1950-11-03 — Page 7

THE HONGKONG TELEGRAPH, FRIDAY, "NOVEMBER (9,- (II).

"EDITORS PREST SERVICE, IHC-NUEVA YORK

John Dempsey

"Keep aiming for his safety piņ!”

FOR THE BUSINESSMAN SEN

Reassurances To UK Buyers

Philippines Of U.S. Good Faith

Manila, Nov. 2.

Of Wheat

In Chicago

Chicago, Nov. 2, Soybeans continued strong and other grains were mostly

All deliveries of oats wero

The United Kingdom bought

The Senate president, M. Jesus Cuenco, after higher, especially corn and oats. exchanging views with Senators in Manila, told the cold at new highs for the season. Council of State conferring on the Bell report to- a cargo of wheat. Commission day that the Filipino people should entertain no houses generally bought soy fears that the grant of American aid recommend-beans. ed by the mission would entail an infringement of oats were % to 1% cents higher. Philippine sovereignty.

rye 2% to 2% higher and Senator Cuenco expressed firm views on the soybeans 4% to 6% higher,

Prices closed today as

Wheat closed 4 cent higher,

World Watching U.S. subject in connection with the previously reported followe

Congress Election

By O. H. Brandon

to

shall Plan appropriations will be of greater advantage than disadvantage to him.

attitude of objection by a section of legislators Spot and President Quirino himself regarding the December mission's proposal for American supervision of the May monetary aid programme.

HOW

July

WHEAT

2.10

3.26

March (1951)

2.304-12

2.3014-16.

2.1916

COIN

Spot

1.64%

December March (1851)

1.5516

-4.50%-

May July

100%

1:00 -100%

RYE

1.40-%

1153341

80-asked

sack.-United Press.

This attitude was said to be solutely no reason why the based on fears that such super-great and generous American Philip people should desire to shackle Mr Bevin once said

vision might infringe

or diminish the very inde- one of his assistants at

pine sovereignty.

The older statesman, whose pendence they established and December the Foreign Office who cau-

His Tatt-Hartley Act, how-political

are determined to main- May views carry

great

OATS tioned him not to send Д ever, has aroused Labour, and weight in the halls

of Contain and enhance."

{March (1951) Pointing out that the Philip- New York Flour-per 200 16. certain cable to Washington all unions have been mounting gress, declared in a press

pine economic and financial an impending a bitter and vigorous campaign statement this afternoon because of

situations are "serious, too on a basis of the record ot American election: "Every against his re-election.

serious to give any room for Marshall Plan aid to Europe time I want to send an im- portant cable to Washington I can't because there's an election on

in the United States!"

I would not be surprised if Mr Bevin had been cautioned in a similar vein during the last few weeks again. For on November 7 the so-called Con- gressional mid-term elections take place.

The odds still seem to be in Senator Taft's favour, especially as be is facing a Democratic

candidate who is little known and not even particularly po- pular

in his own State, but some of Senator Taft's or-

ganisers have been getting wor- ried lately, expecting a tougher fight than was originally pected.

-ex-

Taft vigorously opposed the appointment of Secretary Mar- shall to succeed Louis Johnson Undoubtedly, one of the most because he is known to have respect unsettling factors in American neither sympathy nor domestic and foreign politics is for Generalissimo Chiang Kai- the frequent elections-every shek, and his organisers believe that this feud with Mr Mar- two years-required by Constitution...

to shall, who

Americans re- mains the architect of victory in World War II, may have cost him a chunk of votes.

the

DARING DECISION The coming elections do not but involve the Presidency, one-third of the Senate and all House seats will be contested.

4

URGENT BUSINESS

On November 27 the old Con-

once more

the

Quite contrary to traditions, gress, will assemble the President made some dar- to deal with some urgent busi- ing, possibly unpopular de-ness, such as new -appropria- cisions only three or four tions for the relief of Korea and months before the elections-a possible modifications of period. which in the past has Anti-Communist Act, which to always been a policy void for the embarrassment of every- fear of antagonising

public body here is filling up Ellis

Island, detention opinion.

prison for dubious foreign visitors, and President Truman ordered

causing complete havoc in the commitment of American

American Consular offices all could troops in Korea. This

over the world. But for elec- easily have become a very un-

tion expediency, Democrats and had it decision popular

not

Republicans

few alike with been at the same time an act of exceptions, and Senator Lehman great statesmanship now evi-

the, only onc (New York) as dent to everybody.

contesting an election--rushed The President also agreed to into passing the Act. the stationing- of several more This, as well as the question American divisions in Germany who should represent China in and to a rearmament programme the United Nations, will have which has brought many to wait until after the elections. inconveniences and restrictions back Into American dally life.

Perhaps the only issue which the President avoided, with an the eye on the elections, is question whether Communist 'China' should be admitted to the United Nations. American pub- lic opinion is certainly against ,it," and any action favourable to

Peking would have gravely hurt, the chances of the Democratic Party in the elections.

BITTER CAMPAIGN

Among the candidates up for re-elcation interest is focussed on Senator Taft. He is a likely ...Presidential candidate for the

1952 elections.

Taft has been opposed to the internationalism of President Truman's foreign policy, and he

that

he felt no misgivings whatso- vague speculation," the Senate LONDON TIN UP ever with regard to possible president invited people to look at the American record · in ad- sovereignty in accepting aid on aid in Europe. encroachment on Philippine

ministering the Marshall »plan the mission's terms.

ON LINES of Erp

Mr Cuenco said: "I yield to no one in my loyalty to the · It was likely that the Bell enduring reality of our inde-aid to the Philippines would pendence, but I dan see Labs follow lines of Marshall Plan old. If so, it should set all doubts at rest here for "no beneficiary of that aid (in Europe) has been heard to complain about infringements of its sovereignty."

4544

ARD BRIDGE

By M. Harrison-Gray

Deater; Sout

Game all.

N. I AK04 ❤ 10 5 3 ♦ A 98

J 10 62

MOO

W.

E.

4 87

❤ 397

• K 7654

4849

8.

A Q J.10 G 32.

AQ 2

SAR

South

opens Two Clubs and North gives the natural positive response of Two No Trumps. South bids Three Spades and North Four Spades. This limited : response tells South that at least one key card is missing (in this case, K), so he is. content with Six Spades,

West

teads

to 'dummy's A South must not make the mistake of relying on the Heart finesse for his 12th trick. for there. is a cast-iron safety play. After A at trick 2, South cashes &R and & A

and draws the last

adverse trump with dummy's). Now & 10 is led, and when East plays low, South dis- cards 2. West wing with Q. but South can now enter dummy with K and discard on 4J.

London Express Sartio0.

BACKGROUNDS: : Douglas MacArthur :

VOTE TOR LINCOLN

and curbs

Senator Cuenco ⚫ said that since the purpose of the United States is the same as the Philippine

purpose

habilitate, develop

le saw nothing

to re-

lise this country's economy

and stabi-

unreasonable

London, Nov. 2, Prices of tin jumped today, The turnover was. 75 tons, in- cluding 25 tons for spot.

Prices closed today at the end of the official morning sessioni ac follows:--

1.030 1:035 1,030-1,035

Spot tin, buyers Spot in, sellors Business done at Three-months tin, buyers;, 922 Three months rin, sellors_293 Business'done at Settlement

195-090 1,035 -United Press,

Singapore Rubber

Singapore,Nov. 2.:

Prices in the rubber futures

in the condition that aid grant-market here closed today as

ed should be used for purposes

envisaged in the Bell report.

He declared that no objec- tion should be felt here, to publishing full statements of the use made of Amerinan as- sistance when the United States so requested.

Mr Cuenco advocated the pre- paration of definite and specific projects, to make most boneft- cial, use of American help. United Press.

RUBBER IN NY

New York, Nov. 2. Prices in the rubber futures niarket here closed today as follows:-(sales totalled 82 con- tracts.) Spot

March May

July

6034-70

57.00 traded

49,75

47.50

-United Press.

follows:-

Number 1.-rubber, De-

cember

-†18534-18025

Number 1 rubber.

January (1951)

1724-173

Number 2

rubber

November Number 3

November Number

November

ubber,

rubber,

Spot rubber, unbaled Black crepe No. 1 pale crepe

104-10534 1234-18434

1924-10334 1074-193 167-160

200 -205

-United Press.

LONDON RUBBER

London, Nov. 2, Prices in the rubber futures market here closed today...as follows:--

No

1 rubber, (in per. lb.).

December

January/March (1951)

April/June

July/September

cents

60 61

694-

43. 451

40 tom.

-United Press.

No. 3 By MELVIN K, WHITELEATHER and NORMAN MYERS

Cónturies) of fighting blood Lincoln's campaign for the "I guess Father Abraham But the laughing didn't last

Judge Mac- long. Arthur made them like How's in MacArthur's veins. His; Vis also the originator of the so-presidency stirred the Mac- need's "you," said

Arthur when his son reached 17 him, and thus began a Brilliant Scottish ancestors were wor called Taft-Hartley Act, which Arthur fighting blood in young and off Arthur, went to war as military career that carried him riors under Robert the Bruce entails severe. punishment on striking Labour Arthur. He cheered the torch lleutenant and adjutant of the through the Civil War and the who in the 14th Century fought a half- for Scottish freedom. The Mac- under certain circumstances. light parades in Milwaukee, 24th Wisconsin Infantry. But he Philippine. «campaign

his death, Arthur olan was called the just a stripling with a century later. At

MacArthurs" hand- 11 Campaigning

a and after the Lincoln victory he was in Ohio, largely isolationist part of the listened intently as his father boy's voice and the soldiers Arthur MacArthur was alleu- "Fighting country, hla opposition to the read aloud Lincoln's first in- made fun of him. The Colonel, tenant general, first military the emigres to the United

if too, wanted a man, not a boy as governor of the Philippine is States have lived

reputation of the clan. North Atlantic Treaty, to arm augural address. He asked

lands. aid for Europe and to the Marthere was going to be a wariadjutant.

upstoothe