LATEST WAR NEWS

Sun (Christchurch), Volume I, Issue 253, 28 November 1914, Page 11

LATEST WAR NEWS

THE MONEY MARKET.

BRITAIN STILL LEADS.

GERMANY'S DESPERATION.

By Cable. — Press Association- — Copyright. (Received November 28, 12.35 p.m.)

LONDON, November 27,

Mr Lloyd George said that the machinery of exchange had been reestablished. Despite the great world war we were still supreme in international trade and commerce. The British money market was better than any other in the world. Others were coming here to borrow while we were conducting a war costing four hundred or five hundred millions per year. The fact that the Stock Exchange was closed was a serious. detriment to the war loan. Had the Exchange been open, the loan would have been applied for several times over. The small investor had shown his patriotism by stepping in and thus enabled us to raise the biggest sum of money ever raised during any war, without any of the expedients to which Germany had resorted for the raising of much smaller amounts at higher interest.

PRESIDENT WILSON DISAPPROVES.

BOMBARDMENT BY AIRCRAFT.

BIGHTS OF UNFORTIFEID CITIES.

(Received November 28, 1.15 p.m.)

WASHINGTON, November 27.

President Wilson has communicated unofficially to the United. States diplomatic officials abroad his disapproval of bomb attacks from aircraft on unfortified cities. The President suggested that the officials should suggest to the belligerents how America viewed such warfare, pointing out how twenty-four hours' notice was necessary before bombardment, according to The Hague Convention, to which the principal bellige-

rents were signatories. The President acted unofficially so as not to involve the Government.

A COLLIER MINED.

A VISIT TO THE ENEMY.

(Received November 28, 2.35 p.m.) LONDON, November 27. The collier Khartoum was mined off ■Grimsby, The;crew were saved. German allege that Sir Roger V&s the Irish visitor to the

Foreign' Office. ' . The notice given in the House of Commons of a question in reference to Sir R. Casement's visit has been withdrawn, at the Government's request.

THE DOUGLAS RIOT. VERDICT OF JUSTIFIABLE HOMICIDE. (Eeceived November 28, 2.15. p.m.) LONDON, November 27. At the Douglas riot enquiry a verdict of justifiable homicide was returned. / The riot occurred through several "German prisoners of war endeavouring to escape, five being shot, by the sentries.

THE BULWARK ENQUIRY.

THEORY OF ACCIDENT. The Bulwark enquiry has opened. The Officials state that the public may confidently accept a theory of accident. "HEALTHY AND SATISFACTORY." ECONOMIC PRESSURE ON GERMANY. BRITAIN'S NAVAL REINFORCEMENTS. (Received November 28, 2.15 p.m.) LONDON, November 27. The Hon. Mr Churchill, in the Commons, stated that the economic pressure on Germany continued to develop in a healthy and satisfactory manner. The maximum reinforcements Germany could receive up to the end of 19.15 were three -ships against the British increase of 15. Britain could afford to lose one super-Dreadnought every month for a year without 'the enemy losing a ship, and yet be superior a position as at the outbreak of war in Jul}'.

A GRACEFUL ACKNOWLEDGMENT.

COLONIES' GENEROUS GITTS.

NOTE FROM SECRETARY OF STATE

Press Association.

"WELLINGTON, November' 28

The following cable message has been received by his Excellency the Governor from the Secretary of State for the Colonies: —

."I am about to lay before Parliament further correspondence concerning the munificent gifts which have so. far been offered from the various parts of the Empire, and before doing so I desire/on behalf of his Majesty's Government, again to express their deep gratitude to all who have so generously and in such diverse ways, both publicly and privately, coiil/ibuted to the requirements of his Majesty's Government and their All'os for the purposes

of alleviating the distress caused by the war, and bringing ft to a successful issue.—Harcourt.''

CHRISTMAS CHEER.

FOR THE MEN AT SAMOA.

GIFTS FROM FRIENDS IN WELLINGTON.

Press Association.

WELLINGTON, November 28

Christmas cheer for the New Zealand garrison at Samoa, in the form of cases containing all sorts of luxuries and comforts, have been sent by rail to Auckland for shipment by the Navua. The total consignment represented 108 cases, all of which were filled ; with every conceivable kind of dainty, from the 501b cake to the lib plum pudding. The goods represented the goodwill and generosity of relatives and friends in Wellington.