BRITISH & FOREIGN NEWS

Hokitika Guardian, 8 October 1925, Page 1

BRITISH & FOREIGN NEWS

j Router Telegrams.] Hi ."SI AN I INAXCK. .MOSCOW, October i;. SUkciliiikin', (oinntissary ol Finance, ;iitll'Mllll •’<i tin. 1 Si:11!> Haul; has eoncludnl an agreement with a |> of ilia largest German hanks by which lln* latter will grant the Stale Bank a credit ■ >seventy-li re million Cennait mat Its. v.liieh cinnhined with a trade credit will enable the put'chate in Germany el coeds on credit valued at one hundred million gold marks. A term oi several monllis is suggested lor the credit Sokolnikov states the credit is the lirst of a series of I a fee credit agreement ]irejected by the State Hank. AUSTRALIAN borrowing. I.ONDON. Oct. When a Wc-t Australian loan is placed on the market within a few days, a South Australian loan of a million and a half, and a Tasmanian loan oi' six hundred thousand will jointly follow almost immcdinlcly. Then New South Wales will seek for a minimum of five millions of new money. M. Jansen. Belgian Finance Minister. litis eenlcrred with ilte {inventor of the lin til; of England and other financiers regarding the raising of a loan in Briiuiii to improve the Belgian currency. It i-. reported Ihe reception was favourable. HAND REPORT. I.ONDON. Oeloher (1. The report of the Liberal Land Committee over which Mr Lloyd Oeorge has presidi'd for (lie past two years has I published in hook form, fi emphasises that more people are unemployed than are engaged in agriculture. Drastic, dolormincil action is ueoes.-nrv to secure reform, ensuring worker- of the land a proper wage and opportunities of advancement. The repo ri declares the Slate niitsj exercise its right and full functions as regards agricultural land, in order to secure the best possible conditions and tenure, am! so assist in its full development. The report details the new policy of a cultivating tenure, which is described as drastic and In a sense revolutionary. closely resembling conditions in Denmark. A I'STB \ 1.1 A X LOAN". !.().\1)(IN. < )et. <i.

living in ilit- 11<> 1:11 ion »irk of three British 11111 ni<- i | I !< >;i iis _ np.'ivgnling. ri’S.uiHl.ullO aii'! i<» niinihor trustee sine!; is-ue next week, i In• issue of the A list ralinn loan- cabled yosiorday tins liia'ii deferred. po.-sil.lv for a I'ori night. It is understood ilint Mr Lang. (InNow Soul!i Walos Premier's uithdrawnl from the Ain ru!ia ll I.,an Ciumcil. w hereunder i!io Stairs arris' to tlu-ro la in;; rotal.iiui in t ho placing ol loans, lias put New South Mali's at a disadvantage. a loan preference being given t lie oi Inn Si a t e-. AA'li EAT. LONDON". Ooiol.oi' A. The Soviet Government has ranee I led the charters for a number of wheat steamers, owing to an inability to got wheat to the Blank Sea'polls, in e.hi•■equenee oi the peasants’ rolus-al to sell. This may cause a hardening of prices tor Australian and other carroe- but probably not to any great extent, a- tile traders know there is plenty ol wheat m Rus-ia, which will lie marketed sooner or later. OTTAWA. October fl. A Winnipeg message states that Western Canada's wheal crop for l!'-o is placed at It'll).,'is.',.o<H) bushels by the North AA’ost Grain Dealers’ Association. B.v provinces, the estimate (in bushels) is; Manitoba As,.".fit .1)00, Saskatchewan d'-.Vi.olA.Mifl, Alberta 1.'10.205.000. CRICKETER NOT POLITICIAN". LONDON. Oct. 0. Hobbs has declined a request to stand as the Liberal candidate for Tooting against Sir Alfred Butt. SADR TAN T'NRKST. DARTS. Oct. G. Serious disturbances hare occurred in llama, in Syria. Tim inhabitants aided by Bedouins attacked the pubic' buildings, and disarmed the local police. A detachment of Syrian cava! rv drove back the rebels, and reinforcements rushed to the scene. Thirty rebels were shot. Order baa been re-c-t ablished. MALTA'S ATTTONOMY. T.ONDON. Oct. 6. The "Empire Pavlianieniary Association gave a luncheon to Air Mifsud, the first Prime Minister of Malta to visit Britain since the granting of selfgovernment. Mr Aniery. presiding, emphasised the real success of the constitutional experiment in Malta five years ago.