GREAT BRITAIN.

Taranaki Daily News, Volume LVII, Issue 1, 30 November 1914, Page 5

GREAT BRITAIN.

I PART OF GERMANY'S ESPIONAGE SYSTiEM. Received 20, 3.35 p.m. London, November 23. It is staled that two hundred: American passports sent t(o the Berlin For- ' eign Office for registration disappeared, in similar circomstsnces to the English 1 passport, v hieh Lody used. ( Lody, a German spy, was executed .at the Tower.) <

THE WAR LOAN'. ENORMOUS NUMBER OF SMALL INVESTORS BRITAIN STILL SUPREME IN COMMERCE. London, November 2J. Mr. Lloyd George stated iihat the war loan v;as over-subscribed. The a;,pplicants numbered nearly a -hundred thousand, of whoni an enormous number were small investors. >Mr. Lloyd George said the machinery of exchange had been re-established, despite the great world war, and we were st.il supreme in in'fcniitiona! trade and commerce. The British money market was better than any other in the world. Others were <oming here to borrow while we were conducting a war costing £400,000.000 or £500,000,W0 a year. The fact thaiv the Stock Exchange was closed was a serious detriment to the war loan. Had the Exchange been open the loan would have been applied for several times ow. The small investor had shown his patriotism by stepping in and enabled us to raise the hugh«st\ sum of money ever railed during any war without'any of the expedients lo which Germany had resorted in raising a mm-i bmaUer amount at a higher rate of intest.

THE GERMAN PRISONERS' RIOT. !WHOLE THING PRE-ARRANGED. Received 29, 3.30 p.m. London, November 29. Several of the irterned Germans at Eongjaa gave evidence Ijbat the outbreak was prearrarged. The ringleader told his comrades to take off their numbers, as something was going to happen.

The military in charge gave evidence that they were subjected to a fusiladt of knives, forks, trd crockery for ten minutes before tjhey fired. The missies injured sevYSral solilielre. Comv plaints about the food were unjustified. The outbreak was the work of agitators.

NO LIMELIGHT ON FOOTBALL. Receved 20, 3.35 p.m. London, November 28. The London daily newspapers have agreed not to publish footjball news, except the bare results.

L<>rd Kitchener, in his speech in the j House of Lords, said that- he believed the looses bctwen the Vistula and 'Warta were the heaviest they had yet sustained. A NATIONAL RESERVE. London, November 27. An announcement) was made at a Guildhall meeting, for the promotion of Home defence .ifiat nearly 1,000,000 men ineligible for the front were giving up their spare time to drill. In the Hous-3 of Lords, Lord Hal- I dane, replying to Mr. Crawford's Leit'i statements with, regard to Germans reviving signals for coal and petrol from the coasts of Britain, said that the War Office, th.j Admiralty and the Home Home Office were co-operating 1 and showing unremitting vigilance to suppress this. It was known that there was a paid spy yjtem. Messrs Murray have published the ■fihird volume of Disraeli's life. It quotes remarkable prophecies. Dislaeli told Mr. Cofcdcn in IS4S that it was madness to expect universal peace because of the fsct't"hat America and England were rich and contended. Ware were not made by such Powers but by a race or prince who agtated for position. Disraeli. showed rare prescience when the Sehl;swig disput was bgining in 1848. He brushed aside the ostensible pretext for Prussia's acflion and pointed out that it meant an eventual challenge to England upon the sea He further predicted thaf\ the intellectual inarch of atheism might lead fp the - vival of national idolatries, modified mythically and dressed up according fi the spirit of the age. This finds •Ifilment in Nietzche's vogue in Germany. i FINANCIAL RUTN AVERTED. STATEMENT BY dliß. LLOYD GEORGE. i London, November 27. Mr. Lloyd George speaking in the House of Commonss, said "At the beginning of the war this country could neither buy nor sell, because exchange had broken down though rhe whole world owed us money and America owed us ai thousand million."

FINANCIAL MATTERS. Received 29, 3.30 p.m. London, November 28. Financial papers, comment ins- on iMr 'George's statement that the bank of England had discounted 120 millions worth of bills i nder the Governments special arrangement, consider the amount is not over large, considering that Ave hundred millions were outstanding.

He assured ili« Labor artv that the moratorium was not enforced to save a few rich people but to save British industry, commerce, labor and life. With eighteen thousand millions assets it would Lave been criminal negligence to have allov.ed the credit of the country to be in doubt for twenty-four Ihoufrs of 350 millions, of which most was owing to our own people. "We decided thfnt the credit of the Stafie nuist he naintained at any coat. Thus the unimpeachable character of the British bill of exchange has been maintained anl the greatest financial catastrophe the world could ever have seen averted. The total loss as a result of these bill transaction.? is about what it costs r.s for a single week of war, between seventy and eighty millions. Stock Exchange securities were hypothecated before the outbreak of J**- Jf the banks had pressed, the bottom would have dropped out of the market."

, TANNERIES SHORT OF BARK. _ ' . London, November 27. tanneries are in a serious position, owiqg .to the difficulty of obtaining wwmifextracts from Italy and France. _*j£j«™ncial News suggests that *#Sg|9m« c and Australia can fill the ffilg fflrrCthat British tanners 'JlrwfißnfiM 6 - wattle barb, the bulk gone to