BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 21 December 1922, Page 2

BRITISH & FOREIGN ITEMS.

ustralian and n.z. cable association. CHINA’S NEW PREMIER. PEKIN,. December 13. General Chang Thao Tseng, has been appointed premier of China with Parliament’s approval. The selection believed to indicate the military party is about to resume control of the country.

VAGARIES OF THE MARK. “ THE TIMES ” SERVICE. BERLIN, December 19. The rise in the value of the mark has produced remarkable economic vagaries in Germany. British coal in German coastal towns is actually cheaper than German, whereas in Sept., it was triple the price. Factories and works' me buying British coal. German bar steel is one hundred thousand marks per ton which is above the world price. Exporters quoting- tlieir wares in dollars, pounds and other stable currencies, are now hoist by their own petard. Wages, working expenses and raw materials bought ip Germany must 3 be paid for in marks, hence manufacturers are faced with a loss of five to ten thousand marks on every pautid received. ITALIAN COMMUNISTS. PARIS, Dec. 19. Communists in Turin attacked the Fascist!, of whom four were killed or wounded, The Fascist! mobilised their forces nnd serious conflicts followed, m which four Communists wore killed, l]R finding a municipal c'WUrilmi’i