GENERAL CABLES.

Hokitika Guardian, 12 July 1920, Page 3

GENERAL CABLES.

f AUBTIIALIAN .iV N.Z. OAHI.K 'SHOCJATIO.N 1 JAPANESE SHIPPING INTERESTS. (Received this day at 8 a.m.) TOKIO, July 9. Government informed the interpellntors that Japanese shipping interests must protect themselves in the event pf tlie new American shipping law being uniavoiirahle to them.

THIRD PARTY AND LABOUR. I (Received This Day at 8 a.m.) NEW YORK, July 9. Organisers at Chicago of the Third Party are making strenuous efforts to have the National Labour Party join the movement. Thus far the Labour Party are not unfriendly, but are holding aloof until the Third Party can give it, a definite assurance concerning the platform and candidates. ARRANGEMENTS WITH SOVIET. (Received this day at 8 a.m.) OTTAWA. July 9. Alembers of a Canadian syndicate which obtained contracts valued at six million dollars from the Russian Soviet Government announce that tlie question of credit was satisfactorily arranged and they are now completing arrangements for carrying out their obligations, BRITAIN AN 1) ARGENTINE. (Received Day at 8 a.m.) BUENOS AYRES, July 9. The British Government- has made arrangements to liquidate its $100,000,900 debt to Argentine, by meeting periodically the interest on Argentine’s external debt, held in London. Britain lias already liquidated half of its debt by paying off $50,000,090 of obligations which Argentine owed United States hankers.

AIINERS’ DEMAND RESISTED. (Received This Lay at 8 a.m.) LONDON, July lilt is reported that Government are determined to resist the miners’ latest demand for a further 2s per shift, because it is necessary to reduce the cost of living, which high wages are keeping up. AIESOPOTAAIIA DANGER. (Received This Day at 8 a.m.) LONDON, July 11. The “ Sunday Express ” states the Bagdad garrison are cut- off by an Arab revolt in Sernavn, and advocates a British withdrawal from Alusopotamia, where a permanent occupation would cost £40,000,000 annually. CHINESE DANGER. (Received this day at 8 a.m A NEW YORK, July 9. The “New York Times” Poking correspondent reports the situation is growing serious, as the result of contests between the militaristic party and the anti-militarists. It is understood Anpus will send forces to Peking, and the President, may he imprisoned in the Palace. It, is thought fighting is now inevitable. Wealthy Chinese are taking their valuables to the Foreign Legations and are refuging in foreigners’ hotels and hospitals. Others are fleeing to Tientsin. JAPANESE NEWS. (Received Tins Day at 8 a.m.) TOKIO, July 9. The Diet received a petition signed by six hundred Koreans, asking that Korea he given representation in the Diet. SWISS EIGHT PER CENT LOAN. NEW YORK, July 8. A $25,000,000 Swiss loan was offered on the local market at par, at eight per cent interest, and was absorbed within twentv-fonr hours.