BRITISH & FOREIGN NEWS

Hokitika Guardian, 7 February 1927, Page 1

BRITISH & FOREIGN NEWS

[by telegraph—per press association.] A SPEED RECORD. LONDON, Feb. 4. Malcolm Campbell in the racer. “Bluebird” smashed the world’s speed record at Pending Sands with a mean average spiced in excess of 174 miles hourly. The times were a kilometre 12.791 seconds or 174.843 miles per hour; mile 20.003 seconds or 174.224 miles per hour. Campbell’s achievement was a magnificent triumph for British motoring. “Bluebird” is British entirely whereas Parry Thomas’ car in which the previous record wiis established has an American engine. When finihed Campbell liad almost to bo lifted from tho car, the terrific wind pressure blew off his goggles. He said as the (lag posts flashed by tho wero just a blur.

MUSSOLINI AND ITALIAN KING PARIS, Feb. 4.

Thcro arc persistent rumours emanating from Italy of differences between Signor Mussolini and the King and Queen. It.is stated tho King lias been urged to abdicate.

REPARATIONS. WASHINGTON. Feb. 5.

Tho U.S.A. State Department announces that an agreement has been concluded with Germany providing for tho payment to tho United States of its two and a quarter per cent, share of tho German Reparations under the Dawes Plan. Approximately 5,800,039 dollars is due for the year ending Bth August, 1927, and approximately 10.700 thousand dollars per annum thereafter. The agreement does not cover the American Army of Occupations costs now being repaid at the rate of thirteen million dollars per annum. The present arrangement may be terminated by either party no earlier than June Ist. 1927, and becomes effective on September 1, 1927, or in subsequent years, on and for the same dates in respective years.

WINE CONTROL. MADRID Feb. 4. The Spanish Government has published an agreement signed by Spain, Chile. France, Greece, Hungary, Italy, Luxembourg, Mexico and Portugal, creating an International Bureau of Wine, whose business it will be to collate information demonstrating the beneficial effects of wine, and also to submit measures assuring protection for the wine-growing interests, and electing, if possible, a uniform method of presenting the results of analysis, o presenting the results of analysis, and also to endeavour to secure marks or origin, to repress frauds, and ensure purity. WINK DUTIES AT HOME. LONDON, February (i. It is understood that Mr Churehhill is retaining; the wine restriction, but a five tier cent basis will be calculated for the three last months of last year. AUSTRALIAN BORROWING. LONDON. February <i. The Exchange Telegraph Agency’s Amsterdam correspondent says that the issue is announced of a million dollars live per cent, gold bonds, for Now South Wales at 971. as port el Jl twentv-tive million dollars loan.

.U'sTItALI AN MIGRATION- SCHEMA LONDON, February 6.

Official quarters have no knowledge of the details of Mr Bruce’s migration delegation which they say lie merely mentioned here as an idea, with the intention of working out the details later.