CABLE NEWS. ALLIED ACTION

Hokitika Guardian, 10 March 1921, Page 3

CABLE NEWS.

ALLIED ACTION

BY TELEGRAPH —PRESS ASSN., COPYRIGHT. f AUSTRALIAN AND N.Z. CABLE ASSOCIATION. AMERICA’S FORCES. Washington, March 8. Although President Harding promised during the Presidential campaign, an immediate withdrawal of the American troops in the occupied regions, Mr Reed has announced the troops will re--V main for th e time being, the Government not considering the present an optime for their withdrawal, as » it is felt the Allies might misconstrue the withdrawal in view of the Allied advance into Germany. It is also thought that Senator Knox’s resolution which has received immediate attention, will be held in abeyance pending the outcome of the Allied advance. ~ GERMAN RECALL OF MINISTERS. LONDON, March. 9. Although it is generally understood that the German Ambassadors in London and Paris have been recalled, it is thought if merely is for consultative purposes. The “Daily News” Berlin correspondent states, however, that it is a sign of German indignation. It may not amount.to a rupture of the diplomatic relations, but the German Government considers that Ambassadorial relations are now inconsistent with the new situation. Tims subordinate officials will perform th ( . requisite functions. GHR MAN OPINION. LONDON, March 9. The German Chancellor, Herr Fehren- ' / bach, in a speech in the Reichstag, said: “The Allies’ sanctions are merely illegal acts of violence. The Allies have only created further embarrassment for themselves.” THE RHINE SCREW. ißeceived This Day at 9.45 a.m.) PARIS, March 9 M. Do inner has returned from London. He is of opinion that the Allied Rhine customs will be one of the most efficacious forms of correction. G ER3I AN Y CONSIHER ING. (Received This Day at 9.15 a.m.) PARIS, -March 9. The “Petit Parisian’s” Berlin correspondent says there are indications that Germany will seek to resume negotiations on a new basis. Experts are considering the Finance Minister’s new proposals. It is expected that. Von Simons will offer his resignation, which will be refused. The banks, in view of the economic penalties, are considering the transfer of deposits from Allied countries to neutrals. -Many , manufacturers have suspended exports to Western Europe. j ✓ I ALLIED CUSTOM LEVY. J • > (Received This Day at 9.45 a.m.) , ♦ LONDON, March 9 A bill lias been drafted to deal with . th levy on imported German goods. It will be examined by French, Mel- ; gian, and Italian experts, with a view to a similar measure in their respective countries. ! ■*m RHINE TOWNS OCCUPIED.. (Received This Day at 9.45 a.m.i LONDON, March 9 The Conference were notified that Rhine towns were occupied without incident. Members compared notes regarding the second sanction, relative to the action to be taken regarding the recovery . of n proportion of the payments on 'German goods. j ALLIED COMMISSION REPORT. J (Received This Day at 9.45 a.m A LONDON, March 9 The Allied Rhine Commission reported regarding the third sanction. It decided to hold Customs Receipts on behalf of the Reparations Commission. GERMAN TWADDLE. OF MIGHT AND RIGHT. (Received This Day at 10.40 a.m.) BERLIN, March 8. '? Elicit and Fehrenbach in a proclamation, protest against th,. unprecedented, unfulfillable demands which their opponents in the world war sought to impose on ourselves, children and grand children. Honour and self respect forbid our signing th 0 contract which the work of generations would not suffice to execute. The proclamation declares the occupation of further German territory is a breach of the Treaty of Versailles. They continue that they are defenceless' and unable to oppose force with force, but they can cry out so that all. still recognising the voice of righteousness, may hear right being downtrodden by might. They exhort the German people to meet foreign violence with dignified calm and lofty front, and not to provocated into a thoughtless act. but to endure and trust the Government which will not rest till foreign might yields to right. GERMAN CAPITAL. (Recce, erf this flay at 12.25 p.m) BERLIN, March 9.. There is a boom in new capital issue's, with sixty one flotations during February, with a capital of <OO million marks and 143 companies with an additional capital of 1372 million. LEIPZIG FAIR. (Received this day at 1*.‘25 o.m' BERLIN. -March 9. Leipzig fair is expecting one linn, dred thousand visitors compared wit! fifteen thousand in 1920. CANCELLING GERMAN ORDERS. I Received this dnv at 1 30 p m.l LONDON, March 9. It is reported that British merchant men are cancelling orders with Gei man firms.