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VIA SUEZ.

[SPECIAL TELEGRAMS TO THE

STAR.]

60,000 EMIGRANTS DESPATCHED BY

DR. FEATHERSTON.

NATIONAL BANK'S FIRST ANNUAL

REPORT,

GIGANTIC TUNNEL BETWEEN ENG-

LAND AND FRANCE.

COOLNESS BETWEEN" RUSSIA AND

GERMANY,

GENERAL SUMMARY

From a return issued from the office of the Agent-General up to June 30, 1874, 39,325 immigrants has been forwarded to New Zealand, and about 9000 more was sent since that date. This will be further increased by nine ships fixed to sail in October ; six or seven to be laid on iv November, December, January, and February. These will likely make a grand total of 00,000 soulß during about three y«ars. The figures of the last Budget speech were telegraphed home by Mr Vogel, and Dr Featherston gave them to the English public through the medium of the morning papers. The Laborers Union will, during the next six months, promote emigration to New Zealand. The Warwickshire branch are considering a scheme for co-operative farming by Union Laborers. At a meeting of the National Bank, the balance-sheet for the first year's operations was presented. The business of the Bank of Ota:;o in the colony was taken over on July 1, 1873, and the balance-sheet embraces the result of only nine months working carried on at thirteen offices Of other branches, six have been in operation for an average period of ten months, the remaining eleven for four months. The latter have hitherbo been only a source of expense. Notwithstanding these disadvantages, the progress in general business has been considerable and remunerative, and will provide for the heavy charges of the concern iv course of development. The gross profits, including £1,102 brought from last year, and after deducting interest, and making provision for bad and doubtless debts, amount to £45,5(>8. From this the current charges, and a proportion of preliminary expenses haves to be deducted, leaving £l,5Gu carried forward.

The English news generally is very devoid of interest.

Mr Whalley has publisher! a letter, in which he says he received a communication from Dr Kennealy, who avows that notwithstanding what Lord River said as to the health of the Claimant, he (Dr Kennealy) believes he is dying; his faco being livid a d corpselike, and his time on earth apparently short. Mr Whalley appeals for an effort to be promptly made in support of the demand for further full enquiry.

The tunnel between England and France ia to be large enough for a double line of railway. Borings have already been commenced.

There is a coolness between Russia and Germany. English journals attribute it to Bismarck's proposal to incorporate Denmark. There is a rumour at Copenhagen that Ilusvia and England will propose as a solution of the North JSchteswig question the return of Danish Sehleswig to Denmark—all fortifications of Alsen and Duppett to he destroyed. Denmark t>> bo declared a neutral country, like Belgium, under a European guarantee. Russia felt greatly irritated on receiving the intelligence, and would never allow Germany to hold the key to the Baltic. This incident has exercised a groat influence upon Russia's policy with regard to Spain. The Emperor's letter to Don Carlos produced a great Bensation.

The Berlin Neve Freie Presse says the " Powers which have undertaken to deal with Ultra-Montanism and the allies have taken up a atand against Russia are preparing to preventing any serious consequences from the Muscovite change of front.

Loading at London for Auckland—lnverenne.

The Cospatrick, which left London on Sep. 8, took as passengers Dr. Cadle and 424 immigrants.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18741126.2.20.1

Bibliographic details

Auckland Star, Volume V, Issue 1496, 26 November 1874, Page 2

Word Count
582

VIA SUEZ. Auckland Star, Volume V, Issue 1496, 26 November 1874, Page 2

VIA SUEZ. Auckland Star, Volume V, Issue 1496, 26 November 1874, Page 2