BRITISH & FOREIGN ITEMS

Hokitika Guardian, 10 August 1921, Page 2

BRITISH & FOREIGN ITEMS

CABLE NEWS.

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. MR MASSEY’S DOINGS. VISIT TO BRADFORD. LONDON, August 8 Mr Massey spent the week-end at Bradford, as the guest of Sir Francis Willey, a wool magnate, whose son was Wool Controller in war-time. Todjay he visited the Wool Exchange and several of the largest mills, including Oaltaire, where he saw New Zealand wool being worked from * raw materia] to the finished cloth. He was amused to discover, while motoring to a civic reception in Mr W illey’s motor car, that the rug therein was manufactured at Mosgiel. At a subsequent reception by tr.e Bradford Chamber of Commerce, Mr Whitehead (chairman) said his visit would do much to further the friendship' and understanding between Bradford and New Zealand. Mr Dawson, President of the Wool Federation, said that closer co-opera-tion between Australasia and Bradford was essential, their interests being identical Tlic Wool Federation was f.:Tnly convinced that it would regain its former prosperity if it were freed from the trammels of control, and subjected only to “laws of supply and demand”. He believed they had enough skill and enterprise, which with free scope, would enable them to regain their position. Mr Massey said he was confident of the wool trade's ability to overcome the present slump. He would be disappointed if wool prices did not increase considerably in the next half year. He said every Dominion pastoralist in 1920 showed a loss. Accumulations of wool in England must be seriously faced and dealt with. He agreed that the sooner the wool trade was relieved from Government control in any shape, the better it would he for the industry’s progress.

MAGAZINE EXPLOSION. GREAT LOSS OF life. (Received This Day at 9.40 a.m.) TOIvIO,- August 9. An explosion at Kinoshinia artillery magazine is reported to have killed or injured two thousand persons. COUNT TISZA’S MURDER. LONDON, Aug. 9 The “Morning Post’s” Hamburg correspondent says that ex-Captain Czernkak, a Hungarian aviator, has been arrested on a charge of murdering Count Tisza, the Hungarian statesman, who played a big part in the war. BRICE OF MOTOR SPIRITS. / SAN ERANCISCO, Aug. 8 Tim Standard Oil Company announces a reduction in the crude oil price by 25 cents per barrel, and in petrol by two cents per gallon.