BRITISH 4 FOREIGN ITEMS

Hokitika Guardian, 4 January 1922, Page 2

BRITISH 4 FOREIGN ITEMS

%UaTItAJ-IAK AND N\Z. CABLE ASSOCIATION A VESSEL SUNK. i RUMOURS OF LOOTING. STOCKHOLM, January 1. The Soviet ice-breaker Vinga sank the Esthonian ship Sarema in the Gulf 1 0 f Finland. Twenty-three were drownI ed. i Replying to the Esthonian Govern- | incut’s Note the 'Soviet Government i blames the capita in for navigating j without lights, but it is rumoured that J the Sarenia- was looted and then sunk. 1 LONDON’S POOR. j LONDON 1 , January 2.' / The Church Army treaty 3000 poor j children in 20 London districts to a Christmas dinner, from funds subI scribed by New Zealand schools. The i Shaftesbury Society and the Ragged Schools Union are giving a dinner on Tuesday to 1200 London school childrjen from funds subscribed from | Queensland.

lIUNGaRIAN MONARCHISTS. VIENNA, January 1. The Monarchists at Budapest made noisy demonstrations in the street on Friday, the anniversary of Karl’s coronation. Monarchist deputies also created a rowdy scene in the Parliament. RECORD DROUGHT IN ITALY. ROME, January 2. The drought in Northern Italy is the worst for three centuries and is affecting undertakings dependent upon water power, compelling them to restrict output Milan’s electric lighting services are reduced, and theatres are closing two nights weekly to economise in light

A BOMB OUTRAGE. BERLIN, January 2. A bomb was thrown into a crowded market place at Dinkensbuehl in Bavaria, wounding iifty persons. Twenty are in a serious condition CHINESE FLOOD DISASTER. NEW YORK, January 1. The Episcopal Department of Missions has received a cablegram from China stating that the Yellow River had overflowed, flooding big areas in and wiping out towns. One thousand people were drownod. BRITISH REVENUE. LONDON, January l. The nine months’ revenue amounted to £676,831,000 whilst expenditure was £7311,999,000 a deficit of £153,159000 Revenue decreased £102,899,000. The chief decrease in revenue was in stamps, £7,420.000 and Customs £2848 000; profits duty which are inoperative (except arrears) £126,640,000. Chief increases were: Income tax £16,818,000 and corporation profits tax £19,290 000.

BUTTER PRICES FALLING

LONDON, January 2,

Free butter continues to decline. New Zealand is quoted at 125 k to 130 s Australian salted 110 s to 112 s. Owing to the holidays and slow discharge, only limited quantities were marketed. These wore rapidly cleared as there was good demand at reduced retail prices.

Further reductions are probable and they will stimulate the demand. Already the consumption of margarine has greatly diminished.

The trade is anxiously awaiting tho Australian and New Zealand Government’s replies to the proposal that the Australian and New Zealand Governments should purchase the British Government’s stocks at 100 s per c wt for New Zealand and 48s pe r cwt for Australia, and hold it till the autumn if necesssarv.

Cheese is quiet. New Zealand is quoted at about B®s.

naval personnel. LONDON, Jan. 3. The London “Daily Telegraph,” on high authority, states that Sir A. Gcddes’s economy committee intends to recommend a reduction in the naval personnel by-'35,000 officers and men. The “Telegraph” declares that this decision will cause consternation throughout tlie Dominions, in view of the reductions the Admiralty have already made, tinder the constant treasury pressure, and states that the pres nt personnel is insufficient +•> adequately man a small effective fleet retainable under the Washington agreement. A further reduction will “expose the country and her sea-borne commerce to the gravest risks.”

FRENCH SENSATION. PARIS, Jan. 2. i A reign of terror has been estahlish|cd in the town of Tulle, owing to j wholesale anonymous . letters, which have continued since August. At least 100 letters, signed “The Tiger’s Eye,” have been pushed under the doors of houses, accusing husbands or wives of adultery. The cases and details are so circumstantial that homes are being wrecked. Two men have gone mad owing to their anxiety. i Big rewards are being offered. Special Parisian detectives are engaged, but they have failed to trace the writers, who apparently belong to a gang. AVIATION. WHAT IS REQUIRED. LONDON, Jan. 3. The “Daily Chronicle” states that the helicopter design, for which the British Ministry is offering £50,000 j must he able to remain stationary for half an hour in a wind blowing at the rate of 20 miles per hour, and must be able to maintain a horizontal flight at 60 miles iter hour.