AMERICAN ITEMS.

Hokitika Guardian, 25 February 1922, Page 3

AMERICAN ITEMS.

kUSTBAL!A v A N I) N.Z. CABLE ASSOCIATION, j' WALL STREET SENSATION. ; NEW YORK, Feb. 23. j Four more Wall street stockbroking i firms have just collapsed within twenty- j four hours. Their failure is causing ft | sensation on the Stock Exchanges. ;

The most prominent failure is that of Messrs Kardos and Burke. The latter was formerly an official of the United. States Treasury.

Several other firms have gone bank- j nipt during tbe recent weeks, one cause being the energetic action of the an- j thorities to stamp out the so-called j “ bucket-shops,” many of which have swindled thousands of people. PACIFIC BEATY. WASHINGTON. Feb. 23. Following on a conference with President Harding, Senator Lodge has indicated that an agreement has been reached on the U.S.A. reservation to the Four-Power Pacific Treaty. It is inulerstod that the President makes a reservation, which states that nothing in the Treaty preamble or the body of the Treaty sli.nl 1 be construed j as placing the United States under any | obligation to use its forces for carrying out the Treaty; further, that the Treaty is not an alliance, and that it is subject to any adjustments made, and 1 subject also to Congressional sanctum. •Senators Borah and Johnson state that this outlined reservation is noli acceptable.

GERMAN DERTGIBLE. WASHINGTON, Fob. 23. Tlie Secretary of the U.S.A. Navy, [foil Mr Donby, has announced that the Roma airship disaster will not change tlie United States plans to purchase a German derigible.

TEX RICKARD. (Received This Day at 8 30 a.rn.) NEW YORK. Feb. 23

Tex Rickard was arraigned before the Grand Jury. Two additional indictments were returned charging him with abduction of two other girls, 13 and 14 years ot age. Bail was. increased from If),non to 25,n0n dollars.

WHITE SLAVE RING. 'Received Tills T)av ar 8.30 a.m.) NEW YORK, Feb. 23

The Chicago 'Tribune's” Hong Kong correspondent states American secret operatives arc about to disclose the j loaders of the white slave Narcotic J ring, which has been operating the Pacific for years. It is stated that American girls were brought to disorderly houses in China. The ring was also smuggling morphine and opium | into China. The headquarters of the organisation exist at. Shanghai, Hankow, and San Francisco. Arrests are | expected to take pi nee soon, and in- : elude several of the richest foreigners' in China. j THREATENING LETTERS. I (Received This Day at 8.30 a.in.’l NEW YORK, Feb. 23. Several of the most prominent of Washington society women recently received letters threatening them with death, unless they pay sums varying from fifteen to twenty-five thousand ' dollars. The letters are not of the , ordinary tvpe of anonymous _ letter. > but are written on good paper m fnuit- ’ less English.

SUFFRAGE VOTE. HONOLULU. Feb. 24. According to cablegrams from Tokio, the suffrage measures were defeated by a vote of 28 to 169.