COTTON SENSATION

Evening Star, Issue 19792, 16 February 1928, Page 2

COTTON SENSATION

MASTER SPINNERS’ DECISION AGREEMENTS TERMINATED LONDON, February 14. The Manchester correspondent of ‘ The Times ’ says that a sensation has been caused in the cotton industry by the master spinners’ decision to terminate the existing hours and wages agreements, insisting on a 12J per cent, wages reduction and an extension of four hours weekly, applicable to mills spinning American cotton. Tho Egyptian section, using finer yarns, refused to participate. A STOPPAGE INEVITABLE LONDON, February 15. The ‘ Financial News ’ understands that the cotton spinners intend to post a month’s notice of a reduction in wages, and adds: “If the demand is pressed it will certainly be resisted, and a stoppage is inevitable.” CHINESE BANDITS ATTACKED BY SOLDIERS FOUR NUNS AND FOUR PRIESTS RESCUED. SHANGHAI, February 14. Northern troops effected the release of four German priests and four German nuns, who were held captive by the Red Spear bandits on tho PoliShantung coast at South Kiaochow Buy for a fortnight as the result of a raid on a mission. The bandits used the missionaries as shields while the soldiers attacked tho mission compound, and their rescue was consequently delayed. The ransom of CO.OOOdoI demanded was not paid, but the captives were uninjured. The foreign missionaries are gradually returning to the stations nastily abandoned by the Consular instructions of a year ago. In tho majority of districts friendly to missionaries work has been allowed to resume, but the frequency of bandit attacks on the missions prevents many returning. AMERICAN GRAFT MISSING OIL WITNESS , CONTRIBUTES TO PRESIDENT’S CAMPAIGN FUND. WASHINGTON, February 14. Mr Harry Blackmer, an oil man, who fled to Europe to escape testifying at tho Teapot Dome scandal, gave 5,000d0l to the President Coolidgo campaign fund of 1924, according to Mr Nye, the chairman of the Senate Teapot Dome Committee, who stated that the investigators who were inspecting the campaign contributions filed with the House ascertained that Blackmer sent this amount from a hiding place in Europe, AMERICAN ARMAMENTS BUILDING PROGRAMME INDECISION TIME LIMIT UNDESIRABLE. WASHINGTON, February 14. The greatest indecision seems to exist concerning the naval measures which will ultimately pass Congress. _ _ _ Representative Britten, after visiting President Coolidge, stressed the President’s desire to see the entire programme carried out, but, if necessary, he would accept half; yet some members of the House Naval Affairs Committee insist that Congress will not go beyond twenty-five cruisers, and may even reduce the number to fifteen. Representative Britten, who wanted a definite time limit for building, now savs he agrees with the President that a "time limit might seriously disturb the country's finances, and that building should be carried out only as dictated by the condition of the Treasury.

THE OTTOMAN DEBT ALLOCATION OF TURKISH SHARE NEGOTIATIONS IN PROGRESS. (British Official News,) Freui Association —By Wireless —Copyright. RUGBY, February 14. Colonel Wedgwood (Labor) asked what was the present position of the negotiations regarding the Ottoman debt, and in particular' the payments made formerly by Egypt in connection with the Anglo-French guaranteed loan of 1856 and the payments allotted to the various succession States of the old Ottoman Empire. Mr G. Locker-Lampsbn (Foreign Un-der-Secretary), replying, said: “The question of the payment formerly made by Egypt towards the service of the guaranteed loan of 1856 is at present being discussed between the committee appointed by the Egyptian Government and Sir Reginald Patterson, representing the British Government. I understand that negotiations between representatives of the Turkish Government and representatives of the bondholders as regards the Turkish share of the Ottoman debt are being conducted in Paris, and that agreement has now been reached, except regarding one or two subsidiary points. The method of settlement of the share allotted to Palestine and Iraq is at present being discussed between these Governments and the Ottoman Debt Council. The share allotted to Italy has already been settled. So far as lam aware, no settlement has yet been reached as regards the shares allotted to the other succession States. 1 -

AVIATION “ HUSTLING HINKLER " SUDDEN AWAKENING OF INTEREST. Prew Association—By Telegraph-Copyright. LONDON, February 14. “Hustling Hinkler’ is a Press headline in the sudden awakening of interest in the Australian’s remarkable recordbreaking journey to Karachi in just over a week. It is generally acclaimed one of the finest feats of aviation, and the designers of the engine say that the fuel and incidentals could not have cost more than £2s—probably the cheapest journey ever made to India. The last thing Mr Hinkler thinks of is himself. He never has ft hamper—just a cake of chocolate, a couple of sandwiches, and a thermos flash containing coffee. An intimate friend hoped that Mr Hinkler would not over-exert himself and get drowsy in the air, but recalled that ho was once tempted_ to take up a new machine 20,000 ft without a respirator, and felt himself becoming insensible, but instinctively brought the machine down safely. COMMERCIAL FLYING BOAT SERVICE IN THE TROPICS. (British Official News.) Pre*t Association—By Wireless— Copyright RUGBY, February 14. The first British commercial flying boat specially designed for service in the tropics has been launched at Short Bros.’ seaplane works, Rochester. It has luxurious accommodation for fifteen passengers, and is driven by three 485 horse-power Bristol-Jupiter air-cooled engines. The seaplane, when fully loaded, weighs over nine tons, and has a speed of 120 miles hourly and a range of 740 miles. COLONEL LINDBERGH ASKED TO FORGO EXPERIMENTAL FLIGHTS. “ WILLING TO MAKE THIS SAORI'FICE.” Press Association —By Telegraph—Copyright NEW YORK, February 14. On hearing at St. Louis that the Secretary for War (Mr D. F. Davis) intended to ask him to forgo future experimental flights and confine his aerial activity to ordinary flying, Colonel Lindbergh said: “There must be pioneers, and some of them are killed. If it happens that 1 am killed doing these things I am willing to make this sacrifice.” GREYHOUND RAGING DENOUNCED AS SOCIAL MENAGE CONVENTION AT WESTMINSTER. LONDON ,February 14. A number of prominent personages, including the Lord Mayors of Manchester and Cardiff and several bishops, denounced greyhound racing as a social menace at a big convention called by Mr Winston Churchill at Westminster, The Bishop of Woolwich described a visit lie paid to Wembley dressed in holiday garb. He said; “ I paid half a crown like the rest there. The refreshment bars were crowded, and 700 bookmakers were awaiting our money. There were no seats. It was simply a gambling concern. You get bored with dog racing, and even the dogs get bored.” On several occasions the convention was in danger of ending in uproar, but finally it was decided to ask the Government to receive a deputation. CANADA AMD AUSTRALIA

EFFECT OF TREATY DECREASE ON BUTTER PRODUCTION. OTTAWA, February 14. Mr Edwards (Conservative) stated in the House that the Australian treaty had brought a decrease in Canadian butter production, an effective exportable surplus of 24,000,0001 b having been replaced by an annual importation of 10,000,0001 b. The fanners were beginning to feel the effect in the price of cheese. Mr Adshead (Labor) said that he had informed his rural constituents that if they could not compete with Empire neighbors 10,000 miles away they had better go out of business. The Canadian farmer was exporting more than the country was importing, because he could get more money outside the dominion. THOMAS HARDY. BIOGRAPHY BEING WRITTEN LONDON, February 15. The ‘ Daily Mail ’ states that Thomas Hardy’s widow is writing his biography. Another volume of verse is also assured. ATHLETIC COMPETITION DANGEROUS PSYCHOLOGICAL EFFECT FAMOUS ATHLETE’S VIEWS. (British Official News.) tress Association —By Wireless —Copyright RUGBY, February 14. In connection with the experiment made by Dr Adolphe Abrahams, of Westminster Hospital, his brother, H. M. Abrahams, the famous athlete, expressed the opinion that the real danger in the strenuous life of athletic competition was the psychological effect. “When you go in for four or five years of competition of one kind and another you are in the public eye and always wondering whether you are going to beat the other fellow. That i is where the strain comes in.” ROYAL INVESTITURE FIRST OF THE YEAR RUGBY, February 14. The King this morning held the first investiture of the year at Buckingham Palace, when there were about 100 recipients of honors. Afterwards His Majestv received the Argentine Ambassador, who presented his letters of credence.

COUPON SYSTEM TRADERS PRESS FOR ABOLITION Press Association—By Telegraph—Copyright SYDNEY, February 15. A deputation of traders waited on Mr J. R. Lee, Minister of Justice, and urged the Government to abolish the coupon system of trading as an unfair third party tax on trade without any compensating service to the public; the coupon companies alone were the gainers. It was stated that many traders were being compelled to give coupons to their customers under pain of the transference of their custom to other traders. Many other strong arguments were presented against the system. The Minister promised an early and thorough investigation, and added that the Government would not allow anything which unduly increased the price of living. FLOODS IN ARMIDALE PROPERTY SEVERELY DAMAGED , SYDNEY, February 15. Heavy rains in the northern districts caused floods in Armidale, the lower part of the town being inundated. The residents were forced to leave their houses, while the gasworks were flooded, and the town was without light. Severe damage was done to property. The rain also caused heavy damage to the crops in Glen Innes district.