Great Britain
MUNITIONS WANTED. LLOYD GEORGE’S SCHEME. D'.fmn Pasai Abbooiatiom. (Received 8.10 a.m.) London, June 22. Mr Lloyd George has approved of the formation of a metroploitan munitions committee, including the presidents of institutions of mechanical and electrical engineers, to organise London’s manufacture of war munitions.
THE BRITISH CASUALTIES.
DEATHS OF NOTABLE SOLDIERS.
(Received 8.10 a.m.)
London, June 22
The list of casualties published inlay total 3492, including 1373 Cauidiaus.
Captain Jack Graham, who was five times in the final for the amateur golf championship, was killed in Belgium. Earl Meath’s youngest son, Captain Ernest Brahazon, of the Grenadiers, was killed in France. Earl Meath has three other sons in the army.
THE SPY MENACE. MULLER’S APPEAL DISMISSED. (Received 8.10 a.m.) London, June 22. The spy Muller’s appeal case was heard in camera and wJCs dismissed. A GOVERNMENT MEASURE. (Received 8.55 a.m.) London, June 22. The Government is bringing in a Bill to secure the maintenance of sufficient cattle, sheep, and sw-ine. The measure empowers the Board of Agriculture to restrict the slaughter of cows in calf and young animals.
MORE MEN MOVEMENT. MR BEN TILLET’S RECRUITING. (Received 8.55 a.m.) London, June 22. / After seeing President Poincaire, Sir John French and other generals, uul visiting the trenches, Mr Ben Tillet, the well-known Labor politician, made stirring appeals at :.h© Palladium for more men and ammunitnon.
KIPLING’S PICTURE. THE ALfERNATIVE TO VICTORY. (Received 9.30 a.m.) London, June 22. Rudyard Kipling, at *a recruiting meeting at Southport (Lancashire) drew a vivid picture of Britain’s late if she failed to achieve victory. He divided the world into two sections, one of human beings and the other of Germans. He said that, whatever horrors were dealt out to Belgium and Poland, Britain’s fate will he ten-fold worse. There were special reasons in Germany’s mind why we should morally and mentally be shamed and dishonored beyond any other people. If Germany were victorious, every refinement of outrage within the compass of the German imagination will be inflicted. The alternative to victory is robbery, rape on our women, and starvation as a prelude to slavery. The present conflict is war to the death against a Power of darkness, with whom peace, except on our own terms, will be more horrible than any war. Germany has already suffered three million casualties, but can suffer another three million for the dominion of the world. “It seems to me,” he concluded, “that Germany must either win or bleed to death almost where her lines run to-day; therefore we and our Allies must continue to pass our children through the fire until Moloch perish.
IMPERIAL FINANCE.
PARTICULARS OF NEW WAR LOAN. (Received 9.30 a.m.) London. June 22. Tim prospectus shows plainly that only holders of the new war loan have the option of converting the old loan or consols. The Treasury point out that the loan embodies the war loan and is a great funding operation. It is estimated that 350 millions consols are in the hands of the public, and it is expected the holders of 250 millions will convert, which will mean the subscription of 330 million. Similarly it is expected two hundred million of the old war loan will be converted. This will carry a subscription of 210 million. Neither war stock or consols can be converted unless the holder is prepared to subscribe their oquival-, out or make it up to the value of the new stock. The official expectation is that consols will probably drop to fifty-seven or lifty-eight, and in October will gain, as the State will hi* wiping out one-third of its earlier capital indebtedness if all the Consols are converted. Though the amount ot the loan is not stated, it is not unlimited, as the House of Commons’ resolution coniines it to the amount of Supply voted in the present year, that is. between nine hundred and one thousand millions. Mr McKenna stated that the Government would not be disappointed if they could get six hundred millions of new money. The Financial Times fears that in view of the new basis oi credit which has been established, some severe readjustments will have to he made in the value of certain Colonial Government am! high-class corporation issues,
BANK OF ENGLAND’S OFFER. (Received 12.30 p.m.) London, June 22. Mr .McKenna, in the House of Commons, said that the Bank of England was prepared to re-discount Treasury Bills so as to enable tiie holders to subscribe to the new loan.
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Stratford Evening Post, Volume XXVII, Issue 45, 23 June 1915, Page 5
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745Great Britain Stratford Evening Post, Volume XXVII, Issue 45, 23 June 1915, Page 5
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