BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 16 October 1922, Page 2

BRITISH & FOREIGN ITEMS.

iUSTIIALIAN AND N.Z. CABLE ASSOCIATION.

GLASGOAV’S UNEMPLOYED. LONDON, October 14

It is officially stated that barely 25 jier cent of the workers in the shipbuilding and (be engineering and allied trade are at present employed in Glasgow. The number of the unemployed in Glasgow alone totals 84,480 of whom 71,670 are men. It is estimated that it will he necessary to distribute £1,000,000 in poor law relief in Glasgow during this winter. The Lancashire mills, owing to there being depression in the cotton industry will continue to close both on Saturdays and Alondays, until the end of November.

A NEW AIORATORIUAI. PARIS, October 14,

The paper “Le Journal” says Sir F. Bradbury’s proposed Reparations Com-, mission will grant Germany a. new moratorium lor five years, concurrently with an Allied prohibition of the issue of any fiduciary stock by Germany, who would be authorised to make her puymentsby five year bonds, endorsed by the creditors, and repayable yearly during the five years. “Le Petit Parisien” says: “If the Reparations Commission does not reach some agreement for preventing a German financial collapse the proposed Brussels Conference may not be held.

FRENCH PARDON.PARIS, October 13. President Alillerand pardoned] repatriated German prisoners, for vari-i ous offences at Toulon. Heavy sentences passed on five others have also been substantially reduced. CHINESE REBELS. SHANGHAI, Oct 14. American marines have been landed at Foo Chow. They are to protect American Nationals there against the rebel forces, who are now attacking the city. A RECORD SALAfON. LONDON, Oct. 14. Aliss Ballantyne, while fishing at Glendalvine, on tlje River Tay, caught a 64-pound salmon, after a two hours’ struggle. This is the biggest salmon ever caught with a rod and line in British waters. The fish measured 54 inches in length, and 284 inches in girth. Only two salmon over 60 pounds have been caught with a rod and line in the last 60 years. A NEW COAIBINE. LONDON, October 15. LONDON, October CFWT7 Tlie AVestern United Investment Company have offered to purchase the British Argentine Afeat Company, paying 65s per ordinary share and 32s 6d per preference share. Lord Vestey and Sir Edward Vestev are guaranteeing the fulfilment of the deal, conditional on 75 per cent, of the holders of the capital acceupting. There is about four millions involved. The rumours of the purchase have _ caused much speculation in the shares throughout the week. The ordinary shares were 35s last Friday, and they touched 60s 0d to-day,