BRITISH & FOREIGN.

Poverty Bay Herald, Volume XLVII, Issue 15120, 20 January 1920, Page 5

BRITISH & FOREIGN.

Elec.; Tel. -Copyrlglu-^bnifea Press- Assn.] •(Australian, ami JT.Z: Cable Association.), ' '■' v'-^ENTi'QN;' January 16. .', The West Australian Joan Closed after ,a-'day anda haif, -iiistead of . five" days, over-subscribed.'* |. ' - The Adniira.ty : ,. is disposing, of 183. AVafships, induding; theibattleships Bellerophon, I^ondori, Albemarle;- E_mouth, '.Irtd Jupiter, ■ ■■ ' . ', ' "•'; '.-. .,;•' : ,'. , J,t Is authoritatively 'denied that,, the Prince of Wales has settled that: he. wll first visit N*w. Zealand. . His rbute ie still- undetermined.-" ' vi; ; " ' -..-::-••.. •-, . OAving to the ;' decline of home grown stock Britain must 'import 760,000 tori's of meat annually, possibly 'jb!ov6,: : \o Avlrich Australia' is expected^ to -fco»tVioute Heavily.. .: ; : "'\ ."'" The New Zealand Shipping' Company'^ new steamer . Otaki is" fitted-" with '"a" piat© commemmorafeirig the old Otaki's gallanv. fight. -.with the Mbewe, and the Admiralty's appreciation ' thereof . Short loans are. -quoted at " 4§ ;' three month bills sf'. Toreign exchanges on Paris 42.47; Stockholm 17.80, Christiania;l9.o, Calcutta' 27 and 15-16ths, Montreal 4.03, New York 3.72£.. ' ' i : ■■:■■:' LONDON; Jan. 17. It transpires that six persons were Waslied overboard front- the Ostend mailboat .during the. recent 'gale. ; ' \< "'•■'• The wheat market is quiet> but fitirt. Ari Australjipnjfcargo ;divertedl fronii'Liverpool sold at 61s. The flour market is quieter afteq^jg ; better" demand owing to • the increased railway rates noAv m operation. I'he Government releases of imported flour ' 'yesterday consisted of half Australian and' ha If American. Oats a^'Utf*fc„Vc'i-! i iia."l*lata :, Sss i '94r"' Iri peas a fair trade was °- done at full late rates. Beans : Rather, more business doing. "BarUH : ''Qliiet. Svgar 1 : Granulated, 66s 'Id." ' '" T ' T : PARIS,, 'January 16.^. Tlie I , Huhgainan treaty! lias •"' been pre-,, sented^ . It alloAys a fortnight- for- oh* serrations. ' '-. '•'-''-..- - -■'' ' • WASHINGTON,. January 16..^ Admiral Koontz, Chief of Naval: Operations, ;• has - - recommended to - the Naval Committee- of the; House of • Representatives 'a naval force of 638. ships. He -suggested th© reorganisation of the existing naval force's; , - - retaining- * 17' Dreadnoughts, 13 pre-Drcadrioughts/!" 8 armored oruisevs, IS cruisers, 14 gunboats, 299 destroyers, 141 submarines, 11 destroyers' tenders, . 55 aubriiarin'e chasers, arid" .'36 mine sweepers; " He. pointed out it AA'diild inquire a personnel of 91,000 to keep the ; foregoing l force, ready for sea on the basis of 65 per cent, compieinetit. It is estiiriated -that oie> naA-al appropriations for 1921 -are 675;---000,000 dollars, -and for 1920 ,613,000,000 dollars/ " •■■ -..' *■■ ■-.....-■ '.":■ .;.-.;■ .NEW YORK, January; 18. ' A AA'ireless message has been received stating that the United States transport PoAvhattan, 500 miles off "New York, ■ is. m distress. -There-' are 500 on board, and the boilers" are stated l to be flooded. Several' steamere are standing by. The Chicago .I&amiher and allied newspapers announce 5 -'that they are starting a/'euit for .£200,000 sterling against th©. Canadian ' Minister of Commerce.for stop^ping the export of pape^r to fill America-- co t ntracts. J Canadian pff.cials regard the 'threat as. American "bluff.". They 'ppint 1 - out that 'the-.Can-adian. Governmentt cannot be! sued without !it& own conserit. -. -■„--.., CAPETOWN, January, 17* : : Speaking taAT.Whitbankf General Smuts' strongly condemned, profiteering as one j of the gravest .problems-' 6f tlie world. ■ lie f erring to "the: boatical situation he i urged ' the ' abandonment of" 1 " the did j po.itical spirit with'-* view to' mak.ng ! South Africa one of , th© most . highly j organised countries m the world. If the ! people would help him m that policy ' he Avouid be ' their man. If they wanted to go back to the old* party cr.es he wouid rather go farming. He was sick of polities. -•; : - . V ' ' TOKIO, Jan. 16. Cabinet is inclined to' favor Uchidaa' plan • for international settlement of Tsingtau, replacing the military government Avith a transitory administration. Obata, Japanes^ Minister -tor China, has been instructed to confex' -with-, 1 the Peking Government. - .'