MISCELLANEOUS ITEMS

Hokitika Guardian, 13 September 1922, Page 2

MISCELLANEOUS ITEMS

AUSTRALIAN AND N.Z. CABLE ASSOClATie^^__.._

POSITION OF LAND OWNER, LONDON, September 11. Bledislce, President of the Agriculture section of the British Association dealing with the proper position of the land owner in relation to agriculture, said land owners ignorance and mcapacitv would lead to the nationalisation of land. Many land owners in the last two venerations had been mere rent receivers, possessing neither knowledge or inclination to administer and still less to cultivate their estates. lmd been organised, not as producers of wealth, hut as defender of property and thus had lost political power, because it bad no economic basis. Land owners rendered a great service as statesmen and local administrators, but not wholly without justification had been stigmatised as ignorant reactionary and despotic. Nevertheless during the period of their power and influence Britain attained an outstanding position. He advocated the elimination of superfluous middlemen as a. means of furthering agricultural progress. ONLY SIXTEEN MISSING. LONDON, September 11. \ later report says that all but 16 of* the German liner Hammoniats crew and passengers have been accounted for.

MONEY MARKET SLUMP. LOXDONT September 11. - The Stock Exchange is flat, owing - to the collapse of the Belgo-German reparations negotiations and to the Near East developments. Oonsols are 561Tlie exchanges have suffered from the same reason. Rates are: On Paris I 58.33 francs to £1; Stockholm, 16.77 I kroner; Christiania 26.63 kroner; and I Berlin, 6725 marks; on Rome 1031 lire; j Calcutta 16 T5-16d to tlie rupee; Yokohama 26-lycn. Wailii Junction shares are 10/4. YPRES DAY. LONDON, September 11. i The Yprcs League desire that Qej tober 31 should be known as “Ypres Day”, bolding that Ypres is-to the British what Verdun is to the French | PROFESSOR’S THEORY. LONDON, September 12. ! “Is America going west?” was discussed by the geology section, <j£» tho British Association apropos of the German Professor Wegener’s theory that the Continents are drifting from the Poles; also westward. Wegener’s calculations tend to prove that America is drifting faster than the rest about seven inches yearly. An Oxford astronomer named Turner asserted that, apart' from. Greenland’s * drift there was no proof for Wegener’s hypothesis. ARABS OPPOSE BRITISH MANDATE,. LONDON, September 11. A message from Jerusalem reports that a critcal situation now exists there. -< It has followed on the publication yestherday of the British mandate. The Arabs have refused to work, or to open their shops. Prominent Arab loaders are declaring in the Press that “Our people are boil-, ing with indignation. There Is no-i thing now to j-esfrnip fin finti-Jpwi?ll 'outlireaTc t *»