GENERAL GABLE NEWS

Gisborne Times, Volume LXXIII, Issue 11954, 26 May 1933, Page 3

GENERAL GABLE NEWS

SUEZ CANAL. OMINION It REFUSED. (U.P.A. by Elec. Tel. Copyright) LONDON, May 24

DOMINION

In tile House of Commons, Mr. -J. 13. Whyte asked would the Government consider a suggestion that part of Britain's share of the holdings in the Suez Canal should be distributed « amongst- tho Dominions to- ensure more effective representation on the board. Mr. Stanley Baldwin replied that it was not practicable. There were at present three British official directors, in addition io seven unofficial ones. WORLD WHEAT SURPLUS.

LIMITED PRODUCTION URGED BY LEAGUE. (U.P.A. by Elec. Tel. Copyright) GENEVA, May 21. The League Council adopted tlie wheat cornmifcee’s report stressing the necessity for a limitation ot production and oxpoiis as a temporary measure.

ILLICIT OPIUM FACTORIES. CHINA PROMISES HELP IN ERADICATION. (U.P.A. by Elec. Tel. Copyright! GENEVA. May 21. There was something in the nature of a sensation at a meeting ot the opium commission when a Chinese delegate, 'Mr. Victor Hoo, promised an immediate inquiry into the illicitness of drug factories in China with a view to eradicating the manufacture of opium and its derivatives and later to evolve a plan to suppress poppy cultivation and the manufacture of drugs.

UNEMPLOYED BRITISH SEAMEN. GOVERNMENT URGED TO REPLY TO FOREIGN SUBSIDIES. (U.P.A. by Elec. Tel. Copyright) LONDON, May 24The National Maritime Board, reresenting owners and .seamen of thy Mercantile Marine, lias sent a resolution, to Mr. "Walter Runciman ill connection with the M orld Eeo-, lio’inic Conference pointing out that one-third of Britain’s seamen arc unemployed, and urging the Government to do its utmost to remove the disabilities cm British shipping resulting from foreign subsidies and Qagi discriminations.

COMMONWEALTH CONVERSION SCHEME DIRECT APPROACH TO BONDHOLDERS ADVISED (U.P.A bv Elec. Tel. Copyright) (Received May 25, 8.25 p.m) LONDON, May 25 The Daily Express City editor says it is believed in the city that the financial advisers of the Commonwealth would be acting wisely if they approached the bondholders . direct, 'and endeavoured to carry the conversion sehfcmo outside the market.'lt is widely thought that an, acceptable compromise could be reached if the case were put before the Ivondliolders, \ t