LATE CABLE NEWS.

New Zealand Mail, Issue 955, 20 June 1890, Page 17

LATE CABLE NEWS.

By Electric Telegraph.—Copyright. (PER p-RKSS ASSOCIATION.) London, June 17. Miss Mary Anderson, the well-known actress, was married in London to-day to Mr Navano, of New York. Rev Dr Jeffries, Chairman of the New South Wales Congregational Union, has been invited to accept the pastora e of New College, Hampstead. The Directors of the Bank of New Zealand are unaware oi the authority of the Standard’s statement that the New Zealand Government will assist the bank to weather its difficulties. [The New Zealand Government state that there is not the slightest foundation for the assertions made by the London Standard.] The Duchess of Fife lias been delivered of a stillborn child. Mr Goschen promised the AgentsGeneral a written answer as to what the Government would do with reference to the proposals for sharing in the cable guarantee. Mr W. H. Smith, in the flou-e of Commons, gave notice of a resolution to resume the Government Bills at the same stage next session. Mr Gladstone approved the action of the Government. Mr Smith announced that he would proceed with the Tithes, Police, Western Aun ralian Enabling, and Local Taxation Bills, and carry over the Irish Land Purchase B 11. The agreement between England and Germany over the East A’rican question has been signed, and it turns out that the forecast published b}’ The Tunes was correct. Germany touches the Congo frontier from Lake Tanganyika to the first degree of south latitude. Zauzibar cedes the sovereign rights of the East Coast to Germany and England, while the latter cedes Heligoland to Germany. Germany receives a free transit to Lake Nyassa and the Congo, and surrenders the coast line from VYitu to Juba, leaving England without a competit r except Italy to the: borders of Egypt. London, June 18. The Bank of New Zealand shares have risen 10s. The English and German press generally applaud the settlement of the East African difficulty. The Emperor is represented as being delighted at the cession of Heligoland. Silver is now quoted at 48$d. Tallow—Best mutton, 26s to 26s 6d, i ditto beef, 25s to 25s 6d.' ' *' " - ' ; 1 Line If. ft is rumoured that Mozambique have been sxni io Angola to repel English aggressioi . A Portuguese journal predicts that a serious conflict will take place at Mozambique. St. Petersburg, June 18. The Nihilists’ Committee has announced its intention to resume energetic action for the purpose of putting an end to absolutism, which in Russia takes tpe. form of insupportable despotism. Arrests are numerous. Cairo, June 17. Reports have reached here that the

MahdlS h&J-s Released the Europeans imjphisohbA at Khartoum. Buenos Ayres, June 18. The Government of the Argentine Republic has cancelled 30,000,000 of illegally-issued dollar notes. New York, June 17. By an explosion in a mine at Dunbar, Pennsylvania, 50 miners were entombed. Washington, June 18. The Senate passed the Silver Bill by 42 to 25. They declined to limit its operation. The Bill approves silver cerfciflcafces being a legal tender, and enaofcs unlimited coinage when -the value of silver to that of gold is as 16 to 1. The measure has been referred to a conference of both Chambers. [An American correspondent lately wrote; —All business men are in the best of spirits over the certain passage by Congress of a Bill giving us an increased circulation of silver. “Circulation,” however, does not mean that the huge spheres of white metal known as silver dollars will . really get more largely into the hands of the public, but simply that such coins having been minted will be staoked away in the vaults of the treasury and neat-looking piper certificates cf deposit issued in place of them. No American if he can help it will ever use coin, whether silver or gold, except as small change, and one of oar standing grievances against England is that she forces us when within her borders to liquidate our daily expenses for food and shelter in such absurdly small and elusive things as sovereigns and half ditto. Our great grievance at home recently, however, has been that we have not had enough circulation of any kind, whether paper or gold or silver, to meet .the current demands of our business ; and this, coupled with what seems to be the very generally accepted fact that gold is steadily rising in value, has depressed prices andconsequently made us feel . poor and unhappy. But now the Government is about to emit at least 2,500,000 dollars mors a month, and tha prospect of this has brought joy to the hearts of many people on.at least two continent*. Thus in Loudon silver has rushed np in a week to 4s Id an ounce, and India paper from to £7B ; and there has been in the New York stock market a general ri->e in the 7,000,000,000 dollars of securities enrolled upon its official list of about half the same perceutaga. Arithmeticians can figure out from that the financial equivalent of the buoyancy that has suddenly elated us. The new Silver Bill, however, has this permanent importance that it commits us to the policy of preserving the white metal as a standard of value, either with or without gold as a companion. And taking into account the enormous absorbing capacity of the American market, this may perhaps for some time counteract the hitherto almost unoheeked rise in the value of gold as a factor iu lowering pricos, and iu forcing debtors to pay to their creditors a greater amount in prinoipa! and interest than was contemplated in the original contract of loan.] Adelaide, Juiie 18. The captain of the ss. You Yangs states that the compasses became affected by the cargo, and put the vessel off her course. Brisbane, June 18. Heavy floods have been experienced in the south-west districts, and Cunnamulla, a town situated on the east bank of the Warrego river, County of Wellington, is inundated. Sydney, June 18, The Intercolonial Seamen’s Union Conference commenced its sittings to-day. Arrived —Tekapo, from Wellington. Arrived—Jubilee, from New Zealand. Dr McLeod, convicted of bigamy, was sentenced to three years’ imprisonment. The Seamen’s Union has decided to institute an Executive, with a permanent Federal Secretary located in Syflney. SPECIAL. London, June 18. Dr Farrar, Archdeacon of Westminster, has been offered the Deanery of Manchester. 11 is understood that Mr Gosclien does not intend to lecede from the position taken up with regard to the cable subsidy and the guarantee. It has been stipulated that the residents in Heligoland shall be five from conscription, and the customs duties shall not be altered for 20 years. Lisbon, June 18. The Portuguese Government requires the bui'ning of their flags in the Shirs district to be explained. Madrid, June 18.

The cholera is sporadic (that is, it is occurring in single and scattered cases, and is not epidemic.)