THE CRISIS IN THE EAST.

New Zealand Herald, Volume XXXV, Issue 10697, 10 March 1898, Page 5

THE CRISIS IN THE EAST.

STOCK EXCHANGES DISTURBED. RUSSIA'S POLICY. INTENDED TO HUMILIATE BRITAIN. Press Association.— TeJegnph.-Copvright. London, March 8. Owing to the unsettled condition of affairs abroad serious perturbations have taken place in Wall-street circles, also on the Paris and London Stock Exchanges.

Spanish stocks have fallen three per cent., consols i per cent., and 20 colonial issues have fallen Ato 1 per cent.

The Times says Russian policy in the Far East is, by means of humiliation, to effect injury to Britain in the eyes of Oriental nations.

Replying to a question in the House of Commons the Hon. George N. Curzon, Secretary to the Foreign Office, stated that the disquieting news contained in a cablegram published in the Times with regard to Russia and China had not been confirmed.

The Queen lias postponed her intended visit to the Continent, Indisposition is given as the official reason for the postponement, but it is believed the real reason is the disturbed political outlook.

It is considered significant that the Queen entertained Baron Courcel, the French Ambassador, and Sir Thomas Sanderson, Permanent Under-Secre-tary, at the Foreign Office at dinner in the absence of Lord Salisbury, who is suffering from influenza. The Queeu's indisposition is not serious.

Pbkin, March 8. The Chinese Government have signed the assurance demanded by the Japanese Minister at Pekin that the war indemnity shall be paid by May, The Corean Cabinet has decided to impeach Nun Chong Monk, the Minister for Foreign Affairs, for leasing Deer Island to Russia for a coaling station.