1949-07-28 — Page 4

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THE HONGKONG TELEGRAPH, THURSDAY, JULY 28, 1949.

FOOTPRINT

PHRASES

Understand those—and you're half-way to knowing your way around the dollar crisis

he finds

Here is a man-in-the-street's peet that she will use the sterling to Controlled Flexibility means guide to the baffling sort of bus British goads, But it pains Str that if you got como money out of

Stafford Cripps

France another country you cannot just put it economists' double-talk or switching over more than the agreed in your bank or spend it as the mood "gobbledygook" which pep. Dutch cheeses, or Swiss watches. Such count at the Bank of England and asic amount of sterling to buy Belgien steel, seizes you. You put it in a special nc- pers the crisis news by unceremonious treatment of sterling Mr Averell Barrimag what he thinks R. M. MacCOLL.

credit is called transferability.

ought to be done, He then indicates what sort of control will limit your ***Convertibility.--This **Drawing Rights,-Another way Stafford's bugbear.

In Bir flexibility. of describing the old-fashioned credit. that if we lend Franca, say, £1 million What it means is If you have a balance in your local sterling, the Americans would love to bank of £8 s. d., that amount, sir, is ace at least half of it "convertible into. your drawing right,

dollars so that France could spend it to buy Cadillacs or US oil. ***Unallocated Drawing Rights - saying which country gets the credit. micans, nobody has yet got around to Malti-lateralisation-Trade be. tween us many countries as possible. **Di-lateral Agreement. — An

Britain's recent deal agreement between two countries 6

over Argentine meat,

Conditional Ald-Marshall nid with strings to it. The British Govern- ment gels come Marshall-old goods and sells them to British businessmen for pounds sterling. Then Britain ho to inake some of those pounds available to other Marshall countries, Hence the ald is "conditional."

***Transferability,-If Britain lends France some sterling, we hope and ex-

Why

there is

Those are some of the highlights. All the other 16 Marshall nations have their own sets of phrases, each in its own Inngunge, each getting out of date in about fortnight.

Pertinps the best summary was given

recently by the British Ambassa- dor in Paris, Sir Oliver Harvey. Bald he: "If nt the end of a restaurant meal I tell the walter I am giving him 10s worth of drawing rights, he will prob nbly look a bit blank. But if I call 11 a tip, he brightens up noticeably," Which of course, makes it all simple.

-(London Express Service).

not one

modern British air liner flying today

by... Group Captain

H. S. L. DUNDAS, D.S.O., D.F.C. ·

OUR years after the end of the war there is not a single British transoccan or transcontinental airliner of modern design to be seen on the world's air routes. But BOAC has bought, or ordered, 21 four-engined airliners made in America, and e further 22 made in Canada; the engines and furnishings for the Canadian planes are British made.

In addition, an incalculable amount in dollars has been spent in sending some of our top technicians to America and Canada to advise on the preparation of planes for Britain.

Passed on to rivals

Their great knowledge and ex- perience, which should have been. devoted to the British industry, have been passed on to our commercial rivals. . IMMEDIATELY AFTER the war BOAC was pinning its hopes to the Avro "Tudor and the Handley Page Hermes.

Where is the Tudor?

After a prolonged period of testing and re-designing, dur- Ing which time the manufac- turers and the opernfors in- dulged in repeated cross-accusa- tions of incompetence and In- faith, it had a brief life as a passenger-carrying

pinne, be- fore being withdrawn from ser- vice.

And where is the Hermes? BOAC expected delivery

of

the first last January. It has not yet emerged from the fac Story.

Offcials in the

Where is the Tudor?

service on all British airlines;

WHY

I FEELS

"AT

HOME”

IN

BRITAIN

By Douglas Fairbanks, KBE, DSC,

ono of the Anest systems of democratic law and

Douglas Fairbanks, on a The genius of her people has visit to London from Holly evolved wood, went to Buckingham order since the Ancients frit Palace recently to receive thought about it. and has the order of Knighthood retained the respect and parts. bestowed on him for his nerhip of a vast family

nations, In fiself model for work for Britain in Ameri• the world.

ca.

Afterwards the popular film star was asked: “Why do you like Britain?" This ivan his answer :---

TT began when I was five. I lived at an hotel near Buckingham Palace and insisted on being taken. daily to the Changing of the Guard.

of

She is not prefect, but being honest she admits 11.

They are most loyal friends

Her people are as Individual- different as they are collec- tively alike..

They are hard to know and understand, but one one has done both they are the most

I marched up and down in' loyal friends. step with the guardsmen.

She preserves the best of Perhaps I was trying to her old traditions a a back- Identify myself with the life of ground for the creation of new Els country, and feeling myselt ones. to be a part of it.

Though an averago American Now I am a normal, patelolie I share with my British rou-. Amertean. America in and ins a preference for not talk- anyone in a rallway always will be any home; but ing to Britain is very definitely my compartment, for reading my

paper unmolested, and picking horses with long odds.

second home.

In Britain it seems odd to me to have to use a passport!

To take action about it

for

Though in war and trade she never admils defcal, she is content with her supremacy in tea-making. leaving unchal- lenged the making of coffee, to others.

Perhaps the root of any mis- Out of my feelings about which might exist in the minds

of understanding

the US Britain it was surely, natural, as of ordinary people

I matured, that I should develop iles in the fact that the United in Britain strong convittona

about the States seem to

be bountifully nced for Anglo-American amity blessed with the riches that are At times it has been necessary tries which were closer to the acutely lacking in other coum-

to take vigorous action about war.

this.

For example, In the years when Britain was at war and the US was not, any American

that we might have had an in my position became a targe! aviation industry which was for the attacks and abuse of that

called "Isola- robust; that we might have had shrill minority operators from all over

thelonista."

world queueing up to place or- ders for our planes.

*

,

How America became rich

is rich.

Certainly America The good fortuno of natural wealth has blessed the United States

to

But-and this is what ecers

me sometimes to

be for- gotten-nnture did not simply deliver her riches into the Jap of men sitting in the sun doing was nothing.

It distressed me deeply that even the narrowest bigot, could find cause to suggest that I was IT IS NEVER too late to anything but

1 normal mend.. The Hermes must American. be brought on, for. if it falls, BOAC can only turn again to Transatlantic markets if it is carry the commitments given. it And suppose by the Government.

Where is the Hermes ?

Where is the Ambassador?

that some mon of drive vision

nrid and knowledge had

What we must do

they did,

and

I moves werd

But threatened, made to ban my films in certain Two qualities you yourselves places where tho minorities very much admire-hard work were strong.

and

the adventurous daring, spirit and plan elbow-grease--- Fortunately, that is all over went into the making of America. It fau't All Just luck.

now.

The good things of life

It also seems to me that the people of our two countries aro gulity of accusing each other of the same faults.

thinks.

in been put

We must put all we have in- charge of

the to developing Co-

not only ordinating and Hermes but also the sensational encouraging the new airliners which are now on efforts of the the drawing boards and the fac- Do industry,

tory Jigs. I refer to the that airliners Havilland Comet, the Vickers Now let me summarise some of The simple example is that would be pro- Viscount, the Bristol 175. the reasons why I like Britain the Englishman often duced as a mat- We must see to it that the Basically we want the same the American arrogant, self- ter of urgency, sleek, ingratiating presence of things of life, and there seem to satisfied. abombers-

Constellations ond.. Strato me good things. Cruisers, mado by foreign

Britain is the cradle of our I am not discussing the craftsmen, does

or wrongs not lure us modern civilisation, ever hold rights

I of this: away from the urgency of pro-ing the freedom and dignity merely assure you that a lot moting our own industry. of the individual to bo its of Americans think the

-(London Express Servico), major concern.

English tend to be just those things, too.

I believe that our great firms, were during the war. which produced the Spitfires.

corporation the Hurricanes, the Lancasters.

stu) hope that if moy in, service within a year.

Trials held up

Suppose all that, and you can be the Halifaxes, the Meteors, and imagine that by now we might the Vampires. can produce have had British airliners in planes relatively superior In the commercial field.

But I believe that Mr Lind-

And I believe that it has cost Erça. Parliamentary Secretary us the £10,215,000 which we

at the Ministry of Civil Avin, have had to pay for foreign Happier voyages may result from the trip of:

tion, thinks differently: his bet bullt planes, to prevent, or ni is two years.

least to hinder, them from do- ing so.

The Guinea-Pig Troopship

As for the manufacturers, they simply say that everything I do not altogether blame the

men in the is coin splendidly, but that

corporations, for

AST November a 13,000-ton tablets on sale by American The dosage recommended, is hazy weather last winter held they have been instructed, by

the Minister who directs up trinis,

American troopship, pur- chemists on prescription at slx- one-half their

tablet (or about 50 activities, to fly on

chosen because of her penco a tablet. It was the drug milligrammes) as the chip certain Posely THERE IS another new air- routes; and having looked narrowness, which Crused her used first on the Olymple men leaves harbour or ten minutes in vain for British to sall high out of the water, and then on the troopers, Within before the plane takes off, and British Ang to foreign fields. It planes they have been forced left New York for Bremerhaven an hour of treatment on the one-half tablet every four to six was optimistically christened into foreign markets, the Ambassador, and was to go

liner which is to carry the around

into service with BEA In 1951.

But the Ambassador will b At 2.30, 5.20,late. I saw it flying two years ago, and it seemed a promising ambassador indeed.

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To be 'redesigned

Need for Drive

at a senɛon when the Atlantic troopship the affected soldiers hours afterwards. was at its roughest. ftolls were were up and walking about, encountered as high as 35 de- grees.

were

the

'the

Although they have not yet DEPORTS to the Army authorl discovered how or why

the hours out and the ties said that using the drug drug le successful in combating BUT SUPPOSE the Govern-

ways

strewn and a sugar pill as a control, ex- various forms of motion sick- "We will with sick men who ment had said:

had to be periments were carried out in ass, Dra Gay and Carliner be- keep our routes down lo acarried to the ship's hospital. Your compartments containing lleve that dramamine stabilises skeleton, and

or We will spend Just what the doctors ordered! 483 Goldiers. Of these, 300 be- the content, controla our money on building up our

of the fluid in Indeed, two to them had gone came seasick and were treated pressure, own industry; we will spare no aboard on special Instructions with dramamino-288 reported canals of the car. cost or effort in research or de-of General Omar that s But now it transpires

complete relief. Later, Bradley

when the wings have not been stress we have to spend into pro- combat seasickness, consequent were stopped, 80 again

K Gay states that seasickness became

a matter of fear or ed to a suficient strength. :

up fast as is humanly upon the earlier success, of the scan'ck. Renewed doses It must

cured imagination, but the result of be redesigned, and usable, como ane modern alte treatment on the seasick mem- eighty-four of them within an motion on the human balance the day when it will roll off the liners, made in Britain by Bri-bers of the American Olymple hourt The production line and into. ser- tish labour. Then, when. vice will be put back by several production line is rolling, we

the team bound for England. months,

vulopment; we will pour all that to carry out experiments to duses for some of the cured Dot

い

will expand our airlines."

I BELIEVE that, potentially,

Anal result was mechanism in the inner ear. complete in 95.6 percent. of the Ho adds that it has been cases treated.

scientifically established thant motion sickness is not based on The technical name of the psychle phenomena. It is poor manifestation equilibrium-the bata dimethylaminoethyl of man's inability to balance ether 8-chlorotheophyllinate, himself.

THE doctors wore Leslie Gay and his assistant, Pau!' Suppose that the £10,215,000 Carliner, of Washington. Gay drug la: our aircraft industry is the had been devoted to work of had discovered, the, drug drama-

that kind

now made up in yellow

best in the world,

NANCY

For the Record

I WAS TH' STAR OF TH GAME ---:

HOW DID YOU' DO IN THE BALL GAME THIS MORNING ?

GREAT

mine,

--- I MADE A BEAUTIFUL CATCH” AGAINST DAT WALL

By Ernie Bushmiller

It is as if we were looking at ourselves an a distorting

mirror.

My belief is that each coun- try can look to the other with a great deal of possessive pride. Each has contributed so much. to the other.

-{London Exprem Sérvice)

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