BRITISH & FOREIGN NEWS

Hokitika Guardian, 13 October 1924, Page 3

BRITISH & FOREIGN NEWS

VUBTE-.LIAN AND N.Z- OADLE ASSOCIATION GERMANY'S LOAN. (Received this day at 8 a.m.) LONDON, October 11. It is learned from official sources that Germany’s eight hundred million gold mark loan under the Dawes scheme which was finally arranged yesterday, will comprise the American portion of 110 million dollars and European 201 millions sterling. The loan will he issued in all participating (oiintrie.s next week at £O2 and will hear seven per cent interest. .Morgan's group have taken the American portion. The Bank of England covers the greater part of Europe’s, in which Era ace, Belgium, Italy, Switzerland, Holland, Sweden and Germany participate. The loan is repayable in 2a years, the European portion at par, and the American at £lOl. The loan takes preference over all reparation payments. PARIS, October 11.

The Reparations Commission approved of the conditions of the German loan. THE GERMAN LOAN. PARIS, October 12. The German loan has been apportioned as follows: Britain twelve million: France, Holland and Switzerland three million each ; Belgium, Sweden and Italy, one mid a half million each ; Germany one million sterling; United States one hundred million dollars. BRITISH POLAR FLIGHT. LONDON, October 12. A party beaded by Grettir Algarssen a young British explorer, leaves England in .May by a small steam drifter, primarily to discover Islands between Spit/.bergen and Frances Joseph Laud. Algarssen, in a small aeroplane, will make a dash alone for the North Pole.

NEW CABLE SHIP. LONDON, October 12. A new cable ship named the Cable has been completed by the Eastern Extension Cable Coy, to replace the Recorder at Singapore, after forty years service. One hundred and fifty miles of cable can lie coiled oil the new vessel, which is oil burning and coal burning. FOR WON OFFICE ESTABLISHED. (Received this day at 10.21 a.m.) PEKIN, October 12. Advices from Mukden slate a Foreigu Office for the throe eastern piovinces of -Manchuria has been established at Alukden and the Consular body has been duly notified. GUILTY OF MURDER. NEW YORK. October 12. • At the trial of two yout'-s Nicolas (initio mid Tony Damico, for strangling a boardinghouse keeper. Burke, nt Chicago, counsel lor I lie delcuec in admitting their guilt, claimed they were entitled to the same treatment a.s Leopold and Loch, who recently escaped hanging. Thu two accused wore louiul guilty and were sentenced to twenty-live years imprisonment. SHOCKING OUTRAGE. BANDITS SHOOT .MINE -MEN. (“Sydney Sun” Cables). (Received this day at 10.21 a.m.) NEW YORK, October 12. Edward Barker, auditor of tho European Milling Coy., and eight other men, were lined up and shot dead b\ bandits, who wrecked the Chihuahua train in Mexico, forty miles south of Throe Guasez on Friday, securing three thousand sterling loot. Ilarkei and all members of the train crew were marched to the roar ol the train, stood against an embankment and each shot through the forehead with explosive bullets, terribly mutilating their heads. Gunn Aladrano as assistant roadmaster, left a blood stained note to his wife saving:—"Go to your mother, I mu about to die.” Two of the bandits are believed to be Americans.

OCT LOOK AT MOSUL. LONDON, October 12. The “Daily Express” states that despite official’ denials, pieparations are being made at several British military depots to send reinforcements cast of Suez. The muse of the activity is believed to he a serious situation in Mosul area. It is admitted the Turks are reinforced and their troops arc threatening Mesopotamia.

SPANISH HONOR. MADRID, October 12

The King’s cousin, the infant Don Louis, who was recently ordered to leave France as he might cause a disturbance. has been deprived of the right to the title of Infante of Spain, and all attendant hono.os.

TYPHOON LOSSES. MANILA, October 12. Delayed official reports state thirty lives were lost when two coastal steamers were wreckefl in the recent typhooiie at North Luzon. DELHI. October 12. Hinrtu-Moslem riots' continue throughout Northern India, causing the gravest anxiety to the authorities. There have been a number of clashes causing serious loss of lile. 'I lie recent Hoods caused widespread damage, and "rent loss cf life among both human beings and cattle in the. various parts of India. The areas affected are slowly recovering, though the distress continues to lie acute. Seventy people and thousands of cattle perished in the Hoods in Punjaiih. One hundred thousand acres of agricultural land was under water and two hundred villago> were wholly or partly destroyed.

BRITISH FASCJSTI. LONDON, October 12.

Lord limes Hamilton, in a manifesto on behalf of British Fascists organisation declares that parliamentary candidates and electors should realise that British Fascism is the most live force to-day against the insidious advance of the Reds, whose avowed object is tlie destruction of the British Empire. He savs the movement is already alive in many electoral areas and able to help where the independence of voters is threatened by terrorists societies.