BRITISH AND FOREIGN ITEMS.

Hokitika Guardian, 15 June 1922, Page 2

BRITISH AND FOREIGN ITEMS.

AUSTRALIAN A Nil N.Z. CABLE ASSOCIATION. AUSTRIAN FINANCIAL TROUBLE. VIENNA, June 13 There is panic on the Bourse at Vienna owing to a rise in the exchange rates against Austria. The Workmen’s Council have passed a resolution affirming that, if the Entente will 'not help Austria., then Germany must he asked to found a note—issuing bank for Austria, which hank could take over any obligations to exchange the. Austrian Crown into marks at fixed rate, Germany, at the same time, granting a loan of Austria of eight milliards of marks to cover the Austrian deficit,

VIENNA, June 14

Owing to the fall in the value Of the Austrian kroner) the price of meat has increased from 3,000 kroner per kilogram in May to 10,000. The sugar price has increased by 700 kroner per pound, and coffee by 7,000 kroner per pound. A single tram fare now costs 150 kroner, and taxi fares are 15,000 times what they were before the war. "The Neues Wener Tageblatt” declares that there are only three [wssiblo Solutionsviz (1) immediate help from the Allies; (2) union with Germany; ot (3) social chaos, which will furnish the impetus for' an earthquake throughout Europe.

RUSSIAN FAMINE MASTERED. LONDON, June 14

The American Relief Administration in Russia are now feeding 7,000,000 Russians in the Volga Valley. The Americans’ work is tepidly extending, and the famine is now .under control until the next crop. One hundred and twenty thousand tons' of food have reached the famine areas last month.

TURKISH MASSACRES. DE-

nounced

LONDON, June 14

The Oeumenicnl Patriarch at Constantinople has sent a inessa-gc to the British Government, denouncing the recent Turkish massacres of Christian children and women. He says 1300 were forcibly removed to the interior and were massacred at Kavak.

UNEMPLOYED. ' , LONDON, June 13. The unemployed in Britain now, number 1,440,200. This shows a fall of 383,533 since January last-

CHINESE CRISIS. NEW YORK, June 14. Despatches from China state that wealthy Chinese, with their families and valuables, are fleeing from the Kinngsi prdvinee as Dr Sun Yat Sen’s southern army advances northward, as looting is feared. English, American and Japanese gunboats are stationed at Kinkiang to protect foreign interests.

Dr Sun Yat Sen lias issued- a communique expressing his doubts of tho sincerity of new Pekin Government officials. THE LEINSTER ESTATES. LONDON, June 13. The English 51. P., Mr Mallaby Deeley’s solicitors point out when , the Duke of Leinster died, Mr Mallaby Dee. ley offered to resell Ins Kildare estate to the Leinster family, and negotiations are now proceeding to that end. Mr Mallaby Deeley bought the rights of the heir when tho latter thought he had slight chances of succeeding.