AMERICAN ITEMS.

Hokitika Guardian, 1 September 1922, Page 2

AMERICAN ITEMS.

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. german finance. OTTAWA, August 30. German, manufacturers were forced to stop dyeing American cotton to-day, when marks fell to two dollars. Germany last year brought a, quarter ot the American cotton crop. The loss to the market will ho' serious. American bankers are unable to see ft panacea* even if a financial scheme is worked our us there is no way to force Europe to adopt it. Colonel House and other observers sent warnings to friends here that Europe may be approaching another upheaval like 1014, and arc considering what effects the convulsion will have on United States. Bankers have given up hope of ever collecting the Allied war debt.

U.S.A. AND RUSSIA. WASHINGTON,' August 30. The State Department announces Mr Hohgiiton (United States Ambassador to Germany) at an informal luncheon to M. Krsasin and M. Tehitcherin in Beilin, asked them what was the Soviet’s attitude towards the plan for a United States Commission of Technical Experts to study and report on tlic economic situation in Russia. The mission would be in no sense political, and would act strictly in accordance with the outline of Mr Hughes’s policy when lie replied to the invitation to the Genoa Conference. The information supplied by the Commission would aid the United States in determining wliat economic contribution it will be able to make towards the reconstruction of Russia. It is understood the- United States is concerned over the large concessions which Russia extended to foreign nations.

BRIDGE BLOWN UP. (Received this day at 8.30 a.m.) NEW YORK. Aug 31. A railway bridge over the street in I\ Millington, De la Ware has been blown up. Strakers are blamed. Washington telegram says the Interstate Commerce Commission declared an emergency exists in regard to railways west of Mississippi, which are unable to properly serve, public transportation of essential commodities. The Commission takes over their regulation. Chicago attorneys representing the striking railway shopman of American Federation Labour annouiie they have obtained a million dollar defence fund to instigate the arrest of four men accused of wrecking the train, cabled on 28th Aug.

MINE EXPLOSION - VANCOUVER, Aug 31. Nine tire dead and fourteen injured two fatally, and three? are missing, through a.ii explosion in a col lien- at Cumberland, Vancouver Island. The mine is not on fire and the damage slight.