AMERICAN ITEMS.

Hokitika Guardian, 8 December 1920, Page 2

AMERICAN ITEMS.

(Reuter’s Telegram.)

PRESIDENT-ELECT OVATIuNED. WASHINGTON, Dec. 6.

The last session of the 66th Congress of the United States opened with an ovation to Senator Hording,.the Presi-dent-elect, who took his Senatorial seat, and spoke as a momber of that body. The President-elect said that he wished to have the co-operation of Congress, but he, pointed out that three months of Democratic rule still remained. He hoped that the Senate and the House would* help to make it fruitful, and would unanimously recognise that there were no party ends to serve. ARMENIA AND AMERICA. (Received this day at 8 a.m.) WASHINGTON, Dec 6. A resolution was introduced into the House of Representatives giving, notice to the League of Nations that Mr Wilson’s acceptance of any functions, either alone or in conjunction with other Governments, must not be construed as obliging United States Government to use forces or treasure for an ypurpose whatsoever in Armenia. The Spanish Ambassador had informed the State Department of Spain’s willingness to co-operate with Mr Wilson in any way possible to ameliorate the Armenian situation.

THE BANK STRINGENCY. (Received This Day at 8 a.m.) NEW YORK, Deo 7. Twentv-four banks have closed to date. The State bank examiner declared the situation will not be relieved until farmers begin to sAll grain. The hanks will he able to meet their obligations only when the farmers begin to liquidate the debt. The constant drain upon the banks created by farmers refusal, to sell, is depleting the reserves necessitating their closing. CANADIAN CROPS. (Received this day at 8 a.m.) OTTAWA, Dec. 7. It is officially estimated that the Canadian crops for 1920 are valued at 1,636 million dollars.