LATE CABLE NEWS.

New Zealand Mail, Issue 1205, 5 April 1895, Page 25

LATE CABLE NEWS.

London, April 3. Mr Albert George Sandeman has been: elected Governor of the Bank of England., [Mr Sandeman was Deputy-Governor last year.] Since the recall of Colonel Monteil, the leader of the French expedition in the* north-east of the Congo territory, the chief Samory has reconquered the Kong and. Ljunini country, killing or enslaving 13 0/a JO people. The Scotch depositors have favourably received the proposal of Mr Thomas Loader, Chairman of the Melbourne Board, of Directors of the City of Melbourne! Bank, who is on a visit to Scotland, that, they should accept the reduction in the rate of interest. The depositois i-ecognise the necessity of some concession being made by them, and the scheme will shortly be submitted to a meeting. Further eviction troubles in Kerry are' reported. On one farm 40 cows were mutilated. The Board of Trade is calling a. conference to settle the boot strike. Under the name of the Imperial League, a mutual trade scheme has been started, which has been joined by the leadingLondon financiers and merchants. Colonial representatives are invited to attend a conference to-morrow.

The Standard says the Pamir agreement, recognises Lake Victoria as the southern boundary of the Bussian sphere. Portions of the Shignan and Roshan, lying to the right of Oxus, are shorn from the Ameer’s territory, and Bussia will be allewed to annex the valleys of the Ghund and Shakh Dara Bivers. A neutral strip divides the British and Bussian. spheres, and Russia is effectually debarred from the entrances to the passes over PXmdoo Koosli, leading to Hunza, tins Nagar Valley and Chitral. How that the conditions of the Victorian, produce contract are generally known, shipowners aro less likely to tender. Several consider the contracts should bo arranged at Melbourne, Melbourne, April 3. The Age, referring 1 to the growth of the export of produce trade, says that during” the last four years there has been a decrease of £7 24,000 in the export value of wool, wheat and flour, against an increase of TBBB,OOO in the value of the frozen meat, bacon, and dairy produce exported. Bitter experience has taught the Victorians, agriculturist that there are other products* the world demands more than the wool ana wheat which they are pre-eminently in a. position to supply. The development of the new lines has more than counteracted the decline of wheat, which until recently were looked upon as the main supports of the farmer. The figures point to the conclusion that the prospects of tl::e farmers are far from hopeless. Wheat-growing will have to take a subsidiary place iu the export trade of the colony in future. Paris, April 2. Several French newspapers persist in declaring that the collision between tin* steamers Alvah and Binkhorn was due to British malice.

The Government is' willing to admit live cattle into France, provided the veterinary certificates as to their healrli are endorsed by the colonial Consuls. The French Government has subsidised the Messageries-Maritimes to run a weeklyservice to Alexandria direct, a line to Mauritius, and a rapid Indo-China service, stopping at Bombay. The object of the last service is to compete for the Indian trade. In the Senate M. Loubet said the French colonies were costing three millions per annum, and the amount was increasing every year. The time had arrived wheu they should consider whether for the motn sake of vain glory unprofitable colon! • > were worth preserving. Constantinople, April 3. It is reported that the Sultan intends t > unite the provinces of Armenia into on * Government, the gendarmerie to inelwi.j both Chirstians and Moslems. Berlin, April 2. Five thousand students marched to Friedriehsruhe to congratulate Prim-' > Bismarck on the anniversary of his birthday. The Prince, in replying to their felicitations, referred to the value of peace, an- A declared that when Chancellor he h;v 1 yielded on the Caroline and Samoan questions, despite the great value of tbo. : ■ < places in the matter of colonial expansion , in order to avoid war. He alluded to the* receipt of presents and telegrams froi i German residents in Australia, and also t » the enthusiastic celebration of his birthday in London and America. Berlin, April 3. Prince Bismarck received a million loiters and ten thousand telegrams. The Kaiser has wired to Prince Bismarck “ God bless and render you liapj r in the evening- of your life. .You are a inn x who will ever remain tno pricle of th > German people.” Algiers, April 3. The Czarewitch (the younger brother • f the Czar), who is staying- at Algiers, is m >, critical position, ms lungs being nilcoted. Sydney, April 3. An intercolonial conference to devise t! o best means of dealing- with the rabbit pc n opened yesterday. Mr Carruthers, Minister of Lands, sn'-1 the object of the Conference was to dev.i. » a scheme by concerted action for red neb • • • the numbers of the pest in a cheap an 1 wholesale manner, and making the rabbio contribute the cost of his destruction I r the sale of skins and carcases. Since tl * introduction of the Rabbit Act in 3883 ti > New South Wales Government had spe: : considerably over A 1,000,000 in destroyi : - rabbits and protecting the landholdc \ from tne ravages of the pest. The prose at Government had some 7,000,0;:.) acres .a the Western and Central Di i-hms on ks hands, and this country had Wenadaudoned oniony on account- cl - ravages •>£

The Conference resolved that its dee-reiohs ■should be- on the basis of the 'State, in co-operation -with the occupiers of land, undertaking' the destruction of the pest. In the Legislative Assembly, the Premier stated that the sum. advanced to th© Government by the Savings Banks 'was ,£5,159,000, -which had been lent fey Government on mortgage. Of this, <£4,080,000 had been advanced fe> farmers and producers on the security t>£ country lands. With regard to the question of extending the operations of the Savings Banks by making advances to farmers, he said the matter formed part of a very difficult problem which he had been considering for some time. Bowing to feeling in the Legislative Assembly, Mr Garrard has agreed to amend the Conciliation Bill, so that where it becomes necessary to examine the books of a firm, such examination shall be con-' ducted in camera. In the Legislative Assembly last -night, the Conciliation and Arbitration Bill passed through committee, and was reported with<©ut material amendment. An order has been granted to wind up the Daily Past Newspaper Company, recently established to run a Labour organ. The petition was lodged by the foreman and a composites-, for unpaid wages. Melbourne, April 3. The railway receipts for the eight months decreased by .£120,000 as compared with the same period of last year. The train mileage vras reduced by 364,000 miles, and the expenditure reduced by £67,000. The profits on the working of the railways for the period named were £737,000. The recommendations of the Tariff Board -will include a proposal for the establishment of a Board of Trade.

The Postal Department has decided to abolish letter - cards after the present stock has been, exhausted. With the view of ending the vexatious war of differential border railway rates which has raged for a long time, the Railway Commissioners have invited the New South Wales and South Australian Commissioners to a conference on the matter-. The Coal Test Board has reported adversely on the-, proposal to use both brown and mixed brown and black Victorian coals for locomotive purposes. The owners of the brown coal reserves are advised to develop the demand by patenting a special stove, in which the capabilities of the coal would be turned to good account. Commenting on the South Australian co-operative village settlement scheme, the J\.ge says that if any reliance is to be placed •on the statements made by the Ministers who recently visited that colony, the scheme is not unlikely to solve the problem of the unemployed. There are, it says, hundreds of thousands of acres along the Murray suitable for intense culture; while the river at the very door provides a ■cheap and ready high road to the market. Final success, however, ig by no means yet assured, as the crucial tdst will come when the Government support is withdrawn, but the outlook at present is decidedly encouraging. The Age ascribes the failure of the Victorian settlements to the unsuitable land chosen, and considers that the method of the promoters, and not the principle itself, was at fault. Brisbane, April 3. Last quarter’s revenue showed an increase of £40,000 as compared with the corresponding quarter of the previous year. The proposed public testimonial to Lady Norman has been abandoned, her Ladyship having declined to accept it on what she terms strong public grounds. A large sum had been contributed. Perth, April 3. The revenue for the last quarter increased £156,000 as compared with the corresponding period of the previous year.