IMPERIAL DEFENCE.

Dominion, Volume 2, Issue 569, 26 July 1909, Page 7

IMPERIAL DEFENCE.

AUSTRALIA'S OFFER. I ADDITIONAL TO LOCAL MEASURES. I ' COL. FOXTON'S VIEW. I (By Tclcßcaph.-l'rcss Ansoclallon.-OopyrlEhl) Luntlon, July 23. Tlio Commonwealth delegates to the Imperial Defence. Conference havo arrived. Colonel Foxton (Honorary Minister) ropre- , sents the Commonwealth. Ho is acconfpanied by naval and military adviseis. ' July 25, 5.5 p.m.) I London, July 24. j Colonel Foxton, interviewed with rcfor--1 fliico to tho Conference, said it is pretty I certain that Australia will ndopt compulsory training to the ago of IS, perhaps to 121, and afterwards possibly to a mature I age. The latter stop depends upon experience to be gained in cormcotion with tho i senior cadet system. Ho hoped for an interchange of officers and men with tho Imperial Navy. I Tho offer of a Drcadnought'ior som'o alter- , nntivo was made by the Federal GovernI niont unconditionally.' "I am not prepared to say what tho alternatirjo should be," said Colonel Foxton, "but we desire to contributeI in kind fpr tho maintenance ot naval supremacy, irrespective of our measures of defence of Australia and our trade routes." I ' ' I NEW SOUTH WALES DREADNOUGHT j fund'.; ;.' ~ Sydney, July 24. The subscriptions to tho Dieaduought Fund havo, now reached £82,000. , BANK AMALGAMATION. • « ■ SUBSCRIBED CAPITAL, 14 MILLIONS (By Tcleffrapli -l'rcsa Association -Oopyrleht) (Rec. July 25, 6.5 p m.) ■..':}[ ,;■■■;,:'', V ".'■"■/ ;"'■'.. , 'London, July 24..;; .Subject io tho.. approval- -of '; the V share"; holders, tho London and; (|ouhty Bank and the"London. and ._Westminster', '.Bank . ■ havo.' decided.' to ; amalgamate.- -vender; the a'malga-: mation- the. subscribed capital,;.will be .14 •millions, and tho paid-up capital 8J - ; inil|lions. ■ ~;-...': - -': | ','■-',.'.■ ."\ "■'■?■'<:;■.: '■■'.'■;■■■■ . '"■■ [The London and Gounty ; Bank.has.a-.homU nal capital of .£8,000,000, and the London and Westminster 4U,000,U01J. ■ "/< pn -the.'shares-, subscribed, .£2O ia 'paid upin; eanh case.. Under thi amalgamation^there,would-be, a nominal capital '■ of '£?2,000,000, - : Bubscribed . capital of' i£H,ooo,ooo,'' 'and'. paid> : ■iip'..- cafiital of 413,500,000.]; '.;' '■'■; ■'■■•:;, ~;f.- ■■,; ~-;.:.:;; ■ : y ,- :: .