GENERAL CABLE NEWS.

Taihape Daily Times, Volume XII, Issue 3663, 29 December 1920, Page 5

GENERAL CABLE NEWS.

DEARER NEWSPAPERS. Received 11 a.m. LONDON, 28, The penny newspapers are advancing the price by one halfpenny at tne end of January. NAVAL COMPETITION LONDON, December 28. A number- of newspapers are publishing leading articles calling attention to the danger of naval compe--Ifion between Britain, America, and Japan, and suggesting a naval under standing, with a view of the stoppage of construction, insisting that • the world is too impoverished to meet the cost. __—_ x .-MINERS RETURN TO WORK LONDON, December 28. Following the advice of the South Wales Miners' Federation, the Rhondda miners have returned to work. A CHINESE LOAN. NEW YORK, December 27. A despatch from Tientlin states the Tientsin Government mint has concluded a million dollars loan with the Sino-Freneh Bank under which the bank can purchase all bullion and take charge of the output of .silver, dollars and copper coins. It is /understood the funus supplied through the bank aTe Japanese. 3$ is rumoured a large part of the loan will be used by the military and civil governors of ChLhi-Le Province I'ot election expenses and control of the new Parliament. Chinese (bankers sent a protest to the Chinese Government alleging the Sino.French bank 'g Control of the mint's output will be. highly detrimental to native banking interests