SPECIAL TELEGRAMS.

New Zealand Herald, Volume XXIII, Issue 7791, 10 November 1886, Page 5

SPECIAL TELEGRAMS.

[press association.] PROFESSOR MACCULLUM. London, November 6. Professor Maccullum, recently appointed Professor of Literature at the Sydney University, sails by the Orient. THE MERCANTILE BANK OF MELBOURNE. London, November 6. The Mercantile Bank of Melbourne commences operations here on the 15th inst. failure of Australian mer. CHANTS. London, November 6. Messrs. Young Lark, Australian merchants, who failed in January, 1884, have again stopped payment. On their first failure the firm agreed to pay 15s in the pound, which the creditors accepted. The Standard announces that another instalment of 2s Id has been offered, making altogether a payment of 13s 4d in the pound on the old debts. A meeting of creditors will be held on the 11th inst., when it is understood a similar offer will be made to the new creditors, viz., 15s in the pound. [REUTER'a TELEQBAHS.] MR. GLADSTONE AND THE LIBERAL PARTY. London, November 9. Mr. Gladstone states that when the Irish proposals of the Government are submitted, it will be the best time to re-unite the Liberal party. THE LONDON SOCIALISTS. London, November 7. The Socialists have abandoned the idea of forming a procession to follow the Lord Mayor's show on the 9th. Instead, they will hold a mass meeting in Trafalgar Square. FEDERATION AND DEFENCE. London, November 8. Sir Graham Berry, in a paper read before the Colonial Institute, strongly favours federation on a defence basis. He also holds that the Imperial foreign policy must include the effective protection of colonial interests, in the event of which the colonies would recognise with alacrity the necessity of sparing no expense to give effect to it. ART AT THE ADELAIDE EXHIBITION. London, November 8. The Duke of Cambridge, the Earl of Granville, and Sir Fredk. Leighton will interview Lord Randolph Churchill, with the object of asking for a grant of money for art representation at the Jubilee Exhibition. BOAT RACE. London, November 8. Ilanlan's crew won the champion four-oar race on the Thames. THE S.S. TAINUI. Rio Janeiro, November 8. Shaw, Saville and Albion Company's s.s. Tainui left yesterday evening. Her cargo'-of frozen mutton , , is in good condition.