RELIEF FOR AUSTRIA.

Manawatu Herald, Volume XLIV, Issue 2477, 7 September 1922, Page 1

RELIEF FOR AUSTRIA.

CONSIDERATION BY LEAGUE. LONDON. Sept. 4. , The Daily Telegraph’s Genoa correspondent stales that the Austrian Premier has been invited to discuss with the League of Nations Council the question of remedies necessary to relieve Austria It is said the entire Austrian currency is purchasable for £3,250,000. The question is whether the League should advance that sum on the security of the railways, in order to reestablish a fiduciary circulation. It is also stated that certain banks are prepared to lend Austria £15,000,000 if the League guarantees the loan.—A. and N.Z. cable. BIG BATTLE IN ANATOLIA. MUCH WAR MATERIAL LOST. PARIS. Sept. 3. In summing up the results of the big battle in Anatolia, an Angora communique claims that the Turkish oflensiye trt the Afiun-Karahissar sector, after being pressed without interruption for five days, ended in the defeat of the Greek army, which is split in two. The northern army has been completely destroyed and dispersed, while the southern army has sufiered severe set-backs and is retreating towards Ushak. Large quantities of war material and 150 guns were captured. The communique adds that Kutaya Ivedos has been occupied by the Turks. —A. and N.Z. cable.