AUSTRALIAN NEWS.

Bush Advocate, Volume XI, Issue 862, 23 November 1893, Page 2

A USTRALIAN NEWS.

(pee press association.) Sydney, This day. Sir G. Dibbs, in moving tho second reading of the Bank Bill, said that if it became law it would go a long way towards placing the banking institutions ir. the colony on something like the footing of the Bank of England. This legislation was required, not in the interests of the banks, but in the interest* of the trading community. Mr McMillan desired to limit the bill to a year, but Sir G. Dibbs dissented from this, though he was willing to make the term two years. Mr McMillan remarked that the next eighteen months would be a period of bitter recovery for the country. The second reading of the bill was carried by 55 to 34. The Legislative Council is considering the Federation Bill in committee. Sir H. Parkes visits Psrth next month, chiefly in the interests of federation. A detained report of the passage of the Royal Tar, which conveyed the emigrants from Australia to establish the colony of Now Australia in Paraguay, states that only one death took phce, that of an infant nine months old. The Consul at Paraguay welcomed the emigrants on behalf of his Government, who ho said were pleased to have them settle on the land, and promised that every protection should be afforded them. Judging by the present progress the secretary itates that there will bs 10,000 people settled in NewJAustralia within five t years. The association now possess 450,000 acres of land.

Melbourne, This day. The GoYernmont has decided to ask Sir Andrew Clarke to fill the position of Agent-General for Vie toria for a few months longer. The Government consider it essential that the gentleman appointed should possess energy and a determination to find markets in Great Britain and Europe for Victorian producers. In consequence of the territorial revenue falling i.'58,000 below the Treasurer's eitimate since July, it has been decided to press selectors and crown lessees for their arrears and rent*, amounting to over .£600,000. A meeting of waterside workers enthusiastically carried a resolution that the time Las arrived when the workers tngagad in shipping should come into line and that a union be formed, to be called tho Associated Waterside Union of Australia, aud that it be affiliated direct with the Australian Labor Federation.

Investigatiou into the affairs of the South Melbourne Permanent Building and Investment Society has discovered another £40,000 to be missing. This is attributed to fraud on the part of Matthias Larkin, late secretary of the Society, who is at present serving a sentence of six years penal servitude for defrauding the institution. Adelaide, This day. The hull of a three masted American schoncr of 300 tons hat been washed ashore near Port Caroline. The vessel has apparently been drifting about for years. There is no clue as to her name.