MISCELLANEOUS

Hokitika Guardian, 12 July 1922, Page 1

MISCELLANEOUS

AUSTRALIAN ANU N.Z. CABLE ASSOCIATION

REPARATIONS. LONDON, July 10. The Prime Minister, speaking in the House of Commons said it was not desirable for him to deal with reparations in his remarks. In answer to parliament vv qi ostions, however, the Premier said that there might he developments during tlie next few days, which would render a statement desirable. Up to the present, said Air Lloyd George the Germans bad not even paid instalments which would cover tho cost of the actual damage to Belgium ann France. FEARS OF COLLAPSE. LONDON, July LTho “Westminster Gazette” Maris that the British Government anti ipates the early complete finaaii'il < Mlapse of Austria, The British Government also fears that if Germany increases her tie-.tier and ceases to print paper money, which is the oniv way to stabilise currency, the present Government will fall, and will he replaced by an autocratic administration. MACHINE GUNS SECRETED. BERLIN, July 11. Representatives of the Entente Control Commission found 21 fi machine guns hidden in a Kiel arsenal. The employees are demanding an investigation. owing to the threatened closure of the arsenal, in which 1000 are employed.

SOVIETS’ TRADE POLICY

THE HAGUE, July 10. At a meeting of the Credits Committee at The Hague Conference. M. Krassin (Russia) made an important declaration. TTe stated that while, owing to the exchange crisis, it was utterly impossible for Russia to permit absolute free trade, she was yet willing that all trades should not Jje placed under a State monopoly. The Soviets would organise buying and selling bureaux in the chief Foreign cities and would have goods collected at. these bureaux. i Russia, lie said, was willing to give . concessions for 25 years in connection*, with 8,000,000 acres of most fertile land near the sea.