GENERAL CABLES

Hokitika Guardian, 11 December 1930, Page 6

GENERAL CABLES

ORIENT GOY. (United Preso Association—By Electric Telegraph.—Copyri glit.) LONDON, Dec. 9. The Orient Steam Navigation Coy’s profit. after transferring fifty thousand to general, and twenty-five thousand to pensions reserve, was £281,66(5. They carried forward £101,340. POSITION IN BRITAIN. RUGBY, Dec. 7. The President of the Board of Trade, (Mr William Graham), expressed the opinion that the opening months of the New \ear would see a steady though slow, reduction of unemployment. Replying to criticism regarding the Government’s decision to allow the Dyestuffs Act to lapse, thus removing tho import duties on imported dyestuffs, he said that the textile industries, employing from 750,000 to 1,000,000, as compared with 7000 or 8000 in the dye industry, represented to the Government that the restricting effects of the Act handicapped them. He w as convinced that a policy of fiscal freedom was better and safer for a great exporting country. BUTTER IN CANADA. 'Received this day at 8.30. a.m.) OTTAWA, Dec. 10. Agnes McPha.il, a woman member of the House of Common's addressing the United Farmers Association at Toronto, said “A ring of four big creameries were doing all the buttei importing from New Zealand. There was no complaint, but as soon as butter started coming in on consignment to other dealers, who sold it at lower prices than the ring, the eountiy heard from, .coast to const a howl against New Zealand.’’ A MARRIAGE. OTTAWA, Dec. 10. A message from Hamilton (Ontario) states travelling thirteen thousand miles to become a bride, Reita Hendon arrived this morning for her evening marriage to Bobby Pearce.

CHINESE BANDITS. DERAIL A TRAIN. SHANGHAI, December 9. Bandits removed rails and derailed the Chinese Eastern Railway train near Szepingkia in Manchuria, to-day. Thirty-six passengers were injured. Six, Japanese' wfere efiptured. A rescue train battled with the bandits, and recaptured = the' captives. Eight police were wounded: Traffic was suspended pending the removal of the debris.

SECRET POLICE. ; ± . ... at WORK- IN ITALY. ROME; I>qcember9. A recent round-up of anti-Fascists has revealed tlve existance of a new body of - known as. the “Ovra,” working directly under the Minister ,of the Interior, of which Signor Mussolini '.is the head. The “Ovra’s’!’ agents. range from society people to porters, all of whom are pledged to secrecy. The “Tribuna,” ways that the “Ovra” step in before crimes are committed, instead of afterwards. It is silent ii'ml sudden, and its arrests are followed by trial at special tribunals, and there is nothing more to be said. ,

beet sugar. RIVAL TO AUSTRALIAN. LONDON, December 10. The fact that representatives of the British tßeet Sugar industry have asked for ■additional Government assistance oh; the next season’s crop is sharply commented upon in Queensland cirdlesj which point out that the subsidy’, oh beet sugar lias risen from £660,000 in the year 1924-25 to £4,229,000 sterling in the year 192930, and that the amount has been one totalling more than .sixteen million pounds in that period. Tt is even stated that the subsidy on beet sugar amounts to more than the value of the product, whereas, on the contrary, the annual value of the preference given on Australion sugar amounts approximately to £600,000. .

MR, MALONEY. NEW YORK, December 9. The Australian Minister <of Markets and Transportation, Hon. Mr Parker Maloney, has arrived here from London. He said: “There is no other country in the world where a young man can do better,, or make his way quicker, than in Australia. Hfe nee'’ have no mercy. He requires only grit and determination.”

FIRE ON OLD LINER. (Received thi§< dav at 9.40 a.m.) LONDON, Dec. 10. A fire broke out on the famous old Atlantic liner Empress of Scotland.; docked at Bif'tli Harbour. The vessel blazed so quickly that the flames, hurst through four decks, and in a couple of hours only the fshell remained.

Eight men aboard escaped by the barest margin . and lost all their effects.