BRITISH AND FOREIGN NEWS.

Hokitika Guardian, 26 January 1926, Page 3

BRITISH AND FOREIGN NEWS.

THE GREEK LOAN

ATHENS, Jan. 25,

The decree was accompanied by : circular explaining that the object ol the loan is to clear tip. the financial situation. The proceeds will he utilised for the redemption of the ([outing debt. Premier Pangnlos interviewed, declared the loan would avert file necessity for a recourse to inflation and enable people to save thereby, increasing the purchasing power and contributing to the restoration of the national finances. RAILWAY CRISIS. LONDON, Jan. 22. The decision of the railwnyinen raises issues of the utmost gravity, hut must not he regarded as final as the companies may be persuaded not to operate the award on February 1. The companies have already announced their adherence to the award. The railway-men's position is complicated by the fact that the men erenow rejecting the advice of Mr .). If. Thomas and Mr C. T. Cramp. It is understood the chief reason for dissatisfaction is the scale of base rates arranged for the lower grades of workers, but these only apply to men who join the companies in the future, as

the present employers receive a bonus on the cost of living. The railwnyinen apparently fear that new workers earning lower money, will displace men re-

ceiving the sliding scale and bonus

GERMAN SPY ORGANISATION. WARSAW, Jan. 20,

A big spying organisation, workin on behalf of Germany, Inis boon dis covered according to (ho newspapers Three lenders and numerous accom p|ices were arrested and a consider able ((uantit.v of compromising dneu meats wore seised. The alleged spie. have wide connections in aristocrats and military circles. AIU.WTAZ SCAN PA To LILxROX. dan. 24. 'Pile “Daily Chronicle” states Sir John Simon recently visited Tndia in connection with the Viceroy’s demand upon the Maharajah of Indore to justil'y himself before the Indian Princes, in view of the Alumtiiz Begum conspiracy. Sir John Simon and Sir Patrick Hastings will prohahl.v he the counsels for the Maharajah, if lie appeals to a Commission of his Fellow Princes, as the King’s Counsel advise is that there is no evidence to associate the Maharajah with the conspiracy.

The precedent for an appeal to the Princes is the trial of the Claekwar of Ba.roda fifty years ago as a sequel to a. poison esse. CARDINAL MERCIER. til? UKSELS, Jan. 2-1. World wide condolences have been received in comiectioi with Cardinal Mcrcicr’s death. His body is lying in state in his cardinal's robes. The police were unable to restrain the huge crowds desiring to pass his bier. They have arrested several persons and closed the gates of the Cardinal’s palace. BERLIN, Jan. 21. The German resentment at Cardinal Mercier’s conduct iri war time has hurst of enluniiny in the Junker press, which declares that the Cardinal was the Germans’ most dangerous enemy, and that lie opposed Germany’s kindness and humanity in Belgium. BUTTER CONTROL. TILT AT N.Z. BOARD. LONDON Jan. 24. The “Westminster Gazette'’ in a lending article says: “Before we can approve of one million pounds expenditure yearly to advertise Empire goods, the Government should explain why it lias riot protested against the New Zealand Dairy Board reducing the butter shipment to Britain between now and August to the extent of fen thousand tons, as compared with 1925, for the purpose of supplying the United States which has'offered higher prices. This is merely a forefaste of what the New Zealand Board is likely to do when it, controls [produce /calmed at tu'olnty (millions yearly. Australia is organising a similar control of her foodstuffs and wool, thus proving the short-sightedness of the “Buy British Goods” campaign, as also it proves the fundamental fallacy of the Government’s Imperialistic protection ist policy.”

SPORTSMEN'S SER.V ICE. LONDON, Jnnnary 25. Hohhs, replying to an invitation to rend a lesson at the sportsmen’s service at St. Murk's Church, Mitehan, said: " T would rather face Australian bowling for three weeks than read a lesson in church.” Instead Hobbs took up the collection. Knight, a Surrey cricketer, read the lesson. Rev. Roberts, a popular Rugby referee, conducted the service and the Bishop of "Woolwich was preacher. NEW ATI? AGREEMENT. (Received this day at 11.25 a.m.) LONDON, Jan. 25. A white paper was issued containing a new agreement with Imperial Airways Ltd., 'supplementing the agreement of loth. May, IP2I. between the President of the Air Council and the Company. Tho new agreement modifies the orignal agreement by substituting ".for the minimum' annual mileage of a million miles required to qualify for a subsidy, a new composite minimum of 425 million horse power miles; also providing that for the purpose of reckoning this minimum, every mile performed by marine aircraft shall count as a. mile and a half. This minimum requirement shall lie met every year without any such arrangement as contained, in the original agreement for averaging mileage in earlier years. The modifications are intended to encourage the employment of higher powered machines, and consequently will enable "the company to develop towards a . self-supporting basis as the subsidy decreases. They are also intended to prevent the development of overseas falling into abeyance as express marine aircraft hitherto used have been found to have so high a cost of operation in relation to their paying load that there had been insufficient inducements to develop overseas services. TVANOFF RELEASED. - PEKING, Jan. 25. The Soviet Consul General telegraphed to Karakhan stating Chang-' tsolin had .ordered the release of Ivnnoff,. and all the arrested Soviet officials and workmen in Harbin.

FLIGHT OVER EVEREST. London, Jan. 25. The “Daily News” says the French •aviator Collizo, holder of the world’s altitude record of 39,580 feet, accompanied by a cinematographer intends to make mi air attack on .Mount Everest. A Bleriot machine is licing specially designed, being fitted for flight, in til in air. ft, is equipped with oxygen for use above twenty-five thousand feet in order to avoid the air currents about Everest. When Collizo reaches the required height, lie will dive towards the summit and drop the French flag to which will he attacked a sealed tube containing an account of the flight.