GENERAL CABLES

Hokitika Guardian, 10 June 1931, Page 5

GENERAL CABLES

X Z. LOAN. [United Press Association —By Electric Telegraph.—Copyright.) (Received this day at 10,15 a.in,) LONDON, dune I). Tim underwriters receive sixty-eight per cent, on the New Zealand loan. THE GUERIN CASE. LONDON. June 9. Guerin siiecgisslliby appealed against his conviction. An expert asserted that Guerin signed cheques. The appeal partlv turned on an anonymous letter written while Guerin was in custody revealing another person as the forger. GOVERNMENT EXPENSE GUI’S. O'P I XIOXS EX PR ESS ED. LONDON. June 10. City and stock exchange men express the opinion that if the drastic cuts in Government expenditure was accompanied by a voluntary and nor a compulsory conversion, the moral effect would be tremendous- They recalled that Australians subscribed 39 millions in December when they knew the stock" would immediately he marked down and further sacrifice would compel the world's admiration.

ITALY AND VATICAN. TENSION RASED. ROME. June !). The Italo-Vatican tension has eased appreciably presumably as the result of the Vatican's third Note asking the Government to reply to two earlier Notes of protest. The Vatican is now optimistic of a settlement obviating the despatch of a fourth Note recalling a Papal Nuncio publication of a White Paper conveying to the world the Vatican standpoint.