BRITISH POLITICS.

Hokitika Guardian, 28 January 1924, Page 2

BRITISH POLITICS.

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. TURKISH VIEW OF CABINET. LONDON, .Tan. 25. Mr MacDonald’s Cabinet was well received by the Constantinople press. According to a Constantinople correspondent, although it was generally thought not to have a long lit*'- some anxiety was expressed in certain qnarteds lest the expected recognition ot Russia may result in weakening the freindship between Russia and lurkey, hut Air MacDonald made an excellent impression on Turks during his recent visit and now the Government- i- acclaimed as on the whole, more likely to pursue a friendly policy towards Turkey than the Conservatives and Liberals.

FAIRNESS TOWARDS FRANCE

LONDON. January 25,

The -Daily News’s” diplomatic correspondent learns that it is now certain that Mr MacDonald’s Government will abandon the Singapore base. Mr MacDonald will adopt a policy of fairness towards France, removing all pin

pricks. The “Daily Express” states that the Government is planning to hold a- continence with the Dominion Labour Parties.

The “Daily Express” states that the Government is sending a mission to Moscow immediately, headed hv Mr O’Grady, to arrange for lull diplomatic relation's with Russia. It is officially learned that the report that the Government has decided to abandon the Singapore naval scheme is quite untrue. The question has not even been discussed.

STOCK EXCHANGE STRONG

LONDON, January 25,

The Stock Exchange i.s strong, under a lead of gill-edged securities, and from a growing confidence in the political outlook, together with the speeches of the Chairmen at the meetings of tending bunks.

Buying is now emanating from London and the provinces. Consuls are up to 56 J.

The war loan scrip is £IOO. LONDON, Jan navy 20.

The “Daily Express’s’’ financial correspondent says: “Mr MacDonald’s silk hat will live in history as one of tiic most potent pieces of headgear over created, since it lias sent up the prices of stocks and shares. ’I lie rise began with the gilt-edged stocks as soon as it become known tli.ui Mr MacDonald had donned a silk hat to go to Buckingham Palace. The rise has continued all the week.

The hears, counting up a fall when the new Government took charge, sold sticks which they did not possess, expecting to buy at lower prices later on. but now tHoy are forced to buy on a rising market.

M LETS AMBASSADORS

LONDON. January 20

The Prime Minister, Rt. lion. J. 'Jiamsay MacDonald, bad conferences vitl: various ambassadors at the Tori ign Office seeing each separately tor Ft minutes. It is understood he will generally prett’l’ direct talks to exchange of notes. LONDON. January 20.

The. now Government hare decided to remove the harriers across Downing Street, London, which were erected at tho time of tlio Sinn Fein disturbances.