LATE CABLE NEWS”

Hokitika Guardian, 27 February 1932, Page 3

LATE CABLE NEWS”

GOLD HOARDERS. 27/6 FOR A SOVEREIGN. LONDON, Feb. 19. An increasing rush to sell gold lias set in, owing to the rise in the price. Dealers are offering 27/6 for a sovereign. One firm of bullion refiners has received gold valued at £250,000, and it is still flowing in at the rate pf £IO,OOO p. day. People throughout the 1 country are selling hoarded sovereigns,, jewellery, wedding rings and even false teeth frames. Two column advertisments in the newspapers announce offers to buy gold and dealers are working overtime. Gold coin is going abroad mostly to France where a sovereign'is fetching up to 37/6. KING DEFIED. PRINCE TO WED “COMMONER” STOCKHOLM, Feb. 19. Because King Gustav, of Sweden, Europe’s oldest monarch, will not allow his grandson, Prince Lennart, to wed a “commoner,” the Prince will marry the sweetheart of his childhood—an accountant’s daughter—in a fortnight, at a London • registry office. The girl is Karin Nishvandt, who shares her fiance’s dove of farming... The witnesses at the wedding will include the bridegroom’s father, Prince Wilhelm, Duke of Soedermardand. and the bride’s mother. The couple will be known ns Mr and Mrs Bernodotte. They will spend a C'ontinenal honeymoon, travelling in flip, brider room’s 250-h.p. Mercedes, formerly owned by the “speed king,’! Caracciola. Eventually they will settle at- Mainaii Castle, on an island on Lake Constance. Though Cabinet may deprive the Prince of all his Royal rights and ahligations. he says that titles dFe? nothing to Karin. ' r ' :i

PUBLICANS’ STRIKE. BEER DICTATOR’S DECREE. - .0 .I'.' BERLIN, February 19. Publicans in Berlin, and Hamburg have .struck, following an attempt by a new price “dictator,” Dr. Goerdelefy to reduce the rates for beer. Thfe publicans are refusing the sell more beer until the “obnoxious decree” is repealed. They have received unexpected support from the Nazis and Communists, who have joined hands in forbidding their followers to drink more beer under pain of dismissal from the parties. The publicans are strong politically, and both parties' sdek their favour. j The demand of" the publicans .is that j if the price of beer’ is reduced there must be a corresponding reduction in the municipal beer tax.