MISCELLANEOUS ITEMS.

Hokitika Guardian, 14 March 1925, Page 4

MISCELLANEOUS ITEMS.

[Reuters Telegrams.]

SOVIET FINANCE. LONDON, March 13. Apropos of the reports current in ithe Baltic exchange that Russia is negotiating to huy Australian wheat, interest attaches to the “ Daily Telegraph’s” statement of a sharp shrinkage in the trading turnover, menacing the whole Russia credit, due to the exhaustion of the buying capacity of the peasants, who no longer have corn or other products to exchange for goods. Soviet co-operative societies and state trading organisations arc badly hit as during the autumn they bought largely on credit, chieily against hills. According to the “ Economiche Skaiajisn ” 180 thousand hills valued at 475 million roubles, are protected to middle December and even a greater number in January. The Chairman of the Soviet State bank says only 33 per cent, of the co-operative bills have been paid. Probably in order to avoid discredit abroad, the Soviet will arrange assistance.

SUN VAT SEN'S WILLS. PEKIN, March 13

Dr Sun Vat Sen left two wills. The first, addressed to his colleagues said : “ For the past forty year I have engaged myself in the national revolution, aiming to secure freedom and equality for China. To gain such ends we- must urge the masses to co-oper-ate with.those races of the worlu that treated us equally. The revolution is not yet completed, and colleagues ought to strive continually in accordance with inv writings and work to achieve the convocation of a national conference for the abolition of unequal treaties.” The other will says: ‘‘l have sacrificed myself for national affairs so have no property left, only hooks, clothes and my house, all of which go lo my wife as a remembrance.” AUSTRALIAN RUTTF.II. MELBOURNE, March 1-L The Minister for Markets and Migration, stated lie has received a cable from the High Commissioner stating that during the past few days Australian butter was selling about *2s per cut. better than N.Z. The Commissioner considers this extremely satisfactory. The position is due mainly to the institution of the kangaroo brand. 'The Minister says the information justified the action of the Commonwealth in competing with the Australian Daiiv Council in insisting that the highest quailty butter must be placed holme the British consumer under the Australian Kangaroo Brand.