AMERICAN CABLE NEWS

Hokitika Guardian, 16 August 1927, Page 3

AMERICAN CABLE NEWS

(Apstralian & N.Z. Cable Association.')

CHAIRMAN’S DEATH

(Received this day at 9.80 a.m.) NEW YORK, Aug. Jo. Obituary.—Elbert H. Gary, Chairman of the United States Steel Corporation, aged eighty-one. NEW YORK, Aug. Id. Mr Gary's death as removed one of the most picturesque figures irom the American world of finance. He had been ill for a long time, hut details of his condition were kept Irom the public owing to anxiety as to the effect of the news on the market, and

the announcement of his death caused a. little, disturbance. However an upward trend followed the news, which close observers declare is a healthy indication regarding the conditions at present in the financial structure. There are also many indications that plans were laid by financial interests to support the market systematically, thus preventing a break. Mr Gary started life as a farm labourer in Illinois .afterwards becoming a lawyer, a judge, and then a financier. THE DOLE DACE. WAN FRANCISCO. Aug. lb. A series of misfortunes are attending tlie air race to Honolulu lor the Dol'e prize, which so far has resulted in three deaths, three planes wrecked and the postponement of the race continues.

The latest development is the vigorous protest by the pilots against tiie methods of inspection by the Federal officials. Pilots claimed that the inspectors were too rigorous in their demands regarding the condition of the planes and the ability of the pilots and navigators. Their protest against sue requirements has been despatched to Mr Hoover, Secretary of Commerce. Meantime, Major Clarence Young, Director of Aeronautics under the Department of Commerce, who defined the standards of qualification, returned to Washington, but departmental officials deny that the protest continues with the departure of the officer. The death of Captain Rogers cast a shadow over the entrants final preparations.

The following destroyers have been ordered to he at the places named by, noon to-morrow :—Hazelwood, 100 miles out from San Francisco; Lightship Myers, 250 miles out; and Sumner, 400 miles out. These ships are directed to try and keep in touch with the aviators by radio.

Admiral Jackson, the Battle Fleet Commander, who sailed from Honolulu) for Seattle.on Saturday on the destroyer McDonougue, with three other destroyers of the Sixth Destroyer Squadron ns escort, is also directed to keep watch for the airmen. These four ships will he about the half-wav point on the 2,400-mfles journey by to-mor-row.

THE DOLE PRTZE FLIGHT. SAN FRANCISCO, Aug. 15. Although the Dole race is scheduled to commence to-morrow Giles is still in Detroit. He declared ho is leaving to-night. 11l the meantime the Navy have taken special precautions for the safety of the nine entrants who have now passed the inspection and navigation tests. Seven destroyers have been -despatched to cover the various points along the great circle route. The aircraft carrier “Langley” and the aircraft tender “Arostoek" have also been ordered to he in readiness for relief work at their Pacific Coast stations A- Other ships and aircraft may he sent from Hniwnii after the flight starts. INDIAN RISING. LA PA/ (Bolivia), Aug. 15. Finding clubs and sling shots inadequate for the restoration of order with the Incas against the rifles and machine gnus, the Indians are making pitiful defence and those in Paz hate failed to join the rising.