GENERAL CABLES.

Hokitika Guardian, 12 October 1920, Page 1

GENERAL CABLES.

AUSTRALIAN & N.Z. CABLE ASSOCIATION) TRARE FACILITIES 'REQHIRED. LONDON, October 7. M, Krnssin lias sent a letter to Mr Lloyd' George, detailing at great length Russia’s requirements in manufactured goods and raw materials, and urging the speediest completion of a trade agreement. He points out that vast orders for locomotives and other railway materials could he placed in Great Britain, also orders for engineering, machinery, tools, motor-lorries, electrical appliances, chemicals, medical supplies, and textiles. Apparently, the Bolsheviks’ effort to finance, a gold operation at Reval Jailed The Soviet no longer proposes to pay in gold, hut promises produce and goods, gold being merely deposited at Reval as security for 'a loan from English banks. Only in the.event of goods not being forthcoming in a year could the gold at Reval be employed. This arrangement is not favoured by English financiers. THE VENICE TRAIN DISASTER. LONDON, Oct. 10. The “Daily Chronicle’s” Milan correspondent states the Venice railway disaster was much mqre serious than at first reported, excluding the corpses recovered, other passengers were hurled into the sea and drowned. No help was forthcoming for several hours, the passengers having to walk three miles to Venice to convey the tidings. , At a preliminary inquiry, it was stated that the. signalling apparatus was rusted and worked imperfectly. The signalman was intoxicated and the signal lamp at the rear of the train, was so obscured by filth that .the driver of the train hound from Trieste to Rome could not distinguish the colour, when only a few yards, distant. MONKEY BITES KING OF GREECE. ATHENS, Oct. 10. The King was bitten by a pet monkey a few flays ago and intestinal jaundice is feared. Blood poisoning has supervened, and his condition is causing anxiety. PEACE IN PORTUGAL. ..-LISBON, Oct, 10. The country, is. nowf Calm and the rail* ways are.resuming running. ITALIAN SLUMP. ROME, Oct. 10. . A general slump in securities followed the decision 'of. Fiat Company to close their workshops on the grounds that the present scheme of working is, impossible. The decision is reflected in the money market. The lire is quoted at ninety per pound sterling, compared with thirty-five a year ago.