GENERAL CABLES

Hokitika Guardian, 24 May 1929, Page 5

GENERAL CABLES

DR VOGI.ER RESIGNS. (United Press Association—By Electric Telegraph—Copyright) BERLIN, May 23. Dr . ogler has resigned as reparations delegates. Cabinet later in the day will inform the conference of its intentions. RICHEST GERMAN. LONDON, May 23. The ex-Kaiser is still the wealthiest German according to Hen- Marlin, the Government Statistician, who estimates the present value of the Hohcnzolleren property in Germany as at least twenty-live millions sterling.

BANK OF ENGLAND. LONDON, May 23. The Bank of England’s return of public deposits is £27,209,748.

SAFEGUARDING DUTuvS. LONDON, ATay 23. Sir "Morris has entered the McKenna duties controversy with a statement that in view of the increasing keen foreign competition, safeguarding is essential to the prosperity of the British motor trade. It has .meant a great increase in employment and also'a substantial .reduction in. the prices of British cars’. Tlie abolition of the duties would very seriously-handicap the industry for the sake of a political fetish. “The abolition of -safeguarding means the curbing and retardation ol British industry and thousands out ol work.” ''

TASMANIA’S GOVERNOR. LONDON,'May 23. The Tasmanian Governor, O’Grndy’s term of office has been extended for a year from 23rd December, 1929. DUTY ON WHEAT. ROMK. May 23. The import duty on wheat and flour has been raised from l()()d to l‘2Sd from to-day. A FRENCH' PROPOSAL. .PARIS, May 23. A proposal has been introduced into Tie Chamber to increase the-.'duties on imported wheat and impose an embargo on the;-? importation ,of; foreign grain of inferior quality.

AUSTRALIAN HISTORY. LONDON, May 23. Captain Bean’s third volume of Australian history is lengthily featured in the newspapers. 'The “Daily Clironclc ” displays streamline headings about- the story of Major Murdoch’s informal truce and quotes the book to the extent of a column. Hughes’s 'book is also lengthily reviewed. ■'

FRENCH ARMY DESIGNATION. PARIS, May 23. The Council of Ministers decided to discontinue the appointment ol: marshals as an army honour, lapsing with the deaths 'of Retain, Joffre, Lyatey, and Desperey:"

A loan flotation: (British Official Wireless.) Received this dav at 11.25. a.m.) RUGBY, May 23. A loan to he issued by the Bank of England on belialf of the Central Electricity Board was underwritten to-day. The amount will be £3,000,000 and t'ne loan will take the lorru of four per cent redeemable in 1959-69. It is to he offered at £B3 per cent. The loan will he devoted to the forwarding of schemes ol tlie Electi icirt Board, which was set up to eo-cfl'di-nn,te and develop electric supply of this country.