AMERICAN ITEMS.

Hokitika Guardian, 22 November 1920, Page 1

AMERICAN ITEMS.

(jteutef’s Telggrafn.) I , A |?APAL FEAR. NEW VPIIK, N,oy 19. The Chicago . “Tribune’s” Rome cor respondent learns from the highes sources at the Papal jboujrt tljat fo months Pope Benedict feared an earl, •! outbreak of hostilities between Japaj and United States, and lias been mak ing every effort to postpone the event uality. THE CHINESE FAMINE. NEW yORK, Nov. 19. The Chicago “Tribune’s” Tientsin co: respondent states American and Britisl relief expeditions are conferring at 1 e king and agreed it would be unwise ti feed any part of starving China unless the food supplies are continued unti the harvest time. Mr Crane (Ameriear Minister in China) declared can barely scratch the surface. Observer.declare if five per cent, of the twenty million starving are saved, they will consider it a great accomplishment hut it is not believed that more than 1 per cent will bo succoured. The crops n the starvation region have failed lor two years in succession due to gra-s hoppers and drought. THE FIGHT IN AMERICA. v NEW YORK, Nov. 20. 'The “New York Times” Washing- ' (Republican Minister elect) in a speech before the American Engineers’ Council, declared that one of the great conflicts in the distance is that between the employers and organised labour. Mr Hoover advised an expansion of the Federal and other Labour exchanges to find occupation for seasonal workers. He suggested collective bargaining, with a varying level of wages, to ho fixed by the workers in accordance with the skill of the worker. He added that there would be but little outcry against the closed shop if it were for the purpose of increasing production by offering to the employer the full value of the workers mind and effort. ANOTHER MOVE AGAINST JAPAN. NEW YORK, November 20. Speaking at Austin, Texas State, Senator Bledsoe announced his intention to introduce legislation patterned after the Californian law, designed to prevent Japanese from acquiring ownership of land in Texas. Senator Bledsoe added that negotiations for the establishment of a Japanese colony in Rio Grand Valley were in progress' and he would make every legal effort to block this undertaking. AMERICAN WOOLLEN TRADE. NEW YORK, November 21. A Boston commercial .bulletin states the wool business in American markets this week ,has been less active, although there has been some business done in a moderate way. The woollen goods market is still dull and unsettled. There is an announcement of cuts in prices by wholesale clothiers. This is taken as a good omen. There is talk of early tariff action which has also encouraged the woollen goods somewhat. N. Z. MEAT IN AMERICA. NEW YORK, Nov.' 19. !. The Northumberland has arrived here from Wellington with 162 thousand lamb, and twenty-five' thousand sheep carcases. Two other- cargoes of New Zealand meat arc clue in a feuweeks time in the Matatua and Port Curtis. It is expected that the finest lamb will he sold at from 28 to 35 cents per pound retail. CHINESE FINANCE. NEW YORK, Nov. 21. Mr J. P. Morgan and Coy. have issued a summary of the Chinese consortium agreement. The consortium will last five years unless terminated sooner by a majority of the parties. Loans will be made only to the ( Chinese Government or the provincial governments. will be granted by all the banking groups within the consortium, who will make no other bonus. The loans will he on equal lines, each undertaking to liquidate its own agreements.