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CABLEGRAMS BRITISH, FOREIGN AND INTERCOLONIAL.

[ Fbom Fbbss Association I ...... London, May 1. .' "\\Theat isls dearer. ."" 'lib New Zealand loan is quoted at . U percent, premium and the West Aus,..,tfalian at 3f premium. , During tne last two years the American live cattle supply has decreased by a -quarter of a million head, and it is ex- , peoted therd' will be a rapid decline iv * th© shipments durJDg the next bix monthß. "' The Vienna correspondent of tne] : ' 'StandaVd' says that unless Japan sacrifices herself to the Czar's ambition the sjtuajtipa will cause Russia to hasten on \' the completion of the, Siberian railway, .and momentous issues may be expected involving grave injury to British commerce in the JSaßt. , • .There is trouble in Formosa, owing to ■tho fact- that the Chinese soktiers have not been paid for some time past. The discontent culminated in an open revolt, at the outset of which the soldiers killed • tKe general, ; whbm they' accused of steeling their pay. The Governor's guard m restoring order killed 30 of the rioters.' The attitude of the European Powers has amazed the Japanese Cabinet, and its relations with Kussia are now exceed- , inely strained. The Eussian Government are preparing to mobilise the whole of tho army and navy. All leave has been stopped among the troops in tho Amoor region. The Japan correspondent of 'The Times' wires that the situation is very grave. . "■ Advices from Hongkong staf3 that the Japanese, massacred the garrison at the Pescadores on the occupation of the group. . ' . "Meinbors,of both parties arc greatly ""surprised at the , early introduction by Sir VK. V. Harcourt of a measuro provid- ',' ing for .one-man-oae-voto in Parliamentary elections,- and its advent at Ihe present stage is believed to point to the near approach oi. a dissolution. ! ; "• Corinto was occupied nt night under a * blaze of searchlights -from the warships, the crews- of which manned the guns ' "ready to open fire on the first si# na of opposition to the force sent ashore. 'Guatemala, "San Salvador, and Costa ,'3iicahav'e urged Nicmagua to pay up. \ (QosiaEicacffered to find one-fifth of tbe ''... monoy. . ,'Tho Government, however, are in fear of the mob, and on this, account * also declined, an oSev of American mediation.' The Nicaragua Government have sent a protest to the Great Powers -against-whafc is termed. tho -'highly outiageous action of Great Britain and her absolute disregard of justice." Mobs i parade the streets of Managua, the capital', crying "Death to British tyrants." '■' It is asserted that the slaughter of the Banfishire sheep at Deptford will involve . a loss of 15s on each ot the animals. ' .A Hull firm lias offered' to buy 20,000 ''■■ rabbits per week at Is 6£d (sic) for. large; ■- sized and 6d for small ; deliveries to begin in London at the end of August. The 1 firm jswilling to sell on commission, if this course is preferred. Howard, a stylish .American orator, has Been arrested on a charge of being . concerned with other prisoners at present "in, custody in, an extensive, forgery of bank notes.. He had hundreds of forged notes, of French, Belgian and German banks in bis possession, and a complete engraving plant was found in his * chambers at Belgravis, at the West End of London. Accused explained he was a " scientific experimentalist, and did not forge notes for circulation. The Duke of Orleans sustained a fall while hunting in Spain, and had one of his legs. fractured. Dangerous symptoms have supervened, and the patient's condition is causing his friends great alarm. Eussia threatens to blockade the Japanese ports, unless her demands are satisfied. The Special correspondent of • Tne Times ' wires that the Japanese are resolutely opposed to Eussian dictation in connection with the peace treaty, and that she even contemplates defiance, in belief that - the Russian forces iv the East are unequal to the task of enforcing the demands. The Japanese are increasing the defences of Port Arthur. ■ ' ■ The steamer Tibet, with French troops for Madagascar, ran ashore in the Suez Canal in a bad position, and is blocking the traffic. , . ' ' It is stated that the Armenian commission he* found the atrocities proved. Oscar Wilde denies everything, and represents himself as the victim of blackmail Taylor swore he was absolutely innocent of- the charges brought against v him. :" Mr Edward Clarke, counsel for the adoused, made an. eloqnent address to, the' jo-y, in which he claimed an acquittal, on the ground that tho chief witness for tbe prosecution was a msn of ! questionable reputation. The judge sums „un to-day. , The Queen has returned to Jiogland in excellent health. The marriage of Lord William Jiereslord and the Duchess of Marlborougn has been celebrated. _ . Lor&Eosebery, speaking. m tho House of Lords, said the vast changes proceeding on the two continents outside Europe would involve the solution of anxious problems in connection with the British foreign policy. , The United States is mediating m the dispute between Great Britain and Nicaragua. Eeports from Washington state that a settlement is likely to take place within two days. , The wool sales opened yesterday with a catalogue of 13,905 bales. There was a fair attendance, but the lots ottered proved to bo a poor selection, and competition was weak. The Home trade were the chief buyer*, tho foreigners doing nothing, and much of the wool offered was withdrawn. Good sorts were about par with March prices, and inferior 5 per cent, below them. The Cuban insurgents have been twice defeated with great loss. A cargo of Victorian wheat, ex Mi«ronesia, was resold at 25s 64. m Tbe .' Times ' cautions the public against repeating the mistake of recklessly lending money to tbe Australian colonies', thereby inviting needless loans. Breads vrith gratification the statement of the Premier of Victoria that be has no mteniipaofbortowmg. The death roll in connection with the ■Rnusev reservoir disaster has reached 110 ' "The dam was 66ffc broad at the base And COffc deep. ' - New Yobk, May 1. '? ' Beporta have reached hero that a party of 200 Spanish soldiers were surrounded .and massacred by the Cuban insurgent8 ' Calcutta, May 1.

Umra Khan, his cousins, and 400 of hi followersColonel Gateacre's brigade waded knee deep through 6ix miles of snow in thi Inw.'iPass. Sypney, May 1. The ' Daily Telegraph ' says that Wev Z°alnnd, in mnking her loan venture, haj the distinct advantage over her Australia! neighbo-s, a3 neither syndicates noi dealers hold any of her existing loan*, al; having gone into the hands of bona fids, steady investors. B>th New Zealand and South Australia, it considers-, have shown by the best of all evidence that they can shape their finances so as to resist temptation to borrow in England, and therefore it is natural that their securities should stand relatively high in London. New Zealand, it adds, is new, in the face of many drawbacks, reaping its reward, and the paper wonders how much of the Advances to Settlors loan will find its way into the banks — possibly a considerable amount — and last yea r s strained condition o? some of her local institutions will thereby be more widely relieved. The • Tolec;raph ' considers that if Now Zealand can borrow at 3£ percent, net and lend at s,'par cent., there will be a safer margin upon which to conduct her agricultural business than the 1 per cent, margin originally proposed. The ' Herald ' can hardly see what is to be gained by the change from 3$ to 3 per cent., as the money will probably bo borrowed at an equivilent to the former price. It fears that an objectionable use of the nominal rate of 3 per cent, will be j made by the politicians, in order to make j the leans to farmers appear to be profitable. A record in long-dis l ance telegraphy was made on Sunday, when the Sydney officials communicated direct with those in Perth, the distance being 3140 miles, j A splendid circuit was obtained. At a meeting in the Town Hall, attended by 14,000 people, it was resolved to ask the Government to appoint a Eoyal Commission to reopen the case of Dean, the alleged wife-poisoner. The Government consented to the course. Dsan has been released from soli'ary confinement pending the result of the Eoyal Commission. The Premier, Mr Eeid, states that the Government have no present intention of raising a loan, even under the present very opportune conditions. Tho action of New Zealand in raising a 3 per confc. loan ia regarded by him simply as the outcome of the extraordinary favorable state of the market. A year or two ago, Mr Eeid says, such a proposal would havo invited certain failure, and its success is evidence of tho favor in which Australian securities are regarded in England. A peculiar case has been commenced in the Equity Court against the Commercial Bank of Australia. The plaintiff, who is a lady, seeks to recover possession of a cheque for L 2700 and a deposit receipt for L7OOO. The statement of claim alleges that while plaintiff's son-iu-law was in the service of tho bank he misappropriated tho funds of the institution, and that the inspector of the bank offered to release LSOOO of a deposit receipt of L7OOO, the balance remaining on deposit, the whole amount being held under the reconstruction scheme, if plaintiff would pay the defalcations. Plaintiff, under pressure, complied with the request, in order to save her son-in-law, and she now seeks to have the settlement declared void. Beisbane, May 1. Several cases of leprosy have been reported to the authorities, One is said to be that of a white boy living in a large northern town. Melbourne, May 1. At a meetmg of the Biverina Frozen Meat Company, the chairman said he had chartered a steamer capable of carrying 750 head of live cattle, and that it was intended to thoroughly test the trade on a lar#e scale. He also mentioned that Australian tinned meats are rapidly forcing their way into favor in England , to the exclusion of the American article. The directors of the Central Broken Hill mine recommend the shareholders to sell the property for L 175,000 to a New York syndicate. The Premier. Mr Turner, has replied in bitter language to the 'Argus's' article, which commented unfavorably on his connection as counsel for the defence in tho Greener gun case. Mr Turner says he would sooner throw up the Premiership than sacrifice the interests of his clients, who have relied upon him for over 10 years. In reply to the charges that ho has brought discredit on the colony by his action, Mr Turner says the ' Argus,' by ius leading articles, has dragged down the coloDy's securities until the colony was nearly ruined. Hojbabt, May 1. Next session the Government will introdnce a bill liberalising the franchise for tho Legislative Council, and proposing the one-uian-one-voto qualification for the Legislative Assembly. . The Fruit-growers' Conference, which has now concluded, was a groal success. A Foderated Association of Fruit-growers was formed;

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https://paperspast.natlib.govt.nz/newspapers/ME18950503.2.10

Bibliographic details

Mataura Ensign, Issue 17, 3 May 1895, Page 3

Word Count
1,824

CABLEGRAMS BRITISH, FOREIGN AND INTERCOLONIAL. Mataura Ensign, Issue 17, 3 May 1895, Page 3

CABLEGRAMS BRITISH, FOREIGN AND INTERCOLONIAL. Mataura Ensign, Issue 17, 3 May 1895, Page 3