CABLEGRAMS

Gisborne Standard and Cook County Gazette, Volume II, Issue 231, 6 December 1888, Page 3

CABLEGRAMS

London 4. Sir F Dillon Bell has express?*! himself ho eful that the British Go emm«nt will recognise the deairab’.euese « f subsidising thCAL. dun New Ze .land cable route. He disapp- oves of the proposal to hold a Conference of Australasian and Canadian delegates at Ottawa *o consider the trade relations between the Dominion and «he Austra ssian colonies and the Pacific Cable quest io, and thinks the Canadian G verument wou’d do better to consult the Australasian Governments direct. It is now officially announced that Lord Balfour, of Burleigh, succeeds Lord Onslow as Political Under-Secretary to the Board of Trade. The Bj-’ui Hon Sir Lyon Playfair, M.Pfor Leeds, in the course of a speech at Stavely, d-ew a contrast between New South Wales a d Victoria to illustrate the advantages cf Free trade as against Protection in Australia. He showed from statistical returns that th- former colony was more pro-gre-sire and prosperous thtn the lat’er, arguing that this was the result of a Freetrade po'fcyThe Orient Steamship Company’s interim report in referring to the Australian trade says that business has improved, and anticipates that a dividend will be declared in April next. It is understood that the Government are in favor <»f the Agents’-Geneial proposal to re-insert in the Liability of Trustees Bill the clause i-roviding for the investment of funds by trustees in Colonial Stocks. The Jockey Club has referred th* Chetwynd Lord Durham dispute to arbitra tion. . -■* . V - The Panama Canal scheme is said to be in a critical condition.