BRITISH AND FOREIGN

Lyttelton Times, Volume CXIV, Issue 13937, 20 December 1905, Page 7

BRITISH AND FOREIGN

United Press Association—By Electric Telegraph—Copyright. CHINA AND JAPAN. TOKIO, December 18. China .is exhibiting groat reluctance to give further concessions to Japan. AMERICA’S FUTURE IN THE PACIFIC. NEW YORK, December 18. The Hon Leslie Mortier Shaw, Secretary of the United States Treasury, addressing the students of Yale College, said that when the Panama Canal was completed and the mercantile marine developed, the United States would become the actual leaders in the Pacific. A PANIC AVERTED. (Received December 20, 12.37 a.m.) NEW YORK, December 19. Tlie Clearing House Banks came to the rescue of the Chicago National Bank, Home Savings Bank and Equitable Trust Company, and a panic was averted. The deficits are covered.