GENERAL CABLES.

Taranaki Daily News, 24 December 1921, Page 5

GENERAL CABLES.

THE AUSTRIAN EXCHANGE. By Telegraph.—Press Assn —Copyright. Received Dec. 23, 11.30 p.m. Vienna, Dec. 22. The Finance Minister has introduced a Bill compelling all residents? under penalty of ten years’ imprisonment, to furnish within a week returns of all foreign securities and credits held. The object is to raise a voluntary interior loan in order to improve exchange. Social Democrats, who demanded the seizure of all foreign money holdings, are delighted. The Bill surprised the Bourse, where foreign securities dropped ITALY AND RUSSIA. Received Dec. 23, 11.10 p.m. Rome, Dec. 22. The Chamber, by 220 votes to 85, defeated a motion favoring an agreement with Russia. GOLD RUSH IN NIGERIA. Received Dec. 23. 7.35 p.m. London, Dec. 22. Something approaching a gold rush has set in in Nigeria, where payable gold has been found in the Kano district, both alluvial and quartz, a reef near the Rimi village yielding fourteen penny-weights. BELGIAN FRIENDSHIP. Brussels, Dec. 21. M. Theunis, in accepting the Premiership, sent a message to Mr. Lloyd George: “It will be the new Cabinet’s endeavor to maintain the mutual confidence and sympathy result mg from our common Bufferings with the British Empire in the •war.” MQPLAH REBELS SURRENDER. Delhi, Dec. 21. Thirteen hundred rebels surrendered to the Gurkhas at the Edvanna post. CHRISTIANS MOLESTED. Athens. Dec. 22. Notwithstanding the Kemalist proclamation warning the Turkish population not to molest Christians. 10,000 I refugees are flocking into Mersim. Sporadic murders are reported along the route travelled by the refugees. SOUTH AFRICAN RAILWAYS. Capetown. Dec. 21. Speaking at the dinner of the South African College Union, the Minister of Railways emphasised the serious state of the finances, which necessitated continued drastic curtailment of expenditure. It is the intention of the Government to legislate next session for the control of electric power throughout the Union, also to introduce a scheme of railway development, including a complete amalgamation of the railways of the South-West Protectorate with the Union railways system. THE KAPP CONSPIRACY. Berlin, Dec. 22. At a sensational conspiracy trial, arising out of last year’s Kapp insurrection fiasco, the Supreme Court at Leipzig sentenoed Herr von Jagow, formerly police president in Berlin, to five years’ imprisonment in a fortress for treason. The other accused, Baron Wangenheim and Dr. Schiele, were acquitted. The trial developed into a skin saving competition, the witnesses, including Ludendorff, fearing implication in the insurrection and endeavoring to justify their actions. Ludendorff’s ’ evidence in particular revealed I the hopeless muddle and lack of organisation in which the Kappists wallowed from the start, rendering the venture a forlorn hope. AUSTRIAN FINANCES. Vienna. Dec. 22. The Government has obtained Parliamentary powers to compel everybody residing in Austria immediately to exchange tljeir holdings of foreign bank notes, bills and foreign credits for State bonds, in either foreign or national currency The maximum penalty lor failw.