GENERAL CABLES.

Taihape Daily Times, Volume XI, Issue 3467, 22 April 1920, Page 5

GENERAL CABLES.

ONE MILE ‘A MINUTE.

BY MOTOR 80-AT.

Received 10.10 am.

LONDON, April 21.

A French motor boat at Nice racese attained a record‘ speed of one mile a. minute .

NOTED PAINTER DEAD.

‘ gegeived 10.10 am‘. LONDON, April 21. Obituary: Britten Riviere, Royal Acadamician. ,

ITALIAN ECONOMIC CRISIS.

COAL ‘AND RAW MATERIALS WANTED. ' i

Received 10.10 am‘

LONDON, pm 20.

The Australian Press Association learns that It-aly’s economic situation is accompanied by serious s'ocia.l unrest.

Closely examined by" Lloyd George and Lord“Curzon, Nitti yesterday at San Remo recognised little can be done to stabilise the jumpy exchange until the next month’s financial conference. Nitti emphasised Italy ’s urgent need for coal and raw materials, the absence of which was causing unemployment. Nitti -pointed‘ out Britain had already liberally assisted France, and he hoped the tradition-' al friendship for Britain could justify‘ the sending of facilities to Italy. Lloyd George sent urgent telegrams and instructions to the Board of Trade to consult the Coal Controller regarding the best means of immediately meeting Italy’s requirements. He has also undertaken to employ British vessels to carry Ita.ly’s raw material.

A MELODRAMATIC END.

TO GERMAN BANDIT’S CAREER.

Received 10.10 am.

BERLIN,‘ April 21

The climax to Hoelz’s' three weeks? career was -highly melodramatic. When he saw he must fly he kidnapped men and told them-they would be. shot unless they made immediate’ preparations to go. to Czech-Slovakia: They oib-tained the necessary pass—ports, which Hoelz annexed on beh_alf of himself and chief adjutant—a rascalvcalled Weber‘ Thus Hoelz and Weber crossed the frontier, going to Prague, but- closely ' questioned by soldiers, changed plans and went to l\ll_arienbad. The authorities niean~ while telegraphed Marienbad, so a party of police and soldiers was waitingjat the railway. station. When he saw he was cornered, Hoelz drew out grenades, but seing the levelled rifles, hesitated. Hoelz and Weber were quickly hanndcuffed. Hoelz had an equivalent to eight thousand‘stel-ling upon -him. It is expected Czecho-Sl-0-yak will surrender Hoelz. THE TURKISH TREATY. WILSON ’S AMENDMENTS TURNED DOWN. Received 9.15 a.m. SAN REMO, April 21. it is understood the Council has decided that President Wilson’s suggested amendments to the Turkish Treaty could not be conceded. _ SAN REMO CONFERENCE. CONCILIATION WITH GERMANY. ‘ Received 8.55 a.m. PARIS, ‘April 20.

The Matin’s San’ Remo correspondent say.s Whatever communique is issued to please the public, the real subject of discussion at the conference was the Allies’. policy towards Germany. Lloyd George and Signor Nitti desire to re—aWa.ken a spirit of conciliation throughout the world, with views that the French can accept, and wish to lighten burdens for Germany, ‘but France cannot accept a. policy which is only carried out at her expense. IMPERIALPREFERENCE. . =____ DELHI, April 20.

The Legislative Oouncil committee’s report on Imperial preference shows a unanimous opinion, in View of the demand for raw material, that there is no danger of retaliation. The apprehension of Lord C~urzon’s' Government in 1903 is now unreal. The general conclusion is that India would neither gain not lose by the ‘adoption of moderate preference on import duties. The committee suggests c the appointment of a commission of inquiry to determine future fiscal policy, emphasising its urgency owing to its exclusion from the purview of the last industrial commission.

_— ”’T” FUTURE Ol‘ AERIAL TRANSPORT.

AN IN’I‘ERESTING ‘STATEMENT.

Received 9.25 am‘

LONDON, April 20.

Air-Commodore Mailtland, lecturing at the Royal Society of Arts on the commercial futur'e of airships, said the chief aclvantage was safe and rapid long-distance transport, easy in’terchangeability of commercial ajrships into fighting machines to enalb-le immediate ‘provision for fighting, a‘-nd a fleet with full personnel in the event of war. ‘Australia had recently made a determined effort to shot-ten the time occupied by sea passage to Britain, Apparently steamship companies ‘ire unable to improve the services because the improvement would entail construction of such immense steamers as to be out of proportion ‘to the volume of traflic. ‘Moreover, the Suez Canal would prevent the use of the largest liners, but the largest airships could fly profitably over Australian and other main sea routes at commercial prices. It was unlikely air ‘services would as yet successfully compete With fast land transport. Better meterological knowledge was required to enable the winds to be regarded as friends, instead o"f as enemies. The route to Australia crosses permanent easterly ‘trade winds at right «angles, then turns east-. ward from the -Cape, receiving assistance in the Roarding Forties. 'l.‘he return journey could be made nearer the equator, utilising the easterlies. Existing airships could show a profit of fifteen per cent participating in the Australian service, carrying a ton of mails at 2/ per ounce and passengers at £l9O each, the flight occupying nine and :1-half days. p

RUHR BEING EVACUATED. —--- : V Received 8.55 am. O " V LONDON, April 20. .A wireless from Berlin announces that German troops have begun tlo evacuate Ruhr. BRITISH BUDGETOPPOSITION FROM MANUFA.C~._, A -.; _, 'l‘Uß°-ERS. _ k 2, Received 8.55 a.m. f . ; _ w LONDON, April 20. .I_udications -are that the principal opposition to the Budget willcentre on the increased excess profits tax. Trading bodies have begun a formidable campaign. . MPTerrell, chairman of the Manufacturers’ Union will move the rejection. It is generally antieiiiated Mr Chamberlain is willing to compromise. It is reported in the city he has announced his willingness ‘to abandon the ‘entire increase.

MB ASQUITH ’S Vlls WS.

LONDON, April 20.

, In the House of Commons, during the Budget Debate, Mr Asquith declared 'that the wine duty was worthleissin View of the small revenue it would produce, and because of the illfeeling it would cause in wine-pl'oduc~ ing countries. He emphasised the need for greater public economy and criticised the smallness of the provision of the floating debt, otherwise he warmly approved the Budget. Mr J. R. Clynes lamented un.du.e wartime borrowing, and maintained that none of Mr Chainberlain’s proposals would diminish the cost of living; on the contrary they were more likely to intensify the situation’. Mr Clynes collgl'atula.ted Mr Chamberlain. on the excess profits proposals, but rejected the long scheme foT‘the recleniption of the debt, which could be wiped out in a few years by continuance of ‘a little self-sacrifice. Removal of the debt would give contentment not -only to the poor, but to many not classed as poor. Mr Marriott expressed the opinion that the Budget would. have an admirable eifeclt, demonstrating to the whole world the countl'y’s confidence‘ in the national finances. Therefore it would react in a most favourable manner on British credit. . '

FRENCHMEN DISAPPOIN TED.

PARIS, April 21.

Frenchmen point out that *the Budget proposals are 3. poor retrurn for all France has done ‘for England. It would be better if there were more wines and less spirits.

A HUGE EXPENDITURE. ‘

Received 12.10 21.10.

LONDON, April 21‘

Mr Chamberlain, in (his Budge?! speech, stated the expenditure of the supply service amounted to 788 millions, whereto muét be added -fiventy millions to partly 'cover *the extra cost of employment and theagreemcnt with Australia and New Zcaland in regard to ‘Nauru Island; but mainly to provide further war 'bonuses- and public services. '