AFFAIRS IN GERMANY.
RECORD SUBMARINE SPEED
United Press Association —Copyright BERLIN, Oct, 4. The first German submarine to be fitted with two petroleum motors travelled 700 miles without reserve fuel, and surpassed all distance records.
SILVER CURRENCY TO BE
INCREASED,
PLANS OF FORTIFICATIONS
SOLD.
NEW WARSHIPS BUILDING
(Received Oct. 6, 5.4 p.m.) BERLIN, Oct. 5.
It is reported that the Government propose increasing the silver currency to the extent' of fifteen millions sterling. It is also reported that Germany completely recasts plans of fortifications in Alsace-Lorraine owing to the present plans having been sold to France.
As the Government yards are overworked, Germany Las distributed in private yards orders for the new warships for which expenditure was authorised last session aggregating 71 millions sterling. Tlie Socialists are organising a three months’ campaign for raising a fighting fund. The newspapers direct attention to the great increase in prices in household foodstuffs, and predict privations in the winter.
STAGNATION IN THE STEEL TRADE.
(Received Oct. 6, 4.55 p m.) LONDON, Oct. 5.
The “Standard’s” Berlin correspondent reports that the Essen and Krupp works are discharging 3000 workmen owing to decreased orders.
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Bibliographic details
Gisborne Times, Volume XXV, Issue 2204, 7 October 1907, Page 2
Word Count
189AFFAIRS IN GERMANY. Gisborne Times, Volume XXV, Issue 2204, 7 October 1907, Page 2
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