LATE CABLE NEWS

Hokitika Guardian, 29 July 1931, Page 2

LATE CABLE NEWS

BRITISH IMPORTS. SOVIET AND EMPIRE. •LONDON, July 17. A colossal increase in the Soviet’s wheat exports to Britain in the halfyear ended June 30 is disclosed in the •Board of Trade returns showing 7,988,745 cwt. as compared with 688,402 for the first hall of 1930. Imports of Australian wheat increased substantially after b ing below imports from Russia for the first quarter, but Australia’s figures for the half-year are 11,'568,616 cwt., as against 6,932,240 for the first half of 1930. Canada leads with 12,268,402 cwt. Despite an increase of nearly 5,000,000 cwt. over the .1930 period, Australia’s wheat realised only £3,067,020 in 1931, compare’ with £3,359,600 :n 1930. Butter returns show that Denmark s figures represent a steady decline, while imports of Empire butters, due to the Empire marketing campaign, are highest in the past three years. \ CANDID AMBASSADOR. GERMANY’S SUPREME IDIOCY. NEW YORK, July 18. Germany’s supreme idiocy is the cause of her present plight, in the opinion of Mr J. W. Gerard, Ambassador in Berlin for the United States from 1913 to 1917. iHe considered the situation to be undoubtedly one of the most threatening the world had faced, since the war. “If Germany goes bankrupt,’’ said Mr Gerard, “and the. Bruening Cabinet fails, the country will be left at the metcy of the Communists and the Hitlerites.. Should the Communists gain control, it is not improbable that Russia would’ march on Poland to reach Germany and intervene on Communistic Germany’s behalf against, other European Powers- “ They are all half-mad over there,” Mr Gerard added, “and'no one can tell what might happen.- France cannot be blamed for refusing to participate in the international loan when part of that money will go on Germany’s pocket battleships.” ' , </