AMERICA.

Taihape Daily Times, 1 November 1917, Page 5

AMERICA.

AMERICA’S WAR PREPARATIONS WAR WITH AUSTRIA URGED., „ SENDING HELP TO ITALY. 'ITALIAN DIPLOMATS CONFID- . v„ent. .Received 8.40." , ~ i YORK, October 31. The New York Times advocates declaration of against Amsfcria, thereby enabling America to send, guns, munitions and other aid to Italy. The United States Steel Corporation paid 63 million dollars tax on three months profits. The United States, in addition to a loan, will give further help to Italy, but the character of the aid is not yet disclosed. Italian diplomats are confident that Cadorna will be able to hold on to the Tagliamento line, but the invasion is a grave menace to the Allies as Cadorna is outnumbered by five to one. Officials believe that strong Allied reinforcements are now going to Italy. Great interest is taken at the action of the Montreal and Toronto stock exchanges in fixing mimimums. A fire at Baltimore destroyed piers of munitions intended for France. The damage reaches five millions. A British steamfer alongside the pfers ignited anti-submarine ghjclls ’ with which she was loaded, they exploded, and the steamer sank.