NOTES FROM LONDON.

Taranaki Herald, Volume LXIII, Issue 144713, 23 June 1915, Page 3

NOTES FROM LONDON.

ZEPPELINS BOUND FOE ENGLAND, UT-J3a«EEIO-TEIJtGEirH.—COPXKIGB.T. (Received" Jon- 23, 9.30 a.m.) AMSTERDAM, June 22. Two- ■ Zeppelins, and a number of (Taubes were sighted flying towards England. , IFiGERMANY WINS. MR, KIPLING’S FORECAST. OF THE-FATE-OF BRITAIN. (Received-Jnne 23, 8.10 a.m.) LONDON, Juno 22. Mr. Budyard Kipling, at a recruiting meeting at Southport, drew a vivid picture of Britain’s fate if she fails to achieve victory. The world would be divided in twcr.sections, one human beings and tho other Germans. 'Whatever horrors had been dealt out in Belgium and Roland, Britain’s fate would be ten-fold worse. There were specialreasons in the German mind why wo should be morally and mentally shamed and dishonoured beyond any other people. If Germany was victorious every xpfinement of outrage within the compass of the German imagination would he inflicted. The alternative to victory is robbery, rape of onr women, and starvation as a prelude to slavery. The present conflict is a war to the dcatH against the power of darkness with whom peace, except on our own terms, would be more horrible than any war, Germany had already suffered three million casualties and could suffer another" 'three million for tho dominion, of the world. “It seems to me,” said Mr. Kipling, “that Germany must either wm or bleed to death,,,almost where her lines run to-day. Therefore we and our allies must continue to pass our children through the-firo until the Moloch perishes.’’ ’ APPEAL BY BEN TILLETT. (Received June 23, 8.55 a.m.) LONDON, Juno 22. . After seeing President Poincare, Sir John French, and other Generals and visiting the trenches, Ben Tillett made a stirring appeal at tho Palladium Music Hall. tor more men and ammunition. SPY’S APPEAL DISMISSED. (Received June 23, 8.10 a.m.) ' LONDON, Juno 22. The appeal of the spy Muller was heard in camera'and dismissed. DISCOUNTING TREASURY BILLS. (Received June 23, 12.30 p.m.) LONDON, Juno 22. Mr. M'Kenna, in tho House of Commons, said tho Bank of England was prepared to rediscount Treasury Bills to enable the holders to subscribe to the now loan. AN AIRMAN’S FUNERAL. GREAT POPULAR SYMPATHY. (deceived June 23, 12.30 p.m.) LONDON, June 22. Twelve thousand assembled at Crompton Cemetery and the streets were thronged for Warneford's funeral. ■VII branches of the figuring services ■re represented. A wreath was sent from the Government and people of Now South Wales.

MORE BRITISH CASUALTIES

CANADIANS SUFFER HEAVILY, (Received Juno 23, 8.10 a.m.) LONDON, June 22. The casualties published to-day are 3492, including 1373 Canadians. Captain Jack Graham, five times in the final of the amateur golf championship, has been killed in Belgium. Earl -Meath’s youngest son.. Captain Ernest Brabazon, of tho Grenadier Guards, has been killed in France. Three other of tho Earl’s sons are in the army.

(Received June 23, 8.55 a.m.) LONDON, June 22.. Tho Government is bringing in a Bill to secure the maintenance of cient cattle, sheep and wine. It empowers the Board of Agriculture to restrict the slaughter of cows in calf and young animals. LONDON MUNITIONS COMMITTEE. (Received Juno 23, 8.10 a.m.) LONDON, June 22. Mr. Lloyd George has approved the formation of a Metropolitan Munitions Committee, Including the presidents of the Institutions of Mechanical and Electrical Engineers, to organise London’s manufacture of war munitions. NEW BRITISH LOAN. A RUSH FOB THE PROSPECTUS. LONDON, June 22. Mr. M’Kenna said the strongest criticisms of the loan were that tho terms were too generous. Tho Government wanted to raise money, but did not want people to say they would wait for bettor terms later. In reference to the suggestion that he ought to raiso taxation, Sir. M'Kcnna declared it was best to take one step at a, time. If further large sums were inquired there must bo further taxation, but tho time was not yet. Ho then moved to amend the resolution in - the direction of giving him power to cancel Treasury Bills now issued. Tho resolution and amendment wore adopted. Directly Mr. M’Kcnna concluded his speech enormous queues of city men commenced to assemble at tho Bank of England to await tho prospectus. The general opinion is that the investment is tho most attractive one of modem times, and particular approval is given to the facilities offered to small subscribers. _ i A dozen vans carried consignments of the prospectus to tho railway termini for distribution in tho provinces. PROSPECTUS OF NEW LOAN. 600 MILLIONS NEW MONEY ' , EXPECTED. (Received Juno 23, 9.30 a.m.) LONDON, Juno 22. Tho loan prospectus shows plainly that only holders of tho now war loan have the option of converting tho old loan, or Consols. Tho Treasury points out that the loan embodies the war loan and great funding operations. It is estimated that 350 millions of Consols are in the hands - of the public and it is expected that holders of 250 millions will convert, which will mean a subscription of 330 millions. Similarly it is expected that 200 mllions of the old war loan will bo converted. This will carry a subscription of 210 millions. Neither war stock nor Consols can be converted unless the holder is prepared to subscribe an equivalent market value of the new stock. The official expectation is that Consols will probably drop to 57 or 53 in October. The gain to the State will be the wiping out of a third of the earlier capital indebtedness if all the Consols are converted. Though tho amount of tho loan is not stated, it is not unlimited, as the House of Commons’ resolution confines it to the supply yotod-ior the present year ; that

is between nine hundred and a thousand millions. Air. M'Konna stated that tho Government will not be disappointed if it gets 600 millions of now money. The Times fears that, in view of the now basis of credit established, some severe readjustments will have to bo made in the value of certain colonial Government and high-class corporation issues. GREAT FINANCIAL EFFORT. ALL WANTED TO HELP. (Received June 23, S.o a.m.) LONDON. June 22. Air. Al'Komia said that the Government thought it prudent not to lix the amount of Uio loan. He reminded people that every effort made was not only necessary to carry on tho war, hut would boar fruit in enabling Britain to maintain her financial .pre-eminence when the war was over. However long tho war lasted there was a future, and they did not want to see it crippled by neglect of prudence and economy. Ho who subscribed now would bo (bang an act of mercy and benefit himself and the country more than lie who saved to subscribe when better able to boar the strain after the war. (Cheers?) If Consohs were ail converted that would mean an application for at least, four hundred millions of the new loan. Tho methods of issue had been arranged t.o meet every class and every purse. He hoped nil would curtail their customary expenditure to subscribe to the loan. Air. Asquith announced that a Bill to postpone t)ie eSeciions for a year would bo introduced forthwith. CONFERENCE OF RAILWAY-MEN. LONDON, Juno 21. _ Tho National Union of Railwayman's Conference, representing 302,000 men, lias opened at Nottingham. Air. Bellamy, tho president, stated the war could, only ho won by the workers and the workshops of the country. Investigations have revealed that during tho war Britain must be largely self-supporting in meat for civilian consumption. Householders will have to be satisfied with three-fifths of tho normal quantity. An experiment in open-air treatment of wounds at Cambridge proved that the greatest success was obtained with wards wide open to tho winds and sun. It is recognised that it is not tho wounds but the germs entering them which kill. Ton thousand nino hundred and forty-four patients were treated suffering from septic wounds, tetanus, pneumonia, and typhoid from Flanders, and there were only eightyfive deaths.

SWEDEN CHECKING EXPORTS. (Received Juno 23, 12.30 p.m.) STOCKHOLM, Juno 22. Tho Government has prohibited the exportation of waste cotton and various potassium salts.