1961-06-16 — Page 1

LIBRARY, SUPREME COURT

Make

Bu

ELEC

WASHBETLERS

GILMAN'S

મ

THE WEATHER

for

Light S or SW winds. Fair. At 1 pm at the Obeòr- vatory the temp was 89 degrees F and the relative humid 66 por cont.

CHINA

No. 38003

Established. 1845 FRIDAY, JUNE · 16, ¦ 1961.

LATE FINAL

MAIL

Price: 20. Centa

6

JETS WEEKLY TO

EUROPE

DAILY except Thursdaya

PHONK 27031

PAN AMERICAN

Comment Thousands throng branches to withdraw deposits

of the BIG TWO BACK CHINESE BANK

day

HUNTING

GROUND

THE Tsimshatsui area la

Tthe Jumping alt ground

for the majority of tourists who now flock to the Colony in search of pleasure and bargains.

It is also the happy and pro- Stable hunting ground for one of our best-known pro- ducts-the tout.

But while we are intolerant of touts, we have no sympathy for anyone who falls for the age-old tricks, though they may have been brought up to date by using a different line of approach.

Leaves us cold

I

Це

short, the constant vom- plainta about touls and their activities leaves

In this cold

hut even weather.

Tourists should be able to look after and fend for themselves and if they don't know a bargain or are taken in by this riff-raff they have only themselves to blame. The complaints are similar to those about change for chits being given in the highest coin or noto, Surely the person given a 50 cent coin for a $1,50 beer can ask for smaller coins!

Like the tourist the resident Is big enough and old enough to fight his own battles without whining.

Pickpockets

Police called

out to

manage crowds

The Chartered Bank Ltd and the Hongkong

A

and Shanghai Banking Corporation an- nounced their backing for the Liu Chong Hing Bank Ltd in a statement issued at noon today.

heavy run continued on the head office and branches of the Liu Chong Hing Bank this morning.

paid them cash," Chartered "It's all a matter based on mob spirit," he went on. "We have to wait until they calm down."

The statement by the two

Bold: "The banks Bank Ltd and the Hongkong and Shanghai Banking Corporation desire to see all current and Ravings account holders with the Lu Chong Hing Bank Ltd, re- paid on demand, and all holdets of inte deposits pald

on maturity, and are lending sup part to the Liu Chong Hing Bank Lid with this end in view, The latest balance sheet of the Liu Chong Hing Bank Lid shows assets considerably excess of labilitlen,"

The announcement was made after an emergency conference

from 8.30 nm to Loon beld

the Hongkong and Shanghai Bank among the ufelnis of the three banks.

Those present included Mr Liu Po-shan, Managing Director of the Llu Chong Hing Bank Ltd; Mr R. G. L. Oliphant, Hongkong Manager of the Hongkong and Shanghai Bank; and Mr O. W. Reynolds, Sub-Manager of the Chartered Bank Ltd.

$3 million

чуда '

one

con-

The conference inuation of the

held throughout last night up to 5.15 this morning.

Mr Liu had said that the w- founded rumours which touched off the run were "vicious and animalicious.”

this

THERE is, however,

other

Mr Y. P. Chin, Bills Manager person who fre quents the Tsimshatsul of the Liu Chong Hing Bank

Ltd, told the China Mail areas and the ferries of a different nature; namely morning that "the situation is not serious oes our bank is strong the pickpockat.

enough to cope with it." The cases of pickpocketing and bag-snatching have been in creasing over the past few years. Many of them have not been reported.

In one day to our knowledge two women tourists were robbed on the Star Ferry, The fact that the cases were not reported is immaterial.

Important

TTHAT is important is that

W this bunting ground is a

constant source of revenue for the petty crooks of the underworld.

Women are the main targets for this type of crook and while it in a matter of opin- lon what the husband may think about his wife's hand- bag and its vulnerability there is no doubt that the police are not as vigilant as they should be in the area or on the ferrles.

A

ALARM Mdian Prime Minister,

AR Dlofenbaker, the Cana-

proposes a special Common- wealth Premiers'

con-

ference to discuss Britain's ponsible entry into the European Common Market. Hin statesmanlike intervention makes it possible that the

He revealed that the amount the bank paid over the counters

Wednesday was about three

million dollars and a little more

than that was paid out yester- day.

This morning the demand already began to die down, he said, because it was only the fixed depositors and some safely vault depusitors who were with- drawing their savings.

He also denied a rumour that the bank has been selling ther securities on the stock market to meet the situation,

This was evidenced by the fact that many of those in the queues outside the bank head office and branches said the only reason for their presence in the crowd was that "everyone else is withdraw- Ing money from the bank, so I am here too."

•

False rumours

The Commissioner of Polire his statement has reconfined

made yesterday that there has been no police investigation into the affairs of the Liu Chong Hing Bank or its directors, nor in there any suggestion that any member of the banks has been asked to leave the Colony,

alept and Thousands aquatted all night on

pave- menis outside hy bank'e branches In Weat Polut, Causeway Bay, Mongkok and Kowloon City awaiting chance to make their with- drawals. Minor scuffling with police broke out when an impatient crowd of over 1,000 milled outside the Mongkole

Around

D

brunch of the Bank. The dense crowd of depositors spilled over from the pavement on Nathan- (Contd. on Page 3, Col. 1)

NEW TEXTILE

LAUNCHED

MOVE

IN U.S.

Washington, June 15.

The United States Government today formally opened an in- vestigation of imports of cotton, woollen and silk textiles to detormine whether they were harming the U.S. national security.

The request for the review, quotas The domestic Industry

"There is no need to seli was filed with the office of has long contended that 'quotas "We Just Civil and Defence Mobilisation on textile Imports were needed.

them," said Mr Chin.

Inspector wins appeal

Geoffrey Howard Cox, a 23-year-old poller Inspector, in an appeal before the Chief Justice. Sir Michael Hogan, this morning, had his sentence of six weeks' Jail replaced by a fine of 3500.

Co had been sentenced to six weeks by Mr T, L

$ June Yang con assaulting a taxi driver, Boo story on page 10,

for

on May 15 by ten prominent The industry appeal to the trade associations representing agency stemmed

all segments textile industry.

the domestic

Decision

from recomTM (mendations made by a Cabinet committee to President Kennedy last April. Later the President" declared that "the problems of the textile Industry are serious and deep-rooted and that "It is time for action."

An OCDM spokesman said the Investigation would be "expedited" and would not drag on for months as had previous Inquiries into imperts conducted by the agency. He predicted that a decision would be made stated early this Autumn.

Vulnerable

The Cabinet committee report textiles that American were particularly vulnerable lo

in

No public hearings would be foreign competition. But it also held. Interested parties were noted the texille Industries asked by Mr Frank Ellis, direc-Japon, Britain and

tor of OCDM, to submit their opinions within the next 45

days

If the OCDM backed the domestic Industry's appeal, and

Italy, "the principal sources of imported textile products," had been modernized and looms in those efficient were more countries than those operated in Americon

factories.

that

if its decision was approved by The trade associations alleged President Kennedy, such action could conceivably lead to the Imposition of higher tariff or

UNUSUAL WEATHER IN U.S.

The

Chicago, Juno 15.

at

Imports were causing domestic producers "a 1053 of employment, production and productive capacity," thus mak- ing them unable to meet US national security requirements.

"Imports of cotton textiles Increased 70 per cent in- vatue In 1900 compared with 2058," the. Associations declared. "More than half of the 1m- poria originated in Japan and Hongkong."Reuter.

reasoned and profound A record-breaking hoat wavo baked the West Coast and alarm of all the Common- o record chill nipped the East Coast today. wealth may be brought bo- fore the British Government

Weather Bureau cald Jahivered in the low 40's and In irresistible strength. temperatures were on their way high 30's. Tho 43 degrees

back up to the 100-plus lovein Albany, New York, was a June Lows of 37 degrees The Government appears to be (Fahrenheit) which set records 13 record.

Bradford, bent upon taking a stop in the Weat yesterday. The were reported at

Emporium and from Philipsburg, which will have repercus-100's

to California, with English Centre, Pennsylvania. Amnemy spokesman mid the slons throughout the Com- Arizona

In Duskorzy Maka, shell blew up mediately after monwealth, but it will be near-100 readinge expected for wise to make haste, slowly interior portions of the Pacific

ns without an assures step,

were

north-west.

in store

Fort Dix, June 15. Five U.. soldiers were injured on Thursday when the shell from a 105mm howitzer exe ploded prematurely.

weathermen tried to figure the leaving the weapon, pelting the cmuse of a yellow in which | B-mat Bun crew with shell fall yesterday. Botanists came frogmnOIDISE,

backed by all the membern,. The north-cant, which awel to their aid with the finding thund The any sakit could not Integration can well load to tered through a heat have of pine pollen had become mixedmediately explain the ac

cktonk-AP'. dienstord

Its own carler in the week, I with rate drops.--UPI.

These pictures taken by China Mall staff photographer, Frank Fischbeck, slow (above) a smait seçtion of the glans queue outside the Lis Chong Illar Bank branch in Cause- way Bay, and (left) a depositor who had waited all night on the pavement outside the bank, in an argument with a police offler,

'SETTLE THE BERLIN PROBLEM-OR ELSE!'

Mr K threatens

to use force

Moscow, June 15.

LION RUNS LOOSE ON BOARD SHIP

Genoa, Juno 15. A Gorman ship, docked here, was kept under guard on Thursday night by Italian palico armed with sub- machineguns because there was Q lion fooso aboard.

Captain Struving, commrader. of the 7,000 ton cargo ship Kandelfels, assured police there was no dangor.

He said the lon broke out of its cage during a storm at set before entering Genoa harbour en Thursday, but the beast had been lured into a dead-end cor- ridor by the crew, and was safely barricaded there,

The Kendefels, owned by the Hans Line of Hamburg, was on its way to the Middle East and India, At Rotterdam it look aboard two caged lions for the Karachi zoo.

The captain sald no one was broke from ita cage.

He said the crew would chase

Premier Nikita Khrushchev tonight gave then when the lion

West a flat ultimatum to settle the Berlin problem in six months or be shoved out of the isolated city-by force if necessary.

**

Attacked United Nations

General

as

the llon back into its cage after the ship puts to sea again--AP.

Da NEPAL OFFICIALS

Mr being pre-i

Biamed the United States

"Some threaten they will not

(a separate Soviet Secretary recomise praco treaty with East Ger- Hammarskjold Įmaty) and will sac force to Judised.

oppose 1," Mr Khrushchev said in an unprecedented Areside for the continuing crises in

the report to his people on Vienna summit talks with President Kennedy,

Doom

Laos.

Charged that there has been no agreement because the West did not want disarmament and aid, "Frankly speaking, "Any force against us will be they do not want it now,"

Discussing the Laotian pro- answered

force," with

blem, be blamed the United warned. "We have the means.

he

RELEASED

Katamandu, June 15.

Two members of Nepal's deposed

government were

released from deteation yesterday, it was reported here today. They aro Dr Triboni Pradhan, a former Minister and Mr Meen Gurung, former the report Assistant Minister, at Geneva. He said If Bald.

Is any violation of а

They have been in detention ceasefire K Is committed by since King Mahendra's dismissal

ment last December.-Reuter.

The internationally televised States for atarting trouble Bahadur

Laos and for delaying an agree report was a grim restatement

of every Soviel stand of the ment past year from Berlin to dis- there urmament,

Д

Mr Khrushchev appeared to American military advisers who of Mr B. R. Koirala's govern-

are Instigating "rebels."-UTI. doom the Geneva nuclear test ban talks to failure when he in- sisted on his plan for "Trolka" 'controls 2 three-mon control commission with cach man carrying a veto.

Mr Khrushchev niso:

Union

Sald the Soviet will accept any Western system of arms control if the West ac- cepts total and general disarma- ment. This was a reiteration of earlier statements

Said the Soviet Union never will accept one-man con- trol of any executive controlling nuclear arma lesta,

CALADRYL

RELIEVES SKIN IRRITATIONS & PRICKLY HEAT.

SOOTHES THE DISCOMFORT OF INSECT BITES & STINGS

DRYL

PARKE - DAVIS

NORTHWEST FLIES TO 35 CITIES THROUGHOUT THE U.S.A.!

NORTHWEST

19 THE ONE that Bies jela daily over the shortest, fateat route from Tokyo to the U.S.A. NORTHWEST 13 THE ONE that files Polar Imperial Jets to New York from Tokyo-514 hours faster than any other airline. NORTHWEST, IS THE ONE that pays your con- Docting fara from Seattle to San Francisco or Los Angeles.

NORTHWEST 18 THE ONE that flies DC-8 jeta between Tokyo, Seoul, Okinawa, Talpel and Manila.

For reservations, call Northwest or

your travel agent

NORTHWEST

Orient AIRLINES