GERMAN ITEMS

Hokitika Guardian, 19 January 1925, Page 2

GERMAN ITEMS

[Reuters Telegrams.] Sr.AP IN THE FACE. BERLIN, January IG. The “ Yessiehe Zcituug ” attributes Chancellor Luther’s decision t'o post pone the meeting of the new Reichstag till Monday to differences of opinion among members of the Cabinet, especially between the Nationalists and uie Centrists, regarding the formation of the Government’s statement. " Yonvaerts,” the Socialist paper, declares that the German Government, consisting of open and secret enemies of the German Republic, is a slap in the face for the workers, who are indignant and hitter. 1 hey arc picparing to fight the Government not only in the Reichstag, hut in the whole field of industrial life. • ARMAAI.ENT PROFITS. LONDON, January 19. The relatives of Keppel North, who died in 1919, are suing Vickers, under an agreement by which North, as superintendent of N ichors’ munition works at Cravford, where vast numbers of Maxims and Paravanes were turned out in war time, was to receive three and three-quarter per cent. l of the factory’s profits, besides a mjodest salary. The factory rapidly expanded and eventually eovoiod thiity acres, employing twelve thousand men. The turnover in 1918 reached £ 1,500,000. Mr Simon. TC.C.. representing the relatives, declared that the factory made large profits in war time, although the hooks showed no profit. These profits were used to write off capital expenditure. He alleged that the defendants were guilty of fraud. The persons who prepared the hooks were not thinking of North, hut ol other bigger things, apparently suggesting that these were evasion of the excess profits duty. The case is unfinished.