General Cables

Stratford Evening Post, Volume XXXIX, Issue 90, 21 August 1923, Page 5

General Cables

FRENCH FOREST FSRES. j Paris, August 19Forest fires destroyed the Cannes Coif Club and the racecourse buikL mgs, and railway communications were broken* Numbers of people ace missing. r;:.;:'-' - ■•;-■ ■:•' -. Refugees are pouring into Cannes. Troops continue to strenuously fight the flames, which are rapidly spreading. The roads are throaged with people pushing carts laden with their belongings. STEAMER CHANQSHA ASHORE. Sydney, August'2o. According to a wireless message received to-day, the position of the steamer Changsha,. ashor e north of Celebes Island, is more serious than was at first: anticipated. There is eight feet m No. 1 hold. The master 1 reports that he will be unable to-re-float without assistance. A relief steamer has been dispatched rrom Sandakau. All on bond are well.

LOAN FOR AUSTRALIA. London, August 20. A writing in the Westminster Gaswtle declares: "Australia's decioiou to raise £21,000,000 locaily iusu.au of in Loudon is due to Australia's eal sat.o'u that during the pabt two years heavy imports of mcnufactu.es have resulted from large sums being borrowed Lere. Australian manufacturers are up in arms about the compej tion of our goods with theirs, and they -*hava obliged their Government to reconsider its earlier) d-oisioai to frtiiee redemption money in London. In other words, Australia's dread of British imports us stronger than her desire for cheap capital. 1 commend this to the attention of thote • -who maintain that if wo further bu: den ourselves in order to g:ve preference to Australian products Australia will iiii.iea.se hei* demands for our manufactures."