GENERAL CABLES

Gisborne Times, Volume LXV, Issue 10230, 8 January 1927, Page 7

GENERAL CABLES

AMERICAN AIR FORCE ECONOMY.

WASHINGTON. Jan. 6.

The Assistant Secretary of War, -Mr. Davison, who is in charge of aviation, told the House Military Committee that the Air appropriations had been so cut in the Budget that it would lie impossible to carry out 1 the first year’s operations of the five-year building programme. The Air Force would be unable to purchase the 65 bombing and 25 attacking planes, thereby provided.

CLOUDBURST FLOODS TOWN

SYDNEY, Jan. 7

A cloudburst at Young flooded a large portion of the business section of the town. The flood, the worst in many years, caused extensive damage to the town and district.

SYDNEY MINT GOES OUT OF EXISTENCE.

SYDXEP, .Jan. 7

After being in operation for 72 years, the Sydney Mini finally officially went out of existence with the close of 1926. During that period it issued coins to the value of over £144,923,000.

FRANCE TO PARTICIPATE IN BEETHOVEN CENTEXARI.

PARIS. Jan. 7

Cabinet has decided that France shall participate in the Beethoven Centenarv celebration in March.

CARIXTHIA TOURISTS OVERRUN SYDNEY.

SYDNEY.. Jail. 7. Sydney to-day is over-run by American millionaires and tourists, three hundred arriving in the Carinthia on a flying visit, being part of the world tour the ship is making. Some shops seized the opportunity to mark their goods in dollars and cents.

NEWSPAPER TAX CASE- REFERRED TO FULL COURT.

(Received Jan. 7. 9.1-3 n.mJ SYDNEY. Jan. 7

In the High Court the Chief Justice referred the application by the newspapers for an interim injunction against Mr Lang's newspaper tax to the Full Court at Melbourne on February 21. He decided that as this was a Finance Act it was not a matter for a single judge to deal with.

MR BRUCE IMPRESSED WITH CANADIAN METHODS.

(Received Jan. i. 10.40 p.inA OTTAWA. Jan. 7

According to a statement by Mr Bruce at Toronto the public ownership methods of Ontario in the development of nower will be apolied to Australian problems of a similar nature upon his return home. Tins is the result of his visit to the Niagara Falls plants or the Ontario Hydroelectric Power Commission.

INTERNATIONAL DEBT PROBLEM (Received Jon. <. 8.3-3 n.ni.) LONDON, Jan. -. M. Caillaux. in an article in the Daily Chronicle, says he believes "that international debts will some dav be wiped off the slate. The transfer of wealth from one nation to another is the cause of complex problems that can only end in the creation of a situation as disadvautagcous.to creditors as to debtors.”

ELECTRICAL PROSPECTING IN AUSTRALIA.

(Received Jan. 7. 8.35 p.m.) LONDON, Jan. 7. Jt is understood the Commonwealth is giving £23.000 for electrical prospecting for oils and metals.

MISSING FRENCH PREMIER DISCOVERED IN CANNES

(Received Jan. 7. 8-50 p. u.) _ PARIS, Jan. -

M. Briaud, whose secret departure continues to puzzle Paris, is discovered to he staying m Cannes. He declares lie needs rest, but the press insists upon attributing political motives to his movements.