GENERAL CABLES

Hokitika Guardian, 7 September 1928, Page 2

GENERAL CABLES

United Press Association.—By Electric Telegraph.—Copyright.) \

COMMERCIAL. LONDON, Scptember.o. Gold is £1 4s lljd. At tallow sales, 664 casks were offer- / ed and 210 sold. Good mixed wiis 3d easier, other sorts unchanged. No dcin.a ml for good mutton and beef.

FINANCE SCANDAL. v BERLIN, September 5. Stinnes has been arrested. It is be- \ lieved this is the prelude to a bigger scandal over AA'ar Loan Stock. If * bought before 1920, AA'ar Loan Stock was worth fifteen per cent gold value. If bought Inter during inflation, it only was woi-th fivo per cent. Ail investigation by the Ministry of Justice Ims allegedly revealed that hanks ip Germany, France,.Roumama, and Holland are implicated in the presentation of the lattdr category stock as tlie former to the extent of one thousand millions sterling.

—~ A, LONDON’S MENANCB FROM '~ GAS ATTACKS

LONDON, Sept. G. Recalling the .criticisms following on the recent British air manoeuvres, at London that the authorities are apparently making no effort .to provide London with some form of defence against poison gas attacks, "The i Times” aeronautical correspondent says: “On the contrary, the authorities arc alive to this prohlem and are actively searohiug for an antidote for civilian- use.” , t :• The correspondent points out: “OK viousl.v the more successful that antidote the less necessary it is to demonstrate it, the .need rather being to advance with secrecy, in the national necessity even though it may give the impression that nothing is being done.” Japan recently rehearsed a gas at- ’’ taeK, serving out gas masks to the population, but the correspondent says: "If London’s preparation for gas attacks is the storage of ten million gas. masks ready for distribution, then London is not prepared now, and will not ’ . l:c for many years to come. It is also clear that huge underground shelters . J are valueless, especially against the heavy gas of the mustard type, which t- ' creeps along and lies on the ground.. They may he effective against ex- 1 . plosive bomba but against gas, the logi- > ..'. cal refuge appears to be the roofs and. upper storeys, where the gases cannot roach, or where they will become inno-; euous in contact with free air currents.”

The writer adds:—"Only effective;, protection must rest in the use of somo' readily-acquired material,' and not in * the issue of special apparatus from a central store. That is the ideal aimed at but tho extent to which the authorities have been successful is necessary to be kept secret, as • the announcement of this particular defence' \ measure would inevitably lead to fur-. thor experiments to find gas to defeat the anti-dote. , >- •

THE COMMUNIST PARTY. LONDON, Sptember 5. j Tho “Daily Telegraph’s” Higq correspondent says :—At the closing session of the Comirtern at Aloscow, tho Communist Parties of New Zealand, Ireland and other countries were adnytted ns foreign members, but the congress refused a request from the Russian oppositionists for re-admission.