BRITISH & FOREIGN NEWS

Hokitika Guardian, 8 May 1925, Page 2

BRITISH & FOREIGN NEWS

LATEST CABLE NEWS

[Reuters i ei.eurams.] AC STB ALI A.N LOAN'S. LONDON, May 0. In addition to the New Zealand loan of 7 millions the rate of which has not been lixed. a. N.S.W. loan of (R millions, and a West Australia loan of two millions are impending, but will probably he delayed some weeks owing to market conditions. ROUMANIAN BELIEF BONDS. LONDON. May (>. Replying to questions in the Commons. Mr Guinness said that Britain and Australia had agreed to accept a repayment of 1”2.’->OO.OOO and £120.00) respectively of the Kuiimnumn relief I>:,ihls. which matured on the Ist. .lannary by capital instalments spread over Id years at ft per cent, interest. IT ALI AN DEFENCES. HOME, May Ik The Minister for the Navy has resigned. This is attributed u> Signor new scheme to unity the 'command of all the defence forces. _ !t is rumoured that Signor Mussolini is contemplating himsell taking over the eoie,hinei! Military. Naval and Air s .\li Histories. IT ALI A N CONSTITriTOXA L REFORM. HOME. May 0. The Commission which was appointed to draw up a scheme ol constitutional reform, recommends in its report that the rights of the Crown shall not lie altered, including the right as to the declaration of war and the conclusion of peace. It recommends that if Government is defeated an appeal shall he made to the Senate, and that at- times of extreme crisis, ilm Chamber anil the Senate -shall confer upon the work of the Ministry. it proposes that the Chamber shall consist of 000 Deputies, half of them to k' elected hv territorial divisions, and the other half by technical corporations of commerce, industry, and agriculture. The King shall continue to nominate the Senate. TURKEY'S BID FOR CONTROL. LONDON. May 7. The “Daily Telegraph’s” diplomatic correspondent learns that 1 tirkot is seriously obstructing the work of a mixed commission, under the lreat> of Lausanne, that is delimiting the demilitarised zones of the lurkish Straits. Turkey wants these zones reduced io such small dimensions as to afford no real guarantee of freedom ... for the passage vf the Straits in an emergency. LORD LEV FBI I FI.ME DEAD. LONDON'. May 7. Lord l.cverhulme (.head ol Lever Bros) is seriously ill with inflammation of tne lungs and mouth. LONDON. May 7. Lord Leverhulme is dead. SIRDAR'S M I'll DEB. CAIRO, May (i. .Nine of those accused in connection with the murder of the Sirdar wero .committed for trial. A ode! Tat t aheiiaiat asked to he id - jowed tc make a statement in whick he described how the murder of thu Sirdar was carried out. EXCHANGE BATE GET. LONDON. May 7. The "Financial News” says:—"The i-nt in ilie Australian rates of exchange i> ;t timrc drastic one than the most sanguine could have expected. It has ht mi anparciit that a lug-o’-war has lei'ii going on li"tween the Commonwealth Bank ami the trading hanks. The former with an eye on sixty eight n illimix of lean money Tallin ;' due this

year in Australia, wanted the , oup-ile-erare given immediately to the

high remittance premium, and apparently -is wishes have prevailed.” LONDON. May 7. The Loudon "Morning Post’s” article welcomes the lowering ol the Australian exchange rates, in \ iew- of the extent to which Australian exchange

a.List he affected hy the large Australian loans being raised in London. It is high time, it says, ti at there should he an easing ol the position as regards ordinary ivmiuan cs. Now that both Australia and liritain are on the gold standard, there is all the greater need for preventing any unneiessarv gold transfers when the ordinary exchange laeilities should slll(AI.I.IXO TI lld BANNS. A V!('AH’S V I KM'S. (Received this day at 8.30 a.in.) LONDON, .May 7. Tin- \ii-ar of Addle-lone in announcing in the parnsh magazine a decision to abandon tin- praetiee ..I' tingling the bells when the I,anus are published -ay.-: " Fancy ringing a peal to aunouni'C an impendin'.- life* sentence. I would n.,i , i.'ii a min iri -e a mullled SFRIOFS (TIi.NKSK. KAMINK. PKKIN, May S. A serious famine i.s reported in the Kweichow province where the people are said to he eating li-avc-s. Parents pre idling tlu-ir children for a handful -ii lise and in several villages, according In Catholic priests, it is believed litel-e l.a- Ii ill 1 uses of ca 1111 iha h-111. AKPICAN VIKW. CAPICfOIYN, May 7. In tin- Asseinlily (T-m-ral Hi-rtzog. , * -111 x iiiw in 1 jin-st i- im. slated the Knioit (hivertiu.cut'.- vn-v.s a- regards tin- protocol 1 In-1 !y rescinbb-d those of Hie iitiu-r 1 KiUii ni-.. ns and the British reply to tin- I i-agt;..-. (•T-m-ral Ib-rtzog expressetl tin- opinion that the pruiin-pl would ell'ectually nri-viut A.m-nca's enirv into tin- l.eaglit * as it amounicil to the creation of a super, .-tat.-, lie fen red tin- League, in view of ll.e ah-trui icii of America, Germany and Hlis-ia. would ddier little IT* in - historic 11! i: 111 < - <-. instead of being ■I league of ja-a< e. >()( T A LIFT’S ATTKMPTS KOII.KD. ;Pc-cetii.‘d this day at 8.30 a. 111.) LONDON. May 7. The County Council alter a record -1-si,mi of tni-niv-om- hours defeated tin- Soiialists attempts to municipalise the motor hoard, tube railways, and omnibus services, start a savings bank line! oath.-rise a compulsory aiTjuixitin-u of empty bouses. ADMIRAL SiTTRDKK DM AD. LONDON. May 8. U'lituarv. Admiral Devi tun Sturdee.

[Admiral Frederick Charles Doveton Siurdee. Hart.. 0.t.1t.. K.C.M.G., CAM)., is about ti.', years of age. He entered the navy in 1"71 and rose to In- rear-Admiral commanding the First Division of tin- Honif- I'b-et in 1000. He ai-cou-nli.-lied with splendid efficiency the task of demolisbin ; the German raider- undef Von Spec in the Pacific in 1'.,!.'.. Sturdee received a baronetcy

on January Ist.. Ibid, and was pro moled to Admiral in May, 11>l 7. while in August, PM!) la- received a grant of tlfi.lTciT. j !.- Was an Admiral t;f the fle.-t. since July. Ifi'.’l.]