BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 27 April 1921, Page 3

BRITISH & FOREIGN ITEMS.

CABLE NEWS.

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. > FRENCH DETERMINATION. TO MAKE GERMANY PAY. LONDON, April 27. {Received This Day at 1.5. p.m.) M. Briand in the French Chamber, said he had acquainted Hon. Lloyd George with the military and economic penalties which French experts had Jk decided upon. Though the conversations were not official, they produced a most satisfactory result. “I have too much confidence in the loyalty of United States to suppose that America would do anything against the interest of her Allies” Amid lond cheers, M. Briand said all our arrangements have been made for Ist. May. Everything indicates that Germany does not recognise she is defeated and she continues to arm her forces. At the London Conference I will strongly demand that France he paid. A vote of confidence in the Government, was parried by 424 to 29. SPEAKER RETIRES. (Received this day at 12.30 p.m.) LONDON, April 26. Hon Lloyd George moved to convey the thanks of the country to Sir J. Lowther on his resignation of the Speakership; that an address be presented to the King asking him to maik Sir Lowther’s services.

PRICE OF WOOL. < Received This Day at 12.20 p.m.) LONDON, April 26. The newspapers publish the Sydney Fanners’ and Graziers’ Association’s decision that the average price of woo] should not he less than one shilling per pound. The wool trades consider this unattainable in the present position of trade and the limited purchasing power of the Continent. They reconsider growers ought to be well satisfied if they receive the pre war average of about ten pence, ITALIAN TROUBLE. (Received this day at 12.30 p.m.) ROME, April 26. Arising out of the murder of Fascists considerable rioting occurred with Comiminsts at Turin, several persons being killed or wounded on cither sides and the labour exchange, a colossal building in the centre of the town, was burnt down. ADDITION TO CABINET. (Received this ejav at 1.30 p in.) LONDON. April 26. Hon. Lloyd George Ims invited Mr Gordon Hewart to join the Cabinet, in recognition of his eminent service®. The offer has been accepted.

GERMANY’S OFFER. (Received this day at 1.30 p.m.) BERLIN, April 26. The note sent to America on the twenty-fourth, offers to assume a liability of fifty milliard gold marks and to pay this in annuities, dependent mi Germany’s capacity of production. Iho grand total of payments, however, must not exceed two hundred milliards, which is 50 milliards with compound interest, spread over forty five years. Germany is also willing to co-operate in reconstructing the devastated area and to immediately place at the disposal of the Reparation Commission one mill iard gold marks, of which 150 millions will lie gold and silver, and 850 in hills oi exchange on the Treasury, which will he paid later, in portion with paper money. Germany is prepared to take over the Allies’ debts to United States.