MISCELLANEOUS.

Hokitika Guardian, 14 July 1925, Page 1

MISCELLANEOUS.

[Australia & X.Z. Cable Association.] HUMMED OK A .MILLION LONDON, July 12. The “ Daily ('hronide” states the June imports in motor ears, watches, clocks, cinema films and musical in--trunient were rushed in to avoid the reiinposition of the .McKenna ditties on I-i .July. The total equalled tour ordinary months imports ami these together with the silks, similarly dumped to avoid .Mr Churchill's new duty, caused a loss to the Exchequer estimated at a million sterling which will

cause the disappearance of an estimated revenue surplus for the linnneinl vear.

A DEKICIT. PERTH, July 13.

i’lie total revenue for the linnneinl year ended AOth Juno was L'',AI4,AIG. and the expenditure CX,105,501. The deficit is the lowed since Bill.

AIA DA All! CAII.LAKX INJURED. PATHS. July 12. .Madame Caillaux was seriously iuiured in tt motor aeeident. The motor rar collided with a tree and Madame was thrown out, suffering a fractured (high and other grave* injuries, hut her condition is not regarded as dangerjus.

I’ll INCH OK W ILLS. CAPETOWN, .July 12. Idle Prime oi Wales litis reached Vienna Kails. He was greatly impressed i.v Hie famous site of them. .He sailed tp tin* /nmbosi ie. hiving-stoiio, where le was lii 1 1ugly welcomed l>v Northeru II hodesinns.

RAILWAYM HN’S DE.MOXSTHATTON. LONDON. Julv 12.

Twenty thousand members of the National Union of Pnilwtiymen demonmonstraied til Hyde Park against the company’s proposed 5 per cent, wage reduction. The dcnninstrution carried many silk Imnners one being inscribed: “To hell with a wage reduction. Eight now and win.”

AT EXPENSE UK WOOL AND COTTON. NEW YORK. Julv 12

The vogue for the use of -ilk undergarments litis helped the industry, hut has worked terrible havoc in the cotton and woollen trades. Consumption in America decreased by a million hales in 1921. while the silk ninniilVictiirers increased their output thirty per cent. DELI IT. J uly .12:

At the Conference of represeutut ives of the Mill Owners’ Assoeiniiou and Labour Leaders, in view of the crisis in Hnnibay eolton industry, the Chairman of the Mill Owners’ Association, said il immediately aetioii were mil taken il wtts feared they would have to close down half the mills immediately. Owners wanted to avoid extensive unemployment. hut they also are anxious to reduce losses. Il wages are eitl by lilteen per cent, ii would save six lakhs of rupees monthly. The present monthly losses tire about twenty-four lakhs. Men wanted a guarantee of restoration ol wages as soon as the crisis pas-.ed. The employers promised sympathetic con-

sideration. Meanwhile (lover nine lit is being urged to suspend a enlleel ioll of excise duly and to impose higher duty on goods compering with Indian niiinitl net nres.

M. ( AIM.AI N ELECTED, PALMS, July 12. M. Caillaux has been elected Senator for Sarthe. BRITISH TRADE MA LANCE. All! LLOYD CHOREE'S COMMENT. LONDON. July 12. Mr l.loytl Ocorgo. in a speech at Wisbech, referred to the trade balance. Mritain for the lirst time was trading at. a loss. It was a new and bleak record in the history of Hritisli trade. The Government's premature precipitate restoration of the gold standard had a disastrous effect on trade. It made sterling dearer and thereby increased the price ot Hritisli goods. This ill considered action was taken against the advice of the traders. Air Churchill had pul the sovereign on stilts in older to raise il. DETECT]VE CONVICTED. MELBOURNE. July 13. The trial of detective O’Sullivan, arrested on lOih. of Afay for extortion from a publican, has concluded. The jury returned a verdict of guilty. O’Sullivan was remanded for sentence.

A X LX 111 BITIO.X Til A IX. SYDXKY. July 2

The proposal of the Au.stralinn-inndo Fix' lT i cnee, League to run an exhibition train through the country for twelve months, lias been approved by tlie Xeu .South Wales Premier (Mr bang), who has agreed to place £3OOO on the R,si inint.es as the Government's contribution towards the cost. As the estimated cost is about, £12.000 in all. the remainder should not ho hard to find. Mr bang, always a. stalwart supporter of the policy ot fostering Australian manufacturers, gave instructions ns Treasurer in the Storey Ministry that only Australian goods, wherever possible, should he used by the Government, and that instruction has held good ever since. The Longue, without any blare of trumpets, but by effective campaigning, is frying to sweep away the old impression that to get the right quality the public have to buv imported goods. Instead of asking the country lolk to come to town to see an exhibition of Australian manufactures, ol the things, in short, that they daily require, it is taking this big mobile exhibition to them. A feature of the exhibition, whose lights will sweep the countryside, will be an ellorl to educate the youngsters especially as to the resources of their own country. The train will visit- about 100 of the leading country towns, visiting on an average two towns a week. The enterprise ought to give a much-needed fillip to Australian manufactures.

I'XIOX BAXK. LiOXDOX. July 13. The ITtion Bank of Australia shows a prolit of £G50.402. for the past year. To the reserve £IOO.OOO is added. A dividend at the rate of fifteen per rent per annum is being declared and amount carried forward is £92.902. A premium on shares issued in October amounting to £OOO.OOO is being added to the reserve.