GENERAL CABLES

Hokitika Guardian, 2 May 1930, Page 6

GENERAL CABLES

SINGAPORE BASE

[United Press Association —By Electric Telegraph—Copyrght.}

(Received this day at 8 a.m.) LONDON, .May 1

The “Daily Mail” says behind Hon. A. Alexander’s answer on the Singapore base, lies the story of a boverumen dilernna. It is .now found that il will cost more to abandon the dock in its present condition, thap to proceed with the contract, which the Conservatives signed in 1928. The problem is whether to abandon the base, despite the cost, or complete the harbour, using it for commercial purposes. The latter course is the likelier.

ITALY’S NAVY

(Received this day at 8 a.m.)

ROME, May 1

Enquiries from the Ministry of Marine has elicited that the new warships are part of the tonnage allocated to Italy under the AVashingijpn Treaty. It is no new proposal, merely the portion of a regular building programme which was suspended pending the results of the London Conference.

BANK RATE

LONDON, May 1 The bank rate is three per cent.

LABOUR DAY IN TOKYO.

TOKYO, May 1

As a precauionary measure, two hundred trouhlo makers were jailed overnight at Tokyo. Labour Day was without serious disturbances. A procession was escorted by'five thousand police, for enforcing order. A thousand women participated.