BRITISH & FOREIGN ITEMS.

Hokitika Guardian, 18 July 1924, Page 2

BRITISH & FOREIGN ITEMS.

LATEST CABLE NEWS

[Reuters Telegrams.]

WORLD'S REAL WEALTH. LONDON, July K>

Sir George' l’aisli, presiding over .1 section of the Advertising Convention, said the world was suffering from laek of eonfidenee. There eonld he no confidenee till peace was restored. France’s financial need was one of the most pressing causes of the present inter-Allied Conference. He thought thev were within sight ol a restoration of trade throughout the world. lie believed we were entering a new period of great trade prosperity, probably the greatest the world had ever seen. The peoples of the world were demanding better conditions of life. There was no reason why they should not have them. There was enough natural wealth in the world to give every man a decent income.

STEAMERS COM.TDK

("Received this day at !) a.m.)

TOKIO. July 17

A message from Kobo reports tlie llavi'oniiiru collided with the harbour freighter llallgrim. causing the latter to sink. There were no casualties. Ihe Havremarii was seriously damaged. McLAUKN OVERDUE.

(Received this day at S a.m.t TDK 10. July 17. A report received at Paramuslnru states McLaren is six hours overdue. It is believed he landed at an intermediate point, which had previously been prepared. Two Jaixinese destroyers are at present searching. PRICKS DROP IN ENGLVND. LONDON, July Hi. "Wheat cargoes nere, owing to rain in Canada having fallen have dropped (id to !>d per bushel. Parcels are *|Uiet at !)d to Id decline. Re-sellers arc taking profits . .-MAORI COLLECTION SGML LONDON July l(i. Record prices realised for Earl North Esk’s Maori collection at Christie’s. A greenstone adze, 171 inches long fetched £l2o. A tiki with an extra long tongue fetched £72 and anothei tiki (>i inches long £7l). Meres brought from £23 to £oO.