GENERAL CABLE NEWS.

Taranaki Herald, Volume LXVIII, Issue 16869, 16 October 1920, Page 3

GENERAL CABLE NEWS.

By Telegraph—Press Assn.—Copyright. (Received Oct. 16. 1.20 p.m.) LONDON Oct. 15. General Ranpiciotti is going to Rome. After a preliminary discussion with the Italian Government ho purposes to delay further commercial investigations pending a settlement of the industrial situation.

The Busso-Finnish peace has bean signed. The Scottish Liberal Federation passed a resolution in favour of a levy on wealth in order to reduce the burden of debt.

Herr St. Hamer, who has been acting ns German Charge d’Affairs in London, has presented his credentials to the King as first German Minister. Two Russians were arrested at the Gare du Lyon (Paris) bearing false bottomed trunks with 22,000,000 roubles in bank notes,.the importation of which is illegal, because they are really worthless. The United States Secretary of the Treasury (Mr. Houston) has rejected the farmers’ demand for ay revival of the war finance corporation for the purSose of financing American farm- prone ts. Mr. Houston stated that the Treasury had no money to lend to persons wishing to hold products for higher prices. The sensational fall in all quotations for oil shares in Vienna owing to a heavy fall in Roumanian on consequent on American competition. A Mesopotamia communique states that tlie column from Nasircyeh advancing to relievo Samawah, is now 14 miles from Samawah, after fighting a strong force <Jf tribesmen. The advance in the mid-Euphrates district progresses. It is believed the worst troubles in Mesopotamia are over. The Japanese War Office announces a discovery for utilising volcanic iron oxide sand in the manufacture of steel, thus making Japan independent in the event of an emergency. PARIS, Oct. 16. • The Matin states that the chairman of the Standard Oil Company hits arrived with the intention of starting a Fiench branch. This is expected to effect a reduction in prices.