Lowering War Cloud

Taranaki Daily News, Volume LIV, Issue 31, 31 July 1911, Page 5

Lowering War Cloud

BRITISH HOWE FLEET COALING HIGH PRESSURE AT WOOLWICH , ARMS AND AMMUNITION. ByCakU.—Pr«MA«ocifttion.—Copyright; , London, July 28. j The First Division of the Home Fleet , has been ordered to coal and ship a supply of oil fuel forthwith. ( The manufacture of lyddite at Wool- , wich ib proceeding at high pressure. j There is also a noticeable activity in , the production of small arms. PREPARATIONS IN FRANCE ; BRITISH ATTITUDE WELCOMED. Paris, July 28. The press welcomes Mr. Asquith's remarks as hastening the solution of the crisis, and states that Britain is determined to end the dangerous situation. Though the French Government does not regard th» position .as disquieting, yet unobtrusive military preparations ; ' are going on. AN ULTIMATUM ISSUED A SYDNEY RUMOR. Sydney, July 2,9. A rumor is prevalent in Sydney that Great Britain has issued an ultimatum to Germany. A firm of shippers declared that some English firms had decided to charge war rates immediately. The reports caused prices on the Stock Exchange to become irregular. FEELING IN GERMANY SOBERINO. EFFECT OF BRITISH ATTITUDE. Berlin, July 28. Mr. Asquith's remarks concerning Moi rocco are welcomed in official circles as ending the false conception of Britain's attitude resulting from the misconstruction of Mr. Lloyd-George's speech. The Berliner Tageblatt says that Mr. Asquith has dispelled the misunderstanding which might hav« hindered successful negotiations. Radical papers refuse to be lulled, and complain of the absence of assurance. "SENSIBLY RELIEVED." GERMANY'S RIGHTS TO COMPENSATION. Received 30, 5.5 p.m. London, July 29. There are indications in the newspapers that the tension in the Morocco matter is sensibly relieved. German and Austrian newspapers are somewhat puzzled, and are glad there are no references to the Congo. They claim that Mr. Asquith lias recognised Germany's right to compensation for French developments in Morocco. INSURANCE WAR RATES A GOOD BAROMETER. Received 31, 1.10 a.m. Melbourne. July 30. The Underwriters' Association has received a cable that Ihe following war rates on steamers: Homewards, y s per x cent, increase; outwards, 1-18 th. On sailers: Homewards and outwards, % per cent. This is taken as an indication that Lloyds do not regard the situation seriously, as war risks are seldom computed in fractions.