BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 17 October 1921, Page 2

BRITISH & FOREIGN ITEMS.

CABLE NEWS.

ACSIIULIAN AKB N.Z. CAni.K ASSOCIATION. TttK KAISKR’S FLVaNC'K (Received This Day at 8 st;iil:! AMSTERDAM. Otiikr I<l>. A statement issued on behalf of the ex-Kaiser dealing with his financial position, states the Prussian GoVernment have seized all the Hohenzolleni family’s private pnipMrlies. Mtiiiiwhilrjfc.. « tin! Kaiser is living on money sent g from Germany, which was converted into Dutch currency at a low rate of exchange. The Kaiser has heeh forted to economise and furtiict ffiiiuoh llih Staff at Doom and to refuse a ieqnhst from former courtiers and others for relief.

HUGE GERMAN TRUST (Received ,TUis, Day - i-ONDON, October 16. A correspondent of the “Observer” states that Stinnes is organising a vast trust aiming at the control of every German industry turning the state into a powerful business combine, which will retaliate against any country discriminating against German goods. For instance, if a country keeps out German electrical goods, the trust will he refuse to purchase anything from that country supply it with othet Gfirinnil goods essential to it, GERMaN ENTERPBISK. (Received This Day at 8 a.ifi.) LONDON. OctoW . 16. lisrlin information states Stiililcs’ chief newspaper the “Atlgenieine Zeitung” says private enterjsrijf must take over thb.management of conpeynj which, have! hitherto, lieen administered by the State or public bodies. This supports current rumours that the Stinnes trust is arranging to take over the State railways, post office and other public services, placing them on a paying Ixi.sis, and relieving the State of huge deficits. The Post Office’s annual deficit amounts to four milliards of marks and the railways to fifteen milliards.