OVERSEA NEWS

Hawke's Bay Tribune, Volume XIX, Issue 31, 23 January 1929, Page 9

OVERSEA NEWS

CABLES IN BRIEF Pacific Cyclones: The storm centre is west-south-west of Suva, travelling in a south-easterly direction. The barometer is 28.96, the wind being north hy west with a force of eight. The Clan Mackinlay is hove to 90 miles west-north-west of Cape Washington. Kadaou. The steamer Moeraki returned to port. She did not see any survivors of the cutter. Quick Settlement: General de Rivera, visiting Barcelona did not Lake long to end a strike of 2000 workers at the International Exhibition. He posted a notice on Saturday stating that if tlio men were not working on Monday they would be deported. Only a dozen did not return to work. Tho seven ringleaders were arrested. Commercial Aeroplanes: Out ot 2143 commercial aeroplanes in tho world, France owns 860, the United States 520, the British Empire 370, Germany 212, Japan 50, Italy 40 and Belgium 32. Reparations: French political circles are disturbed at the reports from Washington expressing the opinion that the experts committee is not concerned in the question of ' the reparations loan, which is a matter for the more or less distant future. The progressive commercialisation of the German debt lias been one of the principal advantages France expected to derive from the inquiry. It is felt in many quarters that a situation will not otherwise be created which, according to M. Poincare, “will perhaps permit France to contemplate inter-Allied debts from n new angle.” The commercialisation of the debt has all along been regarded as providing a guarantee to justify France considering tho evacuation of the Rhineland.

Britain and Politics: .“I presume that the majority here are free traders as I am myself,” said the lit. Hon. Winston Churchill, at the Manchester Chamber of Commerce meeting in the Free Trade Hall. He added: “Britain cannot afford at present to indulge overmuch in politics.” It would not greatly improve affairs to create Parliamentary chaos with the Government lacking a majority. Moreover, the old-fashioned fight against protection was not going to help industry. The establishment of a general system of protection would not be the issue at the General Election. He announced that a section of the cotton trade was on the eve of launching an important scheme of amalgamation, in which the Bank of England had co-operated almost unprecedentedly. He . believed it would enable Lancashire to renew her former triumphs.