Evening star., 1926-06-13

news of the world for the
| seven days ended June ~
The British Empire.-A long confer
! ence on Tuesday between representa-
| tiyes of the coal mine owners and the
miners seems to have accomplished
! nothing whatever toward a settle
| ment. A..
Owing to shortage of coal and the
| weakness of the yarn market, tine
Lancashire cotton mills are TO smut
down on alternate weeks
/ The total number of registered un
emnloyed in Great Britain on May ]
(exclusive of miners) was about l,lO7'
600. the number on May 81 was about
| .614 900. The total number unem
ployed today. including miners, Is
about 100000.
| At Coyent Garden on Tuesday night
Nellie Melba bade farewell to opera
| She sang parts of La Boheme,
| "Romeo and Juliet" and "Othello.
The ovation was almost unparalleled
hut not undeserved by one whose
| voice was as beautiful a thing as her
age could boast. The Incompatible
diva was summoned to the royal oox
where the King and Queen congratu
lated her and presented her with
bouquet.
The Union of South Africa is going
, in stronger than ever for protection
The budget balances at about t2f,ooo''
900. -.
The Australian commonwealth mas
inst celebrated it's twenty-fifth ami
yersary. Next year the common
wealth Parliament will take up Its
ouarters at Canberra, the new capl-
tai.
Within the quarter century the pop.
ulation Of Australia. has increased
from 100000 to 100000, and Its
overseas trade has trebled.
Viscount Willingdon of Ration is to
succeed Baron Byng of Vimy as Gov
ernor General of Canada.
Erance.-The franc, which rose to
the equivalent of 3.35 cents toward
the end of May through government
| intervention, fell to about 2.98 a week
or so ago when that intervention was
withdrawn. but it has since remained
fairly steady at about cents. 1t Is
understood that about half the pro
ceeds Of the Morgan loan (approxl
| mately $S5, 5,O00,000) was used In the
Intervention. There was talk OF using
| on the exchange markets for the pro
| lection of the franc what might be
necessary of the gold reserve Of the
Rank Of France Isl, 900, the
biggest gold reserve held by any
single banking institution in the
| world and amounting to more than
| IN ner cent of the inflated paper cur
| rencv). but the authorities of the bank
| fiercely opposed such use, and 1t was
decided to hold that reserve intact
against "the final phase of stabiliza'
committee of ministers. in consid
ering a program "in defense of the
franc" which. according to rather
vague intimations, may include more
or less Of the following:
"a France to draw supplies more
largely than hitherto from Germany
hv way of payments in kind under
the Dawes plan, thus avoiding New
York and London exchange;
(B) Importations to be limited to
absolute necessities and speculation in
that kind stopped;
IC) Curb on expectation Of food
lstuffs and restrictions on consumption
resembling those of war time, involv
ing government control Of prices and
prevention Of acquisition of reserve
food stocks.
AS to what may come of such pro
nosals. it is decidedly Ito see."
THE government has announced the
intention lit can be done, understand
by decree) of removing the restrictions
on export of capital, which have had
an effect precisely opposite to that
proposed. 1t would fain lure back ex