background) the United States Navy's Polaris-submarino depot ship, after the Proteus had arrived
She is to set up the first Polaris-submarine base in Europe.-AP photo. in Holy Loth.
anything else gangster."
but
an
young
Lindsay, from his past record, both in his native England and anti- Australia, showod social outlook, Mr Justice Else- Mitchell added, and had pro- ven his blas against mocicly,
The Judge said:
"You are not liable to be á good citizen within a reason- able time, and a substantial sentence seems to be neces sary and the only possible way for you to begin your obligations to society."
He added that Lindsay had shown no contrition or remorse, a fact which seemed to be more. serious, and a report by the consulting psychiatrist to the Mr J. government, state McGeorge, showed he was not
from dhy suffering
serious mental disorder,
From the facts disclosed in the depositions of evidence, and in Lindsay's own statement, there appeared to be only "slender grounds" for the acceptance of, à manslaughter plea in discharge of the murder indictment.
The Judge said Lindsay had slated in his own words he had shot Constable Pirie becausé hé did not want him to "catch himm in & stolen car."
When Mr Justice Else-Mitchell passed the
Lindsey sentence.
who was standing in the dock, showed no reaction.
Lindsay appeared dressed in grey suit wearing horn rim- ined classes and was led by two police constables..from the dock to the cells below.
Omcials of the Prisons De- partment said later today ul- though it was certain Lindsay would not be sent to a fall to dssociate with prisoners mush older than himself, they could not say where he would be held.
China Mall Special
the and/
Landon, Mar. G. Thieves stolc 10,000 eggs when they broke into
R. Bowyer premises of Sona, dairymen, road, Shirley,
of Wickham- near Croydon,
Surrey, the other night. London Express Service.
Shriro (China) Limited
cordially invite you to visit their
exhibition stand at
The Second Exhibition of Clocks & Watches
Old Naval Dockyard
March 2nd-21st
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