BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 28 September 1922, Page 3

BRITISH & FOREIGN ITEMS.

j AUSTRALIAN AND N.Z. CABLE ASSOCIATION. SEVAN’S TRIAL. LONDON, Sept 26. Honourable Reginald Fellowes formerly Sevan’s partner gave evidence afc the trial of Bvan that lie only attended to clients’ stock exchange business. He generally left the financial side to Bevan. in whom ho had every confidence. Sevan was the leading spirit and as far as he knew, liono of the parties objected to anything Bevan did. 'Pile balance sheet of Ellis and Company was never prepared annually or the accounts audited by outside/ auditors. The finance business was almost entirely controlled by Bevan and Pirie. The latter was a salaried partner with no share in the profits. Witness never doubted the firm’s solvency until the end.

AMERICAN VIEWS. LONDON. Sept. 26. ATr Theodore Burton, former Aincricon. Senator, now a member of the Debt Commission speaking at a luncheon, referring to Ameriia’s non-parti-cipation in the recent conferences said the? prevalent impression in America was that much remained for Europe to do in settling reparation problems and in modification of treaties before the I good offices of United States could he j altogether helpful. When that time i was ripfl, possibly another Washington Conference would be convened to consider the economic conditions ol the world Mr Burton added that the disposition, of the people of United States was to require payment of debts due. to thorn, cancellations or repudiation would create not ' merely confusion and distrust in the financial world .but impair the development of tin only effective means of paying debts depended on the progressive disarmament and maintenance ol peace.

! DEBTS TO E.S.A. ' LONDON. Sept. 26 j Mr Theodore Burton, former Ameri- | can Senator, now a member ol the j Debt Commission, speaking at a lun- ; eheon. and referring to America’s mm- ; participation in the recent conferences ! said the prevalent impression in America was that much remained for Europe to do in settling the reparations problems and in Iho modification of the treaties before the goad offices of the United States could he altogether helpful. When that time was ripe. possible another Washington Conference would he convened to consider the "coneniie conditions of the world, lie added that the disposition of the people of the United States was to require naymont ol the debts due to them. Cancellation or repudiation would ' mile not merely contusion and rlistrtis* in tin- financial world, but impair the development. The only, effective means ol paving tie debts d-pended on progressive disarmament a' I main! ’nance of pi ace.

CITY OF DAVID. « (Received this dav at 8.30 n.m.) LONDON, Sept. 27 The Palestine Administration lias invited all countries represented in Palestine to participate in a great scheme to complete the excavation ol (!••> ancient City ol David. MONTKNEGRI AN MONA RCIIY. (Received this dav at 8.30 a.m.) LONDON, Sent. 27. The “Daily Mail’s” Rome correspondent says a spire of comic opera is attached to the deposing of Queen Milenia, the Regent of .Montenegro, during the minority of the grandson, Prince -Michael. Taking advantage of the absence ol Ministers, the disgruntled ox-Minister, M. Planenalz, supported by only twenty armed Monteiiegrians, occupied the Montenegro Consulate, which has been the seat ol Government since the Servian annexation of Montenegro. lie seized the Consul and proclaimed himsell Prime Minister and Regent.

STROM 1101,1 IN ERUPTION. (Received this dav at 8.30 a.in.) LONDON, Sept. 27 Strunboli is in active eruption, and the inhabitants have evacuated the island. ERKNCII WARSHIPS KOfl AUSTRALIA. (Received this d «c at 8.30 n.m.’i PARTS, Sept. 27 The Erench cruiser squadron leaves on a visit to Australia on 10th Ootoher.

| FRENCH STRIKE. deceived this dav at 5.30 a.m.i | PARIS, Sept. 27. Thcr" was a novel demonstration by eighteen hundred passengers stranded ill" Marseilles as a result of the seamen’s strike. They marched in procession through the streets, and held meetings. They proceeded to the Prefecture. UNEMPLOYED LIST. (Received this dav at 8.30 LONDON. September 27. Unemployed in Britain icgistered to Sept. 18th., total 1,307.000 being 71. 733 less than January.

DOPING OF HORSES. ; PARTS, September 27. j The Society for the encouragement ; of horse racing after investigation of j the charges of doping fined and de- j licensed t"o trainers and disqualified three lecent winning horses. It is stated other investigations are likely to lesnlt in further drastic action. The alleged olfenees were all committed at Deaville. j

german troops mtttnv. (Received this day at 8.30 n.m. BERLIN. September 27. News lias just leaked out of a mutiny among portion of the Reiebswebr garrison in tbo East Prussian fortress of Loetzen. The mutineers demanded shorter hours, dismissal of non-coms arid payment of overdue bonuses. The ringleaders were disarmed and arrested. The incident is ascribed to the activity of Bolsheviks who had lreen busily agitating among the Reiebswebr since the (lenth of Rath on mi.

WHEAT PRICES. LONDON, September 27. Wheat cargoes are quiet and prices easier, in view of the weakness of the American market and worse Continental exchange, but no business is passing to test values. SUGAR OUTPUT. GENEVA, Sept. 27 Cznrnikows estimate of bis European sugar '.production for 1022-23 season is 4.780,000 tons, against a consumption of 0,377,000.