CABLE BRIEFS.

Manawatu Times, Volume XXVII, Issue 7828, 29 September 1903, Page 3

CABLE BRIEFS.

, . . ~,. ~ • .. —— ~ Colonel Peart, cheif sec to the Salvation Army, has arrived. He states that General Booth will visit Australia, via New' Zealand, early next year. The Agents-General have' arranged to attend in a body at the Colonial Office and farewell the. Hon. J. Chamberlain. Lord Strathcona, in an interview, declared his entire accord with the Hon. J. Chamberlain's views, and said the change wou[d greatly benefit the Empire generally. The Canadians admired the chivalrous resignation of the Hon. J. Chamberlain. It has been decided to re-arm the British cavalry with a new, light, straight-thrusting sword. The Gun Committee has adopted a 15-pounder quick-firing field gun, firing effective shrapnell at.6500 yards. This is considered to the best of its kind in Europe. Sir Henry Drummond Wolff, in a letter to the Times, says the aims of Austria and Russia are to secure paramount influence in Macedonia on a basis of Austria seizing Salonika and annexing to Bulgaria a strip of the coast from Salonika to Cavala Bay, which would become Russia's enabling her to threaten the Eastern Mediterranean and Suez C^nal. Speaking at the laying of the foundation stone at the new Redfern station, the chief Railway Commissioner warned the Government against loading the capital of the railways beyond their earning power. To put the railways in the position of being unable to earn their way disturbed the minds of English capitalists to whom they had to look for money. The Times, in an article explaining the weakness of investment securities, refers to the realisation of three large deceased estates, bringing three-quarters of a million consuls into the market, and adds that owing to the largo amount of colonial and municipal stocks which are held by syndicates, borrowed mopey every fall necessitates f^esh realisations to proyide farther p'over,