AMERICAN CABLE NEWS.

Hokitika Guardian, 8 January 1926, Page 2

AMERICAN CABLE NEWS.

[Reuter Telegrams.] QUAKE AT ’FRISCO. SAN FRANCISCO. Jan. G. A sharp earthquake was felt in the Sail Francisco Bay region to-night. There were two distinct shocks of live seconds. CONTROL OF PRICES. WASHINGTON, Jan. 6. Air Hoover, testifying at the opening of an enquiry that is being conducted by the U.S.A. House of Commerce Committee into the British rubber prices, on Wednesday, declared “Foreign control of the rubber prices threatens not only the sane progress of the world, but contains it in great dangers to international goodwill.” Air Hoover said: “It is this intrusion of the Governments into traduj* operations on a vast scale a host of new dangers which are tho inevitable aftermath of any such cf-. fort by political agencies to interfere with the normal processes of supply and demand.” Simultaneously, Representative AlcKeown of Okiahanin, put forward a proposal for retaliation, by increasing the price of United States cotton abroad.

Air Hoover states that the issue before the Committee was a much broader one than the price of any particular commodity. He declared that it involved the whole policy that the United States shall pursue towards a comparatively new and growing'* menace in international trades in urging the working out of a broad contractive solution, he said:—“The situation cannot be solved by acceptance, and it will only be aggravated by retaliation.” He said that at present there were Government-controlled combinations in nine raw materials, namely Egyptian cotton, camphor, coffee, iodine* nitrate, potash, mercury, rubber, and sisal hemp. ALARVELS OF WIRELESS. SAN FRANCISCO, January 8. Photographs were successfully transmitted from New York to Sran b railcisco and rebroadcasted to Honolulu. It is declared by the radio engineers to be a remarkable step in radio photograliic transmission. WHEAT EMBARGO. WASHINGTON, Jan. G. The Departmen of Agriculture has announced a new quarantine regulation, to become effective on the first of February, prohibiting the importation of wheat from India, Japan, China, Australia, South Afirca, Italy and Spain, because of the flag smut disease. The entry is also prohibited of all the wheat products of the countries named, except such as have been milled, or put through a process so as to have destroyed all the flag smut spores.