NEWS AND NOTES

King Country Chronicle, Volume XXXI, Issue 4958, 20 February 1937, Page 1

NEWS AND NOTES

“German people no longer entertain the slightest ill-feeling over the war. Nothing remains but a great respect for their former opponents,” said Herr Hitler, addressing 51 delegates to the first “Permanent Commission of International Front Fighters” meeting in conference at Munich.

Responding to the toast .of Imperial Trade at the Warrant Holders’ dinner, Mr. Walter Nash, New Zealand Finance Minister, disclosed that he had signed a contract on behalf of New Zealand producers with British shipping companies to whom £4,000,000 would be paid on account of New Zealand’s trade. Such arrangements depended on reciprocity and co-operation in the fullest sense.

“The Times” Lille correspondent states that great anxiety is felt at Lille, Roubaix and Tourcoing, as the textile industry is threatened with stagnation owing to the rise in production costs, due to the 40-hour week.

The liner Queen Mary re-entered the North Atlantic service on Wednesday and sailed from Southampton with 935 passengers for New York.

The belief is expressed in some quarters.in Washington that Britain does not intend to build all the ships listed in the White Paper, but that her real aim is to frighten the naval Powers, chiefly Italy and Germany, which have refused to participate in a naval armaments agreement.

Harold K. Yuan, business manager for Oriental Wool Manufacturers of Tientsin, arrived at Darwin by mail ’plane to purchase 5000 bales of coarse types of Australian and New Zealand wool. He said wool was superseding silk in China, which now required 8,000,0001 b of wool a year.

Captain Euan Wallace, Parliamentary Secretary to the Board of Trade, speaking at a banquet of the Royal Warrant-Holders’ Association, said: “We should regard the industrial development of the Empire countries as a welcome step forward, not as a menace to home industries.”

At the Wellington wool sale yesterday 30,283 bales were catalogued. There was a full bench of buyers. From the outset it was apparent that finer wools were easier but coarse and low qualities were in better demand. As the sale progressed it appeared that fine wools were lid per lb down oq January rates. Rougher wools were about id per lb easier, but brought comparatively more than super lines.