AMERICA

Taranaki Daily News, Volume LVI, Issue 74, 17 August 1914, Page 5

AMERICA

ASSISTANCE TO BRITISH FINAXCES. Nco- York, Augnst 3-!. A special committee, of financiers has recommended a scheme whereby twenty millions in gold will be, plaec'd in the Canadian Treasury in trust for the Bank of England. Banks feel that to break tile deadlock on the Anglo-Amj:ri<;an exchange and to enable England tefmaks* payments for everything she may 'require in cash, it is advisable to export to Canada such gold as England -needs for the settlement of America's debt. THE YANKEE PRESS&EX. CAUSES BREACH OP NEUTRALITY. Washington, August 1-1. Orders have been issued calling the attention of San Francisco newspapers to the fact that sending newspaper interviewers aboard the cruiser o-eipzig ga/o every information as to the whereabouts of the- Canadian cruiser Rainbow. This was a breach of neutrality. The Admiralty commanding on the; Pacific Coast warns the press that it will "be severely dealt with in future. iPresidcnt Wilson and the Ca'binet nrp discussing an elaborate cable censorship throughout the United States with ft view to preventing breaches of neutrality. FRANCE RAISING MAXT MILLIONS. Received 10, 5.5 p.m. Washington, August 13. The Government lias undertaken to raise no objection to fie J. I>. Morgan Company underwriting a loan of several hundred million dollars that France proposes to raise. AMERICAN PRESIDENT DISAPPROVES. Received 17, 12.5 a.m. Washington, August 15. President Wilson has formally disapproved of the J. P. Morgan Co.'s proleft wing, besides concentrating in Galibreach of neutrality. Loans, however, [ire permissible to any neutral country. AMERICA'S FOOD PRICES. Times and Sydney Sun Services. Received l(i. 5.15 p.m. Washington, August 15. President Wilson ilias req\iestcd thft Department of Justice to investigate tuo increased food price.-?. "™~' ' ■ '*< l' ' AN OPTIMISTIC! OUTIXK)K. PERIOD OF APPREHENSION IS ■ ' PAST. . : *> Received If!, 5.5 p,tr>, v^ Washington, August 18, Addressing a conference of business man called to consider the present eonditions in the United States. President Wilson asserted that the period for apprehension had passed, and the country was now able to look forward with confidence in the future. ~ SLIGHT ANGLOPHOBIA. \ Received 10. 5.5 p.m. ' Washington. August VI. Strong-opposition developed in the Senate during the disunion 0 f tlm 0 House's amendments fn the Bill intended if to allow British and other ships to re- » sister as American. Senator Gallingcr e declared that foreign, interests had long i, tried to break down American coast- », wise restrictions, and the present men--1 sure would be a preai» r aid tn Britain H .tliaa victory on tha baMbfldd.