All Quiet

• U There is next to no news of England this week. Snows; and thaws held the headlines together with Christmas goad cheer. A serious railway accident reported from Scotland was found not to have taken place. However, same foreign affairs happened, as follows:
The Consular Bag
11 III Mr 0. St. C. °Walley, the British MinlOtair to Spain, has come to IrondOrt to report to the Foreign Office op the mystery of the consular bag. Natiopaliet customs officers discovered that a British consular bag in the charge of Mr Harold Goodman, British Vice-Consul at San Sebastian. contained important Nationalist secrets of war. A porter at the British consulate in San Sebastian, and a Senora Bengoletehea have beau shot by the Nationalists for espionage.
Goering Will Go to Rome
• I General Goering, it is re ported, is paying a visit to Rome at the end of January. This will follow the visit of Mr Chamberlain and Lord Halifax. In Berlin it is stated that the object of the visit is to map out the future policy of the Axis in accordance with the results of the Chamberlain visit.
French Somaliland
▪ 11 A hitherto unconfirined report
states that Italian troops have taken up positions 20 miles inside the French Somaliland frontier. The French, it is stated, are sending reinforcements to Somaliland, both naval and military. The natives have staged a demonstration to demonstrate their loyalty to France and their objection to possible domination by Italy. The report of Italian troop concentration on the frontier is denied by the French authorities at Djibuti.
Ring Out the Old
▪ II A debt conversion has just been effected by M. Reynaud, French Minister of Finance. Dutch and Swiss bankers have lent him f20 million at four per cent.. enabling him to repay other foreign loans borrowed at interest rates varying between four and a half and six and a half per cent.
U.S.A. Air Reserve Scheme'
• U President Roosevelt has in
augurated a scheme for the provision of a vast reserve of young pilots who could be drawn on in the event of war. Instructors from the Army and Navy will be assigned to the schools and universities to train suitable young men in civilian flying.
Admiral Daladier
M. Daladier, French Prime
Minister, is leaving Paris to visit Corsica and Tunis. He will sail in a French cruiser flying an admiral's flag, for M. Daladier is an admiral in the French Navy by virtue of his office as Minister for National Defence. Italian newspapers report that M. Daladier will be escorted by 20 French warships from the Mediterranean fleet. This report is not true.
Italy and S. America
Italy has made a new trade
pact with Uruguay which provides for the trebling of the present trade turnover between the two countries—about 11,250,000 per annum.
Struck Oil
• I Oil has been found in Caton zero, near Naples, Italy. Experts state that they will be able to produce a million tons of oil before long.