GENERAL CABLE NEWS.

Taihape Daily Times, Volume XII, Issue 3665, 31 December 1920, Page 5

GENERAL CABLE NEWS.

McCOR3RCK?S PLAINT. Received 9 ajn. LONDON, Dec. 30. John McCormick returns to America in April. He declares that he is the victim of an "organise*! conspiracy which compelled him to cancel half his Australian and all his British concerts. EX-GERMAN SHIPS. Received 9.50 a.m. LONDON, Dec. 30. The Adelaide Steamship Company has the ex.Gennan liners Pranziska and Gertrude nnd has re- % na,med them the Miilluna and Merriwa (respectively. The Futnesa Withy Co. has purchased the Wanflxlla; ,f f I GERMAN UNEMPLOYED. Received 11.10 a.m. BERLIN, ,Dec. 30. December reports show increasing unemployment. Orders are plentiful in most industries but there, is a shortage of railway transport. NEW DUTCH CRUISER. Received 11.10 a.m. AMSTERDAM, Dec. 3tf. Queen WntHLemlha launched the new Dutch cruiseF'Sumatra, TUe first launches in a decade. The vessel is intended for reconnoitring in tne East Indies. PRICE OP COMMODITIES. Received 11.10 a.m. . LONDON, Dec. 30. The Food Ministry expects a drop in bread, sugar, and flowr prices by the Spring. SOVIET AFFAIRS. Received 11.10 a.m. MOSCOW, Dec. 30. Representatives of the Soviet in Armenia attended the Soviet Con. gress. , The Russian Government expects Japan will shorfly begin negotations for trade with Sifssia. WAGES REDUCED. LONDON Dec. 29. ■ The wages in the Welßh tinplate industry, which is employing 27,000 men, have been reduced.six shillings in the pound under the sliding scale, owing to the fall in the price of steel bars. PRDFITS TOO SMALL. v NEW YORK, Dec. 30. After the workers first, week's operation of the iron mill at Newbern the division of profits resulted in such small pro rata shares that tne employers unanimously paiß them wages. New arrangements are being made by which the workers return to a wage scale. PRICE OF COTTON. • , 'LONDON, Dc. 29. Messrs Coats,, cotton manufacturers-, have circularised the retailers, notifying a reduction of probably 2cf 'n the price of reel cotton early in January.

JAPAN'S ARMAMENTS AMBASSADOR'S VIEWS NAVAL POWER NECESSARY Received yO.IO a.m. LONDON, December 30. Interviewed, Mr Hayashi, the new Japanese Ambassador to Britain, stated his belief that Japan was ready to enter an international' conference for 4 the limitation of naval armaments. Japan. was not exceed, ing her announced naval programme, which was needed to combat. Bolshevism. He declared that the talk in the United States about a big navy was very annoying to Japan. "Hi is foolish and tragic," he said, "to think of Britain, the United States, and Japan competing Ur~*an armament race. Japan cannot afford it." Received 11 a.m. LONDON, December 30. Ambassador Hayashi, HWtesrviiewed, dcclarod that Japan must have for strategic purposes eight) big battle, ships and eight battleeruisers. This programme would take several years, but when completed -the strength Of the Japanese navy would be less than half America's. Japan would welcome any proposal to reduce -expendi. turc <m armaments and gladly cooporatt- in this direction with all the other b'eat Powers. '