China Could

Peace In Indo

Mean Cheaper Rice

IT may appear that events ii Indo-China, where the Chines Reds have been providing th French with a first-class probleii in defence, have only a general in terest for the Pacific Islands.

But if the war there should ceas —and the sudden retirement of th Reds from Laos this month ma; have some significance—and Indo China is permitted to make ai economic recovery, the Pacific suppl; of rice may be greatly changed. Ii the opinion of experienced mer chants, the resumption of rice ex ports from Saigon could ver; quickly bring the Islands rice prici down to £3O per ton.