AMERICAN ITEMS.

Hokitika Guardian, 12 November 1923, Page 2

AMERICAN ITEMS.

e CST it A t lAN AND N.Z. CABLE ASSOCIATION. A' KAYS DISTURBS MARKETS. XEAV YORK. Nov. 11 With the exception of the stock markets, the financial and commercial markets of the nation showed the effect of the disturbing news I join Europe and tin- United States' withdrawal from the reparations conversations. The foreign exchange reacted violently, sterling dropping to represent iitg a loss ol seven cents lot the week and nearly thirty-live cents since last. February. Tile strongest European exchanges 10l lowed the sterling’s lead and showed a considerable decline. Cotton also declined, a general price ol thirty-three cents bring reached. '|'|i,. ( liicagn grain maiket nf-.o responded to the general declines, going down one to three cents per bushel for wheal and maize. The stock market while not over active, was held quite Piui hv the professional traders who were desirous of protecting their various interests. MARY I’LCKKORD TO RETIRE. KPT EXT OF IMG IM< TER I' PRODUCERS. 'Received this day at 8 i.tnA XEAY YORK, Nov. 11. A message from Los Angeles states l luit ATary Pick ford will retire from the screen if the conditions in the cinema industry grow any worse. She declared before the Federal Stale Commission probing the charges of unfair eomnetitinn on the part of the Famous Players Lasky that the larger producing companies have so bottled up the theatres of the country that; she found it .difficult, and often impossible. to get a showing for her pictures in the bettor playhouses.

H.S. DIPLOMAT'S WORRY. NEW YORK, Xov. 10. Mr Harvey lias arrived. He desires in leave public life. “An optimist becomes modified after three years.’’ said Mr Harvey, “hut I have tile utmost ’ confidence in Mr Hughes’ plan because air Hughes completes what lie undertakes. Knglish people are more friendly to Americans than ever Indore, and vice versa. 1 resigned because nobody in Britain can hake turkey like my Aunt Hannah. Of course 1 wore breeches at Court, and hop? to wear .hem lor golf this winter AMERICA WITH 1)11 AWS. WASHINGTON. Xov. 0. The British and American plan tor an expert inquiry into Germany s capacity to pay reparations, in lho opinion of the H.S.A. Government, has been frustrated and defeated by the attitude of France. Mr Hughes U.S. Secretary) ha. informed France to this effect. The I’.A. Government will drop the plan. HOPE FOB HUGHES’S PI.AX. WASHINGTON', Xov. 10 Officially a statement is made that the reparations plan is withheld by officials. There is still a hope that Mr Hughes’s plan can he adopted, liio United States being anxious to assist iu the European settlement. The Government lias made ii plain however, that the French limited plan is not acceptable. This view was announced officially at the State Department late to-day, after Mr Hughes and the French Ambassador (M. .Tilsseraml) had conferred and after it had been an-j nomteed at the White House. President Conlid.ge -aid he believed j the restricted inquiry desired bv M.j Poincare would lie useless. M. .heser- ; and is understood to have informed Mrj Hughes that M. Poincare is prepared to insist that the powers of the proposed j export committee should he broad I enough to permit only of an inquiry into Germany's capacity to pay during the period ending with 1 OHO.