LATEST FROM EUROPE(Age Special.) London, Dec. G. The “Times” has expressed grave doubts of the wisdom of the New Zealand loan. Sir P. Julyan has resigned the Crown Agency for New Zealand. He advised the floating of half the loan immediately, and the balance ,in twelve months, considering the market unfavorable. Government demurred to this. Tenders will shortly be invited for the South Australian loan of two millions. Crennan has been lodged in Kilmanham gaol. Latest news from the Cape states that Sir Garnet Wolseley telegraphs that the disaffected Boers have relinquished all attempts at hostility, and are better disposed. The settlers are holding meetings calling on the Imperial Government to grant a constitution. The Hon. W. E. Gladstone, in his rectorial speech at Glasgow University, was brilliantly and enthusiastically received. In addressing a political meeting in Glasgow, he denied opposing Government for the sake of office, but the country demanded justice in dealing with foreign nations, and economy financially, and reforms generally. The New Zealand consolidated 44 debentures fell to 94 on Dec. 5. ( Special. ) London, Dec. 6. Three per cent, consols 974. New Zealand, 10‘40, five per cent, loan 101. The wool sales have closed. 127,800 bales were catalogued during the series. It is reported tiiat the Empress Eugenie is going to Zululand to visit the place where .the Prince Imperial fell. Glasgow, Dec. 6.
Mr. Gladstone in his final speech vehemently denounced the Government policy, especially the Afghan war, which ho characterised as dastardly. Vienna, Dec. 6.
The Lower House has passed a Bill for raising the Austro-Hungarian army to 800,000 men.
Per our Special Wire.
Wellington, Deo. 8.
The steamer Penguin, which left at one o’clock for Auckland, via East coast, has just returned, one of her boiler tubes having burst. The estimates of the public works have have been recast since the news was received of the floating of the five million loan, and in consequence the delivery of the Statement has. been postponed until to-morrow.
.. Fifty of the Arethusa’s immigrants have been sent to Wanganui, and 50 to Foxton.
It is believed His Excellency has abandoned the idea of going to Sydney for the present. The steamer Penguin will complete repairs, and leave again this evening. At the Magistrate’s Court Denis M'Cormack was charged with stabbing Mr. and Mrs. Flannagan. Owing to the latter being unable to attend prisoner was remanded.
At the Supreme Court, in Chambers, this afternoon, the Chief Justice made an order compelling inspectors of police to hand over to the New Zealand creditors the property taken from Gleich at the time of hisarrestforfraudulent bankruptcy at Adelaide. The order was made in consequence of the Appeal Court having decided that the New Zealand creditors had preference over the Adelaide creditors by Gleich having changed his domicile by visiting England. The certificated accountants in bankruptcy have adopted a letter to the Chamber of Commerce,*in which that body is requested to use its influence in having Mr. Berry, one of the accountants, strcck off the roll.
Arrived—Kiwi and Auroro, from East Coast ; Fanny Thornton, from Greymouth ; Martha Reid, from Oamaru. Sailed—Southern Cross, for Auckland via East Coast; Falcon, schooner, for Grey mouth. Wanoanui, Dec. 8.
The Italian who assaulted Dr. Earl on Saturday, proceeded to the racecourse and burned down the fencing there, setting Are to it in twenty places. He then threatened the custodian with a knife. He was captured bv the police near the Heads on Saturday. A shoemaker named Henderson, from the West Coast, stabbed Mr. Poole, landlord of the Maxwell Town Hotel. The wound is not very serious.
On Saturday morning a man named John Pokarwet was drowned in Wanganui River. He took a horse into the river and fell over the bank into deep watei.
Christchurch, Dec. 8. The man Hindman, who was injured at the Port on Saturday, died to-day. Timabu, Dec. 8. The weather during the last 48 hours
has been very boistrous. Heavy rain hai fallen damaging the crops, flooding rivers, and washing away a portion of the railway line at Otaio.
Oa.vaeu, Dec. 8.
At a meeting of the Naseby-Oamaru Railway (jumraiuue it was decided to take immediate stops to urge upouthe Member? fertile distrust the making of a special effort to have LSffJ placed upon the Supplementary Estimates for a survey, with a view to ascertaining the best route for continuing the Livingstone line from Livingstone to Strathtaieii, on the Kyeburn Flat.
Dunedin, Dec. |B. The Dunedin Jockey Club to-day received a letter from Mr. H. P. Lance, accepting the office of handicapper to the Club, in place of Mr. Moore. Mr. Malcolm, Rector of the Tokomairiro High School, has been appointed Rector of Christchurch Normal School.
Shearing has been commenced in the Lakes district. The price is 15s. per hundred.
At the inquest on the body of Henry Madden, found on the Ocean Beach yesterday, a verdict of “ Found drowned,” was returned. Deceased was an inmate of the Benevolent Institution.
Mr. W. A. Crombie, late manager of the Dunedin tramways has been appointed Goods Traffic Manager here, vice Mr. W. C. Norman, resigned.
Invercargill, Dec. 8. The sitting of the Supreme Coure commenced to-day, before Justice Williams. The only case heard was one against Patrick M‘Mananiaiu, charged with feloniously killing a horse. He was acquitted.
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