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The Bee: Danville, Va., Monday, June 11, 1945Strict Wage,Price Control In YugoslaviaGovernment Issues New Currencytrucks, railway locomotives, huge quantities of machineryBefore the war much of destroyed Manila was owned by American, British and Dutch interests*Many of them, like MacArthur, “will return. Many others probably will not. •••.;•Most people here want independence and say they’re ready for it, but to a casual observer, it’s hard to believe that anything but,chaos can result from cutting away from the United States.'Manila, Once ‘Pearl Of Pacific’,City Of Strange Contrasts Between Teeming Life, Wanton DestructionBy SHERMAN MONTROSE jNEA Staff Correspondent JMANILA, P. I., June It.—This war-blackened Pearl of the Pacific, capital of the Philippines, is a city of strange, contrasts.Army officers and men dance with chic Filipino .girls in nearswank night clubs, while hungrycivilians sweep leavings from soldiers’ mess kits amid desolation as great as this war has produced.North of the Pasig river, there's teeming life, civilian and military. South of the 200-foat stream that bisects this once beautiful city, there’s wanton destruction beyonddescription.Just as sharp as the line between life and death is the Pasig.Rizal avenue, an extension of Highway 3 leading into. Manila from the north, is the new shopping and trade center. Sidewalks are jammed with Gl’s wanderingin and out of hastily-opened shops with souvenir pillow cases, beads, stiver work, eigaret cases.Jn the restaurants there's plenty of food to be had—for a price. Von can eat steak of a sort for nine pesos; half a chicken for the same amount; . an egg sandwich costs $3.50 in FI i pi no currency. Tested whiskey is available on a limited rationed basis at 10 pesos. A thimbleful 'jigger costs two pesos.In the market section *a tiny watermelon no larger than a ean-teloupe at home costs $2.50 in U.S. money. Papayas run from $1 to $2.50. Single American cig-arels are available at a nickel each, with a brisk trade going. GI rations of soap, candy, toothpaste, tobacco reach the black market, too, but come high.of its hungry and homeless thousands.The Army is still feeding the 800,000 residents of Manila. Some of the food comes through black market channels, some is bought from the Civil Affairs Section, some is given outright to Filipinos. Brig, Gen. Courtney Whitney, chief of the Civil Affairs Section, estimates that 78 per cent o£ the food supplied by the Army is sold at prices scheduled to break down black market operations. The other 22 per cent is given away. AU, that is, which doesn’t get to the consumer through the black market.Gradually, the liberated sectionsof the Philippines with the exception of Manila are returning to a somewhat normal condition lor rural areas. Food in many sections of the Islands is plentiful. To Americans, it's cheap as well. In the congested city areas, however, it’s not only scarce, it’s expensive.Rice is sold by the government at wholesale prices. The Army sells it to wholesalers, who then sell it under government supervision and at fixed prices. Economic controls are being turned hack to the civil government and the civil government will be largely in control in a couple of months. But not until principal crops are in next December will Manila approach having enough food for its people.BELGRADE, Yugoslavia, June 11.—fd?!—Yugoslavia — struggling hard to make sense out of the economic and financial chaos left by the occupation forces of the Axis —lias evolved a system of strict wage and price control.Even after the liberation of large parts of Yugoslavia there were six different kinds of paper currency circulating in the country. Their values were uncertain and I heir relative exchange rates were confused. These were;1. Nazi -Reichs marks, which the Germans printed in bales and then used to ‘buy” wheat, corn, cattle and other supplies. Individual soldiers used them in shops.2. Fascist Italian liras, with which the Italians copied German looting in Slovenia, Dalmatia and Montenegro.3. Magyar Pengoes, imported by the Hungarians into Backa and Baranya.4. Bulgarian levas which were spent like water in Macedonia.5. Serbian dinars, which the Quisling General Milan Nedic issued to pay the costs of the German occupation.6. Croatian kunas issued by Quisling anti Pavelic of puppet Croatia.The effect of this variety of money was to cut Yugoslavia into many small economic spheres without economic relations with each other.It was estimated that Ncdie issued 35 billion paper dinars. In Croatia the number of paper kunas already had passed 80 billion at the end of 1944.Faced with this monetary madhouse the National Liberation Government decided that the Quisling-inflated dinar and kuna should remain valid pending a definite solution.In the final situation, naturally, the enemy -currencies caused no further trouble because their values fell with their governments.The prewar rate of exchange for the national Yugoslav dinar was 50 to the dollar. In the free moneyTHURSDAY. AT 11A NICE 7-R00M H AT 808 PJ)This house Is located in one of the city. It is convenient.to sc has been painted reecntly, ins have been newly papered.Inspect this property before tlTERMS; ONE-FOURTH CAS PAYMENTS.For further infc301 MASONIC BUILTFOOD IS PROBLEMIf the Army moved out of the Philippines with the liberation of areas still held bv the Japs, the people of Manila would have plenty of growing and feeding pains.It's impossible to find out here when the .start of the reconstruction o£ Manila will begin, but certainly not until the end of the war in Japan. The Navy is taking care of the monumental tasks of clearing Manila harbor from bombed hulks of ships, but when shipping and materials are available—who will supply the money?The reconstruction of Manila will require that virtually all materials be shipped here. It will require millions of tons of steel,TOMORROW322 THIRIHOUSEHOLD•3-Piece Living Room Suite, 1 Lamps, 1 Record Cabinet, 1 Cot tures, 1 Console Table, 1 elev Table Radio. 1 Pr Andirons, 1 Axmlnsler Rug, one 9x15 Will Room Suite. 1 Easy Chair wil Chinawarc, Curtains and Drapi foot Universal Refrigerator, 1 Magic Chef Gas Range. I Meli 1 Magazine Rack, t Set of itarvs WhHcombc Riley’s Poems. 50 V Library of World History, 5 Vol.GIRO’S IS POPULARAn officer or an enlisted man can take his girl—American or Filipino—to swank Giro’s, dance to almost continuation good music, fur a cover charge of five dollars. Mixed drinks with ice and good food is available.Across from the WAC quarters an enterprising Filipino opened a night club where enlisted men meet their enlisted women “dates”
Newspaper Details
Danville Bee
Danville, Virginia, US
Mon, Jun 11, 1945
Page 1
Full Page
Clipped by
James M.
USA 01 Jan 2022
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