BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 12 October 1922, Page 3

BRITISH & FOREIGN ITEMS.

AUSTRALIAN AND N.Z. CABLE ASSOCIATION.

LLOYD GEORGE AND BELGIUM. LONDON, Oct 10. Mr Lloyd George, addressing tho Belgian delegates who placed a wreath on the Cenotaph, as a . tribute to the British nations part in the war said:— ‘As we were glad to stand hr Belgium s side during the war, we hope to stand bv the side of Belgium and Trance and our a,llk« in tho cause of peace. It would he a tragedy if "ho marched side by side to face death, parted when we had to march together side by side to face death, parted when we had to march to gether to the reconstruction ol the world.” MARK SLUM! 7 WORSE THAN EVER. LONDON, October 10. The exchange rate on Beilin is m w no fewer than 12,150 marks to the £ This further slump is due to exceptional pressure to sell in the absence of any demand for marks. Tt is reported the fall is inexplicable as yet. Tt has provoked in Berlin a rush to buy securities not depending on money rates, and to buy foreign currencies from the Government: the importers and industrialists are competing against each other. German oil shares are going up in value enormously from"l000 to 3000 per cent. Shipping and trade returns in Germany are good, contrasting with the mark’s fall.

BRITISH ELECTIONS. j LONDON October l i. i The “Westminster Gazette” further eays:—Hon. Bonnr Law is being 'uric ed to lead the Tories. Apart from the Coalition he is not prepared to make a hostile move against Mr Lloyd George but he will use his influence to save the Coalition. j REPARATIONS COMMISSION. , PARIS, Oct. 11. I M. Bnrthau has been unanimously elected President of the Reparations Commission in succession to M. Dubois. CHOLERA TN JAPAN. TOKTO, Oct. 11. Cholera is spreading in Tok'o and Yokohama. There were 127 cases m Tok'o, and 28 deaths.