entire Pe:irygrad icont, according to a Bolshevik cowaaniyue received nerve. They have already reoccupied Kransnoy- edxsele and ocuer villages. London, Oect. 29th.—Earl Beatty, the new First Sea Lord, speaking last night, declared that while public economy was essential, our vast lines of communica- - ticn were as important as before the war and the navy was oul’ assurance ior matataining them. Tne league of na- tions was a pious hope, which he hoped miziht be fiifilled but th2 navy made us into the strong man armed, without it the emp.re would rall to the ground. “Paris, Oct. 29th.—In replying to tne request that he stand as candidate tor the Chambzr of Deputies te represent lower Alsac:, Premier Ulemenceau has written a le'ter in which h= says: ‘Iam more touch>d than 1 can say, by the friondly off .r that I be the successor of M. Gambetia. 1 would accept with pride this high post ol honou., had I not been warned by 109 many signs. that the time has come for me totake the repose 1 have not konwn ‘ora long time. The agel had reachad when the vast joy of victory came and th2 staie of health which fol- lowad. oblig> me to reur. Irom political life.”’ ondon, Cect. 29th. -The German peace treaty may come into effect on the anni- versary of armistice day. It was an- nounced by the Under Secretary for Foreign tiairs in the House of Com- mons todav that the Govt. hoped the treaty woula be formally rarified on Nov. 11th and corie into effect the same day. Washington, Oect. 29th.—The moves amendment o the peace treaty, last of those proposed by the Foreign Relations Committee, vas rejected today by the Senate. l.ike the Johnson amendm-ent. defeated last Vionday,it dealt with voting power in the League of Nations. 'The vote was 36 .o 47. New York, Oct. 30th. —An indication of the effect the longshoremen’s strike has had on this port was shown in the ship- ping records of the port up to noon yes- terday disclosing that 625 vessels, of which 540 are steamships are tied unp. In steamships 53 are passenger vessels among them being some of the largest liners afloat. Many of the idle ships are costing their owners from S3OO to $1,060 a day in dock rental. London, O>t. 29th.—The Chancellor of the Exchequer speaking in the House of Commons on the financial situation on which the Govt. is asking for a vote- of confidence, said that there was every reason for caution, economy and wide husbardry of resources, bnt none for panic. Mr. Chamberlain invited the House to explore the suggestion of a levy on war profits. While there .was every reason for caution, there was no ocecasion for panic as the country’s posi- tion was soand. He hopad chat the House would not confuse nysteria with strength and announced that the position = b ola A NIS of the Govt was di-tinetly bet er than haa been anticipated in August Taxes - and revenes were coming in extra- ordinazily weli and he no longer thought that new taxation would be required rext year to balance revenue and exp:« nditure. He asserted chat no single featu e of the world situation had placed heavier bur- - dens uvon ‘Great Britain than he fiact | tiac no rreaty ol peace with l'ursey had . been signed, and no, seiilemen in the | HKast had been reached. For Inis how- ‘} sver, the Govi. was in no way lesponsi- | ble, Mr. Chamberiain continued, saying | tnat it was not wichin the power of ihe i uovt. to remedy tne Turkish s tuation. | wnaich was an inteinational affair. Ev- | erybody knew that a settiement was | long deiayea. pending a decision by { rthe United States. whether she would | ondertake her part of the white mans’ | i barden and the execuciion of the treaty | | under the League of Natious. Referring | | to the economies demanded, le said, | | that if the stuffs of all departments | ! were piaced upon the pre-war rate of | | payment 1t would effect a s .ving of on- | 1y twenty-two million pounds. Everyone |- | &knew that the reduction cculd not be | | effected. He said that a general levy | | upon capital was out of the question. | | A levy upon war profits stood upon a | | different rfooting. that the difliculties | ol undertaking such a scneme of tax- | ation were Immense and outveighed | the advantages, he anticipated that next | year alter .p:'uviding for the norinal as ! termarh of ‘'war expendit.re, therc would be a substantial balance oa the year to go towards the reduciion of tne floating debt of tne country. Li:serib- ing the British ioan in the United . States, he said, the effect would be the ~ Govt. had s=cured the conversior of an externai debt into an internal debt whicn . was tantamount to placing national war . bonds with Ameriean investors at a more 1 tavourable rate of exchange. than was | obtainable in the cpen market. There . was no finaneial crisis justifying such a . disturbing factor as the introduction of ' a second budget. The Chancellor was . opposed to a levy on capial because it ' would encourage extravaganece aad hin ' der the influx of foreign capital. If the ' House decided upen such a mea:ure. it ! need notfexpeet him, to carry it out, he | declared. He hinted at a r2vision ! of the railway rates to maie the | railways self supporting, ordinary civilian unemployment doles, would be ter- | minated. November 21st. and the bread subsidy ended at an early date, the Chancellor indicated that British troops in various parts of the world woild be reduced during the next few months by | a half million men. Drastic reduction in the navy, he estimated £16,000.000 to £21,000.000. The personnel would be reduced in December to 146,000 men. t.ondon, Oct. 29th. In the House of Commons yesterday in reply to ¢ ques- tion Mr. Cecil Harmswort. Parliamentary Sccretary of State for F:reign Affairs, stat~d that the Govt. was endovouiing to effect an exchange of Russiars for I:vitish citizens held priscners in Russia by the Soviet. A conference with repre- sentatives of the Bolshevik to this effect would be held shortly in Denmark. It was believed that 78 British officers and 17 men were being held in Russia. In an answer to another question, he stated that no reply had beenieceived 1o "the Su- preme Couneii’s note to Germany andn u- rrals requesting cooperation in the block- ade of soviet Russia. The allied naval forces had Feen instructed to turn back any ships sailing to Russian Baltic ports. These measures did not constitute a blockade in the legal sense and no com- munications other than that published nad bren made to the neutral Govts. The statement that a halt a million men women and Children were likely to perish as aresult of the blockade was without foundation. NEW YORK, Oect. 31st 1919. Mour, Blendad Clear St. Lawrence | rand pr. brl. $10.90. Meal, Wilndried per 100 tbs $3.80 New Season’s Pork per brl. $45.00 tHeavy Mess Pork per bbl. $45.00 Sugar---Crysials (Confirmed by Brokers) per 100 lbs. $7.28. Molasses 89’ test pr 1.0 Ibs. no quotation. Cotton, Middling Upiand, st f.iterpool per b, 24 23-1004. pxchange, New York and lLondon, 60 days’ sight $4.13 Exchange New York and lLondon, sight : $4.16 ILONLON, Oect. 31st 1919. Sugar-Demerara Crystals duty paid price. fixed hy the Royal Commission per ewts 575. 9d.- -87s. od. Muscovado, 897/~ basis, floating rerms in bond. Ditto duty paid. 555. 6d. 735. od. German Beet 88°/c t.o.b. no further sales during ithe war Java 96°/ Gibraltaror Channel for Orders floating terms, no quotations. Demerara Rum, per gal. nominal. Trinidad Cocoa, Good Middling ited por ewt, 1275. od. 130s. od. Cotton, Medium [ine Sea island, at .. . erpool nominal per Ib. France expected to have 150.000 ions of sugar this year, but only 135,000 me- tric tons are in sight. ‘l'here has been government control, but the reins have not been very tight since the war closed, and there is a feeling that the government must take a definite step in relieving the sugar shortage. Great Britain pever re- laxed her cortrol on sugar natters. Then the sugar manufacturers have plans under way for the reconstruction of their factories even though the crop stands at 43 now against 57 per cent the figures of last year. All sugar men are wishing the French bretheren good will in their resurrection from the dead years of the war.— Louisiana Planter.