GENERAL CABLE NEWS.

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12063, 27 May 1920, Page 5

GENERAL CABLE NEWS.

E I TTERJIEN APPREHENSIVE. United Prass Association-By Electric Telegraph—Copyright. LONDON, May 25. Butter importers have decided to call official attention to the action of British co-operative societies, which they allege are working with the Labour Unions and Consumers’ Council, in a strong campaign for lower prices ■of foodstuffs, including butter and cheese, and to secure permanent Government control, which the importers regard as a serious menace to Australian and New Zealand producers FOREIGN EXCHANGE. LONDON, May 25. Foreign exchange rates on London: Paris, 49.50 francs; Stockholm, 18.32 kroner; Christiania, 21.45 kroner; Calcutta, 25 pence; Montreal, 4.29 dollars; New York, 3.84?= dollars. MORE TROUBLE AHEAD. LONDON, May 26. The “Daily Express’s” Constantinople correspondent reports that a ■collision between the Greeks and Turks in Thrace is inevitable. While the Greeks are concentrating in the ■former Bulgarian portion of the province, their opponents, under regular officers, are mobilising under the leadership of Adrianople Moslems. Two hundred and seventeen delegates to the National Congress at Adrianople have signed a declaration that Thrace is essentially Moslem, and they would resist a Greek attempt to occupy it by force of arms. Numerous protests to the Allies are being prepared. BROKEN HIDE STRIKE. SYDNEY, Last Night. It is officially stated that during the twelve months the Broken Hill miners have been on strike they have lost £2,000,000 in wages. Ten thousand men with 100,000 dependents are di■rectly affected. FEELING DOMINIONS’ PULSE. LONDON, May 25. The Spa Conference is unlikely, to consist of more than a Council of four. The calling of the Dominion representatives into consultation aims at a revival of the Empire peace delegation, in order to discuss various matters, particularly finance, which will come bcfoi'6 flic Spix Oonfeience, ctiici thus fortify Mr Lloyd George on the Dominion view's thereon. WOOL SALES, LONDON, May 25. The Australian Press Association learns from an authoritative source that the British Government will continue to hold wool auctions in London till December 31st. The Government will probably be willing to give the squatters a reasonable portion of freight space from October Ist onwards. JAP BANK CLOSES. LONDON, May 25, A telegram from Japan reports that as a result of the financial trouble, the Seventy-Fourth Bank, _ with , a capital of half a million, is closing 1 its doors. There has been a run upon the small district banks for some weeks, but the larger Japanese banks have the situation well in hand. JAPAN TALKS PEACE. NEW YORK. May 25. The “Chicago News’ ” Tokyo Correspondent interviewed Okuma, who declared that if Europe and America understood Japan’s motives, and gave their,moral support. Japan would be ready to disarm in Siberia, and try to improve conditions and open the continent to commerce. “But,” he added, “if they are unable to reach an understanding. Japan will withdraw, leaving the world to face the consequences. It is thus necessary for Japan and England to do something for the settling of conditions in the Orient, and they would welcome the co-operation of the United States and the League of Nations, despite the Possible defects in the broad movement towards a universal peace.” I CONVINCING AMERICA. I NEW YORK, May 26. ■ Sir Auckland Geddes, speaking at I the Pilgrim Society dinner, said that ■ there was no evidence that Britain ■ was trying to pool the war debts of ■ Europe, and to drag the United States ■ into the nook He stated that while ■ more than a thousand ships, including ■ lour battle-cruisers, were under con- ■ hi Britain at the time the ■ armistice was signed, only the Hood ■ had been completed. He denied ■ categorically the statements that Bri- ■ Ifin had commenced the construction ■ o'a pipe line from Baghdad or Mosul ■‘o Haifa. and that Britain was trying ■ b monopolise the world’s oil fuel sup- ■ ply. ■ FRENCH CORN BILL. ■ PARIS, May 25. ■ The Council of Ministers has of the draft of the Corn ■ Bill which provides that the State ■ bait purchase the whole of this ■pars French crop; also all im■krted corn. Parliament will be ■tapowered to extend the arrangefrom year to year. ■ DOUBLE FARE PLEASE! ■ SYDNEY, Last night. ■ A meeting representing 12,000 rail■T-' and tramway employees have de■£cd to enforce the double pay dur■'Jthe Prince’s visit.