LATE CABLE. By Electric Telegraph.—Copyright. (PER PRESS ASSOCIATION.)

North Otago Times, Volume XXXVII, Issue 8124, 8 November 1894, Page 2

LATE CABLE. By Electric Telegraph.—Copyright. (PER PRESS ASSOCIATION.)

Received November 8, at 1.10 a m, Sydnkv, November 7» Sailed, to-day— Waihora. The Colonial Treasurer brought down his Budget iii the Legislative Assembly to* night, which showed a deficiency for the year 1891 which amounted to L 372,000 f the rovomio having fallen L 465.000 below the Lite Treasurer's estimate. The revenue for the half-year ending 30th Juno next wai 1/1,970,000, and the expenditure 1/1,801,000. Tlio Treasuior said the Government in» tended to bring forward their proposal 1 * with rog.iid to taxation in March or April noxt, and he contented himself with merely giving the statement of the present financial position of the colony.

iSirAMJirAi, November 7. Prince Kuug assured the Foreign Minb* tct.s in Pe kin that China was unable to withst md tho Japanese invasion, and ap> peiled for their intervention to bling tho war to a close. Ho said China was witling to ab mdon Coroa to Japan and pay a war indemnity. Neither Great Britain nor France will Ukc tho initiative in procuring a ccßi'ition of hostilities, although they aro willing to unite with tho other Powers in doing so. Tho Japanese have captured Foochow, on the Gulf of Liatong. Li Hung Chang has been ordered to Pckin.

Mivlboubn'e, Nqvombcr 7« Sailed, to-day— Tarawcra, for Bluff.

London, November 7. Tho ship Lady Liwrcnec, overdue from Geolong to Grc.it Biitain, ws spoken off tljo Irish coast on tho l»b Imi. Sir William M'Gregor remains afc New Guinea for a further term of four years. ( Tho Timed think-} the tcrm3 offered by Chini for tho declaration of peace are inadequate. Tho Telegraph's correspondent wirc3 thab Japan demands tho evacuation of Corea, the creation of a buffer state between Corea and China, tho paymonb of a war indemnity of forty millions sterling, and tho cession of Formosa or its equivalent. Seven British steamers, loaded with cotton from Savannah, in tbo United States, were found to bo on fire. The outbreaks aro attributable to jncoudiarisqi on the part of the strikers. Bishop Kcnnion was entertained at a bmquet at JJath, In replying to the towfe of hia Ijealth ho declared that his Austraiiiq experience allowed that tho a.lvantago of tho disestablishment of the church waa illusory, there the je-tlousieg of sects weta intensified, and tho piospfjo^ ©J M-naiQa if«e mm &m »« JSpglaa^. n

Vauw, November 7. The French Clovormnent him bent General BoiedcflVo and Admiral (Icrvaiso to Bt. Petersburg on a mission of sympathy in connection with the (loath of the Cztir. The French expedition to Madugaacfir is unlikely to land until April ; in the moantime warships will blockado tho coast.

Be Pi'/rKUHJuma, November 7. Tho Czar Nicholas lias opoeially invited tho Duko of York to attend the funeral of the late Czar, Secret printing presses for tho dissoniina. tion of scclibioua publications have been diacovered in Kioff, Kharkov axd Nicolaycff. .Eighty arrcata woro ltiudo.

Washimjtov, November 7. Tho elections havn reunited in an overwhelming smcccau of tho Kopublicu.it party in New York State and city, ami tho Tammany ring candidates woro uofcatcd by largo majorities.