MISCEĹLANFOUS ITEMS.
Telegram.)
CHINESE, CIVIL WAR. ’Received tuis dav at 1.30 p.tn.) PEKIN,. July 1
Civil war is still rampant in Hirnang. Southern troops occupied Yochow, The northern army leaders fied t 6 Hankow. Meanwhile terrorism by local bandits in Hankow district reached a pitch necessitating, joint action by British, Japanese and American Y.angtse squadron, which concentrated at Hangkow. BRITISH REVENUE. (Received this day at 12.25 p.m) LONDON, July 1. yrhe revenue for the past quarter was •1314,986,452, compared with £185,795,. 762 for the previous corresponding quar ter. BRITAIN'S COAL MINES. (Urn .lived This Dav at 12.25 p.m.’) LONDON, July 1.
In the Commons, in moving the second reading of the Mines Bill, Mr Iforne emphasised that there would be no nationalisation of the coal industry, but control by state and committees on whffli workers would be represented. After 31st August, the Minister will fiaye power fqr a year, to regulate pit prices, wages and the amount of exports. After that date, the National Board would lay down general principles so that rates, as far as possible would he uniform throughout the country. Thus wages would be based, not on the selling price, but on thp profits, yhp Bill provides fop an annual levy for jv*. years of one penny per ton on coal, producing a million annually, which will be devoted to the social welfare of mining communities. THE MANDATES. (Received this dav at 12.25 p.m) , LONDON, July 1.
Replying to a question, Hon Bonar Law said the mandates regarding form, er German territories in Africa and th e Pacific were being drafted for consideration by the Supreme Council. He hoped the mandates would be approved at Spa Conference and submitted to the League of Nations shortly. GOLD EMBARGO. 1 (Received This Day at 1.5. p.m.l CAPETOWN, July 1. 1 The Select Committee on the embargo of specie recommends South Africa should aim at the restoration of currency to pre-war gold basis, and proposes until gradual return to normal conditions, legislation be introduced for taking gold out of circulation and replacing it by gold certificates, such certificates to he temporarily inconvertible pending the restoration of the gold standard. The committee recommends the establishment of a centra] bank, not copetitive with existing banks, but having the sole right of issuing bank notes, centralising the cash reserve and regulating the expansion and contraction of currency. • ‘RUSSIAN rOLITICfe. (Received this day at 1.30 p.m.) .STOCKHOLM, July 1. The newspapers are publishing reports from Kovno stating there aro strong ’concentrations of tropps in the neighbqurhood t)f Koepingsberg, believ. ed to be intended for a cqunter revolutionary attack on Russia being prepared, via Lithuania and’ Lettlaud. Hie head of the movement is stated to be a Russian politician, Guisjkoff, who leads an army of sixty thousand, which anticipates shortly to be doubled. It is further reported the a representative of AVhito Russia has gon e to Paris to obtain permission of the powers to Gutsjkoff projects.
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Hokitika Guardian, 2 July 1920, Page 3
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492MISCEĹLANFOUS ITEMS. Hokitika Guardian, 2 July 1920, Page 3
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