1950-06-19 — Page 5

THE HONGKONG TELEGRAPH, MONDAY, JUNE 19, 1950.

„First - Time Since Nelson

CHEN YUN SAYS CHINA IS ADVANCING

Why Israel

asks for

more arms

Tel-Aviv, June 18.

The Israeli Foreign Minin- ter, Mr Moshe Sharett, said

But this is no time

for complacency

San Francisco, June 18.

China had advanced in its financial and econo-

here today that "the absence mic rehabilitation efforts but there should be no complacency because the complete job was a big one and there were still many important tasks to be done.

of peace and the Arnb re- fusal to talk peace justify the Israeli claims for arms, while the Arabs have no such justifiention."

He was commentlag on the recent "Big Tree" deluention niting arms whium:nts to the Middle East for defence, pur

poses al a meeting of Tel-Avly <dHorn

bald it was regrettable

This was what Mr Chen Yun, Chairman of the Committee.of Financial and Economic Affairs of the Peking Cabinet told delegates attending the current meetings of the National Committee of the People's Political Consultative conference now in session in the Chinese capital.

that the three-power declara- lun had not asked for a post-

According to Peking Rullo perience gradually in the course tive sign of preparedness for tonight, Mr Chen reported on of work,

economie "Nonetheless, it should be re- prace on the part of the Arab "questima of the

we have already States as a condition un supitustion and the readjustment cognised that

and achieved a series of successes co:nmerte rlying brins.

of industry,

Centralised control of economie Referring to "defence of the taxation."

been work has Thu "Our primary

report wald that in the and Inancial area," he cuid: and immediate concern is the eight months zince the establish- effected, revenue and expendi Anance are op defence of Teraet from invasionment of the Central People's jure in public

aur the Government preaching equilibrium and Government, by her neighbours."-Reuter.

com. Administration Counet and the eur

prices at Purrency and of Ecuratrader and anditles pre Committee

becoming stable. Financial Affairs had undertaken There

economic and doubtedly whits in the financial field affecting the co-prorreetly and they reflect

this broad turn for the Belter in our country and

country's гconomic situation Aspects of thig work weDET which is beginning."

"A! continued, The report (1) Centralisation of mas Iment and Ladershup of the present, industry and conameree financial and economic task of confronted with many dim- Our Staf

culties. This in hernure: first, Collection of the puldas a result of stable currency (2)

Tatra

purchasing and prices, rain and taxes,

Washington

her

gets

milk back

tire

have measures

been carried

1893-

out

the

is to ray.

Washington, June 18. The striking AFL drivers i (3) The tue of public bonds onwer in our society in the part voted today to accept the to lelance revenue and expen-has been brought to light and

eliminated. That management proposal toiture in public finance.

(4) Stabiltration of currency durlur the inflationary period of the past 10 years and more, end the capital's eight-day old milk strike and indien and priced. (5) The

Over. takt

the rather, than keep money in their people competed tions

that were

dairy setting up and the start of repoggession.

State-owned with each other in buy and deliveries would be resumeil Labilitation in

hoarding things. not for their industrial, crenmecial

own consumption but in order fancial enterprises.

to avoid losses arising from the in the value or paper foll money.

on Monday morning.

The

readjustment

انه

The proporsi calls for a seven

(4) Investaient in transport, day operation of the nine dairies

wider emirvancy, agriculture involved, with the employees working live days one week and and certain industries, rix days

(7)

SITUATION CHANGED every other

Weeke

public and They would receive overtime lations between

private

and labour-

the conamy

situation has The union Bad deminder afezpital relations,

The reshuffling of food changed. People have not only (B)

stopped hoarding, but hoarded) Ave-day week with no less in wages received under the pro-supplies to big cities,

(9) The allocation of grain Roods are being unloaded sent

six-day work. Newly all restaurants and hotels were and money to relieve the popu-the market. Thus

wares.

without

of fation in devastated areas milk treatme strike and the district of Colum- unemployed workers,

bia health laws banned the safe of Imported milk,

Thousands of families obtam- edinik by driving into nearby Maryland and Virginia but thousands who had 110 went withmi-United Press.

Creaking Machinery Of

Co-operation

Sydney, June 18.

**Now

temporary and

over

on

there is n excess of supply over demand in certain com- modities on the market, 'Busi- ness Is bad and many Indus trialists und merchants are ex- periencing dimeulties.

"Such

MISTAKES MADE "Sosne of our work has stown marked

while Achievements

situation will be some is just beginning to show very short-lived. After hoard- results," the report stated.

ed goods are sold out, supply have achievements

and demand will return to nor- been brought about by the smal. port. assistance and strenuous! efforts of the bread masses of)

"Second,

certain Industriai

the people, Government person-commodities and a certain kind nel at all levels and democratie of commerce, which developed perrons of all circles through to conform with Colonial out the rountry.

"Defects exist in all our work. and some mistakes have been

turte of made in

mur work These arise mostly from a lack of proper understanding at the situation and the lack of ex-

and have

Economy, semi-Colonial entirely lost their markets be-

of rause

the climination of feudalism and Imperialism. bureaucratic capitalism China.

"Third, swollen organisation enterprises.

The Sydory Morning Heraldi perience, and threy are being of many private kaki editorially today that a corrected." "complete overhaul

cleaking machinery of [C©•][asks as follows: operation 17 Tong uverdue"

(1) To within the Commonwealth.

their irrational

methods

ان

the The report exitlined future operation, their high costs and low profits or even losses, have, further carry

and also given rise to the plieno- develop queer:ses and attainment that many industrial and

them, im commercial enterprises

are re The Herald was commenting: ments, consolidate

ceale of businers,

Thered for even closing down.

must be readjustment in order find a way out for them, BLIND COMPETITION

on the visit here next month arise experiences and analyse during their

of MT Patrick Gordon-Walke, the situation.

the Secretary for Commonwealth Relations, and aid it was im-

2) The education of eaches. (3) The

Conscientions

and

portant that British Mudsters | prinstaking carrying take pains to require a per- work, "exerting all our efforts Step by carry out step sonal knowledge of their part. 16

tasks economic tranein! 372

svers overfRUE,

of

and

This

A sultry London made its salute to Field Marshall Lord Wavell-soldier, ex- Viceroy of India, author and gallant fighter of lost cuuses-as his funeral coricge went from the Tower to Westminster for the Abbey service. Nineteen guns thudded sullenly above crowds lining the Thames as the water cortege-the first seen in London since the funeral of Nelson-glide up-river to Westminster Pier.

A correspondence Bad Gleichenberg, Austria: romance brought together Edit "Gitta” Rauch, 28-year- old model of this little town on the Austrian-Yugoslavian border, and 61-years old Chicago chef and grandfather Sam Hedge, seen after their wedding in the mayor's

office here.

Christian Democrats lead in North Rhine elections

"Fourth plantessness und prizes in the heroe trade and 11 such visits became routing set down in the common pro-blind petition unan enter- "they would prove a healthy i granune.”

supply

Dusseldorf, Germany, June 18. corrective, of Inority la the (4) To realise the aspira-disharmony British Government," the paper tions of the people of the entre demand between various places in a fallier off in

The Christian Democrats moved into Kald, arkling that it was high country and to ight for alalso result

produc time Dow recognise the in

Street

and fundamental turn for the better production, surplus of

the stancial and economie tion and the closing down of the lead tonight in returns from statewide Whitehall

war and the great reduction in elections in North Rhine Westphalia pro- Increasing inflitary responsibility situation,

enterprises. Moreover, protracted put upon the Boinfoloas,

the people's buying power have vince of British-occupied Germany. This should be accompanied! TURNING POINT

aslackening in brought about a by a readiness to take full r count of the Duminions W Discussing the general situa- industry and commerce.

Returns from Bonn, seat | clear for all to see." economie front is Commonwealth ton on China's

that the of

West the

German report added The now, the report said:

diMculties re- Federal Government, gave "AL the present time, our "sufferings and

were only a phens,

for 20 of the country's economic and financial ferred to"

of the newly liberated this count

Chris- situation is at a great historic menn

In the old liberated city's 60 districts:

Democrats, 5.108: turning point-that of trans-areas.

atrendy formation from a semi-colonial, aves, the sufferings and dimettian

problems had either

1,572; Socialists,

Centre! an into semi-feudal economy | semi-

de- been solved or were approach- now

Party 364; Free German free, independent.

ing solution. from re- mocratic economy,

The repart

recalled Mr Mas Party, 1,791; Communists, condi-

Party, 324: 19. trogressive and adverse

tions to progressive and favour-se-tung's three conditions for 230: German

the resolving of the problems: Radical Socialist Freedom Willi

(1) Completion of lond re- sealed

Movement, 65,

on

overabi

strategy. the Herald sal. -

Reuter.

WILLI ENDS

HIS FAST

Frankfurt, June After a63-day fast,

able conditions. Schmitz today left his

"Lone years of inflation and glass cage here-pale and ex-commercial speculation_result- hausted,

of Import- rule ng from the He lost 67 lbs. during his fastfällts and Kuomintang reac. tlonaries are retrogressive, un-

conditions.

and now weighs 06 lbs.

11

He headed straight for hospital to be nursed up again on a special diet

EU changing these a

form.

and

com-

(2) National readjustment, of

0,035 20 districts In those Industry exizung

the new con- voters were for merce.

(3) Drastic

ex-illution which favours national- economy in

iration of basic industries while penditure by Stato organs.

The Industrial section of the 2,470 opposed, conditions, ww verse

cannot report made these point:

Ometals reported light vol. and stabiilse our economy

“1 x provided in the coming monit the 8,500,000 per- sisted of cigarettes of which ne market and lead productive mon

'State- programme that

sons cligible to ballat in Ger- smoked over 2,000, and sada

and the commerce owned trading organisationa enterprises

many's Industrial Buhr water-Reuter.

Rhineland. The and de- campaign

Was anything commodity apathetic, however.

His diet during the fast con

Chinese Student Delegation

San Francisco, June 18.

the peu-

of society inte normal channels, shall assume the responsibility agricolturai This is a very important start of adjusting supplies

stabilising ing point for the establishment mand. economic prices democratie of new

and assisting order and for the transforma-ple's co-operatives." tion of national economy.

..PRICE POLICIES "We can now say that we are

Success course,

Ching will send a delegation begining to achieve

of 25 students to the second

opening on August 14,

The Chinese students

Students' Federation,

in

lo

and

bu!

and right-

The Communists wing ciements fought ruch other freely and frequently in WC "This requires the Govern-beer hails, in scenes reminiscent riotous days which pre- congress of the International this, though, of

suitable price of the

eeded the ascendancy of Adelt Union of Students in Prague, should not be in the least comment

placent about it, because our policles from time to time in ac will big job is yet to be done. cordance with economic condi-Hitler.

maintain an If the new constitution should represent the All-China Numerous and Important tasks tlons that is, to

Inw, North Rhine Sill remain Peking

on the economic appropriate difference between become

huva volere will They front, we still have to eliminate, wholesale and retail prices, and Westphalian Radio reported tonight.

The range of this difference ward nationalisation will come from Feking. Inner step by step, many adversities between prices in various areas, taken the decisive Brst step to

Northeast, bequeathed by the rule of Im-

Kuomintang re-must be such as to offer appro- Industries of the Rubr. Central South and Southwestperialist and

the action, our war Northwest China,

wounds silllpriate profits to retail merchants

The voters will choose 225 and the and mererants in distant places, China's People University, the have to be healed

face numerous thus facilitating the flow of members of a new state Parlia-

to. the re-rent

govern Germany's Conservatory of Music, the people Central College of Drama and dificulties. Moreover, we lack trade and favouring

Industrial, region covery and expansion of pro-powerful the

Central College of Fine experience in such work and

United Press, · Arts-Heuber

we can only accumulato ex- ducilon."—Reuter,-

Mongolia, Enst,

and

of basic

SIDE GLANCES

12

Was It The Altimeter?

Paris, June 18. A faulty altimeter may have caused the first Air' Franer Skymaster crash in

off Persian Gull the Babre last Tuesday, re- ports from the island sald today.

The pilot, Jean Stadek, fold investigators bis co- plloi found the meter 28 XOO showing altitude

feet when the big DC-4 hi water-United Press.

Hollywood

tips for Indian films

New York. June 18. Mr S. K. Patil, Chairman of the Indian Government's Alm enquiry committee, sald here today that the American film industry had given him the fullest co-operation during his

study

of the United States.

four

Mr Patil said that the 18 days he had spent visiting Holly- wood Studios, big and small, Had bern extremely fruitful and he had come away with the feeling that American im anxious to ste producers were Indin improve her film, tech- nique.

They agreed with his view, he addeti, that although India the second was quantitatively largest film producing country in the world, no spirit of com- petition was involved and that an improvement in the quality of Indian pictures would be un advantage to the world's firm Industry as a whole.

Speaking of the organimtion af Hollywood studios, Mr Patil rald that such "watch-dogs of

screen" the

113 the Motion Picture Association, the Humane

Amociation, America

the of Motion

Pictures And most of other bodies were cye on the particular aspects of the indus-

jcerned.-Reuter.

Academy (keeping in vigilant

try with which they were con-

By Galbraith

DOPN, 1980 MY NEA SERVICE, ANG, T. JA RES U & FAT, DEF.

62

"You can call it five o'clock-shadow. If you want to, but 'you'll still have to wash your face!".

Canada

U.S.

not a

satellite

Stanford, California, June 18.

The closeness of Canadian-American relations should not be construed as meaning that Canada was "moving inevitably and happily into union with the United States, the Canadian Minister for External Affairs, Mr Lester. B. Pearson, said to- day.

"That is not true," the Canadian Minister said in n

speech prepared for delivery Check-up On

nt the graduation exercises

ut Stanford University. "The Beetle"

"Wo are quite content with our present position of indepen- dence inside our Commonwealth of Nations,"

Washington, June 18. The physical check-up which Lt-Gen. Walter Bedeli Smith undergoes this week may deter Mr Pearson said that Canada mine whether the former Am- will be wished to

And basilar strengthen

to Moscow broaden her friendly contact named to head with the United States, which ment's WHA

importaut

economienity.

possible,

the Govern- Central Intelligence

to Canada Agency, informod

he said the

the

today,

sources sai

The First Army commander "Ilère again."

possible,

freesi will receive a check-up at the closest

trade arrangements Waller Reed General Hospital, caзuct, and in our view need where last month he underwent mean for us the loss of an operation for chronle peptie jour economic independence by ulcers.

customs talon

or In any other way."--Router.

not,

Radio Hongkong

JL.K.T.

0.00,

"Hongkongt Calling"-Pro

Eramine Summary: 6.02. Italf Hour-Conducted Front (Studio]:

"Children's

-

Jack 6.30, Portugurne 7.00, he

High Government officials re- gard Gen. Smith as well-ftled for the Intelligence pust because of his extensive military and diplomatic knowledge of Russia mid her political leaders. United Press.

Defence Talks

In Tokyo

tntf our (tuto):

chard Tauber Pregenuine"-With

Tauber.

Melacturing The Richard Orcher and Guest: Lean Guomen

Tokyo, June 18. the Brcard" 41BCTS: 7.30. "If

Ronnie Gibbon The Defence Secretary, Mr Iranted by

and General (Studio); nro. World News and News Louis Johnson. Analysis London Relay): 215, "I

Omar Bradley, chairman of the Like What 1 Like"-Presented by

Suudios: 84, Joint Chiefs of Stuff, completed Lamorna Nobbins,

Landn Cnter Talks on Flux (Studio D00, From the Edileria" London Relay): 0.15. Weather Report: 911, "Concerto Cimatura's Cosseerto for

Ohne and String Mitchell Miller and the Saidenberg: Little Symphony Orchestre: Havel' Cuncefla for Left Iand. Robert Cosadesi ano and the Philadelphia Orch: 6.45, 10.15. Latin (RACTS): Itma American Music: 10.30, From the Ballet Sir Thomas Bercham cun

Catharinge ducting the Landon Orchestra: 10.45, Dancing with Carroll and His Swinghonies Orches tra; 11.00, Radio Newsreel (London Relay): 11.15, Weather Report; 11.16, "Goodnight Music": God Save King: 11.30, Close Down.

The

full day of talk on American defences in the Far East with General MacArthur today.

another meeting They have with the Allied Supreme Paclac Commander tumorrow morning.

There was no official

hint the points discussed but Head- quarters spokerman emphasised the military nature of the Tokyo conference and said that Mr not involved in Johnson was

the political situation in the Far East."United Press.

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