CABLE NEWS.

Hawera & Normanby Star, Volume XX, Issue 2327, 16 January 1893, Page 2

CABLE NEWS.

By Electeio Telegraph. — Copyright.

(PER PRESS ASSOCIATION.)

LONDON, January 13. The Morocco Government has signified its willingness to make reparation for tbe murder of British subjects. LONDON, January 15. A conference of the members ot the independent labor party is being held at Bradford. At the opening sitting, Mr. J. Keir Hardie, M.P. for West Ham, defined the objects of the party, which, he said, were to secure the collective ownership of all means of production, distribution and exchange, and to obtain independent representation upon all legislative governing and administrative bodies. Tbe Union Bank of Australasia has declared a dividend of 30s per share, and carried forward There is a general feeling that tbe Opposition in the House of Commons does not wish to see a dissolution at the present stage. Mr. W. T. Steadi Bpeaking as a candid friend, says that, if tbe present Gladstone Government last until April or May they will continue in office for two years. „ The Melbourne Bank has been, enquiring if the London market would take £750;000 worth oj .Victorian ;t j -iry bills, bitiLfthe, request has n6t be .-,<■ /drably recersicr by the city finance) ' e' ground that principal' andf^ , 3 payable in '.Melbourne. * X * " - ■„ .: . . •." CAPETOWN. Ty ijrfv 13. •^Cape loan of . a;mp»jj;- at# % s'|iia)f, at 3i per centi has beg^foft^d iofcrtly at an average o^^S'l'di^ai^v •*• '": 3EBLIN, January 13. In- his speeehVjto'tiEte Beijpbsteg, General Yon Caprivi said thai the*' BOiJden appearance of a Dictator in France would not surprise anybody. As to the Triple Alliance, it was not certain whether Germany would renew the agreement, but personally he waß desirous of seeing the alliance renewed, as in tbe case of a European war Germany would be the subject of the first attack. NEW TOEK, January 14. The National Association of Woolgrowers and the Chamber of Manufacturers have passed resolutions protesting against the removal of the duty on wool, being of opinion that the existing tariff is to the advantage to the. grower, manufacturer, and consumer alike. Ode hundred and fifty persons were injured in a railway collision at Chicago. The debris took fire after the collision, otherwise the list would not have been so large. PABIS, January 13.At the enquiry into the, charges against tbe Panama Canal directors, engineers gave evidence that the scheme failed owing to De Lesseps insisting upon a level canal. General Yon Caprivi's speech in the German Reichstag has had the effect o depressing tbe French Bourse. The French Chamber of Deputies, by a majority ot 120, declined to dissolve, and rejected on the voices the proposal to revise the CQnetituJ&ai, „_, „ SYDNEY, January 14. The Government have deoided to disband the country cavalry and mounted infantry corps, and effect a saving of £10,000 a year in the Military Department. v MELBOURNE, January 13. The report of tbe liquidator of the Land Credit Bank shows tbat the books of theinstitution Vere never balanced for yearß Tbe loss on Taylor's (late manager) ac» count was £90,000, but if tbe accounts in which be was also interested were' included then the loss would amount to £140,000. About £120,000 of unpaid capital was unlikely to be realised ; bad debts amount to £217,000. The prosecution of the auditors is suggested. Owing to lack of funds, action must be left to tbe Govern* ment.