AMERICAN CABLE HEWS

Hokitika Guardian, 4 May 1927, Page 3

AMERICAN CABLE HEWS

[Australian A X.Z. Cable Association.]

LOSING THE f 1.001) BATTLE

'.Received this day at 9.0 a.in.) NEW' YORK, May 3. \ A message from New Orleans says Louisiana is lighting a losing Rattle against tlio crest of (lie Mississippi flood. The homes ol two hundred thousand persons are in the path of the waters, which have broken through levees in the northern part of the State and other levees are crumbling along both Mississippi river and large tributaries, it is feared that new havoc will follow when the crest advances a abort distance. The Red Cross have made preparations to care for a further one hundred thousand refugees in camps. Boats are gathered at central points, ready wim crews to hasten to districts where aid is needed. There are marooned victims, although th eevaeuation was accomplished more speedily than farther north. The headquarters of Louisiana relief have been established at liattonrouge.

THE KING’S SYMPATHY. WASHINGTON. May 3. King George cabled his sympathy with the sufferers from the flood in tho Mississippi.

WHEAT POOL. NEW YORK, Mnv 3

A message from Kansas City states Donnelly, Rath and King craved for a wheat pool conference. Donnelly, interviewed, advocated the complete elimination of the middleman. He said the co-operative associations have come into being as a direct result" of speculations on the floors of the exchanges. The elimination of this burden of tho middleman would solve the problem. The pools are not designed to force artificial values, lmt to eliminate the period market rush and to prevent gambling.