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NEWS AND NOTES

The city and diplomatic circles in London are agreed that President Hoover's Note is not altogether unsatisfactory, as it leaves the door open for international discussion. Following the announcement from Washington of President Hoover's decision not to accede to the request of Britain for a suspension of the war debt payment due on December 15, excitement ran high on the foreign exchange market in London. Sterlingwas offered heavily and fell to 3 dollars 24 1-8 cents, which compares with 3.2334, which is the lowest ever recorded since Britain left the gold standard. Franz Leitgoeb, the Austrian "Bluebeard," was sentenced on Wednesday to imprisonment for life. He admitted having murdered seven women. Pleasant in taste — efficient in the relief and remedy of Colds, Catarrh and all throat affectations. Nazol Pastilles, 1/3 box. (9) Victor Smith, the 19-year-old aviator who flew from Capetown, beinglost for several days in the wilds of Nigeria en route, made a forced landing at Ashford, Kent. He was unhurt. The Daily Express states that Sir Malcolm Campbell's new Bluebird car has been assembled. It weighs 4% tons. The engine is a Schneider trophy type of Rolls-Royce and develops nearly 2500 horse-power. It should be capable of attaining a speed of 300 miles an hour. No injurious drugs in Nazol Pastilles—just a safe, efficient formula for the relief of Colds, Sore Throats, Catarrh, etc. 1/3 box. (10) The President of Germany, Marshal von Hindenburg, rejected the claim of Herr Hitler, leader of the Nazis, to assume the office of Chancellor. The Nazis accuse Hindenburg of playing an unfair game. They say he never intended to give Hitler power. "We are getting sounder in wind and limb. We can afford to employ a little more activity," said Mr. A. C. Davidson, general manager of the Bank of New South Wales, addressing the Legacy Club. The British Prime Minister, Mr. MacDonald, in referring in the House of Commons to schemes for the alleviation of unemployment, more than once mentioned the promotion of the coal hydrogenation process for the extraction of petrol and other oils as a means of stimulating the mining industry. Avoid infection in trams, trains, etc. Create an atmosphere of protection. Use Nazol Pastilles. 1/3 box. (ID Reporting to the House on Thursday on numerous petitions for the restoration of the State subsidy to free kindergartens, the Education Committee referred the requests to the Government for favourable consideration as soon as the finances of the country permit. "Quite frankly, I do not know when the depression will end nor did anyone I met really know," said the Min« ister of Finance, the Hon. W. Downie Stewart, in the course of observations on the world financial situation, made on his return from England on Thursday. Claiming that their representations have the guaranteed support of twenty members of Parliament, outside the ranks of the official Opposition, Coalitionists on Thursday night presented a signed memorial to the Prime Minister and Mr. Downie Stewart, vehemently protesting against any political intervention in the exchange rate issue, and pressing for an early statement to allay the anxiety at present prevailing throughout the country.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/KCC19321126.2.2

Bibliographic details

King Country Chronicle, Volume XXVI, Issue 3450, 26 November 1932, Page 1

Word Count
522

NEWS AND NOTES King Country Chronicle, Volume XXVI, Issue 3450, 26 November 1932, Page 1

NEWS AND NOTES King Country Chronicle, Volume XXVI, Issue 3450, 26 November 1932, Page 1

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