America

Taranaki Daily News, Volume LVII, Issue 152, 23 November 1914, Page 8

America

THE FINANCIAL CRISIS. NEGOTIATIONS WITH BRITAIN. Becelved 23, 12.40 a.m. Washington, November 22. Sir George Paish, editor of the Statist, and a great financial authority, haa been suddenly recalled to England, supposedly to confer on the American financial crisis. It is understood that the British bankers, wish a personal explanation from Sir George Paish regarding the creation of the twenty millions sterling credit fuad at the Bank of England to protect American securities, which may be sold when the London Exchange ope«e. THE TENNESSEE INCIDENT. ONLY A WARNING GUN. •Received 22, 4.30 p.m. Washington, November 21. Captain Decker, of the Tennessee, reports that the firing on the United States warships by the Turks in Asia Minor was not. a hostile act, but was merely intended to give warning, and to prevent the Tennessee entering the harbor at Smyrna, which Turkey had declared closed. GERMAN LIES CIRCULATED. SOME SPECIMEN TALES.' Received 22, 10.20 a.m. New York, November 21. Berlin is still despatching budgets of lies throughout the United States by moans of the Savillo wireless. The latest samples include alleged statements of the London Times, acknowledging enormous Russian losses; that the rebel army had surrounded Bloemfontein; a Sudanese rising at Alexandria; and serious Britisli defeats off the Arabian coast. The American Press daily publishes these reports without comment, and several violently pro-German papers publish them regularly in the Western States, the authorities not objecting. The British and French Embassies at Washington are regularly issuing bulletins, with the object of counteracting the German mendacity campaign. HARASSING TRADE RESTRICTIONS. A PROTEST TO BRITAIN. Washington, November 20. The State Department is endeavouring to persuade England to remove the embargo on the export of rubber and wool from the British Empire to the United States. It is prepared to" give England every possible guarantee against re-exportation. WOOL URGENTLY WANTED. Received 22, 4AQ p.m. Washington, November 21. Great Britain has declined to agree to any modification of the embargo on Australian wool. American manufacturers still think that when the British army needs have been satisfied the Uniteii States may be allowed to enter the market, as the supply is badly required.