AMERICAN NEWS
Atifeitralinn Press Assn.-—-United Service RE-DISCOI'N'T HATE. WASH IXGTOX, April 19. The Federal Reserve Hoard has approved of the establishment ol re-alis count rates of lour and a-hall per cent for Boston and Chicago reserve hanks, to be effective on 2(lth April. Ihe move is believed to he a gesture by the Board to curb speculation. New York Federal Reserve Hoard has made no change in the rate. NEW YORK, April 10. Four millions of share trading has so "congested the brokerage offices with clerical work that the Stock Exchange Governing Committee voted to close the exchange on Saturday, 21st, to permit firms to elear up the work.
SF.VEN CHILD!? EN DROWN ED, (Received this day at 9.30 a.m). VAXCOUA’EH. April "20,
Seven Japanese children were drowned in the Fraser river during a joy ride to Christen in a new gas Boat. The vessel hit a mud hank spilling twelve children into the water, live being rescued.
IMMIGRATION" POLICY. A.U'S'tralian Press Assn.—United Service (Received this day at 10.40 a.m.) * OTTAWA. April 19. In the development of a sane immigration policy we must spend more money and secure co-ordination of effort, Sir Henry Thornton told the Parliamentary Immigration Committee on Thursday. He said he preferred a maximum of British settlers. Mr C'. H. Cavan, Conservative, advocated the Australian National Commission system for handling immigration. Sir Henry Thornton said this would he a solution.
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Hokitika Guardian, 20 April 1928, Page 3
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233AMERICAN NEWS Hokitika Guardian, 20 April 1928, Page 3
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