STOP PRESS NEWS

Horowhenua Chronicle, 23 September 1916, Page 3

STOP PRESS NEWS

(Australia-New Zealand Cablo Service.) (Received This Day 2 p.m.) HONORS FOR NEW ZEAL ANDERS. London, Sept. 22. s .Military Crosses have been awarded li to tin* following N'ew Zealailders: — I Captain .John Cowles, of the Rifle ■; Brigade, for gallantly leading a raid where in 33 of the enemy were killed : and only seven 'New Zealailders wound- - ed. : Captain Aired Rowley, of the Rifle i -Brigade, for a trench r;tid, in which,. though the party were heavily ctK-iini- > bercd by eighty wounded, one diead, and nine prisoners, Rowley got all in safely. .Lieut. Philip Id's, of the Kield Artilleiy, lor agisting ill removing a , large amount of ammunition and high explosives, when the gnn emplacements had ignited, audi also he removed the gun and, prevented the spread of the file, lindier shell fire all the time; ami ' Lieut. Edward Kibblewhite, of the j AYo'lingtou Regiment, who took coini jnand when his senior officer was injurf <-J. a-nl ral'ii d: his men and drove the : em : : , out from advanced positions. ■ Distinguished Conduct Medals have ' been awarded toPrivate Kj ost, of the Wellington-Reg-iment. for assisting his officer to cover the withdrawal of raiders, and who twice passed the enemy wires and rescued two wounded mori. Private Lepper. 'McQApiiek and Niniiino. of- tho Rifle Brigade, f'orbringing in wounded under heavy fire. Private Potter, of Wellington Regiment, for gallantry in leading the way in the raiding of an enemy trench. MACK EN,SEN I.NTSTHAII S. The Daily Telegraph's Rome correspondent cables that General Maekensen's army at Dobrudja is without munitions and food. Rumanian artillery sank the food convoys on the Danube, aie'i the rains ruined the roads. NEW CHAPTERED BANK FOR BRITISH TRADE. The Board of Trade Committee that investigated the question of financial lac lities for trade recommends the establishment of a chartered 'Brit'ish Trade Bank with a capital of £10,000,OU.. such bank not in interfere with existing bunks. KnanciaJ institutions are to lill the gap between the Home barks and the colonial and British and foreign. The new institution must be eqi'ippcd with an up-to-date information bureau, to ascertain new business opc-ns : ng~. etc. There are strong reason ; for an immediate formation, in view of the c-rtaiiity of the enemy's etti rts to regain his position in the world) of commerce and finance after the war. There is a pfrss'bility of unemployment becoming rife in Great Britain unless new markets a e exploited therefore the committee deems it do suable io nseetraiii in advance the requirements of foreign countries, and I lie whereabouts of raw material for our industries. " jiLJ—l"g