The Archive · 1932

Life of Capital Ships

London, May 31.

The Naval Commission appointed by the Disarmament Conference today accepted the British proposal to extend the age limit of capital ships in future from 20 to 26 years, "The life of aircraft carriers was ixed at 20 years and of sulumarines Reuter. Haniesers cre 13 years—Wireless through Tt, is pros the 'Treasury the graduation of the incor 2,000,000 more persons cable' to a tax in the present financial years. HIM. Financial Secretary to the Treasury who made this statement the House of Commons according to their provisional esti mates, the number now actually pay-jing taxes is between 4,000,000 and 4,250,000 persons.

An agreement regulating aerial trate between Germany and the United States was concluded on May 31 at the Berlin Foreign Office, The agreement provides for the unrestricted ace gas of non-military aeroplanes of the two countries to each other's territory which may be flown Jover in any direction and at any time without previous notice. Furthermore, the two. countries ko to' recognise each other's!

is for the airworthiness tolgeneral safety of commercial raft of all descriptions.

Russian factory under \dministration has now ment, according to ment made to-day by the Allmaenna. Svenska Elektniska A.B. that it had disposed of its plants in Yarsolay to. the Russian' Government. The price for the factory, which manufactured. electrical apparat {e. G$7,100,000 and was paid in Russian' treasury bonds, bearing 8 per cent. interest Intervals of two The concession the factory was obtained in 1927, since when jdends had regularly been p

Text read from the printed page and cleaned; old type leaves the occasional error.

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