BRITISH & FOREIGN NEWS

Hokitika Guardian, 24 September 1925, Page 3

BRITISH & FOREIGN NEWS

AUSTRALIAN AND N.Z. CABLE ASSOCIATION BUTTER ADVANCES 10s. (Received this day at 8.50 a.m.) ipXDOX. Sept. 22. JBiliter advanced ten shillings on •speculative buying in view of the possible shortage in arrivals owing to the strike. A CURIOUS WILD. LONDON, Sept. 22. Isaac Moss Vernon, the racehorse owner who left £IOI.OOO. made a curious proviso that his son, whom he allowed £lO weekly, must call personally at the solicitors each week to collect it. This is duo to the fact that the son, who is in his thirties, lived on the Continent and in Canada lor a long spell. Mr Vernon hoped he will force his son to abandon his roving habits. MOTOR WRECKING ATTEMPTS. (Received Ibis day at 8.30 a.m.) LONDON. Sept. 22. An extraordinary plot to wreck motorists was revealed at Tip-Tree, Essex, when a motor collided with a trick rope stretched across tlie road. Eater a motor cyclist had a similar experience. The ear passengers were injured owing to a broken wind screen. The motor almost capsized. ENGLISH CONVERSION LOAN. (Received this day at 8.30 a.m.) LONDON, Sept. 23. The Treasury i.s inviting tenders for forty millions worth of the three and a-hall per cent, conversion loan, with a minimum of 7Gi. The newspapers suggest tho bankrate may lie reduced to four per cent, on Thursday in order to assist the issue.

UNEMPLOYED TRAINING SC HEMP (Received this day at 8.30 a.m.) LONDON. Sept. 23 The Ministry of Labour's experimental training scheme is attracting w Lie spread comment. The scheme is at present limited to 2.100 men annually. The residential centres, accommodating four hundred, "ill he located at East Anglia. The trainees for overseas must be provisonally approved by some Dominion migration autli v.a’.r. They will lose tbeir unemployment benefits, and instead, will be given free board and lodgings, an allowance of 5s weekly, ami a free passage, when finally accepted for migration. Tlie “Daily Chronicle" points mil that our present limited scheme, both for home and for overseas, is capable of the widest expanse n. There are now 225.000 unemployed under 30. It would cost twelve and a-half million venrlv to i/ive them the nrooosed elo-

mentary training. Imt the unemployed payments would lie correspondingly reiliiced. The ‘‘.Morning Post.” in a leader, slates: "It is little use training men for the land, if there is none to offer. Sueessive Imperial and Dominion Governments lmve approved of the enterprise of redistributing the population by means of inter-imperial migration. hnt little is being done to earr it out. There are the Australian .Settlements Scheme in which the Imperial. Commonwealth and State Governments are partners. When will they he et in motion. Our need is so immense, it is instant. _\o .schemes so far proposed effect more than a negligible relief. What is required is an effort comparable with pre-war times when .millions of men were carried overseas. That was for destruction. To-day’s purpose is wholly constructive, yet -so little is being done. Fewer migrants are now going to Australia than before the war. We do not, desire to apportion blame, hut the great Imperial emergency is not being met. Hundreds of millions are lieing spent to keep men and women in idleness, when they might he spent in providing them with a sell led livelihood overseas. We suggest the Government should appoint a committee including representatives of the Dominion. Colonial Office financiers, and Practical Agriculturists to investigate the whole matter."

AFSTRALTAX LOAN". NEW YORK. Sept. 22 Wall Street suggests the possibility of a. new Australian loan founded on information received. The Commonwealth is seeking further advances from London, where the situation is favourable at present. ART TREASURES. LONDON. Sept. 22. Extensive collections of works of art contained in the late Lord l.overhulme’s house in Hampstead were advertised for auction, but. the auctioneers received such a mngnificiont oiler from the Anderson Galleries ol New York tihat it; was impossible l for them to advise Lord LeverhiilmoV executors to refuse. The auction has now been cancelled. The executors reserve the right to retain any of the contents which it nitty be desired to purchased on behalf of the nation. The Anderson Galleries have arranged to hold tt sale on behalf ol the executors tit New York next year.

OUTERKAK OF CHOLERA MANILA. Sept.

There have been eleven eases ol cholera with one death, in Manila during the last twenty-four hours. It is believed that scores of other cases have not been reported.

A N.S.W . LOAN. I.ODNON. Sept. 21

It is understood Sir A. Cocks before retiring, negotiated a five million loan lion table at'the first available opportunity. probably in October. ’1 he termarc not determined.

RELIEF PREDICTIONS. LONDON, Sept. 21

Applications for relict in \\ est-l lam found the benefits generally reduced twenty-live per cent., and no cadi was distributed, whereas previously hall the relief was given in cash and half in food tickets. The change of conditions are due to the operation ni the Health Ministry's order.