CABLE NEWS.

Marlborough Daily Times, Volume X, Issue 314, 4 June 1888, Page 2

CABLE NEWS.

HOME AND TOIIEIGN.

Per Electric Telegraph —Copyright

United Press Association

London, June 2

The Standard spitefully attacks the New Zealand loan, and suggests that money is wanted to swell the Budget deficit and to sustain the mercantile credits. In tho House of Commons, Mr Macarthur having stated in the course of a speech, that ex-King Maliotoa was sacrificed by England in order to gain Germany’s support in Egypt, Mr Fergusson retorted that it was not incumbent upon England to protect Malietoa. Mr Bright is still very weak.

The Australians in their first innings made 127, and in their second 114, just saving a one inning’s defeat. Tho Players won by ten wickets. It is thought that in consequence of the pledge given by the Parliament of New Zealand not to borrow in the London market for throe years, the loan prospects are excellent.

The Eight Hon Sir James Fergusson, Under-Secretary forEoreign Affairs, replying to Mr Henuiker Heaton, said that the documents bearing on tho Chinese question would be laid on the table of the House shortly. He was not aware that these documents had been published in Australia.

The Hon James Lee, Speaker of the Legislative Council, Western Australia, has been created a K.C.M.G.

In the House of Commons, Mr Labouehere said Lord Salisbury had insulted France by refusing to be officially represented at the Paris Exhibition. The Right Hon W. H. Smith, in reply, stated that the action of England was amicably understood. There was, he stated, undoubted danger of a European war, but fie trusted that an outbreak between Germany and France would be prevented, as both were allies of England. Vienna, June 1.

The amount of the credit vote asked for by the Premier is 47,000,000 florins. Pams, June 1.

In the Chamber of Deputies M. Goblet stated that Hungary had a perfect right to abstain from exhibiting at the Paris Exhibition. She had nothing to fear from the breaking of pledges to exhibitors, but if the neighbors of France prejudiced her interests France would take her own time to retaliate. He mentioned that the polic3 r of Franco was directed to the maintaining of peace in Europe.