The worst unemployment since pre-war days has struck a heavy blow at the Federation of Malaya, which only in August entered the second year of its history as an independent nation.
Establishing of Kuala Lumpur Mosque pan to Enbankment to show the Business Centre.
M.S. Bank of China.
Cutaway of Watchman at the entrance of the Bank.
L.S. of Govt. Building Land mark of Kuala Lumpur.
C.U. of Unemployed workers, Punjab, Indian and Malay.
M.S. People walking along the pavement in Kuala Lumpur.
M.S. Trishaws at the Bus terminals.
L.S. Uncomplete Hotel in Kuala Lumpur. Total stop work because of slump.
C.U. Building machines lying Idle.
L.S. Slump Area (Squatters) on river bank.
M.S. Rubber Estates.
L.S. & M.S. Of Tin Mine Labourers at work.
L.S. Of Tin Mine Parlong.
L.S. Of Ampang Mining Village.
L.S. Of Odean Cinema with poor crowd.
L.S. Of Employment Exchange.
M.S. & C. U. Of men at the Employment Exchange hoping to find employment.
M.S. Rubber Bales.
C.U. Of Rubber Bales.
C.U. Of Labourers.
M.S. Of School Children.
L.S. Of American - Cars and Trishaws.
NB: ABC NOT SERVICED. COULD YOU PLACE SYNDICATE TO THEM?
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Background: The worst unemployment since pre-war days has struck a heavy blow at the Federation of Malaya, which only in August entered the second year of its history as an independent nation.
From the federation's capital, Kuala Lumpur. Government labour department officials reported that only the pawnshops were doing good business.
The world recession has found Malaya particularly vulnerable, because it has few industries of its own and relies almost entirely for its foreign exchange on the export of tin and rubber. Both commodities have slumped recently to their worst prices since World War Two. Production of tin has been almost slashed in half since Russian dumping on the world market forced down the price and the demand.
The shortage of money has struck hard both at private and government development throughout Malaya, and the government was forced to cut back its first five years plan before it was properly under weigh.
Most of Malaya's population depend on tin and rubber in one way or another for their living, and events over recent months have forced them in thousand to the unemployment exchanges, to begging on the street, or living at the survival level in slums built by squatters.
From the government point of view, circumstances have created a vicious circle. Malaya must have her own industries before she can become vulnerable to fluctuations in the tin and rubber markets. Until the present economic picture brightens, she will have no money available to build these industries.
On latest reports, the position in Malaya is expected to become much worse before it becomes better. With an election due early next year, it is feared that the leftwing parties will gain ground against the ruling Alliance Government.