EUROPEAN.

Bruce Herald, Volume XI, Issue 1012, 24 May 1878, Page 7

EUROPEAN.

[By Cable.] v [beuter's special] j, San Fkancisgo, May 17. Russian agents here have boughVttie newlylaunched State of California, which Is expected to prove a very fast steamer. St PiTKBSBiJBaf May 17. It is believed here that Cojunt Schouvaloff has convinced the Emperor that it is to Rusaian interest to yield to the English demands re the' European ~, Congress^ the meeting of which now appears to be- assured. . May ; l». Count Schouvaloff v has started ' for • London. ' , , Russian semi-official journals state that the movements of the Russian troops are made, for means of health j the -occupation of Constantinople is not intended. Cofstantinoh.e, May 18. Notwithstanding the pacific' ' tone of' tne St Petersburg Press the Russians are massing troops near Constantinople and the Bosphorus and are advancing near Gallipolu' '" - The i Russian headquarter remain at San Stefano. « ± May 20. The Bussian Ambassador here and General Todleben have both assured the Ottoman Government tb.at.the moyements-of Russian troops have not a hostile intention. j f a f < « London, May 20. I After a longhand animated debaVia 4fce House of Commons, Lord Bartington's j motion was adjourned till to-morrow. In the House of Lords, 'the Earl of Beaconsfield declined, under present, circumstances, to indicate the policy of England. At a riot at Preston yesterday the military intervened, and succeeded in dispersing the , mob without using their arms. ' May 21st. Lord Hartington, speaking to his amend- , ment, said that the transfer of Indian troops , to Europe was unconstitutional without the ' sanction of Parliament, but that the expeditionary forces haying started, the cost thereof must be charged on the. Imperial Exchequer,, whether Parliament approved or not. _ ,1 ?,The Colonial, Secretary said it should "not' 1 be taken for granted that the Government had deemed it any unconstitutional procedure, j since the Act of 1858 l authorised the employment of the Indian Armj wherever ordered. , The Government wished to show that it could wield the whole forces of this vast' united Empire. Mr S. Laing, Mr Morgan, and Sir W. Harcourt opposed the amendment, believing no constitutional principles had been vio-' lated. Mr Chaplin and the Earl of Stanhope supported the amendment. In the House of Lords, Lord Selbourne* referring to -the "Indian force, called attentions the unconstitutional character ot the^measure,^ which violated the provisions of the Mutiny Act. Lord Cairns denied that the prerogative of the Crown had been strained. Earl Granville, criticising the withholding of information r^egarding^the expeditionary force from Parliament, said it was as unwise^ as insisting upon every important question being submitted' to ballot? Consols, 96f . Bank rate 3< per cent; '...-I Market rate 2^ per cent. New Zealand four and a-half loan, 103& ; others have risen \ per cent. [SPECIAL TO ' kaLBOtJRNE ARGUS.'] s , , Londojt, May 18. A telegram received to-day from 'Frisca states that ' the. '-Russian have purchased from the Pacific Company the steamer s Gity/ of^ Sydney, wlnch^sailed for Sydney on Monday last. They' have also 1 purchased the steamer State of California, ' which was launched yesterday, and are in treaty for two other steamers. the Continent are more hopeful. It is reported that Count Sohou- | valoff is convinced that it is to Russia's interest to yield to the Congress, is now expected will meet, in spite of the troubles" which have arisen at Stamboul. A mill has been burnt at Hastingden by 1 the -rioters; but otherwise affaira are qnieter. ' The money market is steady; and consols are firm at 9si. There is great speculation and activity on the S^qokfExchainge^ The, market for Australian securities is remarkably firm. New Zealand five per cent, consols (dated) are now quoted. New Zealand four and a half per ' cent. (February^Angust) now quoted. The wool sales exhibit considerable weakness as they progrew. Languor has led to eonilder-

withdeawals. Prices average, a decline of a penny. The fall is most strongly marked in respect to washed and greasy crossbreds. Corn market is weak, with a downward tendency. The prospects of the wheat harvest at home are favourable. - Sailed— Aconcaguas, Oriental steamer. May 19. The 'Daily News' states that General Todleben has sent to the Porte an ultimatum demanding the evacuation of Shumla, Varna, and Batoum ; the Russians to occupy Bujukdere. v A serious riot has occurred at Preston. „ May 21. The* Lancashire operatives still refuse to .settle their dispute. The Prince Princess of -Wales have visited the Sydney^section of the Exhibition, and complimented the Colony on its exhibits, and on the tasteful manner 'in which they have been arranged. [Special to Press Aobnct ] London, May 22. ,"" The debate in the Commons was adjourned on Thursday. " „„*-,• , The Attorney-General maintained that the movement of tbe Colonial forces was justified. Mr Gladstone eloquently maintained the privileges of Parliament. , Negotiations between England and Russia arerproceeding favourably. The Government are determined to repress' the Irish obstructionists. A motion is pending to subject soexnbera once warned to, silence; during the' current sitting. I m ~" 1 — — —