MISCELLANEOUS ITEMS.

Hokitika Guardian, 27 August 1920, Page 3

MISCELLANEOUS ITEMS.

[PER PRESS ASSOCIATION. COPYRIGHT.) SERBS AND ALBANIANS. (Received this day at 9.30 a.m.) LONDON, Aug. 25. The Serbian Government has sent a strongly worded note to Albania in regard to recent attacks on the Serbian frontier troops. Bands which have headquarters at Rushtukula, are completely out of hand and are preparing for a big attack on Serbs.

TO RAISE ISLAM. (Received this day at 9.30 a.m.) BERLIN, Aug. 25,

Enver Pasha left suddenly for Moscow, where ho is carrying on an agitation to raise the whole Mohammedan world against Britain.

AUSTRALIAN TRADE. , (Received this day at 9.20 a.m.) LONDON, August 27,

Stuart McGregor’s report to Government on trade with Australia, in 1919 is published. It is largely the same as already cabled. Ho adds that it is probable the full effects of the war expenditure will not be felt in Australia for about another two years. Although ready money is plentiful and apparently freely spent \on amusements and luxuries, no doubt the high prices of necessary comodities are having a refittractive effect on consumption.

TRADE DANGERS. (Received this day at 9.30 a.m.) LONDON August 25. Doctor Clapham President of the Economic section of the British Associain. his address, predicts a commercial and industrial slump, more certainly in United States than Britain. If America, remains a creditor nation she must arrange to- buy more outside, but her political processes probably will be too slow to enable her to adjust her policy before the slump occurs. Britain’s position is better, provided customers continue offering but the uncertainty of war damaged the nations and so causes anxiety. The chief combatants except, America, and Britain are far from able to pay their way. LONDON, August 25.

Dr Clapham said if the combatants had done, what Britain had done, adjust the trade balance within a resonahle time and so avoid a renewal of special credits the slump would have come, not as an international crisis, hut as a gradual decline. When the present abnormal- demand for goods ceased there Is a reasonable fear in view of the complicated, dangerous currency position in many countries, and uncertain political economic future of central and eastern Eu-rope,-that a genuine crisis distinct from depression may occur, with a bad spell of unemployment. It would be the more dangerous because of the high standard of living to which the people are becoming accustomed.

AIR MINISTRY REQUEST. 'Received this day at 9.20 a.m.' ' LONDON, August 25. The Air Ministry is asking all exofficers of the air force including two. thousand colonials, to forward tlieir names and addresses in order thalt their commissions may be sent to them. MacKenzie is representing the New Zealand Government unofficially, leaving England on 6t.li September at tbe International Finance Conference fixed to be held at Brussels on 24th-Septem-ber.