BRITISH & FOREIGN NEWS

Hokitika Guardian, 27 April 1926, Page 2

BRITISH & FOREIGN NEWS

[Australian & N.Z. Cable Association.]

THE TRADE WAR.

LONDON, April 26. Tho “ Daily Chronicle ” publishes an article by Sir Leo. Chiozza Money, i the noted economist, on “Tho World J Race for Trade.” The writer points out that seven years after the end of the world war, Britain is now able to export manufacturers valued at £616,000.000 in a single year, this being more than any other country in tho world can do. He continues: “This is a. fact- which helps us to preserve a sense of proportion. No area in tho world presents such a closely packed hive of industry as Britain. It is said that workmen earn up to £2O per week in America, but the average weekly wage in New York Oitv is thirty-two dollars. Britain can beat J America hollow in ship-building, cottons, woollens, worsteds, and furniture. The system at the Morris Motor . > , Works. Cowiev, where the manufactured parts are assembled on a fixed track compares favourably with the Ford conveyor system. Passing along this track, the chassis grows to completion in one hundred minutes. Men lu-e fed at each point on the track with finished parts, which they hare to fix, the engine being dropped from above, i.md nine men fix the engine and the back axle in one hundred seconds. It is noteworthy that tho Morris-Cowley motor output has grown even quicker than that of the Ford works, increasing from 1932 cars in 1920 to 53,587 in 1925. The average earnings of the Morris employees .are 82s 6d weekly.

MONARCHIST COUP. PARIS, April 25. “L’lnlraiisigcant’s” Geneva correspondent says: “The German Communists have been informed that a coup d’eat Is being prepared in East Russia, Poland, and Maeklenburg by Prince Rupprecht, allegedly in agreement with the ex-Crown Prince of Germany, while President Hindeuhurg will resign at a. given moment, thus facilitating the operations. The reports are causing uneasiness, and the expulsion of the Crown Prince is demanded. DIVERS’ PROJECT. "■PARIS, April 2G. French and German divers leave Brest on May lltli to salvage one million pounds sterling worth of gold and silver aboard the P. and 0. linei “ Egypt,” which lies in 350 teet of water where she sank on November loth, 1922. The operations are expected to last four months. FATAL MOTOR, RACE. PALERMO, April 25. The classic European motor race for the Taroa Shield was won by Constnnti, who covered 510 kilometres in 7 hours 20 minutes, 15 seconds. A car, which was driven by the well-known racer Masetti, overturned on tho first lap. Masetti was killed. FRENCH BUDGET. PARIS. April 25. The Chamber of Deputies has adopted tho whole of tho 1926 French Budget, by 127 votes to 153. Tho Chamber lias also passed a clause establishing an independent redemption fund. A FRENCH CAPTURE. DAMASCUS. April 25. French troops captured Sueida, tho capital of JebelDru.se, after six hours fighting. The Druses forces, estimated at six thousand strong, desperately resisted, hut lost heavily. The French captured two guns. MOBOCCAN ’PEACE OVERTURES. PARIS, April 25. It is reported from OujiYi that the Moroccan peace conference lias adjourned. The Rift’s are insisting that official negotiations shall precede the official guarantees. General Simone lias telegraphed to Paris for instructions.

FRENCH COMMENT. [“ The Times ” Service.] (Received this day at 8.30 a.m.) LONDON, April 20. The “ Times ” Paris correspondent says that the comment upon uie RussoGerman Treaty is restrained in the absence of the text hut the Treaty has undoubtedly shocked France. It is regarded as definite that the German steps are aiming at freedom from bite western control, established under the Peace Treaties. It is considered tiiat Germany has cleverly taken advantage of the central position in order to become the pivotal European state. Especial misgivings exist in regard to the reported condition that Russia and Germany have agreed to consult upon their action, whenever an international situation affects the common interests.

The “Times’' Berlin correspondent says if Soviet Russia was showing tho smallest sympathy towards the League of Nations the Treaty would not ho regarded by most seriously, but the general impression is that Germany henceforward will lie allied not only to a non-League but to an anti-Leaguo power.