AMERICAN ITEMS

Hokitika Guardian, 17 January 1923, Page 2

AMERICAN ITEMS

It STItALtAN AN'l) N. 7 .. CAIR.E ASSOCIATION AMERICANS AND I.MAG I'M. NEW YORK, January 16. Mr is. Gompers (President of the American Labour Federation) lias announced that lie will urge tlio American Federation of Labour to join the Employees’ Division of the Intel national Labour Ofliie. created by the League of Nations ai Geneva. The .American Chamber of Comment- haannounced that it wil l join the employers' division. COPPER COMBINE. NEW YORK. Jan Ifi. It is announced that the Anaconda (upper Alining Company .’has paid 71 ..."I:).()!)(> dollars for a controlling interest in the Cliile Cop|X'r Company, which controls the largest known cop per ore field in thu world. A new loan of oO.()i)!).(XK)dol. will lie lion led to finance the deal, and to provide the nr-e<A--arv working capital. DEBTS TO P.S.A. WASHINGTON. Jan 15. TF. British Mission have |u Id up the debt funding meetings, in order to consult ilieir Home Government, and they will reoort again to Hie Anierican Coinuiis-lou fo-inorrow. The American Commi-.ioii liavi informed the British that they arc opI: i-td to the interest being as low a- 3 per cent, but they are prepared to ei j.: ,7> tn (iii-year -r-'-nritii-s. The British declare Hint iliey are willing t.. make iiiTiiugeim tits for -iliminam on- p.iy-ic.-'it- <*f jirim-iplc with iuterc-t. TRANS-ATI. ANTIC PLANS. SCCCESS EXPECTED. NF W YORK. Jan 15. The American Telegraph and Telephone Company lias announced that sending apparatus for the wiroles-I'-lepnony (cabled yesterday) will o 1 installed in England within a lew weeks, it will make possible complete conversations, and while'a months vscaieli and development work must yet be done, before such communications can be put to commercial use. it is f..|t that success will he achieved in the not far distant future. The company experts are wrestling with the problem of column ideation in the daytime. since the sun proves a serious interference. They hope to achieve .t 24-hour day wirciess telephone service between London and New A oru. One of the most important developments ill making possible high-power radio telephony is the production >y art engineer .Mr Irving i.anginuii. °f ,-p.eia.l vanillin tube- developing higl frequency alternating currents.