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AMERICAN.

Washington, February 14.

The Committee of the House of Representatives to whom were referred the new proposals for the relief of the financial pressure, embodying the issue of a million dollar loan of 30 years, bearing 4 per cent., payable in coin, with the option of substituting 3 per cent, bonds, payable in gold, report that they favour 3 per cent, bonds in preference to 4 per cents. Washington, February 14.< An .explosion took place in a store at Lynn, Massachusetts, which set the place on fire. , Six firemen engaged in subduing the outbreak fell into the flames and perished. Washington, February 15. The House of Representatives has rejected the Committee's recommendation for the issue of 3 per cent, gold bonds. Washington, February 17. Mr Malory, chairman of the Nicaragua Canal Committee of the Bower House, states that America will not consent to international control of the Canal. Washington, February 18. Twenty-five American coasters are overdue, and it is feared that they have been lost in the recent storms. It is estimated that 50 per cent of the cattle in Texas have perished in the snow storms. Hundreds of Cherokee families are living on prahie dogs and horses to avoid starvation. San Francisco, February 16. The court-martial in Honolulu has ended in the conviction of 62 of the rebels, and they will be sentenced to death. The English authorities urge the delay j of the execution of British subjects, pend- [ ing further enquu*ies. • The ex-Queen denies any connection with

the revolution, but it has been decided to place her on trial for misprision of treason.

Germany is also protesting against the expulsion of her subjects. Ottawa, February 16. The Minister of Trade states that the lowest offer for the Pacific cable is from a London firm, and that the amount is .£1,517,000 sterling. The route is to be from Vancouver via Fanning Island, Fiji and Norfolk Island, with branches to New Zealand and Australia. The estimated cost is about half that calculated by the British Postal authorities. London, February 16. The Government Administi*ator at New Guinea, Sir William McGregor, has urged upon the Marquis of Kipon that before pledging the Imperial Government to a definite cable route across the Pacific, a survey should be made via Thursday, New Guinea, Solomon and Gilbert Islands. It is believed the Marquis of Eipon favours the suggestion.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZMAIL18950222.2.110.3

Bibliographic details

New Zealand Mail, Issue 1199, 22 February 1895, Page 32

Word Count
394

AMERICAN. New Zealand Mail, Issue 1199, 22 February 1895, Page 32

AMERICAN. New Zealand Mail, Issue 1199, 22 February 1895, Page 32