THE WAR

Horowhenua Chronicle, 6 January 1917, Page 3

THE WAR

(Received This Day, 9.15 a.m.) LNILTW LOAN". FOR GREAT BRITAIN. (Loudon, January 5. Tho Government is preparing investors for the issuo of a now loan. It is expected tho ter.ms will be for a loan redeemable in twenty years, and yielding investors 5J pel' cent or 4 per cent free of income tax, if subscribers prefer this option. GERMAN BANKS. Regarding the rep.'.rt of the wind-ing-up of German bank, the Daily Mail says the banks should immediately be shut down, the German .managers interned and unrealized securities handed over to the Public Trust eee. "RIGHTFULNESS." Zurich, January 5. The Kaiser gave an audience to llerr Zimmerman at - headquarters, and received a report on America's .attitude to wards submarines, whereanent Mr Gerarrd had communicated wiith the. German Government. Tho . fact that the Kaiser summoned Hcrr Zimmerman; instead of Count von Hollweg is considered a snu.b to the latter. Herr Zimmerman favours a policy 'otf 'frijji iru-lncss at times. Madrid, Jan. 5. The torpedoing of' three Spanish ships off Bilboa, and the blockade of that port by Gen-man submarines, has ev'oked strong press protests. The Spa.ni.sh Government is charged with weakness, cowardice, and inability to protect Spanish interests. THE EASTERN' POWERS. Amsterdam, January 4. The German press as indignant at the Allies' Notes to Greece, realising that Greece's future usefulness as upawn in Germany' game is rapidly valuishing. TROUBLE IN GREECE. 'London, Jaaua.-y 4. Tho 'blockade is pinching Greece in stocks of grain and flour. Barley lis .in sufficient supply to last unliiSt the middle of January. Reservists are terrorising Athensi, and refusing to recognise any authority (even military, which was originally encouraged). They now are obliged to bow toi the dictates of what really is armed mob. and the est.vblisiime' t of a comrnuri3 is possible.

(Received This Day 9.35 a.m.) TRIAL BY .JU&Y London; Jan. 5. Sir Charles Russell prat ears agaii.it the procedure in tihe Bairrjfct inquiry. He states that 110 reresented some parties involved when the Act ~uas passed, and had an assura ice given him tli'ajfc everything would be secret. This assurance has been brolien. The evidence, was not published, but findings were; dealing with selected items of evidence. These were published broadcast and the pairties accused were deprived of their constitutional rights of trial! by jury. THE PALL MALL GAZETTE. (United Service.) Loudon, Jan. 5. Hendy Dalziell lias purchased the Pall Mall Gazette.