GENERAL CABLES

Hokitika Guardian, 7 March 1930, Page 5

GENERAL CABLES

BANK RATE REDUCED

(United/Press Association—By Electric Telegraph.—Copyright.)

LONDON, March 6. The Bank rate has been reduced to lour per cent.

PRIVATE INVESTITURE

BUG BY, March (»

The King held the second investiture at Buckingham Palace to-day. The investiture, in contrast to the official one on Tuesday, was private and morning dress was worn. The ninety recipients of honours and decorations were drawn from all ranks of life and included a miner and a seaman. The King presented nine medals for gallantry in saving life at sea. Some of these were in connection with rescues from ships in distress during the tempestuous gales of last year.

GANDHI’S ULTIMATUM

DELHI, March G

Gandhi states, while lie is ready to compromise with the Viceroy, unless a favourable reply to the ultimatum is Received by Tuesday, the campaign of civil disobedience will commence. He will personally lead the first batch of volunteers, consisting of men disciples from his settlement at Alimedabad, who will march to the sea coast. He refused to take women disciples, saying it would be a cowardly aotfi to place them in the forefront of the battle-, knowing Englishmen wouli never harm them. WHEAT RESTRICTION BILL CAPETOWN, March 0. The Wheat Importation Restriction Bill has passed the Senate. CANADIAN PROPOSAL. (Received this day at 9.40 a.m.) ONTARIO, March 6. Secretary Stephen, of the National Dairy Council of Canada, at the annual convention of Canadian Produce Association advoacted a duty of seven cents on butter, with Australia and New Zealand given three cents preference.