NEWS AND NOTES

King Country Chronicle, Volume XXVI, Issue 3439, 5 March 1932, Page 1

NEWS AND NOTES

A situation of some complexity exists regarding the actual position at Shanghai. When the. League Assembly met at Geneva the Chinese delegate, Dr. Yen, declared that the negotiations for an armistice had broken down.

Labour will only support the De Valera Government if it gives definite preference to economic and social questions, declared Mr. William Norton, the Irish Labour party leader, in a speech at Sligo. "If the Fianna Fail forget their election promises, they go out in 24 hours," he declared.

The Premier of New South Wales, Mr. J. T. Lang, stated in the Legislative Assembly that the cost of unemployment relief between July 1 and January 31 Was about £8,000,000. Mr. Lang said the total cost of the Sydney Harbour Bridge was £9,500,000.

A review of the British Government's economy measures shows that actually the May Economy Report cuts of £70,000,000 were not achieved. Although the designed economies were only £64,000,000, there have been such savings in unemployment insurance, and elsewhere that, despite the foregoing losses, the year's savings amount to £78,000,000.

The stock markets in London are buoyant and the scenes in Throgmorton Street are reminiscent of the boom days. Hopes are expressed of a further reduction in the bank rate.

The Prime Minister, Mr. MacDonald, is still recuperating at New Quay. He has been visited by the oculist who performed the operation on his left eye, and the latter is completely satisfied with its condition.

The Lappist rebellion in Finland has collapsed owing to the blunder of the leaders in delaying the march on the capital. Rebels are now trickling homewards.

An emphatic and unqualified refusel to the demands for noncontributory unemployment insurance of the widest range, and a flat declaration that neither the Government nor Parliament will be deterred by threats, was given by the Prime Minister of Canada, Mr. R. B. Bennett, on Thursday to a delegation of unemployed of various nationalities from several cities.