AMERICAN CABLE NEWS

Hokitika Guardian, 18 November 1927, Page 3

AMERICAN CABLE NEWS

(Australian N.Z. Cable Association.)

FLIGHT POSTPONED.

SAN FRANCISCO, Nov. 17

Giles prepared to depart today, but postponed his flight until 18th Nov. After the plane had been wheeled lo tile runway and fuelled, Giles announced the runway was too muddy to permit the heavy plane to take off. The weather between here and Hawaii is reported to be almost ideal for tne lliglit.

SCULLING RACE DATE. . VANCOUVER, Nov. 17. Harry’s and Goodsell’s articles were amended at the second meeting, (hanging the (late of the race to Dee. 26th.

—, U.S. TRADE. WASHINGTON, Nov. 10,

The trade between the United Slif.-s Australia and New Zealand and adjacent islands was reduced by nine percent for ihc first nine months of 1227, compared with the eorresp.aiding period of 10*20. According to an announcement by the Department of Trade and Commerce, trade amountid to 198.191 thousand dollars, of which 154,614,000 represented trade with Australia, only, Despite the decrease Australia continued in first place in the foreign markets for American automobiles, and third in the consumption of gasoline. It also surpassed other foreign countries in purchases of American machinery, Australia imported 55,888 automobiles valued at thirty-six million dollars and more than three millions worth of auto parts and accessories. The figures are considered significant in view of the imminent appearance of a new Ford, after almost a year of inactivity at the Ford plants. Observers here see the approach of an automobile saturation point, which will lie given a. dangerous impetus by Hie new Ford production, but the Department ot Commerce experts ridicule the suggestions, emphasising the fact that there is ail enlarging market in South Amoiica.

PRESIDENT COOLIDGK’S AIMS. (Received this day at 10.15 a.m.l NEW YORK, Nov. 17. President C'oolidge, addressing the Union League of Philadelphia, said in the past we have adopted and very generally maintained for a period for over a hundred years, a system of protective tariffs. This enabled us to develop our natural resources, build up great industries providing further employment for increasing population and markets for various products of the farm and factory. This policy lately had been extended to include restriction of immigration. Without the influence of a protective tariff it would never have been possible for our country' to reach its present stage of diversified development. Any material reduction in general tariff rates would ultimately result in a drastic deflation of agricultural and industrial values and in the standard of living. Under the present system our foreign commerce has achieved its highest peacetime record, and the national income lias steadily increased to enormous proportions of ninety thousand million dollars for last calendar year. We are in n position that with further moderate taxation we can consider internal development on the sea. Me shall round our navy with more submarines and cruisers and private ownership should provide with auxiliary merchant marine of fast cargo boats. On land we shall build up air forces especially by encouraging commercial aviation. We are more concerned than ever with foreign affairs. The wealth of our people is going out in a constant stream of record dimensions for the restoration and development in all parts of the world. We want our

moral inlluence to be on the side of liberty, education, fair elections and honest constitutional government where our .obligations to our own citizens under international law requires extended help to those attempting to secure tliese results, but we refrained from meddlesome interference because we recognised not only the right but the necessary for each people to work out their own destiny.

CYCLONE DAMACE. WASHINGTON AFFECTED. (Received this day at 12.25 p.m.) WASHINGTON, Nov. 17. A cyclone struck the city, following a terrific lightning and rain "ktorm, which chiefly affected that portion situated about four miles from White House. The wind tore roofs and fronts from houses, felled trees, damaged churches and industrial plants and overturned automobiles. The authorities at present are unable to estimate the casualties, but it is known a large number of persons were injured. All available ambulances were rushed to the stricken districts. The suburban hospitals are so crowded that they are unable to spare time to answer telephone enquiries. Many injured were also taken to big city institutions. Several outlying localities are cut off altogether. President Coolidge left fox - Philadelphia during the storm.