NAVAL SUPREMACY.

Akaroa Mail and Banks Peninsula Advertiser, Volume XXIV, Issue 2133, 9 March 1897, Page 2

NAVAL SUPREMACY.

Speaking in Ihe House of Commons Sir Charles Dilke said there weie toe few battleships proposed under .the Navy Estimates. In view of the increat-e iti the French and Russian fleets it was imperative that England should outbuild ibe others, owing to the coloni*Varabi_' tion of the Powers. Mr' G<_sch.n in reply, said another six thousand men would be added in 1898* white the maximum actite list required a hundred and ten thousand men. It waß intended to largely develop the reserves, and in the event* of War with any two Powerp, Great Britain would be distinctly superior, both in the number and quality of. her ships., f Vice-Admiral Hollman, Secretary to the German Navy, has submitted to the Imperial Budget Committee proposals for the' .construe•, tion, within three years, ,o{ fiye jbattje-, ships, six eiuisers, thr^a,gut]boats, abd thirty-six torpedo boats, at a cost of ten millions, TJesides the seven millions j already voted. This enormous demaud stupefied the Committee, , wbioli ady jburned : consideration of the (|oestibo. |

THE AMERICAN PRESIDENCY.

Major McKinky formally assumed the office of President on Marctj 4th. Tbe pageant at tbe>capitpl : was a ing one. Thirty thousand troops lined the route, nnd there was ,an immense, gathering of spectators -to witness rJ tbe : proceedings. In his. inaugural,, address Major Mckinley said that {.. territorial aggression would, be avoided,,and.a firani and dignified foreign policy, adopted. Every agency for the preservation of peace would be tried before rasortiug to war. Arbitration trueniethod for bringing about* a settlement 6f inter- | national dispute**, and. the treaty recently entered into with the British was a glorious example of the exercise of reason for securing peace. He favoured the appointment' of a Commission to inquire into the ;of pevuim of the coinage, banking and currency. The suljpct of international b.m>'Ut!lfsm would receive early attention.; The popular mandates with., regard,, to .the integrity of the currency, tariff reform and taxation would, be enforced, and.jp anti-tru. t poh'cy would be pursued. , The President urged the Senate to take early action in the matter of the Arbitration Treaty as ft duty to mankind. The revival of bnsinesß ; would take ;«ime. Congress has been convened for the 15th March. The, President considers' tbat the affairs, of the Treasury demand immediate attention ... Six members of the Cabinet are millionaires.