GENERAL CABLES

Hokitika Guardian, 10 February 1930, Page 5

GENERAL CABLES

RECORDING STOCKS

k United Press Association—By Electrs Telegraph—Copyright;.

(Received this clay at 9.40 a.m.) London; Feb. 9,

The Empire Marketing Board will in future publish fortnightly, the stocks m butter in cold storage.

SHOOTING THE MOON.

BUDAPEST, Feb. 9

Professor O’Berth, whose pians for a rocket trip to the moon are in abeyance, is now conducting trials to shoot a postal packet to America. He believes if a rocket weighing 120 pounds, measuring 15 metres, is shot from Segesvar in Transylvania, it would land or, American soil in half an hour.

N V .Z. STEAMER ON FIRE

(Received this day at 11 a.m.) LONDON, Feb. 9,

The British steamer Maimoa, bound from Napier to- London, sent a wireless message from latitude 48/40 north, longitude 32/46 west, that No. 3 hold was on fire. The ship is making twelve knots, and is going to the Azores. She asks that ships in her vicinity should indicate their whereabouts.

THE NAVAL LIMIT

IN REDUCTIONS

(Received this day at 8 a.m.)

LONDON, Feb. 8.

“When we approach further naval disarmament conferences, additional reductions which Britain might make, must be governed entirely by the contribution of the military and not the naval Powers,” said the hirst Lord Alexander, addressing the Twelfth .London Regiment of Territorials. “The Navy is the principal defensive arm of the Empire. Britain cannot further reduce her sea power until slit\ knows how far others are prepared to meet her hv reducing their land and air armaments.” UNEMPLOYMENT SCHEMES. AN AUTHORITATIVE VIEWPOINT. LONDON,. Fob. 9. What appears to be an authoritative viewpoint on the much discussed difference in Cabinet over unemployment schemes was provided by the “Daily Herald’s” political correspondent. .He says divergences ol opinion admittedly exist. All Ministers accept the view that the so-called rationalisation in industry is inevitable. and some contend it is the business of the Government, not the hanks, to plan and direct the general process for .the attainment of that end. This has induced them to submit suggestions for the formulaion of what they describe as a long term industrial policy. Furthermore Mr Thomas has repeatedly declared that hopes for an industrial Revival must he based on increased 'export. Others express doubts as to such trade development in view of the increasing industrialisation in overseas countries, which formerly were Britain’s customers. They urge immediate steps to relieve the situation, which would involve a development load. A memorandum upon this proposal is now being considered by a committee consisting of Messrs Snowden, Greenwood. Shaw and Miss Bondfield,