BRITISH AND FOREIGN

Timaru Herald, Volume XIIC, Issue 14056, 13 November 1909, Page 5

BRITISH AND FOREIGN

Prtss A.<**>ciation-lsy Telegraph-Copyright A BANKER'S ADVICE. LONDON, Nov. 11.

Mr Frederick Hugh Jackson, in his presidential address to tlio Institute of Bankers, emphasized the fact that the country's currency now consists of cheques. Ho was glad to think that bankers recognised that stronger reserves of gold wero desirable to protect this currency. He added that those supplying the currency should provide gold reserves.

ANTARCTIC EXPEDITION. " The Royal Geographical Society and tho Royal Society havo given £SOO and £250 respectively towards Captain Scott's expedition to tho South Pole. LENIENT PUNISHMENT. Grimshaw, a jockey, who has thrico previously been convicted, and Higgins, a butcher, were sentenced to three years' r>enal servitude and fifteen months respectively, for robbing Mr Goldschmidt, a dealer in precious stones, of £40,000 worth of jewels from tho Cafe Monico. None of the property was traced. THE PERSIAN REVOLT. TEHERAN, Nov. 11. The arrival of reinforcements reassured the Russians and other foreigners at Ardevil. PRINCE I'L'O'S DEATH. NEW YORK, Nov. 11. The "New York Herald" states that a number of Japanese attacked the Korean Military Attache during the manoeuvres at Utsumoniya, with the object of avenging Prince Ito's death.-

PRESIDENT TAI'T. President Taffc - reached Washington after a tour of 13,000 miles. MOTOR RACING. Strange, in a Fiat car, won the tellurite race at Atlanta in seven minutes two seconds. He covered one mile in 37.7 seconds. GRAVING DOCK FOR CEYLON. Walker, Sons and Company, wellknown Ceylon merchants in Basinghall Street, London, have arranged for the construction of a graving dock and workshops for the repairing of naval and other vessels at Ceylon.

THE SUEZ CANAL. PARIS, Nov. 11. The "Standard's" Paris correspondent, referring to the Such Canal hitch, says that negotiations arc now proceeding. THE EUROPEAN SITUATION. Received 10.3(1 p.m.. Nov. 12th. ST. PETERSBURG, Nov. 12. There is friction between St. Petersburg and Vienna through Baron Aereiitlial's newspapers alleging that M. Involsky had agreed beforehand to tlie annexation of Bosnia. M. Involsky repudiates the allegation aiid adds that lie is willing to publish all the correspondence affecting the European situation starting with the agreement of ]897, but perhaps it is inconvenient to the other Powers beside:; Russia.

UNLAWFUL COMBINATIONS. OTTAWA, Nov. 12. The Canadian Parliament has opened. Legislation is promised to strengthen the laws concerning combinations which unduly enhance prices.