ENORMOUS LOSS

Dominion, Volume 19, Issue 237, 21 June 1926, Page 7

ENORMOUS LOSS

BRITISH COAL STOPPAGE WEALTH DEPLETED BEYOND PRECEDENT EIGHT MILLIONS A DAY By Telegraph-—Pres- Association •“JoPY HIGHT (Rec. June 20, 5,5 p.m.) London, June 19. "The Nation’s wealth is being depleted beyond precedent,” declared Mr. P. J. H. Hannon, M.P., chairman of the Conservative Parliamentary Industrialists, speaking in Birmingham. He estimated the country’s loss as a result of the coal stoppage at eight millions sterling per day at present. “If the stoppage lasts another fortnight, Mr. Hannon said in conclusion, "the loss will be ten millions daily.”—Reuter. SITUATION PRECARIOUS CHANCELLOR’S WARNING (Rec. June 20, 11.25 p.m.) London. June 20. The Chancellor of the Exchequer, Mr. W. S. Churchill, did not mince words in his references to the Russian Government in a speech at Alexandra Palace. In the course of a discussion on British strike troubles he said that the Russian Bolsheviks, whom he described as “these miscreants,” had ruined their own country, but were powerless to ruin ours. They thought that the same sort of stuff with which they bamboodled the Moujiks would suit Britain. The money sent for the miners at the instance of the Russian Government was very trifling compared with what the Russia had stolen from us. That the United States policy to Russia was the right one was proved .by the fact that without in the slightest countenancing Bolshevik principles they had done more trade with Russia than we had. In view, however, of the traditional continuity of British foreign policy, we had decided that the present was not the time for a rupture of relations. The situation was precarious and was being vigilantly watched. He added a warning that people lending money to Russia must understand that the British Treasury would in no circumstances accept responsibility if they were defrauded. No claim for ‘losses’ would be entertained by the Treasury. He advised traders with Russia to get payment or full security before their goods left the country.— Aus.-N.Z. Cable Assn. . “THEIR CAUSE IS OURS” RUSSIAN HELP FOR MINERS London, June 18. The Riga correspondent of “The Times” states that the Red trade unions have issued a note to the world which says: “To expect the. Soviet to forbid Russian unions to help the British miners is totally to misunderstand tlie spirit of the Soviet Government. The unions have helped, are helping, and will help the British miners • because th fir cause is ours.” The “Izvestia” says that the contributions were not the real cause, but served as a convenient pretext to begin “Britain’s carefully-planned assault on Russia to make us pay our debts.”— “Times.”

PROTESTS AGAINST BRITISH NOTE

Moscow, June 18.

Big trade union demonstrations protested against the British Note to the Sovieti Banners bore slogans like “Hands Off Russian Trade Unions” and "We Won’t Renounce Solidarity with Workers of other Countries.”

Meetings were held in the streets, and factories. Foot and mounted militia during the demonstrations guarded Vorovsky street, where tlie British Mission is housed, and several times pushed back the crowds trying to pass the building.—Reuter.