BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 3 July 1924, Page 3

BRITISH & FOREIGN ITEMS.

LATEST CABLE NEWS

ICHTBALIAN AND N.Z. OABLK ASSOCIATION. IHAKV foh .mitchlll libkahy. (Ileceived this day at 11. -o a.in.; LONDON, July Coghlnn has purchased for tlio Alit-t-lioll Library tin* diary of William Bradley, a Lieut, on His .Majeesty’s sliij> .Sirius dated 1792. describing the whole voyage and experiences at Port Jackson, 'lhe diary is written in Bradley’s own hand and is illustrated with excellent water colour sketches, charts and maps. It is regarded as one of the greatest finds relating to early Australian history. The diary was purchased from Bradley's descendants. LA BOH. COMMONWEALTH (MtOl'P. LONDON, July 2. .Mr l’anshiiry has been elected Chairman o! thy Labour Commonwealth group ol the ./Parliamentary Party, vice .Mr lloyce.

Me LA I! EX AT FOG C HOW. PEKIN, .July 2. liiis rinived ;it Fun Chow GOLD STANDAKI) ADVOCATED. [ B KUT I*ll3 'J'KI.KUIIA.US.] (Received this day at 11.2.7 a.m.) LONDON'. July 2. The opinion that a genera] return to the nolil standard is needed was expressed hy Mr I’emher Reeves, Cliuirnian of the National ISank of New Zealand at the annual meeting in London. He said that whilst the excess of New Zealand exports continued with the resulting accumulations of New Zealand funds in London. the rates of exchange would rule against exporters and future importers. The solution could only collie when there was a general return to the gold standard when, if the rate of exchange went lieyond the-gold point, trade balances would he adjusted hy gold shipments. The report and accounts were adopted and at a subsequent extraordinary meeting, a resolution was carried authorising the directors to increase the Bank’s capital to six million sterling hy the issue of two hundred thousand shares. I

HKRTZOG'K VIEWS. (Received this day at 11.2,7 a.m.) CAI’F.TOWN. .lulv i’. Premier llertzog, speaking at a banquet at Pretoria, expressed satisfaction at the reception of the new Ministry hy the public, lie added that Britain would always lie as far as he and the (iovernment were concerned, their first and chief friend. It would always he their aim to co-operate heartily with .Britain and the rest of the Dominions.

THE KNIGHTHOOD CASE. ’ LONDON, July 2.

The Parkinson ease has ended, the Jury giving a verdict- for the plaintiff for the sum named, hut Mr .Justice d.uxh. who. earlier in the ease, was disposed to consider the agreement. between the parties illegal and tainted said he would hear legal arguments at the end of July.