GENERAL CABLES.

Auckland Star, Volume XLIII, Issue 303, 19 December 1912, Page 6

GENERAL CABLES.

CARNEGIE'S MILLIONS. HOW THEY MIGHT BE SEEN— LOK3X)N,JDec_libex 13. In an article oa Mr. Andrew Carnegiej, , of whom he presents a long _laiacter , study, the editor of the "Dally News," Mr. A. G. Gardiner, writes:— ( " Having failed to get rid of his for- , tune by building 1,500 libraries, 6,000 , church organs, palace and peace institu- '■ tions, and by founding Scotch University schemes and hero funds, why doesn't he , try another method? Why does he not - spend the rest of his days and resources , warring against the twelve-hour day , and the seven-day week of the Steel , Trust, which is the most colossal monu- ( ment to Mammon that modern industry has conceived? , "Its capital is 1,500,000,000 dollars, ' half of -which is water, and upon that ■ water vast dividends are paid out of the excessive hours and the under-paynient of thousands of unhappy serfs. That cannot be a pleasant thought to Mr. Carnegie as he wakes to tj*e sound of the bagpipes at Skibo Castle. It was he who broke the union that gave these serfs the least fighting chaxice." AUSTRALIAN SHIPBUILDING. BIG ADVANCE EXPECTED. LONDON, December 12. The " Times," in its special shipping supplement, says that the industry of Australia is enjoying a period of unprecedented prosperity, and appears to be on the eve of further substantial developments. The journal remarks that so far the Commonwealth has done very little in the way of shipbuilding, but a serious beginning in this branch of industry may be expected at any moment, and the next decade will probably see Australia making substantial progress in the construction of vessels of importance. NEW ARMADAS. SPANISH DREADNOUGHTS. LONDON, December 13. The Spanish Government is planning the construction of a new squadron, comprising three super-Dreadnoughts, two destroyers, nine ocean-going torpedo boats, and three submarines. The Parliamentary e3onlmi ttee which is considering the French naval estimates is of opinion that the supremacy of England and Prance in the Mediterranean is threatened by the naval activity of Italy and Austria. The committee recommends the ex>n- i struction of six additional battle—ships i in the ne_ct four years. co-partershTp A REMEDY, j A VISCO_TTT'S SUGGESTION, j LONDON, December 13. Viscount Hythe, eldest son of "Sari Brassey, speaking before the London Chamber of Commerce, advocated co- | partnership as a remedy for industrial disputes. Capital, he contended, had a right to receive wages, just as workmen did. He suggested that the capital invested in a business should receive a fixed eiividend of five r"»r cent—or, perhaps, more in the case of certain kinds of business- —and, | after that had been paid on the capital, the workmen should be credited in a bonus fund with a percentage of his wages at the same rate as the dividend pair', to shareholders in excess of their fixed five per cent. The bonus fund, said the Viscount, ("should not be regarded as a means of keeping down wages. NO SYMPATHY FROM THE RICH THE LABOUB-BS' CO__P"C—_NT. LONDON, December 13. In opening a church relief and labour depot at Brixton to-day, Mrs. Asquith said: "There is only one way in which! the problem of unemployment will be solveal, and that is by love. There is no j other way of serving God than by serving our poor fellow-creatures. 1 ' i A labourer among the audience re-, marked that he met with no sympathy: from the rich. I Mrs. Asquith replied: "I think the poor are very sympathetic to the poor, and help one another more than the rick help the poor.*' I HYDROPLANING THE ATLANTIC! - i GERMAN'S VENT _ BESOM- j PROJECT. BERLIN, December 12. j A daring voyage across the Atlantic is j planned by Richard Beekman. j Herr Bcckman is building a hydro-! plane, in which he expects to be able to | cross tbe Atlantic within 48 hours. He intends to make the attempt next spring, starting from the Azores, and landing at Halifax. PRESIDENT TAFT'S FUTURE. A TTRnVERSITY POST. LONDON, December 13. A New York telegram reports that President Taft, at the expiration of hia j term of office, intends to accept a profes- ] eorship of law at Yale University. I . . * I AIR DANGERS. PLYING OVER FORTS. LONDON, December 11. During a display of aerial flights at Colombo a foreign airman named Pourpe | flew over the fortifications. i Thereupon the Government forbade further attempts pending the signing ofj an agreement by the pilot that he would not cross certain limits. The airman's camera was seized, and his plates developed by Government officials. MUSIC HALL TRAGEDY. RIF—E EXPERT MISSES THE MARK. LONDON, Dejceniber 12. A tragic affair happened at a music hall in Brussels last night. . One of the star turns was that 'of a shooting expert, who, "with eetrezal assistants, has —gbUy been giving an exhibition of his skill with the rifle. During yesterelay evening's performances, however, the expert missed the target «,t which he aimed, a&d the man who ■was-holding it-was shot dead,