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ENGLAND.

London, March 19. The Government are inquiring as to the facilities for extra barrack aecomodation in Ulster in the event of ib being found necessary to increase the troops there. The Economist asks whether the pledge of the associated Melbourne banks to mutually support one another if occasion arises means that assistance will be forth, coming to the full extent of their respective resources, The paper asserts that a distinct assurance on that point is needed to remove the feara of British depositors. The Statist declares that the amount of withdrawals trom the Victorian hanks during the past month foreshadows a rnn, and says that the sentences passed on the three offeials of the Anglo-Australian Bank will intensify the painful feeling of iusecnrity which exists iv the minds of depositors. It congratulates the associated banks on their recovery, and urges a steady reduction of the deposit liability, and a return to sound banking business. The Daily News says that the " bears " cruelly took advantage of the heavy sales. The Daily Chronicle says that private advice reoeived from Melbourne shows that the associated banks suggested that one institution should go into liquidation and that two others should amalgamate. March 20. Mr Gladstone is convening a meeting of his party to devise means to overcome the obstruction which Is threatened against the passage of the Home Rule Bill. Mr John Redmond declares that there is a danger that the Local Option question will overshadow tbe Home llule Bill. Irish members of the House have decided td demaud thnd ilie Government shall fulfil its promises in regard to Mie measure. Mr John Dillon says that if the people of Ulster choose to iigliti the Queen's troops, the residents of other parts of Ireland will merely look on as spectators. March 21. In the House of Commons the vote for Uganda was passed by 368 to <o. In the course of the discussion Mr Gladstone denied that Sir G. Portal was authorised to occupy or annex the country. Mr ' Labouchere made a violent attack on Lord Rosebery's foreign policy. Many telegrams and tetters have been received in Ulster from Australia and New Zealand offering " men and money." It is hoped that Lord Salisbury will recover jn time to keep his engagement to deliver an address at Belfast. The Daily Telegraph continues to publish alarming reports of the arming and enrolling of men iv Ulster, but they are not confirmed by any other paper, The announcement that tho Indian Government will shortly put a loan of thirty million rupees on the market) has depressed silver Btocks. A South Australian loan is expected at the end of next week, At a meeting of the shareholders of the Australian and Mew Zealand Mortgage Company, Limited, Mr A. Fowler, chairman, said the company had not suffered by the Queensland Hoods or by the de. pression in Australia. The dividend, however, had been reduced to 7 per cent Measures were being taken to renew the company's debentures at a lower rate of Interest. They had bright) hopes of the future. Messrs Murray and Riccardo were re-elected directors. Mr H. Fowler, President of the Local Government Board, has introduced a Bill creating Parish Councils with large I powers in every pariah containing a population of over three hundred. News from the West Coast of Africa states that the French have hauled down (he English flag in British territory in Gambja. The Association of the Chambers of Commerce has, by a majority of 33, rejected the proposal for reciprocal trad,e I with the colonies. The Hon. A. J. Mundella, President of the Board of Trade, in addressing the Chambers, said he was glad, to ace that was gradually recovering from the depression, and he stated that the way in which New Zealand had paid her debts was marvellous. A Tasmaoian loan of £800,000 at 3J per cent., wiih a minimum of 92, hag j been plaoed ou the market. Tenders olose on Tuesday next. 1 Received March 23, 1 am.) March 22. The following is the result of the Lincolnshire Handicap : — Wolf crag, 1 ; Gangway, 2 ; Marion, 3. DeCobaln, formerly M,P. for Belfast East, has been found guilty, and sentenced to one year's imprisonment.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBH18930323.2.8.1

Bibliographic details

Hawke's Bay Herald, Volume XXVIII, Issue 9327, 23 March 1893, Page 2

Word Count
704

ENGLAND. Hawke's Bay Herald, Volume XXVIII, Issue 9327, 23 March 1893, Page 2

ENGLAND. Hawke's Bay Herald, Volume XXVIII, Issue 9327, 23 March 1893, Page 2

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