1920-05-03 — Page 11

China Mail 德臣西報 中國郵報 All

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TO-DAY'S CABLES.

'Renter's Service to the China Maili

FRENCH RAILWAY STRIKE.

Pais, April 30th. The Railway Confederation has ordere - railway strike to begin on May 1st, resuming only upon the order of the Con- Laderation.

Furthermore, the General Confederation of Labour has announced its general sup. per to the railway strike and points out that the strike does not relate to increases of par, but aims at securing the Union's right organise and to the nationaliss tion of railway transport, the reduction of the cost of living, and the avoidance

Į the faming threatening the renatry. The Federation ingists upon the Govern ent's responsibilities in these matters. and declares its read dizess to make

every fort to ensure the success of the railway on's strike Copaqueatly i will decide the manner in which general labour Airces. shall co-operate. The Federation will

ure feeding the country and appeal to All for the abspite poservance of discip- The and solidarity.

BERLIN, Aprü 20th.

The Labuar organisations have decided make the strike on May 1st general for twenty-four hours and limited public ser

ices, like water and lighting, caly will be "available.

The miners warike has been averted, is the demand that State quarry workers re- cire the same pensions as minere has been conceded.

NATIONAL ECONOMY IN FRANCE.

LONDON, April 29th.

In order to Faforce national economy and improve exchange. the French Government have prohibited the importation of many luxuries, mostly anished goods, including diamonds, woven materials, fax. hemp, ramic and other vegetable matters, textiles in cotton, wool. goat's hair, and silk.

British and French, traders are very much astonis at the wholesale charactér of the list. opinion is expressed that British trud in France will be hard hit. Hany will be forced to lose down as acon 4 the present stocke ne exhausted unless the importation of many prohibited items is allowed by licence,

One of the most important points relates 30 existing contracts under which millions of pounds sterling worth of goods are being manufactured in Britain for France It appears only good already en route will be allowed to enter France.

FRENCH FINANCE.

PARIS, April 30th. The Chamber of Deputies has adopted, by 535 votes 69, the Bill creating new fiscal ret arces and providing the expendi« Sure of £300,000,000

The Finance Minister, who received an ovation, thanked the Chamber for enabl- áng him to make the greatest financial effort of modern times.

PRANCO-GERMAN TRANSACTIONS.

PARIS, April 29th.

In the Senate. M. Millerand stated that he bad accepted the cfter of the President of the German Delegation "to arrange a meeting between French and German economists with a view to a general ex- change of views in order to elucidate all questions as regards Franco-German trang- actions. The opinion is held that the meeting will yield rapid and fruitful Tesults.

RAILWAY DISASTER IN. INDIĂ.

Boмay, April 29th.

The railway accident at Moradabad, in which it is now reported 150 persons were killed, was due to na over-crowded express dashing into a goods train. The gas tuok burst, causing a fire. The killed include almost the entire company of three Hindu marriage parties...

OBITUARY.

Lesnen, April 30th. Sir Henry Burdett, E.C.B., the well. known author and statist.

THE PRINCE'S TOUR.

ROTORCA, April 29th.

The main Maori celebration in honour of the Prince of Wales took place to-day in brilian: weather. It consisted of Bare war dances and other gentler gyrationa in which a thousand Maori warriors, clad in embroidered loin cloths and bearing feather tafted spears, as well as numbers. of Maori maidens, garbed in brilliant native costume, participated.

A chief's robe of asoft Kiwi feathers was presented to the Prince of Wales, besides An address, which eloquently referred to Maori sacrifices during the war. Tho address concluded: Your brief sojourn here will soften the sorrows of thoro whose dear ones followed the setting sun, so, the Maori people will be true

#!

fatih."

The Prince's reply was tremendously applauded. He promised to follow the example of the great Queer whose heart was with the Maori from the day they swore allegiance.

The strike situation is unchanged. The whole Railway running staff is now out, Limitation of food purchases his been ordered, to prevent supplies for the 6,000 visiting Maoris and the 2,000 other visitors running out,

AUCELAND, N.Z., April 30th. The royal party with 300 men from the Henown, returned to Auckland on foar #pecial trains worked by strikers, who gave the Prines of Wales an oration. The pro- Pagocts of a settlement of the strike are

bipeful

Borous, April 19th.

Tho Premier meets the railway strikers at Wellington. Hopes of a settlement have by no means been abandoned, although the situation looks serious.

The royal party returns to-night to whence a fresh start will be made, Inahks strike situation permitting. Oo The other hand should the strike prevent parte of and the BOLI, April 30th."

journey inland. the Po

both islands will still be

Lour

curtailed

SLA

little

IZR

His Royal Highness the Prince of Wales #lil-griive in Ganbay vaDoombergotLİ: Land Plógvé. Jučia în "the first week of April.

The proposed programme has been submits: hed (for His Majesty'a approval.

RADICALS IN AMERICA.

WASHINGTON, April 30th. The Attorney-General, Mr. Palmer, an nources that plots on the lives of more than a score of Federal State ofeials havé. - been planned for May Day in accordance with the programme of the Radicals, and add that the Department of Justice is informed that the, instigators have been working in direct connection and in unison with leaders fomenting distur bance in Europe; and, like Europe, ther are endeavouring to lucite strikes in all basic American industries.

"Tens of infiatomatory literature, bas been circulated secretly and delivered in the past month,

Mr Palmer adds that the Government. has been forewarned and is forearmed.

THE ÚS. SERATES

WASHINGTON, ApriF 23th. Senátor Underwood has been elected the minority leader in the Senate, to succeed the late Senator Martin of Virginia

Senator Hitchcock'a withdrawal made the vote a mere formality.

Senator Hitchcock is however, the senior Democrüt on the Foreign Relations Committee, and will continue to lead the Democrats on all foreign matters includ ing the pending Peace resolation and any further development in the Treaty of Versailles,

GUATEMALA..

New Youx, April 28th

A telegram from San Salvader says that, according to trustworthy sources, 800 of the populace of Guatemala Cisp were killed, in the recent fighting. Num erous adherents of Estrada and Cabrera who remained faithlal to the ex-Presi dents were killed in their own houses.

MEXICO.

NEW YORK. April 28th. A telegram from Aguaprike, says that, according to the rebe! authorities in "Sonera" 30,000 troops Eave revolted against General Carranza, one-half join- ing the revolution at Sonora.

EL PASO, April 23th. -

It is reported from Juarez that the Mexican Regiment in Chikungua City has revolted. There was no fighting.

NEW YORK, April 29th. A telegram from El Paso says that fighting is proceeding in Chihuacua City between the Federals and the rebels. It is reported "that the rebels are attacking MBAtlan

WASHINGTON, April 29th.

According to official advices the Mexican rebels have occupied Port Alvarado, south cl Yers Cruz Federal troops have been despatched to re-capture it.

REDUCTION OF ARMY.

LONDON, April 30th. Bpeaking at a Scottish bangtes in Lon- don, Field-Marshal Sir W. Robertson, re- plying to the toast of "The Imperial Forces," said that the successes in the war were primarily due to the solidity of the Empire. Germany was down but not out

the nations. The Empire will be

well-advised seriously to consider whether,

the accussary economies in expenditare con- not be effected in other directions with less risk than by unduly reducing the depleted strength of the Imperial Force upon whom the welfare of the Empire depends.

AFGHANISTAN.

THE CIHN

FARLIER "TELEGRAMS.

(Bouter's Semke to the China Hall)

GABEST IN IRELAND.

Lapas, April kathaika As amissing feel has occurred the thes seisure by the Lady Volunteers, bräuntys“ Cork of six men alleged to have been con- cerned in the hole-up of apk oficials dig goths ago, when £100 was stolen, T captors offered she box officials to band arer the captires stating they have evidence- to bonvict them. The officials declined, on the ground that the Crown slope could pro- secute.

LONDON, April 30th.

MAIL.

·FARLIER - TELEGRAMS.

(Reuter's Service to the China Mail.)

THE SAN REMO CONFERENCE.

PAR13, April 29th.

A Have massage says l M. Millerand, Festerday, explained, in the Chamber of Deputies, bis success n,tir- Mr. Lloyd George at San Remo

Having recapitulated the important features of the Treaty, ba was applauded when be added:-" I do not think I am too much of an optimist when I tell you that, as a result of our deliberations, wo are now entering apana positive period of the execution of the Versailles Treaty, Furthermore, this declaration bringa farth the fact, which is not its lonat merit,

The Sinn Feiners have rounded up, the last man concerned in the bold-up of the Bank officials in November. Hand-thas the Entente among the Allies-among

ed over big portion the spoil. Tha Sin Feiner bare sentence of their capfire

to temporary deportation, 27 The managm is now in the m Cat Simm Feiner

One hundred and forty Ave Sinn Finers who are hunger striking in Belfast issued on finitum to the Governo the gaut-for antional release

were taken away. The road's surrounding this junction are strongly guarded. This is the third time a train has been robbed..

LONDON, April 30th

In consequenes of the repented Sinn Foln demonstrations at Warmwood Scrubbs Prisca leading to stone-throwing and as sauts by hostile crowds the Mounted Police had to intervene last night. They cleared the Common and escorted the demonstra tor to safely.

WORLD'S MOTORING RECORDS.

DAYTONA (Floride), April 28th. Tony Milton has created fresh world's records for the mile and two miles-23mins Teece and semina. 24secs, respectively.

GERMAN SHIPS' SURRENDER."

BERLIN, April 30th. Replying to the German Note of April 14th, the Reparation Commission Kas pointed out that Germany, although three months have passed since the Peace Treaty came into force in Germany, has not de livered a single vessel. The Commission declines to consider any further proposal until a satisfactory quantity of tonnage is actually surrendered and recalls that charter money is payable while the ships are andelivered.

The German Government has replied that preparations for surrenders are en- countering the greatest difficulties, but a large number of abips are ready to sail, and hopes to effect delivery within a fe

days.

The German Government adds that good. will is not lacking on Germany's part, bus the German nation demands not to be com pletely ruined economically by the de privation of its last ships.

GERMAN SENSATION.

BERLIN, April 30th. The cowspapers report the discovery ab Rugged of further arms, compriamg 1 machine guns, 1000 carbines and quai tity of marefletThe commander of flig local Landachuet has been arrested,

GERMANY AND THE TREATY.

BERLIN, April 29th.34 The Allied invitation to send an envoi to a meeting of the Supreme Council at Spa has been presented to Herr Mueller by the Italian Charge d'Affaires.

BERLIN, April 1st. The Ministry of Defence has issued statement regarding German war stores. It says that 478 heavy and 430 light are at present in Koenigsberg The Entente has been offered 12,000 light guns 2,500 heavy guns, 3,000 minethrowers 21,000 machine guns, 377,000 thousand rifles, 18,800,000 rounds of artillery am.

available00,000 cartridges and all the

munition, SIMLA, April 28th. It is officially stated that a force of 300 Afghans, including regulars, captured a village within the Chitral boundary. The discussion proceeding at Musacores between the British and the Afghans has been ans pended; pencing an explanation.

DUTCH STRIKE OYER.

LONDON, April 30th. Owing to the striking dockers in Hol land reaming work, the British Trans- port Workers Federataion has raised the disabarg-

sympathetic, embargo on lading ned ing, manning and bankering and Dutch-bound ships in Britain.

AMSTERDAM, April 9th. After a ten weeks' strike, the Amsterdam and Rotterdam dockers have resumed.

A PURITY CAMPAIN.

LONDON, April 20th The Anglican Convocation has passed a resolution denouncing official toloration of disorderly houses, and urging that such places be put out of bounds wherever British troops are stationed.

The morer, Dean Lincoln, asserted that the official. promise patting auch houses *out of bounds had not been kept. Some had been started recently in India, Gibraltar, Burma, the Straits Bettlement, the Malay States and Hongkong. He paid a tribute. to General Plumer's efforts, ending the scandal of traffic among women in India.

ONE THOUSAND GUINEAS.

LONDON, April 30th. The following is the result of the one. thousand gaines:-

JJ

Cinna Ciserole Valescure

4

Twenty-one ran. Won by three lengths, a length between second and third.

Betting: 4 to 1 Cinna, 100 to 8 Cicerole, 95 to Valcacure.

AMERICAN RAILWAYS...

WASHINGTON, April 28th.. The Senate has posted a Bill appro priating $300,000,000 to meet the deficiency caused by the Government operation of the Railwaya.

PRINCE' PALATINES

NEW YORK, April 28to.. T-10ported that a representative of the O. C. Clelland racing stables he purchas ed. Prince Palatine, the well known British sire, for $250,000.

namely, 60 aeroplanes

The strength of the Army on April 6th was 11,500 officers and 290,000 mẹn.

The Naval conditions have been ful filled. The Entente have not complained in that respect.

JERUSALEM DISTURBANCE,

CAIRO, April 30th. The sentence on the Jewish leader Jabotinsky in connection with the recent disturbances in Jerusalem has been re- duced from fifteen years with hard labour to twelve months simple Imprisonment.

MASTER BURGLAR OF CHICAGO,

The Times correspondent at New York says that the career of Jommy Harrigan, otherwise "Silk Mask Jim," the master burgar of Chicago, has coms to a dramatic end. He was arrested by the Police, bas escaped, and kept up a running are with is pursuers until he fell dead riddled with bullets.

Harrigan was the head of a Birglar Trust which operated on a gigantic scale. He rented a large warehouse for the storage of loot, employed a staff of ex women, and planned

perta, mounting to hundreds of thom.

robberica sands of pounds sterling Ee earned his nickname owing to wearing a blue silk mask

UNITED STATES NAVY.

WASHINGTON, April 29th, The Naval Appropriations Bill, provid- ing for an expenditure of 8463,000,000, was passed by the Senate. It will come bafare & conference of both Houses for an adjustment of the $40,000,000 increase" voted by the Eouse of Representatives.

PROHIBITION IN AMERICA.

BOATON, April 2948. "The Legislature has pamed the Walker. Bill, permitting the brewing of beer con- taining 9.76 per cent of alcohol-

AMERICA'S FOREIGN TRADE.

ATLANTID CITY, April 29th. The Dankers Asociation has passed resolution approving the proposals of the Government in regard to assistance and the formation of a Corporation for the purpose of financing fofeign trade

BIR JOHN JORDAN FHANKED

tv

LONDON, April Path.. The Times understand that Lord Curzon has written to Bir John Jordan Tory warmly appreciating his services.

all the Allies—is "stronger; closer and mere active than ever.

34. Millerand laid special stress upon- the fact that his Allied confreres have

deemed it of the utmost importance to present a united

front to Germans,

The Chamber gare the Premier an OFG- -tien when he said that:—“At the Con- ference certain idea and certain beliefs were brought to light, to which I have replied, and will now again reply, in a word. It appears that certain minds had become DG53 over. the underlying thoughts which might be actuating the motives of the French people, Parliament, and Government. I have answered that the French people, Parliament, and Gov- ernment will be unanimous in branding, not caly as a crime but as nonsense, any dream of a new annexation of German territory. Nope of the Allies can now adopt an isolated policy, Italy, Belgium and Japan have subscribed to an agreement reached between Mr. Lloyd George and myself, and do not anticipate for one minute any cecasion arising on which there is likely to be a divergence of views. Germany will realise this also, and that knowledge should prove a strong mora! force strengthening the German Govern- meat against those elements which tend to arouse internal dificulties."

PARIS, April 29th.

In the Chamber, M. Millerand declared that the Frankfort and Darmstadt terri-

would be evacuated as soon as the Alles ascertained that the excess German fortes in the neutral zone bag-been with- drawn.

armed forces there must be reduced to He said that the whole, of Germany's

10,000 by June 10th., and by July 10th. als the troops must be withdrawn and replaced by 10,000 Police.

Ha reaffirmed that it was a stupid crime To believe that France desired to annex ang German territory. Furthermore, at the end of the San Remo Conference, the Allics were more united than ever.

FALL OF BAKU GOVERNMENT..

LONDON, April 30th.

A Moscow wireless states that the work- ers in Baku have overthrown the Govern ment, and the Communist Government Pestablished proposes a military alliance

with the Sovicta.

FIGHTING THE BOLSHEVIKS....

On the Crimean front, after six daya'

CONSTANTINOPLE, April 29th..

Acting, General. Wrangel severely defeat ed the Reds ad captured air guns and a number of prisoners. He believes it in new possible to advance northwards from the Criman.

BERLIN, April 9th. The Poles have proclaimed their inton tion to remain in the Ukraina patil the foreign oppressors are expelled and a re gular Ukranian Government is established. General Petlara is recognised as the Chief of the Ukranian Republic.

BOOKS ON CHINA AT GAMBRIDGE.

LONDON, April 28th. Cambridge University's priceless collec tion of books on China has been valuably augmented by a bequest of the late Mr. H. R. Kinnear, ex-Chairman of the Municipal Council of Shanghai, of over .400 volumes.

BILYER MARKET.

LONDON, April 30th. Memre. Montagu's report on the silver market of April 29th says:-The fall of price is due to a sudden cessation of Indian inquiry, apparently owing to the exchange position in China. The United States is said to be overstocked with Eastern come modities, and unsatisfactory conditions in Japan are considered to be against pur"" chases from China and India. As far as can be seen Indie is the only possible absor be of silver, and Europe will continue to have more sellers than buyers. Possibly the United States' quotation will fall to a dolis an ounce when the United Btates mint must purchase silver to to place 500,000,000 ounces sold to the East. This will substantially support the mar

for five years.

US. AND GERMANY.

WASHINGTON, April 20. In the Foreign Relations Commitee of the Senate, Senator Knox intro- dited a substitute for the resolution adopted by the House of Representa- tives declaring a state of war against Germany and the resolution was briefly discussed. There are indica- tions of opposition from the De-. nocrats, The resolution likewise provides for the establishment of peace with Austria.

THE ANTI-TRUST LAW."

WASHINGTON, April 29.

The Government has asked the Supreme Court to grant a re-hearing: of the suit for the dissolution of the steel corporation Counsel for the Government argued that the opinion of the court that the steel corporation is a legal combination under the And- Trust Acts appears to conflict with conclusions expressed in other deci sioris. It is submired that in viewe of the possible effect of the decision ..

on ether pending, and trust suite it is. clearly, the duty of the Government/ to seek a to-hearing of the maes

EARLIER TELEGRAMS.

MONDAY, MAY 8, 1920.

PARALYSIS OF TRADE.

(Reuter's Service to the China Mail.). TROUBLÊ AMONG MINEWORKERS.

NEW YORK. April 29.

A committee of anthracite mine workers has rejected the mine owners" affer of fifteen per cent. increase in wages. The owners refuse to ex- clude non-union labour or grant an eight hour day.

GERMAN TRADE IN U.S.A.

WASHINGTON, April 29. The Senate by 39 votes to 33 de- feated a Bill compelling traders in German merchandise to display the bill; "Dealer in German goods.”

WIRELESS.

ITS PRESENT ATATË AND *FUTURE POSSIBILITIES.

"MARCONI SYSTEM.

[By H: FWyatt.]

The system of wireless telegraphy. best known and most widely estab lished is the Marcon, and one has but to look at the marconi map, showing the wireless stations which the company has formed, to appres ciate the extent to which, the earth has been girdled by an agency in comparison with which the speed of a meteorite is sluggish and slow. At Poldhu in Cornwall, at Vigo and " Cadiz in Spain, at various places or Islands, on or off the west coast of Africa, or far in the Atlantic such as Casablanca, Teneriffe, Bathurst, Sierra Leone, Ascuncion, and St. Helena, the connection is maintained until Cape Town is reached.

From Durban up to Adenin Arabia many a station offers the benefits of wireless to the world's sea borne trade, while from Aden the electrons, or the waves in the ether-whichever be the mode of progression-carry the words by their invisible agency to Karachi, to Bombay, and to Colombo, whence again, the mess ages can be conveyed to the Far East or, through the Cocos Islands down to Fremantle, to Adelaide, and to Melbourne, thus welding into the wireless embrace the continent under the Southern Cross.

If we return now to England and start once more, we find the trans- ocean, service working from Carnar von-in Wales, or Clifden in Ireland, to Glace Bay in Nova Scotia, or to Boston, or (for New York) to Belmar in the United States. In North America numerous are the- centres of wireless activity and the impulses which they generate find their gaols alike in Mexico, in the West Indies, and in South America, while trans missions which bridge. the Pacific take their origin frota San Francisco and Darien, the last named being a private station.

The Marconi system is not the only one extant, but its stations have been instanced in view of their num Ber and of the fame of the Company operating them. One question is likely to arise, and that is the comm parative merit of wireless telegraphy in relation to cables. Briefly, the advantages and the disadvantages may be summed up thus: Wire less" is subject to frequent interrup tion through atmospheric conditions. A thunderstorm for instance, is a temporary impediment. Cables on the other hand are immune against any normal electrical disturbances, ́and apart from some actual break. down in their material, they are hardly able to any interruption other than that caused by a magnetic storm, an event of rare occurrence.

Again, the multiplication of wire- less stations is impeded by the clasă of wireless impulses which may thereby be caused. Yet you can have as many cables as you like: Once more, wireless can be tapped far more easily than cables which, given command of the sea, can hard. ly be interfered with during war, through land wires have no such safety,

Against this, may be set the possibility of sending all wigeleda messages in code. Yet, on the whole, undoubtedly a greater secrecy at taches to the use of cables. – As regards the number of words which can be transmitted in a given time, It may be said that at present hon ours are equal. Cable speed has been doubled by the dupler system

It might perhaps be deduced from this comparison that "wireless" has” few if any points of superiority to the older method of communication, That would be a rash assumption. But even admitting its truth, for the sake of argument, this crucial con sideration remains,that the moral of future Invention, invention which never ceases and which produces im "proved results almost every month. is in the nature of the case Hkely to effect far more for communication without-wires than for communica- tion with them. We are but begin. ning to grasp at the fringe of possibl lity, so to speak, in regard to im- Dukes sent through space, while no - great and sudden advance is to be. expected in regard to cables., Morer over wireless telephony fa fooming, like the shadow of a giant, on the berizon of the future, and great may be the change which It will bring.

“WALLA WALLAS 7 double-cross the harbour but never dochine

Phone No. 3510.

TRANSPORT BLOCKAGE

INCREASING.

Since Mr. W. Noble, the Presi dent of the Chamber of Shipping, re- cently stated ther steamers were in many cases only doing from one-half to two-thirds of dicir pre-war work in the carriage of goods, owing mainly toʻ the congestion of the ports and the complete breakdown of the land trans- -port system, - the position has become

worse..

Trade of every description is suffering from increasing paralysis: the railways, which never were in such a state of confusion eving to Government interference with their normal working and with the condi tions of labour, are choked, and at all' the principal ports hundreds of ships are held up, adding enormously to the cost of carriage of everything brought ism or sent out of this country. The carrying capacity of the whole mercan- tile marine, the tonnage being actually, larger than on the eve of the war, is Sustaining, owing to these causes, a loss in efficiency of at least 30 per cent. At the same time the wages of seamen have gone up by "200 per cent, all other running charges have gready increased; and the delays which are being experienced-sinca ships are only remunerative when at sea-sre exaggerating the burden of the

cost of living throughout the country..

The tendency, a correspondent writes, is still upwards, and this move- ment will be accelerated by the un- economic price at which coal, under Government control, is being supplied for maritime purpose. Before the war, bunkers were put on board at about 158. a ton, whereas now the price ranges up to 153s. in London, or £7 15s. When it is remembered that normally 1,000,000 tons of coal are used each month by shipping, the in- Auence of this phenomenal movement under Government control on the crdi. nary family budger will be appreciated. The price of coal used in industry is still only about 405. a mon, so that shipping is heavily-handicapped, with results which must become more ap parent every week, for the trade of the whole country is being paralysed by the chaotic condition and high cost of inland and see transport.

MANCHESTER WEEKLY "MARKET REPORT.

The Weekly Market Report of Messrs. James F. Hatton & Co., Manchester, of March 24 states:

During the past week Auctuations in cotton values have been frequent and of a "fairly wide range. This irregularity has been caused to some extent through the unsented foreign political situation and the uncertainty of the new crop outlook has also led to erratic movements in prices. New York has however been steadily bul- lish in tone owing to unfavourable weather news from the cotton growing States and the further improvement " In sterling exchange. The preliminary final report of the Census Bureau, shewing that up to the end of Febru any the total of 11,258,000 bales had beer ginned, as against 11,906,000 bales a year ago proved slightly higher than expected and a weakness ensued which was however only temporary. At Liverpool also there has been a strong undertone and the stability of values, in face of such adverse in- fluence as a lack of trade demand and the events in Germany, has been marked, prices closing higher than a week ago. In the Egyptian section there has been a considerable easing off of the demand and values have again receded. The quietness 'in 'the yarn and cloth markets has become more pronounced and the business done has been of very limited dimen- sions. Buyers shew much less con- fidence all round and the general dis position is to operate as sparingly as possible for the present. Certainly the tone is less settled and the fluctua tions in sterling exchange rates.com- tinua disturbing, and it is realised ther should the situation with regard to America continue to improve, it is but reasonable to expect cheaper".raw material at Liverpool. The weight of opinion is however Arm in the ballet that the demand for manufactured "tót-- ton goods will remain very healthy' for two years at feist and that the pre- sent Julf is but temporary and due to the uncertainty as to the future lever of values. In spite of the lack of“ business, both yan and cloth prices are well maintained, although, there may be a slightly easier. tone in the few cases where producers are not engaged very far ahead. Enquiry for India has been poor; China has dons but little, and all ourets are quieter. The sliver market has been firmer and a strong tone has developed with India and China buying, prices rising appre elably day by day.

CAUSE OF DESPONDENCY.

ESPONDENCY is often caused by: quickly disappears when Chamberinto's Tablets are taken. Tharp tablets frang then the digestion and more this howels For sale by all Chemists and Store-

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