CABLE NEWS.

Marlborough Daily Times, Volume X, Issue 139, 20 December 1887, Page 2

CABLE NEWS.

— ♦ HOME AND FOREIGN. per FJrrtrir Trhyri'filt—Cofo/rn/ht the mblbgubnh exhibition. special TO PRESS ASSOCIATION.

Loxuox, pec It is rumored that Sir V. Weld will succeed Sir J- P°P. 0 Hennessy as Governor of JMauntUA rumor is afloat that Mr Goschcn Chancellor of the Exchequer, intends to take steps for the conversion of 3 per cent stock m ordei to obtain a lower rate of interest. The bankruptcy examination ol Lord Loftus has been adjourned until the 2(3th January. The London Committee of the Melbourne Exhibition are unanimous in advising Victoria to assist in obtaining the collection of pictures in the manner already suggested, otherwise the efforts to obtain the collection will prove unsuccessful. Mr Wardle, Chairman of the Silk Section at Manchester, otters to give an exhibition of silk culture at the Melbourne Exhibition if the Commission are prepared to assist Lord Randolph Churchill, speaking at Stockport, predicted a budget surplus of two or three millions. Lord Brasscy, in a letter to the

London Times, urges wi« >——-v of defending Port Darwin, asserting that it is not enough, as advocated by the Imperial Conference, to leave the defence of that point to light guns and a small force oi volunteers. The Times, commenting. on the letter, recognises the importance of the suggestion. Australia having become the second centre of the Empire, and daily increasing ill wealth and population, ought to possess a defensive establishment capable of joining Ragland half-way in defending the Imperial arteries of trade. I i article asserts, further that tho immediate fortification of Thursday Island, and Albany are matters oi most urgent necessity.