NEWS FROM OVERSEAS.

Hawke's Bay Tribune, Volume XVII, Issue 207, 16 August 1927, Page 7

NEWS FROM OVERSEAS.

CABLES IN BRIEF. An extraordinary meeting of shareholders of the Mount Morgan Mining Company confirmed the previous resolutions placing the company in liqpidation.

“L’lntransigeant,” (Paris) publishes a Moscow telegram stating that the Soviet is rushing troops to the Ukraine, where the situation is serious.

The prices of all leading brands of motor spirit have been reduced and the retail price in London is now 1/11 per gallon. This reduction is the third in five months, and is ascribed in the distributors’ announcement to the decline in American motor spirit markets. Petrol is now cheaper here than it has been for a quarter of a century.

The London “Morning Post's” aeronautical correspondent says the Air Ministry, with a view to averting crashes, is returning to the special war 'methods of teaching flying, especially emergency landings, the instructor cutting off the engine in midair by a special switch, hitherto thought too drastic for peace time flying.

Lisbon is quiet as a result of the Governments’ prompt action. A large majority of the troops has requested that the revolutionaries be punished most severely. The Cabinet decided to deport to the- colonies all those implicated- Sarmento has been cashiered.

The “Financial Times’ ” Berlin correspondent says the Minister of Finance has taken the unusual step Of raising the interest on the 5,000,000 mark Reiche’s loan from five to six per cent. It is evident the purchasing powers of the public were over-estimated resulting m a serious loss. The finanace market is surprised, but relieved that the mistake has been publicly admitted.

The ‘Osservatore Romano,” a Vatican organ, reports that the Fascist authorities have arrested five priests holding high positions in the diocese of Udine. It says it does not know the reasons for the arrests. The Turin “Gazette del Popolo" declares that the o' are owing to antiFascist ir . which the authorities could longer tolerate.

The Malta Legislative Assembly general election, under proportional represen'ation, resulted in the return of 15 Constitutionalists, to whom Sir Gerald Strickland is the leader, 13 Nationalists, three Labourites, and one Independent. The outgoing Nationalists and Labourites entered into a pre-election compact.

The “Daily Express" says important plans for the reorganisation of the Miners' Federation are being completed for submission to the executive for official approval. The change is likely to have great significance in the whole trade union movement. It indicates a return to pure industrialism by the Miners' Federation, which hitherto has been more revolutionary than any other. Likewise it would mean the restriction of the activities of Mr. Cook-

At Winnipeg, addressing huge crowds from a window ih Parliament Buildings before entraining for the east. Mr Baldwin denied that signs of decadence were appearing in Britain. "What we feel at home," he said, “and what I think must be more difficult for you to realise than it is for us, is that on us mainly, on the people of speaking the English tongue, people of British stock, rests the greatest hope for world peace, continued peace. Peace is a vital necessity for the world and for no part of the world more vital than for the Empire. All we want to do is to develop ourselves and our countries in peace. That will be our great contribution to the world."

Work has been started on the Jor-dan-Yamak section of a big scheme for utilising the river Jordan for the generation of electrical energy. Hie Jordan water between Lake Tiberias and Jiseltnyammijeh, where in about eight miles there is a fall of 130 feet, will be used, and a supplementary part of the scheme, which is estimated to produce 130,000,000 kilowatts, provides for harnessing the waters of the Yamuk, which flow into the Jordan five miles south of Lake Tiberias. The Jaffa, Haifa and Tiberias sections are already complete. It is anticipated that the Palestine Government will be a big consumer, that the railways will be eventually electrified and that electric power will be extensively used for irrigntiona! pumping.

New industrial developments in the British Midlands are expected to result from researches conducted over three years at South Staffordshire by the Mond Gas Co., Dudley Port, into the fuller exploitation of tar products. The company's managing director claims that a substance has been produced superior to cresote as a preservative and protection against the ravages of white ant and dry rot- Another discovery was that by blending different varieties of bitumen and reducing them to a colloidal state paint could be obtained which resisted corrosion in iron and steel. There is also a derivative which provides a powerful germicide, and which is not poison, ous and is a non-irritant. For medical treatment this has great efficacy in reaching deep-seated mischief and promoting the growth of new tissues. The research staff believe these discoveries are only the precursor of more important developments in the field of fine chemicals. Meanwhile an extension of manufacturing activities is promised.