Exchange, comments a;i English C'ompuxrcial paper, is one of those things where tlio pessimists get it both ways. Wo are told at one time that high exchange prevents imports, ajid at another that it prevents exports.. Jt is tr.ue in both cases, because peopLe cannot adjust themselves simultaneously to a change. A country with a high rate of exchange is supposed to be a good customer, yet India buys less cotton good= fropi Japan than site bought last year, and does not increase her yen payments though she buys dp a per. On the other hand, Japan has som.o\vini£ increased her raw cotton imports from India, and has Jijid to pay a lot more for them. This is contrary to the alleged experience with Germany, that, owing to the low rate of the mark German exports are favoured. India seems to have- things much her own way with the rupee so high as it now isi Curiously enough, the largest proportionate increase in iron is from India also, in spite of the unfavourable exchange. Similarly, a very big wool trade has sprung up with China, in which the exaltation of tho Chinese currency’ does not seem to interfer in the least. It has increased fourfold in quantity without increasing in price as compared with last yea!-. Quantitatively Africa still keeps a long way ahead as a supplier of raw wool to Japan, notwithstanding the distance; and here again prices do not increase. Imports from Australia have greatly fallen off, however, while prices have gone up steeply. With regal'd to the Chinese wool trade, it is the hope of Japanese statesmen to get all they want in future from China. Baron Okura, is just hack from a visit to Mongolia, where he is starting a ranch of 100,00(5 acres, and the reversion of Russia’s interests in Mongolia, towards which Japan is working, means securing her own supplies of hides and wool from that extensive region, without- any risk of interruption or com petition. In view of the fear of a Yellow invasion into Australasia the foregoing is certainly very significant.
perturbed at the defeat of the Govern- j ment candidate for Bruce. Reform is so strong in the present House, that i the loss of a seat is not of material value to the strength of the position. On the other hand the Liberals will welcome an accession of strength of two votes, for it means one off Reform, and one on to the Liberals. The coun-
try, too, can be pleased with the result, for it means a numerically weak Opposition will be stronger, and the new House needs a greater leaven of Opposition, if the latter is going to have any real weight in shaping the immediate political future. Sir James Al- | len had a narrow victory himself last Deeemiber. He met a formidable op-
ponent in ■Mr Edie, and had only . a couple of hundred votes to spare in the end. His personality and political service served to tilt the balance in his favor. Mr Edie has turned the tables on his latest opponent, Mr Begg, 1 with a majority of one hundred in 1 round figures. According to the figures 1 announced, the Reform vote decreased j by 800 and the Liberal vote by only a ‘ little more than half that number. The honors are with the Liberals. The state of the political parties is such that the Liberals need the little encouragement which the result of the Bruce election gives, and the effect
will be rather to brighten the prospects for a more active session. The Labor ! p ar ty held aloof from the contest, which 1 suggests that in nominal opposition j work they will throw in their lot with the Liberals, and to that extent v, ill ! be useful in helping to make the Go- ' vernment move as progressively as posi sible. 'Hie new member for Bruce may : be welcomed as arriving ver v opportu-
nely an.d usefully. The entries for the sale of fat stock at Arahura appear in another column. General Bramwell Booth, head of the i Salvation Army, will arrive m Wei- ; lington from Sydney on June 7th, The Christchurch egg market will be very bare of supplies during the nextfew weeks. From Monday's listings Canterbury Egg Circle first grades are . 3s 3d, second 3s per dozen. j A meeting of the Executive of tho Royal Visit Committee will be held at the County Chambers at 7.,30 o’clock | on Monday night to deal with several important matters. r On the. Thursday on which the Royal
party crosses the ranges to Canterbury, the ordinary overland service will be suspended, and the journey both ways made on the following day instead. On the Thursday all forenoon trains will run into Greyjnopth for the Royal visit there. In lieu of the ordinary meeting date next month, the Westland County Council will sit on the 27th inst. The change is duo ty the necessity for tho Council considering the proposed charitable aid levy before it is fixed finally by the local Hoard. The Council will deal with ordinary business also at the meeting next Tuesday week. Addisons notify having purchased a manufacturers range of ladies high class long cloth underclothing. The gopds are now on view, and tho ladies why dpsi re comfort and quality above the ordinary xyilj jw doutyt appreciate being able to fibjain such fine goodg in their home (ywy,
Further enterprises by the Government in the matter of land drainage, including one in South Westland, are forecasted by the Minister of Lands, Mr Guthrie.. He stated at Wellington that last year £1205,000 on tlijs work had been spent. The new works proposed are a preliminary survey of an area in South Westland, and the drainage of 20,000 acres at Hjkmangi, in North Auckland; and of 70,000 acres in Southland, at the Seaward Pass, near Invercargill. The war hampered operations, but the position is now improved. Mr J. B- Thompson, Chief Drainage Engineer, is to leave next month for a tour of the United States and Canada to inspect- flip works there, and investigate up-to-date machinery.
At Westport on Tuesday night, the Mayor. Mr Arthur Leaver, who has been in il)-h»>a!th for some considerable time past, announced that- h.e was seriously considering resigning from all public positions now held by him in Westport. Mr Leaver only returned on Saturday evening from a visit to Canterbury and Wellington, and at the latter place was stricken by an old complaint which caused his relatives and friends much . anxiety. However, after s omo weeks’ confinement to his room, he wa.s able U) c.ome back to Westport. Air Leaver recently accepted a position with an English firm, and was op route to Svdliov on a business visit when the Wellington illnese overcame hijn. Mr Leaver just recently sold out his Westport harness and saddlery business,
Mrs J. Lloyd is showing sports coats and jumpers in various colours and at prices to suit all.
JuM landed, 200 cases choice desert and cooking appfcs, consisting of Jonatliians, Coxes, Pippins, Washington’s, Munros, etc., etc., in 401 b cases, 7s ( >U to 8s od.—Paterson, Michel and Co., Ltd. (Phone No. 2). —Advt.
Splendid stock of new seasons goods just arrived at McGruor*. lit aie very pleased and wel 1 satisfied with the fine styles and wide variety. There are autumn costumes, hats, coats, skirts, fancy goods underwear and lioi«s<>ry i ll big variety and the. quality of the goods is "higher and the prices more moderate than those that have been seen for many a day. MeGruer and Co, Hokitika and Groymouth.--Advt.
For influenza, take Woods’ Great Peppermint Cure 1/9, 2/9.
Could there be more beautiful and attractive coats for ladies? A visit to Schroder’s, large emporium will convince the most sceptical that for quantity to select from, quality, reasonableness in price, Schroder’s take the palm, M.sp for millinery and costumes. Inspection eprflially invited.— Advt. No more grinding of teeth with WADE'S WORM FIGS. For Bronchial Coughs, take Woods’ Great Peppermint Cure 1/9, 2/9 Don’t leave the lightness and diI roßtibilitv of your ficones and cakes to ehanre. Use SHARLAND’S Baking Powder it, ia boijpd to rise. Shine your tan shoes with “TAN-CL” brilliant polish that won’t rub off.
A lino of nursing corsets in all sizes may be bad at Airs J. Lloyd s. At a meeting of the Grey County Council yesterday Air M. Keating was appointed County Clerk. There were six applicants. Aiessrs W. Jeffries and Co. offer in this issue a renewable lease of 152 acres and run of 5000 acres, with 50 head of mixed cattle, at £750 for the lot. Particulars on application. [ At tho sale of the Fair Estate, in the , Kairanga district, Palmerston North, two sections, 92 acres 3 roods 13 perches and 82 acres 3 roods 20 perches, nere sold to Air C. W. Turner, Kairanga, for £136 and £l3B per acre respec
“I went to Samoa as a journalist, and I came back feeling more like a missionary,” remarked Dr Guy Scholefield in his address to the members of the New Zealand Club yesterday. “We could,” he added “probably make money out of Samoa by doing what the Germans did, hut making money is not everything. I sincerely hope that I have been able to convert one- or two to the missionary spirit in which I hope you will approach our Pacific problems in future.” (Applause.) Special purchase of ladies’ untrimmed straws, great variety, 7s 6d, 12s 6d, 15s, 17s 6d; new costumes £6 10s, £7 10s, to £lO 10s; woollen sports coats 39s 6d, 755, to 955, now showing at Addison’s. —Advt. Grocers, listen!!! “In every sense of service that thou renderest thou thyself are being served” (Browning). Therefore, push ‘‘KEEP SAIILING’ Boot Polish at 8d per tin.
For Children’s Hacking Cough. Woods’ Great Peppermint Cure 1/9, 2/9. Every mother is more than pleased to have her hoy appearing in a nice new suit, bought at Schroder’s—where you can get at less than usual cost. Now is your chance for the holidays,—Advt.
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Hokitika Guardian, 16 April 1920, Page 2
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1,683Untitled Hokitika Guardian, 16 April 1920, Page 2
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