BRITISH AND FOREIGN NEWS

Hokitika Guardian, 17 July 1926, Page 3

BRITISH AND FOREIGN NEWS

[Australia & N.Z. Cable Association.] BETTING TAXATION. LONDON, July 15. In the House of Commons, Ah . Churchill (Chancellor of the Exchequer) introduced emendations to tho Betting Bill, reducing the duty to he s imposed oil credit betting to three and , a half per cent., and that oil race ! course betting to two per cent., in- ( stead of the previous proposal for an f all round duty of live per cent. Air Churchill explained that- the turnover of betting was larger than had been previously anticipated. The new prot posals would still yield six millions of p revenue a year. The amendment was agreed to. DUTY' TOO HIGH. „ LONDON, July 15. Air Ross, Chairman of the Distillers Company, speaking at the annual meeting. said that, the present exorbitant rate of duty was gradually bleeding the whisky trade to death. The eonsumption last year was twelve million gallons, compared with twentv-eigbt { millions in 1916. MADAAIE TUSSAKD’S. LONDON. July 15. A new company, with a nominal capital of £157,000 has been formed to take over and rebuild the famous Tussard’s Waxworks Exhibition, which was partially destroyed by fire over a year ago. Tussnrd’s great features of London life of ninety years ago, and tlie “Chamber of Horrors,” which would t have been the most difficult portion to replace, were saved from the fire practically intact. Mr Tussnrd, who will : he a member'of the new company, has i all the moulds of the historic exhibits I which were destroyed, while more re- i cent, notabilities, such as the cricket- I ers Tate and Sutcliffe, and Afdllc Len- I glen, will be added. < ARCHANGELS WANTED. 1 LONDON. July 15. Bishop Southwell, summing up the requirements of modern congregation - in a pastoral letter, says: “A clergy- r man is expected to be a good preacher, a regular visitor, a hoy’s man. a c young man’s man, a business man. f and a tactician, and to have a good wife who will act as an unpaid curate. 1 The truth is that the congregation fc want an Archangel.” o married life. LONDON, July 15. I Professor Robertson. President of A the Royal College of Physicians. Ediu- t burgh, lecturing to the British Aledi- i cal Association, declared that insanity was nearly three times as prevalent among single men and women between the . ages of twenty-five and fifty five as it was among the similar number of married at the same age. The incidence of insanity among mar- a lied people was decidedly low. The c obvious deduction, therefore, was that ? the condition of marriage was the o most favourable mode of existence 1; for men and women remaining, v Bachelors between twenty-five and e thirty five, he said, died on an average S four years sooner than married men, fi in addition to running three times the »S risk of becoming insane. lie added T that powers first began to fail between d the ages of forty-five and fifty, when s an .increased effort was necessary, in e order to keep abreast of younger com- a petitors. b

CAPE LOAN. CAPETOWN, July 15. There has been a poor response in London to tbc South African loan This is regarded.as very unsatisfactory in commercial circles. ’I he view is expressed that the Union Treasury badly miscalculated the position. The result is contrasted with the success of tin recent New Zealand and Victorian loans in London. Three causes proudly contributed—first, the fact that the issue was made at par; second, investors do not like the big jump made in the Union expenditure last year; and third, the money market is upset by the repeated assertions of the Nationalist leaders that secession is their ultimate goal. The Union Government circles, however profess to he quite unperturbed. W r AR EXPLOSIVES. PARIS, July 1-3. The newspaper “‘.’Oeuvre” allege:that a large section of the Frencl coast, including Etaplcs and other seaside resorts, is in danger of beinf wiped out by explosions. Hundreds n. thousands of shells, aerial torpedoes, and hand grenades front the British Somme front are protruding from tin soil, so that a blow from a child’* spade 1 would suffice to explode them. Shrimpers, are not allowed to operate in the region. “iJOeuvre” states that the contractors promised to render the explosives harmless. Instead, they buried the shells a few iholies belon the surface. DAIRY PRODUCE. LONDON, July 14. Butter —New Zealand, choicest, 168 s to 170 s per cwt. The market is veryquiet. Danish 173 s per cwt. Cheese—Coloured 935. white 90s per (.\vt. Tbc market is slow. mngnM7tT — —mna tor Influenza Colds take Woods’ Great Peppermint Cure4dvt.