GENERAL CABLES

Grey River Argus, 12 August 1935, Page 7

GENERAL CABLES

(Aus. and N.Z. Cable Assn.) LONDON. August 9.

Tho Simla correspondent of the “Tinies” says that Indian politicians and Indian-owned newspapers are vigorously discussing the possibility, following the King's assent to the new 'Constitution,, of exhibiting a realism rare in current Indian journalism and abandoning the partisanship which hitherto has maintained that the Government of India Bill was drafted solely in British interests. While the Hindu Mahatma, Mr M. K. Gandhi, remains aloof and silent, 'the National Congress Party is sharply divided on the question of whether Congressmen should accept office. In view of the fact that many important leaders have hitherto been willing t,o become provincial Ministers, the Congress Party executive recently refused to make a decision on the matter. Accordingly, the outcome rests upon an open vote by delegates at tne next Congress. Indian opinion strongly condemns Signor Mussolini’s land-grabbing, whereunder lies a general indictment of European policy and “Christian countries’ expansionist aims.” Critics consider that the British lead is hesitant in the face of a fundamentally racial crisis affecting coloured people throughout the world. RUGBY, August 9. The National Physical Laboratory htas undertaken an investigation of several problems connected with visibility in the air and the safety of aircraft. An attempt is being made to discover a means of aiding the landing of aircraft when an aerodrome is obscured by fog and of warning laircraht in the neighbourhood of high obstructions under poor visibility conditions. Experiments will be made at selected aerodromes. A monoplane has been specially equipped for the purpose-, and the ground installation will include radio beacons. RUGBY. August 8.

The greater prosperity of the country is reflected in the holiday expenditure this year. The railway traffic receipts of the four main line railways for the week ended August 3 totalled £3.994,000 an increase of £13.000 or 3.5 per qenty compared with the corresponding week of Hast year. The increase on the passenger receipts is five per cent. A Bank of England return shows a risfe in note circulation of £ 3.500 060 to a now record of £311,806,000 following a similar expansion, last week, of nearly £7,500.000. While chiefly accounted for by holiday expenditure the underlying tendenev of note circulation to expand emphasises the recovery and returning confidence. This improvement is further illustrated by the growth of new capit’a’’ issues. The total of £53 900,000 in July brought the issue of new capital during the first seven months of the year to £139 900.000 compared with £B5 000,000 and £75.300 000 rew>octivelv in rhe corresponding periods of 1934 and 1933.