THE LOAN AND MERCANTILE AGENCY.

Press, Volume L, Issue 8582, 8 September 1893, Page 5

THE LOAN AND MERCANTILE AGENCY.

THE RECONSTRUCTION SCHEME. j f-m AaewUttan-Eleetrte Takempft—CagyrtgM, 9 London, September 7. The New Zealand Loan and Mercan- % tile Ageucy will probably divide each I ordinary chare into two of £10 each and issue preference shares of £3 10s , each. Baron Schroeder retains his priority I of claim over the assets. , It is proposed that the holders of I bills shall receive half in cash and half i in a first mortgage over debentures The present debenture holders will not be required to accept chares. > HOME AND FOREIGN. Dnm Aamtetio*—Eiaeutt Tetagaga— oy/tiem. " { TABMANIAN AGENCY-GENERAL. London, September 6. , Sir Bobert Herbert will act as i Tasmanian Agent-General in London. [ CHIEF JUSTICE OF SAMOA. Mr Harry Ide succeeds Baron Ceder- ; crantz as Chief Justice of Samoa. THE SHERMAN SILVER ACT. ' Washington, September 6. 1 Iα the Senate members interested in silver are adopting obstructive tactics > in order to defeat the repeal of the > Sherman Act. • ACCIDENT TO MADAME MELBA. ( Paris, September 6. A carriage in which Madame Melba . was driving to-day met with an acci- . dent, and Madame had her ear and face out, but otherwise escaped injury. PLOT AGAINST THE CZAR. , St. Petersburg, September 6. » A conspiracy against the life of the Czar has been discovered in Moscow. Eighty-five University students, eight professors, ifcnd five ladies of the nobility have been arrested in connection with it. : KING LOBENGULA. Capetown, September 7. [ It is believed that the Embassy sent ; by Lobenguia to Sir H. Loch is merely a subterfuge to enable the Impis, who , are away at present, to return. Tue , King ia removing all his oattle into , the interior. i COLONIAL PRODUCE. ' Sir J. C. Bray, in an interview respecting the sale of oolouial produce, i thought it would be found impossible ito abolish middle-men. Mr Perceval, however, gave it as hie opinion tbat provided a strong company was formed the scheme ought tt> prove workable. • .. aßaßaiaaiaiia ,^ lll^M ,^ THE HOME EULE BILL. > DEBATE IN THE HOUSE OF LORDS. I Anaa AMMtetion—KlMkte X*l«gra»b--C«nmgM. > London, September 6. Three hundred and fifty Peers atI tended the House yesterday. Eail Bpenoer, in moving the second reading of the Bill, said that during the last eighty-seven years, on an averagej one Coercion Act or renewal thereof had been passed each year, while the sentiments, feeling, and customs of the Irish were totally neglected, He urged the Lords to oast aside prejudices and embrace the , peaceful opportunity, conoeding their demands instead of reducing the Irish to despair. The Duke of Devonshire contended , that the Bill would arrest prosperity, enslave the loyal minority and disunite I the Empire.. September 7. The Duke of Argyle delivered a brilliant and scathing speech in the , Lords, declaring that Mr Gladstone was the Mahdi of Home Rule. 1 Lord Ash bourne and the Marquis 1 of Londonderry also made powerful speeches on their side. Lord Play fair aud the Marquis of Kljaon replied to the attacks on the : Bill. The Duke of Argyll said he did not \ blame Mr Gladstone for his strong 1 language, beoause he was a pure fanatic. The country expects and demands that the Lords shall reject the Bill to enable it to consider the measure.