GENERAL CABLES.

Stratford Evening Post, Volume XXXII, Issue 7, 18 December 1911, Page 7

GENERAL CABLES.

(By Electric Telegraph.—-Copyright.) (United Press Association.) London, December 15. The Insurance and Finance Bills were read a third time in the House of Lords. A lire has broken out at the Cannockchasc mine, Staffordshire, hire miners are entombed. Heroic efforts at rescue are being made. A great City meeting, at which 160 trades were represented, protested against the hate in forcing the insurance Hill, and demanded a postponement of its operation to give time to harmonise the measure with the people’s will. Tne “Shipping Gazette” protests against the naval authorities at Gibraltar ignoring the Delhi’s wireless message on tne ground that they did not take commercial messages. Tangier, Decemucr 15. The captain of tiie Delhi says she was steaming slowly, and continuously using tiie lead, wiien the vessel suddenly touched tnree times, and then remained fast. Heavy rain obscured the land. The crew all landed slowly. One hundred and sixty are still aboard .also a passenger whose left leg is broken, as it is impossible to land him by a rope. Two .British bluejackets and two of the Delhi’s Lascars were drowned while engaged in rescue work. Brussels, December 15. The Sugar Convention has agreed to a compromise, and allows Russia, when the crop is abundant and prices high to export above two hundred thousand tons. Russ'-a is permitted to export the present season’s whole surplus and a new quota will be fixed hereafter. Berlin, December 15. Herr Bebel, replying to the British Labour Party’s pacific address to the Social Democrats of the Reichstag, declares that the party will not leave a stone unturned at the election to impress on the authorities how a war between Germany and Britain would destroy the work of decades of civilising effort and peaceful competition. Delhi, December 15. The King and Queen laid the stones of the now capital .There was a brilliant assemblage. The .Maharajah of Gwalior offered a statue of King George to the new city. St. Petersburg, December 15. Owing to protests by the Powers, Russia lias dropped her claim to the twelve mile limit in the White-." Sea fisheries. The Government has decided to aid the fisheries in other ways. Perth, December 16. The Arbitration Court, in increasing the wages of timber employees, held that the cost of living had increased 8s and 3d a week in the past twelve months. Adelaide, December 16. The wrecked barque Mavgit has been sold as she stands for £ls-1. The cargo of twenty-four thousand bags of wheat, sold scpartelv, brought £57. Melbourne, December 15. Mr Fisher introduced the first Federal Loan Bill of £2,160,476, whereof it is proposed to expend £600,000 on Commonwealth offices in London, and £IOO,OOO towards the contsruction of the Port Augusta-Kalgoorlie railway, and £600,000 for the acquisition of land in the Federal territory. Ho said that though it was a Loan Bill it would not be necessary to ask for money hero or elsewhere. There were sufficient funds available under the Australian Notes Trust Fund to get the expenditure. The fund was accumulating rapidly. The amount of interest available at the end of five years would bo at least a million. The Government proposed to create a sinking of a half per cent in connection with the loan. The Loan Bill passed all its stages, and the loan is to be issued under the provisions of the Commonwealth Inscribed Stock Act. Mr Donkin, supporting, said the Bill dealt with matters that could no longer bo postponed, and marked the entrv upon a big national policy of development.