AMERICAN ITEMS.

Hokitika Guardian, 12 March 1923, Page 3

AMERICAN ITEMS.

AUSTRALIAN AND N.Z. CABLE ASSOCIATION TICKET AGENCY SWINDLE. (Received tin’s dav at ? a.m.) ' NEW YORK. .March 10. Four brothers conducting a .steamship ticket agency, taking deposit., from their Italian co-nationalists, although without a State license to operate the savings hank, collected sums believed to te.al two million dollars, and to-day disappeared. Two thousand-immigrants stormed the doors of the institution. Their el forts to fi ml the brothers proved futile. Four days ago the agency was closed and this ultimately excited the suspicion of the depositors who started to search for th* men to find the latter with their lamilies had gone to Los Angelos. REPLY TO SIR A. BALFOUR. NEW YORK, March 10. Mr MeAdoo, in a statement, said: — “I am at a loss to understand how Sir A Balfour, for whom 1 have great respect and admiration, could have gained the impression that United States insisted on the substance if not the form, that although Britain’s Allies were to spend the money, it was onlyoil Britain’s security that United States was prepared to lend. The loans to the Allies were made through me is (Secretary of the Treasury. At the time it was never suggested or intimated by me or Sir A. Balfour in my discussions with him as head of the British mission to United States in Ma.v, 1917, that Britain should assume any responsibility whatever for loans United States might make to other Governments than Britain. Every loan made to Britain, France, Italy and Belgium was made on tho faith of credit of each respeetiveively and independently of the others, except in so far as an intelligent effort was made to distribute the available credits among them in such a way as to best secure their effective use for war purposes.

AN ABSCONDER. (Received this dav at S a.in ) VANCOUVER. March 10

An examination of the books of Britain Copper Mines caused a search for E. J. Dongghue (Manager) who retired a, year ago. He is believed to be in United States. One hundred thousand dollar shortage is alleged.

CANADIAN COURT DECISION. OTTAWA, March 10. At Winnipeg, Justice Salt, in the Court of King’s Bench, in dismissing a. 4T suit brought to compel the accounting of funds by a former officer of the International Brotherhood Locomotive Engineers, held the organisation was illegal, operating in restraint of trade and had no standing in Canadian Courts. The suit was the exSecretary who was relieved ot office in 1921, and who declined to resign, claiming his removal was illegal. It- was intimated tho Brotherhood would appeal to the Privy Council.