AMERICA

Southland Times, Issue 17787, 17 July 1916, Page 5

AMERICA

IMMIGRATION RESTRICTION. ATTITUDE TOWARDS JAPANESE (By Telegraph—Press Assn. —Copyright) (Australian & N.Z. Cable Association.) WASHINGTON, July )4. The Senate debated the immigration Bill. Senator Works said that Japan must recognise the unalterable fact that unlimited immigration of Japanese to the United States cannot be permitted. The United States required separate western and eastern armies and navies. He approved of the Californian law prohibiting Japanese ownership of land. HIGH FINANCE. BIG LOAN ISSUE. (Reuter’s Telegrams.) WASHINGTON, July 14. A statement has been issued by the financial houses of Morgans and Browps regarding the French loan. An American corporation Is being formed, known as the’American Foreign Securities Company, to issue ninety-five million dollars at 5 per cent, interest, the loan to have a currency of three years, its notes being secured, oa a basis of a 20 per cent, margin, by the obligations of the Governments of Argentina, Sweden, Norway, Denmark. Switzerland, Holland, Urguay, Brazil, Egypt, Spain, , the Province of Quebec, shares in the Suez Canal Company, and the bonds and shares of American corporations. AMERICA’S SUMMER. WASHINGTON, July 14. A great heat wave is afflicting New York. There we.re eight deaths there and five at Boston, and many people are prostrated. Great crowds are camping on the beaches. Sharks are abundant at the watering-places, and four bathers at various places were devoured. It is stated that the death rate from infantile paralysis is one every hour. LOST IN A HURRICANE. NEW YORK, July HI. Received July 36, 5.5 p.m. A tug rescued 142 of the crew and marines of the naval collier. Hector, which broke in two off the Charleston lightship in a hurricane while en route to Sah Domingo. AMERICA’S NAVY. NEW YORK, July 15, Received July 15, 5.5 p.m. Rear-Admiral Peary advocates the ' building of eight thirty-five knot sixteen I inch battle cruisers for the Atlantic and a similar fleet for the Pacific.