Week’s News in a Nutshell

Northland Age, Volume 3, Issue 12, 22 December 1933, Page 7

Week’s News in a Nutshell

Thursday, December 14.—Germany, which has paid £700,000,000 in interest and capital on loans in the past three years, declares it will never again be able to pay the former interest on foreign loans. IfUnited States asks nations attending Pan-American Conference to reduce tariffs and trade barriers. Friday, December 15.—Fierce gales sweep the coast of Retain, and reports of intense cold come from all parts of Europe. HSir John Simon, Britain’s Secretary of State for Foreign Affairs, is to tour capitals of Europe in interests of peace. IJlncrease in Communist activities in India alarm Government. 11 Allocations have been granted for 5,595,000 gallons of liquor to be imported into the United States within the next four months. Saturday, December 16. United States liquor importers are given permits to import 5,580,590 gallons of Canadian liquor during the four months quota period. Italy comes next with 1,100,000 gallons. Ifßussia cuts imports to the bone in order to counteract the trading deficit of recent years. IfAustralia is to send goodwill trade mission to Japan with view to increasing friendly relations. IJltaly’s unemployed is steadily mounting for the winter and is now 1,066,215. Monday, December 18. Further friction between Russia and Manchukuo over management of Chinese Eastern Railway. UStated that Germany is ready to conclude ten-year pact of mutual non-aggression with neighbour states. IJFrench Minister of Air after visit to Russia, states Russia’s aviation power will in live years equal that of all the European countries combined.