CABLE NEWS.

Hokitika Guardian, 28 October 1921, Page 2

CABLE NEWS.

BRITISH * FOREIGN (TEWIsT

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. A A DIVIDEND. LONDON, Oct. 26. The New Zealand and Australian Land Coy have declared a dividend of four per sent, tax free. AUSTRIAN ARRESTS. VIENNA, Oct. 2G. Archduke Stephen Friedrich has arrested in connection with Karl’s coup. General Lekar escaped. FORT BLOWN UP. ROME, Oct. 26. Forest fires at Oado in the province of Genoa, spread during the night to a line of forts, one of which blew up, many persons being killed. SOLDIERS’ GRAVES, j LONDON, Oct. 26 ! A reward of two francs, which at the present time are worth less than ninepence half-penny, will lie paid for each Australian soldier’s body recovered on the battlefield. This decision is the result of a meeting of the Anglo-French ' mixed commission which emphasised j the necessity for uniformity of the Allied reward in those areas where the fighting had s* damaged the soil that : peasants will not return to live thereon. Consequently there is no chance of recovering the bodies unless a special i investigation is undertaken.

A BANK’S FINANCE. LONDON. Oct. 26. The management of the National Co-operative Bank, which hs not connected with the banking department of tbe Co-operative A\ holesale Society, announces there is ample margin, after fully paying holders current deposit accounts, nearly all bonds, providing tbe Banks capital are held by one wealthy man, who financially is most sound. GAMING ACT DECISION. LONDON. Oct. 26 The bookmakers’ position is considered ambiguous. They fear the possibilitv of the Gaining Act being successfully pleaded if they seek legal recovery of sums paid by cheque. BRITISH NATIONALITY. LONDON, Oct. 26. In the Commons, Lord Harmswonh in reply to a question, said 'lie proposals approved by the Premiers Conference for amendment of the British Nationality and status of the Aliens A--.t 1914 had been submitted to the Governments of tho Dominion and India On receipt of their replies he hoped to introduce a Bill embody mg the proposals.

B&rWSH POSITION. LONDON. Oct, 26. The House of Commons rejected, without a division, the Labour 1 arti s amendment to the increase in the allowances under the Unemployment Dependants’ Bill. This action aroused heated protests from the Labourites. Mr Jack Jones and Mr Mill Thorne both refused to withdraw alleged disorderly expressions, and were ordered to leave the House, which they did, and they were followed by nine other _ Labourites. . Mr. H. H. Asquith, speaking at „ Tmnbridue Wells, stated: The Government’s expenditure on unen 'P lo Y' ment, in its profigacy and wantonnesS has been unparalleled in the historyof this or any other country. Dealing with unemployment, he said the firstsolution was that the Allies should wipe out their indebtedness to each other. The second solution was to revise the whole scheme of indemnities and reparations.

FIJI FINANCE. SUVA, Oct. 2/. Tho Fiji Legislative Council was opened ths n.onuig The (pernor * address expressed pleasure that the Indian strike had ended He was■ pto«e d the immigration of Indian, labour from India was resumed. He referred to u direct steamship) service to England as benefiting Hie colony, and. forcing a closer link between the Mother Country and its Pacific colonies. Owing to financial stringency a th ing service would not be adopted for the present. The census showed a decrease of Fijians to about- three against seven in the previous census. In© Indian population had increased, and showed the disparity in the sexes had nearly disappeared. The repatriation of Indians durng 1921 cost £131,443 and with' the extra heavy cost of settling soldiers, etc. the colony is faced with a deficit of £217,000 at; the end of tho current year. The Secretary for State had agreed to lend the colony £200,000 at the bank rate. It was estimated the expenditure would be £507,000. The Budget provides tor _ increased revenue by a reduction of exemptions under tho income tax and a. revision of the customs tariff, Including a re impost, tion of a duty on foodstuffs, which was remitted at the beginning of this year. Tho principle of preference to British goods is being introduced for the first time. It is proposed to spend £40,000 on the new Government House. LONDON MARKETS. LONDON, Oct. 26. At the tallow sales 401 casks were offered, and 152 were sold. Fin© mutton sorts declined 2s; others were unchanged. P. and O. shares are £330 to £350. At the mixed Wool sales, there was a better all round selection, and merinos drew very good competition, both from the Continent and Yorkshire. The latter was particularly keen and prices were very firm, tending upwards. There was strong general competition for medium and low crossbreds, and prices were harder.

GREAT AVIATION VENTURE. LONDON, Oct. 27 A commercial airship service is being promoted between Cadiz and Buenos Ayres, involving five-thonsund-mile non stop flights by Zeppelins. They are to be in Mated with helium, in order to minimise fire risk. N.Z. FOOTBALLER. LONDON, Oct. 26. Saxon, a New Zealander, is playing regularly in Cambridge Rugby Union team. GERMAN CABINET. (Received This Day at 9.40 n.m.) BERLIN, ‘Oct. 26. Herr Wirth’s Cabinet is practically unaltered. Dr Rosen is dropped, and Wirtli takes the portfolio of Foreign Affairs temporarily,