GENERAL CABLES

Taihape Daily Times, Volume 7, Issue 161, 12 March 1915, Page 5

GENERAL CABLES

HATE OF EXCHANCE RUSSIA’S UNSAT'SAH'inRY , 3-0 3!’ r fON. r.e c s Association —Copyright. (Reed. SAG a.m.) j ! .ONI .)>)N, 31 ereh 11. The question of preventing fluctuation in the rates of exchange was discussed at a meeting at which Mr Lloyd George and Lord Reading attended. Mr Lloyd George said he had made special arrangement with Russia whereby no embargo would be j placed on butter, wheat, or other foodstuffs sc far as Great Britain was concerned. Sc long as they enjoyed 'the existing confidence' in regard to loans it was not advantageous to borrow from the United States. He believed Russian exchange would right itself as soon as it resumed its export trad’e with the epeniujr of Black Sea ports. SPANISH RAILWAY ACCIDENT. (Reed. 5.55 a.m.) MADR-ID, March 11. A train was derailed between Vigo and Orense, by which 14 were killed and 18 injured. MORE STARTLING EVIDENCE, (Reed. 8.35 p.m.) SYDNEY, This Day. At the wheat- inquiry Fitzpatrick treasurer of the Farmers’ Settlers’ Association, explained that *b? was Campbell’s informer regarding the alleged payment of Holman. He overheard conversation wherein the speaker said, “I know Holman got six thousand for rusliiiig that Bjiii through.” This he repeated to Campbell. The air at that time was full of sinister rumours. Drew, a solicitor, gave evidence that he was offered £SOO to take over the case, but discovered it was likely to involve several law cases, and decided not to accept less than £IOOO. Referring to hi s interview with the At-tcrney-General: He said he placed the position before him and discussed the matter.

WHEAT IMPORTATION. SEVEN CARGOES SECURED. (Reed. 10.40 a.m.) MELBOURNE, This Day. Mr Peacock states that the Govern* ment has secured seven cargoes, representing 1,300,000 bushels of wheat for importation. CAIRNS EMBEZZLEMENT CASE. FORMER MANAGER ACCUSED. (Reed. 10.40 a.m.) BRISBANE, This Day. A formr manager of the Cairns’ branch of Burns, Philp and Co., and two clerks have been charged with conjointly embezzling £3,774.