GENERAL CABLES.

Hokitika Guardian, 3 December 1920, Page 1

GENERAL CABLES.

AUSTRALIAN & N.Z. CABLE ASSOCIATION]

PREMIER .ON OUTLOQK

LONDON, December 1

Mr. Lloyd George, speaking at a meeting of the Federation of British Industries, said it. was helpful to meet organise, d. business men and labourites. Ho would rather meet, organised than disorganised labour. There was no doubt that a time of serious depression was coming. Europe was like a man in rags and tatters standing before our well-stocked windows. Europe’s pockets were full of paper money, but could not pay for what it wanted. It was essential that our customers should regain their prosperity. The Government did not desire to interfere with trade. The less interference there was the better. It was also essential to cut down public expenditure to a minimum consistent with national security and efficiency, but eoonomy should be made a means for discrediting the Government. “I am. convinced,” he said, “that the strength of Britain will sustain us in passing through the struggle ahead.

ATTACK ON D’ANNUZIO. ROME, Dec. I. It is understood the Italian Government are jAeparihg to 'deal finally with Signor Gabrielle D’Annunzio ruler of Fiuine. The Government are concentrating troops at Tristo and Pola in order to isolate aald besiege the city of Fiume.

A PROPERTY DISPUTE. LONDON, Dec 1

Judge AstWry has granted Collingwbod (whose case Was cabled on the 19th of November) an injunction, strain ing Petty from trespassing. Astbiiry pointed out the will disposing of the property had been proved in open court. Petty’s claim was idle and ridiculous. He advised him to leave the property alone, or ho might got into trouble.

THE SCULLING CHAMPION. LONDON, Dec. 1. Ernest Barry had a rapturous reception at, Twickenham including a torchlight procession from Richmond Bridge headed by the King’s watermen in full regalia, by permission of King George. Local watermen dre.w Barry’s carriage to, the Town Hall where ex-King Manuel, who is the local president, presented him with a silver plate in the presence of tho leading amateur and pro fessional oarsmen.

Barry replying, said the Australians looked upon his visit as a sporting one and, gave him the greatest reception in his life.

KAI SElt ’ SPRIV ATE WEALTH. LONDON, Dec. 1

Mr Bonar Law, in the House of Commons, said that he understood tjiat the ex-Kaiser has received fifty million marks from Germany since January--1919. This came largely .from the sale of his Berlin property. The attention of the Allied Reparations Commission had been drawn to this matter. The Allies were watching events, including the possibility pf such funds being used to restore the Hohenzollerns. BERLIN, Dec. 1. The ex-Kaiser’s claims total a hundred thousand million marks. They include 18 millions compensation foi loss of the civil list; 103 millions for lands, valued tit thirty millions; also one hundred million for the Sollische picture gallery, belonging to the State.It is estimated that if the claims ar firlly paid, the. Kaiser’s yearly incomiwill be thirty million marks more than when he occupied the throne.

FULL PROJECT FAILS. L'ONDON, Dee. 1. The . “Truth” newspaper state: — “The directors of a carbonising company, which was formed in 1912, to utilise the Scottish peat for fuel, now purposes to wind up Its affairs.” The paper says- “Hundreds of thousands sterling have been lost. Mr A. J. Balfour, the ’member of the Cabinet, whs the largest individual shareholder. He invested nearly sixty 'thousand sterling. His brother, .Gerald, who was chairman of 'the compaiiy, was also a large sliadeh older,

“MONTH wells. PARIS, Dec. 2. ‘Monte Carlo” Wells who is now seventy-eight years of age is again in the limelight of the lawcourts. After he defrauded the public of £32,000 sterling by a scheme warranted to pay one per cent, daily on all investments ,Wells put the money into an annuity, bringing in 80,000 francs. The creditors demanded this, but Wells threatened to commit suicide and so end the annuity unless allowed to keep enough to live on. The creditors have now agreed to give Wells £260 sterling per year, and the Court assented to the arrangement.

OBITUARY. LONDON, Dec 2. Lord Rossborough died suddenly at the Birmingham Hotel.' He collapse during a speech* at'a'public dinner. AUSTRALIA’S SURPLUS WHEAT. MELBOURNE, Dec. 2. It is reported the Wheat Board has made -substantial sales of new seasons wheat at an average of 9s per bushel > f.o.b. According to another report the whole exportable, surplus lias been sold at a satisfactory price. Mr Hughes refused to confirm or deny the reports, but another Minister denied the whole surplus was sold. TREASON CHARGE. (Hccoived This Day at 8.40 a.m.). LONDON, Dec. 1. Six Irishmen were arrested at Glasgow charged with treasonable conspiracy. The police found irt "their houses gelignite, gunpowder, detonators, hand grenades, revolvers and ammunition and Sinn Fein documents.