MISCELLANEOUS

Hokitika Guardian, 4 January 1921, Page 1

MISCELLANEOUS

AUSTRALIAN ANI) N.Z. CABLE ASSOCIATION

RECORD ISSUE OF CAPITAL. LONDON, Jan 1. The new capital issued during 1920 in Great Britain amounted to £367,549,000 which is considerably. the highest amount on record, excluding the yeais 1914-19 when the figures were swollen by huge Government loans. Over 90 per cent, of the new capital is for the United Kingdom, nearly 8 per cent, for British possessions, and 2 per cent, for foreign countries. DECLINE IN STEAMER VALUES. LONDON, Jan 1. The Tunier-Davidson Company in a review of shipping, mentions the extraordinary decline in the value of steamers. At the beginning of 1.920 the price for new steamers of 4000 to 7000 tons wa,s £4O to £SO per ton dead weight. They are now purchaseable for less than half that amount. One new 4000-ton steamer wife withdrawn from auction as the best bid was 170 s per ton. WOOLBROKERS AM A LG AM ATE. LONDON, Dec. 31. Jaeomb, Son and Co. and John Hoare and Co., woolbrokers. have amalgamated under the title of Jaeomb, Hoaie and Co. CARDINAL GIBBONS. NEW WORK, Jan. 1. A Baltimore telegram states that Cardinal Gibbons is sinking. The last Sacraments of the Church were administered. He bad two relapses yesterday, and is growing weaker. TRADE WITH THE CONTINENT. LONDON, Jan. 1. It is'understood that the Government’s scheme for renewing trade with tile Continent is reaching finality, and it is hoped to make a start early in 1921. It is reported that Russia will be included in the scheme. GERMAN DISARM AMENT. PARIS, Dec. 31. The Allied Governmnets are considering Marshal Foeh’s report on Germany’s failure to disarm, hut will consult .Marshal Focli before deciding on a course of action. It is expected that an Allied conference will be called. DEFINITE ACTION DEMANDED. LONDON, Dec. 31.

The diplomatic correspondent of the ‘•Evening Standard” has been informed nn good authority that unless the German Government immediately undertakes by definite action to meet her disarmament. France will he empowered to act.

While tlie British Government is generally satisfied with the way in which Germany met her obligations regarding

the re kulnr army, all the Allies aie united in sympathy with its protests against formidable srl)-delence organisations, which the Gorman Government declares it is unable to control or disband. D’ANNUNZIO AGIIBKS TO LEAVE ROME, January 1. D'Annunzio lias signed a protocol for the evacuation ol Eiumo, alter demanding various concessions in deference to his dignity and honour, which were all refused. One was to march out from Kiume at the head of his 'legionaries with liis colours Hying. It is reported that d’Annunzio has returned to the King his war decorations, and intends living in Ireland. MARY MACARTTIITR.

I,()NI)()X, Dec. 31. The death is siiiiiminml of Mary Mncarthur. (Mary R. Macarthur was secretary ol the Women’s Trade Union League and the National Federation of Women vilWorkers, bon secretary of the Central Committee on Women’s Employment, and a member of the National Insurance Advisory Committee, She was born in 1880, and was married in 1011 to the late Mr William C. Anderson, M.P., who died in 1019.] BRITAIN’S ATTITUDE. LONDON, Dee 31. It is stated that the Government has no knowledge of the reported recall of M. Krassin. It is not true that Britain desires to depart from the agreement reached in June. ADMIRAL PERCY SCOTT. “Tin; TIMKS ” SERVICE. (Received this day ‘at 8 a.m.) LONDON, January 2. Reverting to the battleship controversy, Admiral Percy Scott writes that lie has received an invitation to give h:is views before the Committee investigating the naval defence question He declined to treat the letter as secret and also .refused to attend the meetings, because he hates being treated as an incompetent fool, who is unable to see that the letter was merely a trap to muzzle him. He adds that Admiral Fisher set a trap for the Germans by building dreadnoughts. The Kaiser fell into the trap and started building dreadnoughts. He spent miliions widening Kiel Ctanal in oku to get them through. If he had spent the ’ price of one dreadnought on submarines, his country address, or one inf them would h.ayo been Windsor , Castle.