GENERAL CABLES

Hokitika Guardian, 22 June 1931, Page 5

GENERAL CABLES

LEAVE TO APPEAL. .United Press Association—By Electric Telegraph.—Copyright.)' LONDON, June 20. Leave to appeal in the case of Attorney 'General of New South Wales versus A. K. Trethowan and another, has been granted by the Privy Council. A footnote states leave is thus given to appeal from the judgment ol tne High Court of Australia, which like the .Supreme Court of New South Wales, decided that the Legislative Council could not be abolished without a referendum and a majority oi electors favouring the abolition.

GERMANY’S PLIGHT

(Received this day at 10.15 a.m.) LONDON, June 21.

The “Observer's'' correspondent at Berlin says a careful study of the situation points to the futons.fication and critical' State of affairs, Last week’s rise in the bank rate was effective for only a few days and has not succeeded in stemming the flow of money from Germany, and country saving banks report a steady run by small investors.

It is admitted behind the scenes in financial circles that Germany :s on the brink of a catastrophe. It is realised here in responsible circles that it is not a matter of months or weeks in which settlem.nt measures can help, but days. WALKING TO NEW ZEALAND. LONDON, June 21. William E. Stone, aged 20, arrived at London from Toronto bound for New Zeaiand afoot to visit his sister whom he has never seen. Stone walked from Toronto to Montreal and crossed the Atlantic on a cattle ship.

A NOTABLE MOVE. LONDON, June. 21. The “News Chronicle” in a leader, says Mr Hoover’s courageous, generous announcement is the most important event since the Armistice, and may be as decisive as Mr Wilson’s entry into the world war. A moratorium will not itself save Europe, hut it will give Eurone which is on the brink of a precipice, a. chance to save itself. The Disarmament Conference would meet with far brighter prospects,