ITEMS OF INTEREST July 13, 1912 Issue

ITEMS OF INTEREST

The federal government closed the fiscal year Saturday, June 29, with a surplus of thirty-two million dollars, according to estimates based on incomplete returns from the various sources of revenue the country over. Secretary MacVeagh a month ago estimated that the surplus would be only $10,250,000. The surplus at the close of the fiscal year 1911 was $45,682,000.

The leading recommendations of the international radio-telegraph congress at London, Eng., adopted during sessions of the conference are:

Regulations to prevent interference in crowded areas and designed to make wireless telegraphy of the greatest possible use in saying life and property at sea and making it also more valuable commercially.

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