NOVEMBER

1988.

Italy's New Economic Plan Outlined

By Mussolini

Rome, Nov. 2.

Italy's economie plans to be realized) within the immediate future were laid down by Signor Mussolini to- night when he spoke at the annunt meeting of the Supreme Council for National Economics Self-Support. The programme consists of five points.

(3) For the realization of econo- mie self-support the Italian home- land and the Italian Empire must constitute an inseparable unit.

(2) The suppiles of meat and fats! are still insuficient. A widespread regulation system is to be completed within the next five years and the development of olive-growing both in the Italian homeland and the Em- pire' will solve the problem of these iwo shortcomings.

(3) In regard to ruw material supplies for industries, there are dis- tricts which self-support hus been provided by nature, others where can be increased to 50 per cent., and] finally those districts where such a actf-support is more or less 11- attainable. In this latter case resort ust be made to voluntary restric- Hons, and substitutes provided by the science.

(4) The battle for economic self- support will be fought with unshak- able energy. All open or camouflaged resistance. will be crushed. In Fascist States the economie system serves politics and not vice-versa.

(I consider the Supreme Coun- cil for National Economic Self- Support the most important one which will be made up by men who unswervingly believe in our Anal victory and who will go to the ex- treme to gain this end.

Mussolini's statement was received with thunderous applause.-Trans- Occan.

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Great crowds of sympathisera gathered to watch the funeral procession recently of eleven of the twelve victims of the Edmonton air disaster. Here is the head of the cortege entering the Edrianton Parish Church, where a servico was held. It will be recalled that a full report of the tragedy appeared in itrese columns recently.

The Chinese in Hongkong celebrafod "Chung Tang" (ancestor worship) on Monday by walking to the highest point on the Peak. This special type of amoestral warship is always held on the 9th day of the 9th moon-Staf Photographer.

UNSHAVEN AND UNKEMPT, these Japanese soldiers were the vanguard who entered Tamshui, midway between Bins Bay and the Canton-Kowloon Railway. Tamshul's ruins are shown in part in the background.—Copyright.

Australia Makes

Bid For Power

MILLIONS FOR NEW DEFENCES

CANBERRA, Nov. 3.

THE GREATEST ARMAMENTS expenditure ever faced by the Commonwealth Government will be called for as a result of the latest decision of the Defence Council to speed Australian defence measures.

Register.

National

It has been decided to in the House of Lords to-day in the course of which a number of Peers immediately order fifty urged the establishment of the Lockheed bombers and purMinistry of Supply and a suit planes from the United

Some of the speakers зусте In States at a cost of favour of making home defence ser- £1,250,000.

vice compulsory, and some favoured voluntary service. In addition, the

Common- Lord Stanhope, replying for wealth has decided to push en- Government, spoke of the big increase quiries in London for the pur-in the recent out-put of guns and chase of a capital ship at an searchlights, and said that the latter estimated cost of £15,000,000. The Permanent Australian military forces are to be doubled, and Port Darwin to be converted into a gar- risoned fortress.

The order for American planes is In addition to the recent order placed In Great Britain for twenty-five Ari- tish planes. The American order is

being included in the British Govern- ment's order for 200 Lockheeds in order to speed delivery.

were of

a

the

nero- per-

how

Rome

higher quality than those of any other nation. Seventy per Cent. of the anti-aircraft guns were now ready for aetion. The planes had given a very the formance indeed, and

those coming into production and still more of those which would shortly other nations would wish to have. into production, were such as many Lord Stanhope proceeded to argue a case against a Ministry for Supply and compulsory National Register. The decision to purchase a caple mentioned that the Government tal ship will give the British Em hind now practically completed the pire its first capital ship in the nu Pacific Ocean since the Great War list of reserved occupations, where when the Australian battle cruiser people would be asked to carry on! with their jobs and not to volunteer HI.M.A.8. Australia, was in com- for any other war job. He cm-

phasised that the Government Delivery of a major portion of the ever

every intention of taking advantage order of Lockheed planes will be of the public spirit displayed, and he effected before the end of 1938.

prophesied that progress in regard to BRITAIN'S DEFENCES BOOSTED Air Raid Precautions etc., under Sir John Anderson would be very rapid. London, Nov. 2. He said that the Cabinet was daily Lord Strabolgi's motion for an Inquiring about defences, and that an Independent Inquiry into national de- Independent inquiry would delay fences was withdrawn after a debate work-Reuter.

mission.

had

NO POLISH-GERMAN

SETTLEMENT YET

Berlin, Nov. 2. Negotiations between the German und Polish governments regarding the deportation ot Poilsh subjecla from Germany will be continued 10- morrow, it was learned here to-day. The conversations consisted only of an exchange of views regarding the viewpoints of the two governments. -Reuter.

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Investment Bankers and Brokers

Members of New York Cotton Exchange

Chicago Board of Trade

Winnipeg Grain Exchango

Commodity Exchange, Inc., New York

Canadian Commodity Exchange, Inc., Montroal

Now York Coffea and Sugar Exchango

Manila Stock Exchanga

Hongkong Sharobrokers Association

Shanghai Stock Exchange.

SHANGHAI, HONGKONG, MANILA AND SINGAPORE Cable Address: Swanstock

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