BRITAIN FINANCIALLY.

Taihape Daily Times, Volume XI, Issue 3376, 3 January 1920, Page 5

BRITAIN FINANCIALLY.

MAGNIFICANT PROSPECTS ' AHEAD. Received 9.15 a.m._ LONDON, Jan._l. The Bradford wool tops market displays "a holiday Ftone, land. prices are‘ nominally unchanged.» ‘ The London B'amkers'.Clearing House, during 1919, paid bills and cheques amounting to £28,415,000,000, an -in’crease of £7,12.7,000,000,-p compared with 1918. ' I-lanlar Greenwood, i‘nte‘rviewed--, said Britain and the Empire never "entered a New Year with brighter prospects of prosperity. Reports from Consuls amd diplomatic ofiieers in every part -of the world show that production here is far behind what other countries require from. us. No country has a better commercial outlook, and if we .-.-an avoid strikes we" should become more prosperous than over. 1920 should be the first of n series of great years. ANEW INSURANCE SCHEME. - ALL BRITISH WORKERS COVERED Received 8.50 a.m. LONDON, Dec.‘ 31. "’ The Unemployed Insurance Bill extends insurance! “against unemployment, on a contributory basis, to substantially the whole employed population between the ages of 16 and 70. Tll9 total number of Workers, manual and 110l1‘n1{l‘.l]11al', aifected is estimated at 115} millions, as compared with 3 1-3 millions covered by the existing scheme. Opportunity is given for industries to contract outside the general scheme, by setting up special schemes such as may be" approved by the Ministor of Labour, and which may give equal or superior advantages. The scheme comes into operatiom on Ist October. Agriculture and domestic s(~:;viCe are not included in ‘the-scheme. O:l~..=~a- exceptions include persons other -than manual labourers earning more than £250 a year, employees of public 'a.uthorities, policc,.~rai,lwa.y‘ servants, or employees other--.tlia-n statuiory. Undertakings where such--persons having rights .‘ under" ~st«atutory-. superannuation fund, making. insurance -against unemployment" unnecessary. The weekly contributions vary from 3d per week for girls, to 6d per week for men, employee amd employer contributing half each, with ‘the State adding a sum equal to one—thil-d these con'tribut_ions. Rates -of, benefit vary from 6/ a week for girls to 15/ for men. .

[ SINN ram METHODS. ! OPINION OF NOTABLE IRISHMAN. i Received 9.5 21.11:, ’ A LONDON»,"Jan. 2. Mr Dillon, in *3} letter to 'iheipl'eSs, declares that the" Sinn Fein objects are unattainable, -..amcl'~rlle policy of its ileadcrs is disastrous’ to the Irish cause, and bound to l.eacl’to‘gl=ea.ter disastei-s. lMr Dillon urges‘ a "I'eturn to sane Nationalism. ' A , Armed ma-sked men raided ‘the post office at Limerick and escaped ‘With lsiooo. '" - JAP.-AMERICAN RELATIONS. I " ‘CHINESE CONSULS OPINIONS. « ',’ Received 9.5 a.m. ‘ LONDON, aJn. 2_ _ Yada, Consul-General in New York, who is now in Peking, interviewed, said the Senate’s Shangtung amendlmeet was inspired by disgust with ‘Ja.pan’s policy towards China. Ame-tric-ans always suspected Japans,’ terlritorial ambitions in China. Frankly speaking, the relationship between ‘Japan and the United" States was in a dangerous condition and a ‘proposal is now afoot to send a Delegation composed of Japanese statesmen “and businessmen to the United States for the purpose of re-establishing JapaAmerican. friendly relations. ___.__....._.. . THE PEACETREATY. AMERICAN IRRECOrNCILA'B\'.ES. Received 9.5 am. WASHINGTON, Jan. 2_ . Senator Borah and a small group of irreconcilable Republican Senators, have -started to organise a movement to make the Treaty the issue in the coming Presidential campaign. They have sent letters to several aspirants to Refiublican nomination for the Presidency, asking the latter to make the ‘ position on the Treaty clearer. It is understood this is done without can-: sultation with the Leaders of the Re-l punblican Party, and may result in{ schism in party. I TRAN SBIBERIAN RAILWAY. A REPORTED AGREEMENT. LONDON’, Jim, 1, Reports from Irkutsk stated that the Allied commissioners and Koltehalfls Government‘ agreed to entrust 4511.9 guarding of the Tl‘alis-Sibex.l"a.n= railway to the Czecho-Slovaks;