GENERAL CABLE NEWS.

Gisborne Times, Volume LV, Issue 6143, 29 July 1921, Page 5

GENERAL CABLE NEWS.

FRENCH FINANCE.

PARIS. July 27

M. Doumers, in a pre-Budget statement, points out that the total debt amounts to 24 milliard francs. False hopes had been entertained that conquered Germany would bear France’s whole financial sacrifice, but the only safe road was absolutely to balance expenditure and receipts. The military expenditure for 1922 shows a reduction of 500 millions compared with 1921. RHINE BRIDES FOR BRITISHERS. LONDON. July 26. In the House of Commons Sir L. Wortliington-Evans said that- to tlie end of last year 138 members of the British army on the Rhine had been married to Germans. DOVER PATROL MEMORIAL. LONDON. July 27. Tlie Prince of Wales unveiled a memorial to the Dover patrol at Leathercote point, four miles east of Dover. He said that the traditions of the Cinque ports were worthily upheld in our own times by the men who patrolled the straits in face of unknown perils, against a merciless enemy. NOVEL USE OF WIRELESS. LONDON. July 27. There was a novel use of wireless in mid-Atlantic. A member of the crew of a tramp ship died. The captain had no copy of the burial service. A Cimarder wirelessed the text of the service, and the burial was carried out as tho. operator on tho tramp translated the message.

RARE FINDS IN PALESTINE

(Received July 28. 11 p.m.) LONDON. July 27

Valuable results were obtained by the antiquities ordiance departmentin Palestine, which excavated the great cloisters with which Herod adorned his birthplace. An ascalon and hexagonal court, with mosaic pavement, was uncovered at Capernitim. Steps are being taken to preserve tho Crusaders’ tower at Ramleh near Joppa, and other monufnents. So far the department has catalogued six thousand objects for the museum.—Reuter.

JAPAN’S ADVANTAGEOUS DISCOVERY. TOKIO, July 28. A process for smelting magnetic sand, whereby Japan would be rendered independent of outside sources of iron supply, has been thoroughly tested and proved satisfactory. The cost of production is twenty-five yen per ton. Extensive fields are workable. The discovery is regarded as of the greatest importance economically and politically.—Reuter. LABORJTE’S DEATH FOLLOWS SPEECH. (Received July 29, 1 a.m.) PARIS. July 28. A delegate at the Labor Conference at Lille, after delivering a stirring speech on behalf of the moderates, in which he had to shout continually to obtain a hearing, was apoplectically seized and died. The event had a sobering effect the later proceedings being orderly.

MYSTERIOUS GREEK SHIPPING LOSSES.

(Received July 28, 5.20 p.m.) LONDON, July 28

Lloyds is agitated by the recent mysterious disappearance _ of fifty Greek vessels,. which, it is alleged, have . foundered tunce September, 1929 They were insured in the aggregate for £3,500,000. No lives' were lost. Tlie underwriters are refit sin d: Greek shipping risks.—A. and N.Z.O.A. '