CABLE NEWS.

Daily Telegraph (Napier), Issue 7374, 25 May 1895, Page 2

CABLE NEWS.

[EHB PRESS ASSOCIATION.—COPXEIOHT,]

Loneon, _say 21. Want of discipline and fear that Lord R'.sebsry may be compelled to resign havo disordered the Liberal party. The Press on both sides foreoasts a dia • solution at an early date. Tho Lord Chief Justice has decided that awarrant of the purity of Australian butter given by the importers exonerated a Gosport merchant who was fined by a lower Ooart for selling adulterated butter. Though the article contained 17 p&r cent of foreign fat, it had not been proved when the adulteration took place.

May 22. In the House of Commons Mr Buxton, Parliimentary Secretary to the Colonial Office, replying to a question as to allowing a six months' vacancy previous to a Governor assuming office, said they had virtually met South Australia's requSSc by postponing the appoiutment.

At the banquet Mr Ward, who was received, with universal kindness, iaeisted that the criticisms describing the oolooies a3 persistently coming to the London market hat in hand wero unfair. He contended that in all the dealings that had been carried on tho advautago to the borrower* aud lenders had been mutu-', and that the money borrowed had been well employed.

In discussing Viscount Wolmer's claim to remain in the Houss of C.maions until ha w_s summoned to the House of Lord?, Sir Vernon Hareourt declared it to be absurd and almost childish, and entirely without precedent.

Mr Hotson, of the Newport Meat Freezing Works, Vict-.ria, expects tho English trade to improve in the autumn. He has paid a vi.itti Paria, but the Fren,ch Government do not show any cign of willingness to relax the present restrictions. London, he considers, is well provided with means for tho distribution of frozen meat, but extension and encouragement are urgently required iv the provinoes. He forecasts a great future fora direct trade with Manchester and Glasgow.

Holders of New Plymouth Harbor Board bonds have induced a Fection of the brokera to petition tho Stook Exchange not to quote New Zealand 3 per cent, stool..

At a meeting of the and Southland Investment ConapaDy, Mr James Jackson, who presided, ssid the last debentures issue by the company resulted in £92,000 being subscribed ; £265,000 debentures expired in the year and these he renewed at 93, the remainder being paid.

in the London branch of the Manchester and Sill'ord Bank a thief snatched from (he counter a case containing £3000 with which ho managed to effect his escape

May 23. Lord Salisbury, spe .king at Bradford, urged the Government to at-end to social reforms instead of disi.>t?grating tho Empire and upsetting churohe., and declr.rcd that tho ppread of socLli.tu proved tho existence of evil, requiring remedy. Sir William Harcourfc,' Chancellor cf the Exchequer, a_dnssing a meeting in the City, appealed to the exp-rieno. of 50 years iv favor of a gold standard, and said the Government would never favor bimetalism on any condition.

A goldfield in N<nv Zealand, with a capital of £.00,000, haß been registrred. Au English company has bouaht the Triumph goldmine of Hauraki'

Victorian wheat cargoes ex Boadicea and Gael have been sold at 245. A ttoutS" Aus-tr-lian csrgo ex Alexander Black was sold at 26s 3d.

&.t tbe wool sales there was again competition for good sorts. Americans are buying crossbred- freely.

Tho American visiblo suoply of wheat is 66,960,000 bueh.ls.

Correction — Visible supply of wheat, 69,700,000 bushels.

Victorian wheat cargoes ex Tuciwara and Celtio Monarch were sold at 25s and 24s 9d respectively.

It i» rumored in official circles that the Farl of Glasgow will succeed the late Sir P. W. Duff as Governor of Kew South Wale?.

The Rev. John Reginald Harraor, Doan of Corpus Ohrirfi College, Cambridge, who aooopted the Bishoprio of Ade aide, rendered vacant by the appointment of tho Right l<ev. G. W. Eonnion, D.D., to the see of Bath and Wells, was consecrated to-diy by the _lrohbishop of Canterbury at Westminster Abbey, assisted by the Bishops of Manchester, London, Bath, and Wells, and Salisbury, Canon Dr. George Body preached. Jabez Balfour has been oommitted to stand his trial at the June sessions on six charges. m May 24. Carbine and the TTovelette colt have arrived safely at Welbeck, the residenoe of tho Luke of Portland. Ihe P. and t>. Company's new cargo steamer Bornoo, of 5000 tons, has beea launched. Oscar Wilde's case has bean adjourned. The chargo against him in connectiou with Shelley has beea withdrawn, as there was no corroborative evideoc.. Lord Salisbury, in hh speech at Bradford, said it was imperative for the Eiupire to assume new responsibilities when opening new mnrkets in uncivilised nations. The vacancy caused in the representation of Wurwick and Leamington iv the Houge of Commons, to the retirement of Mr Speaker Peel, has been filled by tho raiurn of Mr Lyttelton, Unionist, by a majority of 500 votes.

The bou of tho Ameer of Afghanistan hp.s arrived in England, and great preparations are being made to entertain him. Owing to bad reports of tie Amerioan crops there i_ a tuddeu boom in Australian wheat, which rose from la to ls 6d per quarter in a few hours. Lord Hoberts has been promoted to the position of Field-Marshal. The Times, in referring to the deputation from the associated Uhan.bera._-f Commeico, whioh will wait to-day on the Premier' Chancellor, aud Postmaster-General, in support of a rrsolutioa Jarricd at the Canadian Conftrence favoring a subsidy to tho Pacific steamers and cable, strotgly urged Lord Rosebery to a.sent to the proposals of the colouies, whioh it says have already taken their part in weldiug together the Empire, and colonial taxpayers who are bearing the burden. The weekly returns of the Bank of England, published to-day, show the total reserve to bo £28,430,000, and the proportion of reserve to liabilities 64-38. 'Ihree months' bilia are diecouuted at _• per cent. * New Zealand long-berried wheat, ex warehouse, firm, 27s 6d; South Australian ditto, 27a •__ ; Victorian, steady, 27s 9d' New Zealand mutton, first quality 3d per lb; second ditto 2_d ; lamb averages The -Tew Zealand hemp market is unchanged. 10?3d,7avaT2?9d ißqUiet - G ™ b * 6t agkli^* I**1 ** ****** '*•***

At the wool sales a good selection was offered, and p.ioea were very firm. it Bradford prioes are firm, but businesa ia restricted. The frozen pcoduoo ex steamer Aberdeen from Australia has wived in good condition. Bnai_N, May 21. During a discussion on tho snbj .ot in tha Prussian Lowor House, Herr irondt Slid thoy only wanted bimot-lism ia the event of the Powers agroaiug to reoognise a permanent value for silver. No doubt when Mr Balfour came into power England ■would ultimately jieli. Germany w_a willing to wait if th. propped conference was convened. The Keiohstag h_a approved a bill to abolish slavj trading iv tha territory iv Africa, over which Germany hid pUoad a protectorate- * May 22. The Lower Houae of the P.u.siiu Diet, by a majority of 95, adopted iiorr Arendt's motion asking the Govermnoat to convene a monetary couf.renca with a view to saouring the adoption of bimatalisoa by all the countries of the world, including Gieat Brit dv. Shanohai, May 24. A resoript by the ICraperor of Chirm declares it was impossible to oontioue tho war with corrupt officers aud rabble troop?, aud implores the people to make allowanots for tho difficulty of the situation whioh compelled the treaty with Japan. Tho Emperor earnestly urges reforms. Washington, May 24 Tho direotors of the United States Mint have increased the gold output, ospeoially of Australian, and this disposes of the contention of the supporters oi silver, as to the iasuffloienoy. Madrid, May 22. Hows has been received that the Spani.h Bhip Gravina foundered in a cyolone off Lnzon, in the Maiay Archipelago, one of tha largest islands of tho Phiilipines. The accident was attended with a sad loss of life, o_ly three out of 171 souls on board being saved.

Nkw Yoek, May 23. The miners entombed ie the West Virginia mine havo been rescued.

Melbouenb, IKfay 23

Ihe result of t'-e poll of the Central Mine Bharohol-U's resulted approximately in 99,000 shares for, and 22,000 against the Bab of property. The motion to sell is to be deolared oarriod. Tho Employers' Union has resolved [that any interference by Government in the in .tter of wages either as to a fixed minimum or any other Hcale, is detrimental to the in-tete-ts of both employers and employed. May 24

Although tho railway committee agreed that none of the suggested lines through the mallee couutry had any present prospects of profitable return, they were of opinion that there was justification for tho Government making one or more of the lines ii they can get Parliament to declare the malioe country unalienated, the idea bsing that Government can make a great deal of profit over and abovo the loss on tho linos by leasing the mallee lands. It is understood the committee resommend that all landowners new the future lines ba taxed on the bettsrmont principle. There appears no possibility of the committee endorsing tha Minister's proposul to cut down iho standard guage on the number of existing lines to the narrow gu-ge, as it would be expensive and nonbeucfici.il, and would acid further to the already large excess of the standard rolling stock. Before tho Banking Commission Mr Donald Fiulayson, general rnanagor of the Union Bank of Australasia, in hia evidence considered tho Credit Fouoier system, with proper safeguards, a good idea, bat great cirj would hwe to ba takeu to fiee that valuathns were not made too high. It gave no more absolute safety than the present system, and those desirous to borrow monoy who had good soourity to offer could get money as chaaply as the Government could oiler und.r the new system. Good security, he said, is as essential for a Credit Fonoier as for privato enterprise. The foreoast of tae Governor s speech for Wednesday avers that there ia a gradual improvement in trade and a return of confidence in the colony. An iucreaee of tho export of produce is in need of encouragement, and members will be asked to assist in the establishment of beet sugar, fibre, and oil industries. parliament will also be urged to take into consideration the action of Government in urging forward the Pacifio cable. Ba.on Ferdinand Yon Mueller, tha wellfcnown botaniHC, has received a German paper called the German and Australian Tost which pub'.ibhes a statement that the Arctic exploring ship Algir has raaehed the North Pole, and Baron Mueller ia inclined to believe that the information is authentic. The paper saya the Pole waa reached by means of an aluminium boat on wheels, after a long journey in the open water. They were met by a loDg line of porous rocks running from eaßt to west. Beyond this formation open water was again met The region ia said to teem with birds and fish life.

Sydney, May 23

Sir G. R. Dibbs and Sir H. Parkes, be tween whom strained relations existed for some time, ehook handa this morning, and subsequently breakfasted together. The silver market ia weaker, and shares Bold at slightly lower rates. The censure debate dragged moanly and Bpiritlesslv throughout tho day and tonight, and at 11.30 to-night there was no prpsent sign of a division. Tha Premier is determined to pee tho debate through before rising. Besideß the amendment by Sir H. Parkes, Mr Sohty has moved to refer the fiscal issue to a referendum. Mr Ewin has moved an- amendment, as it would make kanaka labor inevitable. Mr Oopeland, speaking to tho motion, regretted the days of battle-axes hud gone otherwise they could physically dafeud indu-tri.s p.oteoted by tariff. Kir H. Parkes made a personal esplanation, and said he had not joined the V rotpoticnists, but was simply devoting the energies of his life to the cause of union, and would not assist Protec ion except to prevent tinkering with the tariff to the detriment of Federation.

May 24. The president of the Workera' Union hia offi-ially denied the statemant that the •executive consented to tho workers accept- _ in" a reduction in the shearing rate in certain districts from £1 to 18a per 100 aheep, and adda that mombers may engage under any form of agreement for the preaent season, but are strongly urged to maintain the union rate, and on no account to accept reduction. 'Ihe Wilowmia branch of the union resolved that the executive acted cowardly, and no longer possessed its con • fidence, for allowing men to shear under any agreement, and decided to adhere to the conferanoe agreement. _ Tho ten mile bicycle championship of New South' Wales took plao- to-day-O'Brien 1, Lewis 2. The other starters were M'Guineaa and Matteraon. Tandems were used for pacing, and nt tho end of tho eighth mile only th. placed men were left in the race. O'Brien came with a magnificent Epurt in the last lap aud won by 20 yards. Tim., 2__aia 16 2-sth seo. MegBon, tho champion, waa absent in the country. ~.____ In the Legislative Assembly the debate on tho censure motion and the amendments waa continued until half an hoar after midnight, when Mr gchey's amendment to refer the fiscal issue to a referendum w_B negatived by 7- to 25. A division waa then taken on larkes origitnl motion of censure, which was rejected by 67 to 34. The Sydney Mom my Htrall, referring to the decisions, saya : —'■ We have now an end of an episode in tho political life oi the country of which none of its promoter* ha 3 ever reason to be proud, and tbe que»tion haa ended in the overwhelming defeat of the unholy coalition. Government, it says, is in a stronger position than ever bsfore, and however badly aom. prominent reputations may have suffered to Bhipwreok Parliament, tbe latter as a whola stood the test in a way which will 'ncr.asse the estimate beld of it in the mind of the oountry. The Daily 'leleyraph saya--"For once the Protectiomats have been' too clever for Parkes, whoße old political hand has lost its cunning, and in rna-ooavri-g for place even Dibbs hopelessly out-generalled him." It says they have yoked Parkes to a bogged car in provincial tariffism, whioh is a most deplonble muddle for him to ond his long political career in. Had Parkes beou faithful to hia own principle- and patty in this miserable as the Dibbites had been to theirs, the Telegraph saya we should never have bsen pained to aee_ him iv tho position which he now occupies.

Adsiaidb, May 21

'ihe barque Indian Empire, from Cardiff, haa been floated ofi without sustaining in]U George Giffen haa been presented with an addrassand 400 sovereigns in recognition of hia valuable Bervices in the teat and intercolonial cricket matches A letter from Alex M'Donald, a leading member cf the New Australian party, dated March 18, sayß the attempt at communism failed, and failure proved that It only renders people more selfiah. Be claims that ho settlors were at least not worse than the average specimens of their respective claa, ylt there ia not one of them to-day but will admit that they have degenerated under communiKtio conditio.s, and all recogn.fl. that Bomelhi-g is wrong, and £ £o e ntralmtion Bourne is on the tapis, its object bring tO-t.ttle-ocm-er-0- theasaociation of the land 'individually O'm group* on the single tax principle. M'Donald aa. a though the failure ia admitted taore'» ?o nanon why settlers should not form the nucleus of a successful colony in Paraguay. •Ihe climate and conditions there are good but the want cf funda is a drawbrck, and at le-st 50 per cent of the settlors' la-oria frittered away in unproductive works, no epeaka of the wheat cop yielding on y a buahol per acre, and adds that settler- nnd it impossiblo to pay where so much clearing has to bo done, c'en by those who have capital, but be is oonvinced ho will do well on the Pampas. 'iho settlors are boyor.d actual want, though for some time the chance of making uuytbing iv tho Bhapo ot hard cash ia very remote In concluaion, he says thoso disappointed with tns settle • _.ent continue to le.ive. BaiSBAHK, May 23. _ r ? ho . ugar yield for the coming aeason ia oatimated'at JOJ.OOO tons, compared wite 00 000 tons for the previous bobbou. Crushing begins on tho 16th Juno, and tho now augar market opens in the first week. Pan-it, May 23. A nugget weighing 196 ounces haa been discovered at Marble Bar.