BRITISH & FOREIGN NEWS

Hokitika Guardian, 20 March 1925, Page 2

BRITISH & FOREIGN NEWS

AUSTRALIAN AKD N.Z. CABLK ASSOCIATION,

COLONIAL SECRETARY’S VISIT. LONDON, -March 18.

The Colonial Secretary, Mr A men*, who, with Sir S. Ifoare, is leaving for Iraq to-ilav, has now definitely decided to visit Australia anil New Zealand during the autumn recess. The “Daily Telegraph’s” Parliamentary correspondent says: “This will ho the first occasion on which the head of the Colonial Office has gone on such a distant mission, hut it is understood Mr Amery believes that personal discussion with the Governments oi the Dominions, will he profitable, and will avert protracted cable conversations. Mr Amery has always been interested in overseas settlement. He anticipates an opportunity of arranging tor ap increased liow of migrants, iho Colonial Office takes the view that tho visit will be most useful, especially as there is a number of questions of foreign policy outstanding, while thero will be no Imperial Conference this

year. Mr Baldwin is most anxious to visit Canada, but it is feared lie will be unable to do so at present.

KING AND QUEEN. .'Received this day at S a.tn.) LONDON. March 19. Their Majesties have departed for tho Mi'iliternincan. FLOODS IN PERU. LIMA. -March 18. Radio adi ices horn Trujillo, the third largest city in Peru, report that tlie city has been completely destroyed by inundations, lollowing upon torrential rains. The inhabitants; are reported to have taken refuge in hills near the city. GOLD STANDARD. LONDON, March 19. There is considerable financial and political discussion on tho question of the re-establishment of the gold standard. The Federation of British Industries has memorialised Mr Churchill, pointing out that, apparently, the immediate objective of the British monetary policy is to return to parity lielore the end of 1920. It says that industry should have an oppoitunity to make the necessary plans. The Federation favours a return to gold, but, says that if Britain acts alone, it "ill be 'essential to have an agreement with the bankers in the United .States, regulating the value of gold until gold comes into general use. On the contrary, Professor J. M. Keynes, editor of the “Economic Journal.” addressing the Parliamentary Comeroial Committee urged that there should he no change in policy. Britain should seek to stabilise hci inrenal credit to the requirements of Dade and industry, instead of seeking a gradual deflation of her prices relative to those-of the United States. He says a restoration of the gold standard in 192-j would be needlessly ra*...

LORD CUR/ON DYING. LONDON, March IS

Lord Curz-m is dying.

NAI’OI.F.ONIC CLUCK LOST

LONDON, March 19. The firemen discovered the outbreak at Madame Tussaud’s shortly alter ten o’clock. The fire spread with great rapiditv. The glare was visible all over London. The fire attracted thousands. will) were augmented later by theatre goers, firemen, and salvagers. In the earlv stages they were able to save many exhibits, hut eventually

they were driven out. The upper doors, the root and the domes were completely destroyed. The contents on the ground door and the basement in which was situated the Chamber of Honors, were damaged by water. . The most lamentable feature is tne $ destruction of the Napoleonic relics. Those, said Mr John Tassattd, in* an interview, were unreplneeable. Some think that the collection was worth a omtru-r of a million. The moulds of the most iamous figures are preserved in a separate build-

mg. . , Tlh i salvage corps .saved a tableau depicting Queen Victoria being notified :if her ac cession to the throne.