HONGKONG TELEGRAPH.
EXTRA..
SATURDAY, SEPTEMBER 18, 1928.
REUTER'S TELEGRAMS.
THE COAL DISPUTE.
GOVERNMENT' POSITION UNASSAILABLE.
London, September 17.
The general opinion on the coal crisis is that the Government's position is unassailable on the ground of common interest and national interest. Sir Robert Horne's conciliatory and generous handling of the situation in widely eulogised.
One of the most remarkaðs points brought out at the Conference was Mr. Braos's declaration as regards the crucial question of output, when he offered the whole resources of the Miners' Federa- tion to discover the cause of and remedy for the falling outpat. This is the first ccension on which the miners have committed themselves to a promise as regards increased output,
THE MAIN POINT.
London, September 17. Although yesterday's adjournment left the coal situation in a highly contentious stats, it is generally opined that the relegation of the miners' demand for a reduction in the price of coal to the background leaves nothing insuperable in the way of a reasonable settlement. The main point of contention now is the miners' insist- ence upon a 27- increase in wages without investigation, regarding which Sir Robert Horne points out that be is not in the position of a private owner but is trustee for the public and consequently can only recommend an increase if inquiry justifies it.
THE NEW YORK EXPLOSION,
CAUSED BY A BOMB.
London, September 17.
The Police last evening reported that they had found evidence that the explosion was caused by a huge bomb loaded with T.N.T. and reinforced with iron alugs fashioned from window weight bars.
The disaster panic-struck the antire New York financial district. It occurred during the luncheon hour, when Wall Street was thronged. A tremendous hole in the middle of Wall Street marks the spot where the explosion occurred. Eye-witnesses in the immediate vicinity were either killed or seriously injured; hence the mystery surrounding the disaster. Morgan's offices were completely wrecked. The number of injured is 500, according to the latest estimate.
THE IRISH ATROCITIES.
U.S. TRIBUNAL TO INVESTIGATE.
London, September 17.
The Daily Chronicle's New York correspondent says Mrs. McSwiney is proceeding to America and will appear with Mr. de Valors before the so-called Non-Partizan Tribunal Com- posed of a bundred representatives of Americans, which is establishing the magazine Nation to inquire into charges and atrosi- ties against one another by the British Government and Sinn Fein and which is expected to begin its sittings at Washington in October. It is stated that the Tribunal comprises Senators, members of the House of Representatives, Mayors, Judges and leaders in professional, business and labour circles.
* GOD ALMIGHTY FIRST.”
GOVERNOR COX'S CREED.
Salt Lake City, September 17.
Governor Cox, the Democratic candidate for the Presidency. in a speech, was warmly applauded when be defended the League of Nations. Governor Cox asked whether anyone knew the Republican candidate's attitude on that supject, when somebody, shouted “America first” Governor Cox ratorted ~~~ What was Germany'a war-cry? It was * Deutschland Ueber Alles', and the world rose against it and struck it down, for it was selfish and inhuman.” He added that if their slogan was to be “America first,” she must arm to teeth. Therefore his creed was "God Almighty first.” The speech was londly cheered...
CHEAPER LIVING.
BREAK IN PRICES OF CLOTHING...
London, September 17. Horrockeses, the largest manufacturers of lang cloth and flanel- ette sheetings, having announced a general reduction in prices of 5 per cent., the management has declared that this is the beginning of the long-promised break in prices of dry goods, and only a grave coal or other strike can send up prices again. The move should affect 2,000 varisties of material, including ladies' dresses and underwear and men's suitings; also the boot trade and outfitting.
Mr. Selfridge confirmed the beginning of a general break and declared that the public would have the benefit of lower wholesale prices. The general tendency for high prices to diminish would now begin.
TRADE WITH RUSSIA.
YORKSHIRE FIRMS CONCLUDE CONTRACTS.
London, September 17. Despite what is tantamount to the ejection of M. Kameneff, the trade relations are being continued by M. Krassin. He has already concluded cloth contracts with Yorkshire firms involving £2,000,000TM and delivery within three months. It is anticipated that furiber announcements as regards leather and machinery contracts will be made public at the earliest moment.
FRENCH PRESIDENCY.
MILLERAND FAVOURED.
Paris, September 17
Parliamentary opinion most strongly favours M. Millerand for the Presidency. Every effort will be made to induce him to with- draw his refusal to stand. His oandidature is expected to receive the almost unanimous support of Congress.
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