BRITISH & FOREIGN ITEMS

Hokitika Guardian, 7 July 1921, Page 2

BRITISH & FOREIGN ITEMS

CABLE NEWS,

j AUSTRALIAN AND NiZ. CABLE ASSOCIATION. I J GRAECO-TURK WAR. LONDON, July 5 Constantinople messages report that the Kenialists (Nationalist) Turk ! forces have occupied nearly the whole of the Ism id peninsula. Some Turks have even entered the neutral /one, thus threatening Constantinople. ALLIED MOVE. CONSTANTINOPLE, July 5 It is reported that at a private meeting of Allied High Commissioners here they discussed the question of asking Ron mania to send sufficient troops to defend the city if necessary against the ’lurks. OPPOSITION OF FACISTS. ROME, July 5. 1 The new Italian Ministers are comparatively unknown here. They are ' considered mediocre politicians. Catholic members held three portfolios. The Premier, Signor Bonomi has a majority of G 5. His task is a difficult 1 one owing to the Nationalists and Fae- / ists being in opposition to him for th e part Signor Bonomi has played in connection with the Rapallo agreement ' and the ejection of D’Annunzio from Fiunie, 1 UNION BANK DIVIDEND. !l ' LONDON, July 5. 2 The Union Bank of Australia has declared a dividend of 15 per cent, tax free. The sum of £120,000 is boing added to the reserve, and £8305 earried - , forward.

SPANISH POLITICS

MADRID, July 5.

The opposition,- Headed by the Conservative leader, Senor Maura, that has been shown to the expenditure of £00,000,000 involved in a great schen% for national reconstruction, recently submitted in tho Spanish Chamber by tho Minister of Works, has resulted in the resignation of the Cabinet. The scheme was chiefly for tho expansion of railways and other public works. N.Z. LOAN. LONDON, July 5 Mi Massey says lie is satisfied with l’.e result of the New Zealand four millions loan He points out it is at (5 per cent, whereas there are others at (-V. He says an attempt has been made to “bear” the loan, but failed, and it | was now at a premium. LONDON. July 5. In the House of Commons the Chancellor of the Exchequer announced a now issue of five and a half per cent Treasury bonds at 97 per cent maturing 1929. The holders of five per rent Exchequer and War Bonds maturing in the ensuing three years are invited to convert to the new issue. MORE LOANS FOR AUSTRALIA. J| LONDON, July 5. J New South Wales and Western Australia are floating loans simultaneously, but not jointly. The former is for £3,000,000 and the latter for £2,000,000 Each State is issuing a separate pros pectus. The object of the simultaneous flotation is to avoid clashing with other pending issues. WAGES REDUCED. LONDON, July 5. The Portsmouth Industrial Court has reduced the dockyard workers’ wages by three shilling's a week in July, and by another three shillings in September, with proportionate piece rate reductions also. PIANO WORKERS’ PAY. LONDON, July 5. Teii thousand piano .workers * have signed an agreement for a 47 hours week, and for two shillings per hour for craftsmen, until the cost of living falls below 100 per cent above pre-war costs. COST OF MOBILISATION. LONDON, July 5. The military and naval measures taken by the Government in connection with the recent coal strike—in Britain, cost £8,855,000. It is computed that 70,000,000 “working days” were lost through the strike. BIG ROW RESULTS. J LONDON, July 2. (Delayed) The Havas Agency, in a message from Oppeln, states that- the Poles and Germans continue retiring in Upper Silesia in an orderly manner, from their respective territories. Local militia is being formed to maintain peace. ■ The “Allegemein Zeitung” reports that Allied troops, mostly British, yesI terday marched into Beuthen, and ! were acclaimed by the populace,- but when the people began to sing patriotic songs the French guards attacked them with rifle butts. Some shots were fired, and afterwards a French Major was killed. Several French soldiers were wounded. The French then got out of control, and attacked a crowd. Several women and children are reporjtedl to have been killed in the melee. _ fr Twenty citizens, including the firsts and second burgemasters, have been arrested as* hostages. WAS DEMONSTRATION HOSTILE? July 5. Another report of the Beuthen incident says that while the French troops were entering the, town,, the German inhabitants made the demonstration. In the course of it the . French Major was fatally shot with q s revolver. The Anglo-French troops then dispersed the demonstrators" two of whon\ were killed and several injured. ’ jjf OOMMERCIAL. LONDON, July 5 Government have reduced wheat prices by ope shilling. Australia is 755. Dnlgetv debentures are quoted at m