GERMAN ITEMS

Hokitika Guardian, 2 June 1923, Page 3

GERMAN ITEMS

AtJSTIIAI.tAN ANT) N.Z. CAULK ASSOCIATION. THE BRITISH. ATTITUDE. LONDON, June I. The “Daily Express'’ states; The German offer next week "ill mark a considerable advance (in the last German proposal and it will he a serious etl'ort to satisfy the Allies. The ''Westminster Gazette" says; .Mr S. Baldwin, the Prime Minister will take a stronger line regarding the Ruhr than did Bonar Law. The British reply to the new German Note will indicate 'Britain's intention to abandon the policy ot benevolent neitI raid v.

THE MARK XT I LI, TUMBLING. LONDON, June 1. Berlin reports that tne mark yesterodav i cached a new low record oi 330 ,000 to the. pound, and 70.DU0 to the dollar. The “Daily Telegraph's'’ correspondent states; “The fundamental cause of the catastrophe is tne greed and lack of patriotism among the moneyed men in Germany, who have refused to make any sacrifices, hut have actually exploited and aggravated the eouhtry’s misfortunes in order to (ill their own pockets, 't hey have declined to subscribe a dollar to a loan, and have bought up. for hoarding purposes. the foreign Dills thrown no the market by the Reichsbank. with the object of .steadying the mark. thus starting a panic among all classes oi the population. DRAMATIC END OF STRIKE. SCENE IN BELGIAN SENATE. (Received this day at 8..30 a.m.) BRUSSELS, Time 1. The railway and postal strike ended in a. most, dramatic fashion. Ji was reported yesterday that the strikers hail received a cheque for lot), (lot) marks from the Reiehshank and this produced a stormy scene in the Senate, the Minister for Justice demanding the suspension ot the parliamentary indemnity in connection with two Senators wlm were leaders m the railw aymen's syndicate. The Senators stoutly denied any knowledge of the receipt of money from Berlin. The report has produced such an unfavourable public impression that flic railway-men's syndicate met ami decided to resume work immediately in order to convince the public of their loyalty. The postal and telegraph workers are also resuming.

COMMUNISTS RAIDED. (Received this day at 10.'15 a.in.) BERLIN, June 1. The police raided a secret meeting of Communists at DoiTmuud and arrested eighty armed men, including a majority of the loaders of the guns concerned in the Ruhr lighting. This is expected to stop the lighting for the present. LEGACY EOR. JIMEIMS CATHEDRAL. PARIS, dune 1. The Minister of Bine Arts has issued a decree accepting a legacy of one hundred thousand francs from the ex-Empress Eugenie for the reconstruction of Rheims Cathedral. COLLAPSE OB MARK. LONDON, June 1. The collapse of the mark to as loir a record as the Austrian kroner which has not happened previously for a century, has produced alarm throughout Germany. Already the cost of living has ascended by leaps and hounds. The Workers are in a slate of consternation, and demanded inereased salaries. It has keen announced the railway goods rates will lie advanced fifty per cent.