GENERAL CABLES

Grey River Argus, 30 April 1932, Page 8

GENERAL CABLES

t,Aus. & N.Z. Cable Assn). WASHINGTON, April 28. The Democrat tariff bill restoring to Congress all power to alter the import duties, was passed, and sent to the President, by the House of Representatives. The final vote on the bill was 202 to 171. The “Literary Digest” complete poll resulted: For continuance of Prohibition, 1,236,660. For repeal, 3,431,877. Kansas cast a majority of 397, and North Carolina 68 for continuance. The remaining States cast a majority for repeal, New York, New Jersey, Connecticut and Rhode Island being the wettest. STOCKHOLM, April 28. The latest revelation of Kreuger’s affairs show that whereas he was supposed to be a millionaire, his estate is worth only £15,000. BRUSSELS, April 28. Duties on wool and furniture have been increased by 50 per cent. PARIS, April 28. “All transport systems, especially ocean shipping, must be reduced, or suffer the consequences of disorder, bankruptcy and possibly international complications,” says Rasoul Dauty, Compagnie General Trans-Atlantique. Director of the French State Railways, and Aero Postal Company. “Road, rail, and air transport suffers from over equipment. The remedy is deflation, rationalisation, and co-ordina-tion. Unnecessary competition must bo abolished. This will hurt, but there is no other way out.”