RISE IN SHARES

Wairarapa Age, Volume XXXII, Issue 10589, 21 March 1912, Page 5

RISE IN SHARES

CABLE NEWS

' Unit-id Prau Association—By Electric Telegraph—Copyright.)

ON STRENGTH OF RUMOUR

OF SHIPPING CONSOLIDATION

(Received Lust Night, 11.25 o'clock.)

LONDON, March 20

Tho Peninsular Deferreds have spurted to £1285 on the strength of rumours of the general consolidation of tho Eastern shipping interests.

trial troubles with the rise in til© cost of living, and -<xr Lloyd-George's speeches. He believed the Bill would inflame and embitter the industrial controversy. He urged the encouragement of co-r.arind-ship. Tlit> Right Hon. L>. Lloyd-George said he did not regard syndicalism as a rail danger. A minimum wage was not a syndicalist demand. The Bill was a temporary expedient, and was 'necessary to avert disaster. A drastic inva.sure now must precipitate a perilous situation. The debate had revealed much criticism, but _ little constructive suggestion. The Bill was a limited measure, but, unless other drastic measures were adopted, it would be within the resources of civilisation. The Bill was read a first time. Sir F. G. Banbury (Unionist) gave notice that he would move for the rejection of the Bill. Mr Qaude LoWither (Unionist) gave notice of an amendment insisting upon the inclusion of compulsory arbitration in the Bill. Mr J. H. Thomas. Labour member for Derbv, in an interview, isaid the Bill did not deal with the underlying pause of the trouble. It would- not secure finality. He regretted the absence of pecuniary penalties.

FUNDS EXHAUSTED.

RIOTS REPORTEED

(Received Last Night, 11.25 o'clock.) ,; ■ . . , LONDON, March, 20. Tlio week '& strike pay to 4000 miners at West iLpjthian, has .exhausted '/the''funds.: . ■-^'' / -' : XV ; . : ■ -'i:'--'' :: ■.Hill, Lanarkshire,.. South; Derbyshire, and St. Helens. ; '., Tlie railway losses the tstrike already exceed half a million.