BRITISH & FOREIGN NEWS

Hokitika Guardian, 9 September 1926, Page 3

BRITISH & FOREIGN NEWS

| Australian & N.Z. Cable Association.] THE MYSTERY -MAN. (Received this day at 10.15 a.m.) LONDON, Sept. S. . Tho *’Daily Mail’s” Paris correspondent reports Lowenstoin has prepared a form of syndicate in which British financiers will share, whereby Belgium in exchange for fh loan of ten millions sterling will print and hand over to a syndicate bank notes of a equivalent value, with which tbe syndicate will buy foreign bills and Belgian industrial shares. If the franc ‘depreciates after three years Belgium is to refund ten millions, in exchange for notes. During tho period of the loan all Belgian exchange operations must be transacted through tile syndicate. Tho “Daily News” Biarritz correspondent states tlie French Government will get a loan from Lowenstoin, conditionally on its being employed solely for the stabilisation of the franc at 165 to the pound sterling, and the establishment of a gold basis of einrency.

INSURANCE FRAUD CHARGE. [Received this day at 12.25 p.m.) LONDON, September 8. Mrs Revan,'giving evidence in the charges of fraud against her, said on the day of her disappearance she remembered being at Exeter, attired only in one stocking and a mackintosh. She did not remember her identity until two days subsequently, when she did not want to return to face her son and friends. She went to New Zealand because she wanted to leave hei former life behind. She obtained a situation before sailing. Her depaitnre was not associated with the insurance policies, from which she never received a farthing.

Counsel—AVh.v did not you communicate with: the solicitor if anxious about the insurance money. Airs Be van—l should have done so. She added that she took nut the insurance policies in order to make some provision for her son. She was about to marry a wealthy tea planter, hut this was broken off. because of frequent quarrels about her son. T'’e hearing was adjourned. ADORATION. LONDON. September 8. Despite the limitation of migration regulations by some States, the Afignition Department expects to send a total of thirty thousand immigrants to Australia in 1926. the highest since the war. This is apart from any new schemes or speeding up, which may result from the Imperial Conference diseusssion.