GENERAL CABLES.

Taranaki Daily News, 8 October 1921, Page 5

GENERAL CABLES.

DISPUTE OVER A BONUS. •» By Telegraph.—Press Assn.—Copyrlgtt. Received Oct. 7,, 5:5 pjn. “London, Oct. 7. Negotiations between the engineering and ship-building trade unions and the Employers’ Federation on the question of the withdrawal of the munitions bonus of per cent, for time workers and 7i per cent, for piece workers has reached a deadlock. The employers proposed to withdraw four instalments, completing by December 24, and the unionist delegates rejected the proposal. The employers are adamant. The “cutsf* will be completed before Christmas, and they threaten to withdraw fully and immediately failing an agree-ment.—Aus.-N.Z. Cable Assn. BUSINESS LEADERS TO CONFER. Received Oct. 7, 8.30 p.m. «. Washington, Ocs 6. A delegation consisting of leading Japanese business men will sail trom Yokohama on October 21 to con-fer with American leaders on financial, economic and industrial matters, in order to provide co-operative understandings in the future. TRAIN SMASH IN FRANCE. Received Oct. 7, 5.5 p.m. Paris, Oct. 6. The latest estimate shows that 25 were killed and 150 injured in the Batignolles railway accident-FRANCO-GERMAN AGREEMENT

Paris, Oct. 7. General Ludendorff, interviewed, said it was quite possible to establish a lasting agreement between Germany and France on condition the two nations came to an arrangement as much in the interests of Germany as of France. The French policy since the war had strengthened the German conviction that France was determined to crush Germany completely. This explained the ever-growing animosity of a large number of Germans towards France. This animosity would disappear the moment the French Government resolved to modify the policy directed against Germany. AMERICAN SHIPPING BILL. Washington, Oct. 6. Senator Colt, in a speech in the Senate, said all efforts to maintain the world peace would be undermined by the passage of Senator Borah’s Bill giving American coastwise ships a free passage through the Panama Canal and the Anglo-American Treaty would be violated. He urged arbitrationINFLUENZA IN NEW HEBRIDES. Sydney, Oct. 7. The epidemic of influenza in the New Hebrides is now dying out. It caused forty-eight deaths in hospital, and numbers outside. All the victims were natives. WHITE AUSTRALIA THREATENED. Ottawa, Oct. 6. Shiego Ohta, a prominent Japanese merchant, interviewed in Montreal, declared that the existing over-popula-tion of Japan and China and the need •for an outlet must eventually mean an Asiatic exodus to the northern territories of Australia. BRITISH BY-ELECTION. London, Oct. ’<>. The West Houghton by-election resulted: Davies (Labor) 14,87-6; Tonge '(Coalitionist) 10,867. A RICH COALFIELD. Paris, Oct. 6Advices from Kattowitz state a syndicate of British capitalists has bought vast tracts of a rich coalfield near Rybuik, which have hitherto been uaworkod,