GENERAL CABLES.

Taranaki Daily News, 14 May 1921, Page 5

GENERAL CABLES.

BRITAIN AND THE SOVIET.

By Tele^aph.—Press Assn.—-Copyright. Received May 13, 5.5 p.m. London, May 12. The Court of Appeal has decided that as Britain has recognised the Soviet Government as the de facto Government of Russia, it is not within the jurisdiction of the English Courts to interfere with decrees which confiscated goods from Russia. Hence the contract under which Krassin sold wood to Britain will not be disturbed.

ITALIAN FOREIGN MINISTER,

Rome, May 12. Count Sforza has resigned the position of Italian Foreign Minister and will probably become Ambassador to Baris.

KOREAN INDEPENDENCE.

Washington, May 12. Soon-Hyun, claiming that he holds credentials from the President of the Provisional Government of Korea, has presented a petition to President Harding, requesting the latter to recognise the independence of Korea. —Aus.-N.Z. Cable Assn.

WORLD’S WHEAT SUPPLIES,

Rome, May 12.

■The International Agricultural Institute estimates that the world supplies of wheat and rye will be sufficient to meet requirements till next harvest and leave, a balance on August 1 of at least 6,500,000 quarters.—Aus.-N.Z. Cable Assn.

GERMAN SHIPPING FUSION.

Berlin, May 12. Negotiations have been satisfactorily concluded for the fusion of the Kosmos Steamship Company, of Hamburg, and the German-Australian Company. A common management will be established, the tonnage pooled and profits equally divided. The object of the fusion is to prevent competition. The Kosmos Company has resumed its South African service.—Aus.-N.Z. Cable Assn.

LEVY ON GERMAN EXPORTS.

London, May 12. In the House of Commons, Mr. Hilton Young, replying to Mr. Wedgwood Benn, said British receipts, from the levy on German exports since April 2 amounted to £9OOO.

A RUMOR DENIED.

London, May 12. Sir John Bradbury’s resignation or intended resignation from the Reparations Commission is officially denied.

THE STORAGE OF APPLES,

London, May 12. The Food Investigation Board is inquiring into Mr. Franklin Kidd’s invention for the storage of apples by means of self-generated gas, which he claims is cheaper and equally effective as cold storage.