GENERAL CABLE NEWS.

New Zealand Times, Volume LVII, Issue 2412, 18 January 1895, Page 2

GENERAL CABLE NEWS.

1 By Telegraph,—Press Association. — Copyright, s , Received January IS, 0.50 a.m, i MB ASQUITH AND THE NOEWXCH ; CONGEESS. ) ■ London, January 17. Mr Asquith, Home Secretary, addressing ■ a meeting of trades unions, emphatically ’ dissented from tho Socialist motion carried at the Norwich Congress, and denied that ■ its terms represented the opinions of tho ( majority of the workers. The proposal, he s declared, was outside the bounds of reason--1 able discussion. A PHENOMENAL BATE OF INTEEEST ON DEPOSITS London, January 17. 1 The Scotch banks have reduced the 1 interest on ; deposits to 1 per cent., the ' lowest on record. ' » - .. ■ ' . THE WAE IN THE EAST. ' Shanghai, January 17.' It ia.now reported that the. Chinese lost 2000 in the fight at Kaiping, including many officers of high rant. THE NEW GOVEENOE OF VICTORIA. 4 -London, January 16. Lord Brkssey,. who is at present visiting Glasgow, proposes; to sail for Melbourne in his famous yacht the Sunbeam in April. St. James’ Gazette suggests that Lord Brassey aspired to the control of the Admiralty, and is being sent to Victoria to avoid his voting against the Government. Tho Pall Mail Gazette " thinks Lord* Brassey’s special knowledge on the questions of Federation and Imperial defence will be, of benefit to all Australia. : ’' ' QAM A EXT HAEBOUE BOAED BONDS. London, January 16. The Oamaru Harbour Board is deferring 'the payment of its bonds due on the 31st instant. [A telegram from Oamaru states; —The; special cable message referring to the/: Oamaru Harbour Board’s bonds does not indicate any farther default. It is the Eoceiver, not the Board, who has deferred payment of the drawn bonds. The whole question is at present sub judice. The Board’s interest due this month has been properly remitted.] LOED EANDOLPH CHUECHILL. .. London, January 16. Lord Eandolph Churchill is much weaker. INSUBOEDINATION IN THE GERMAN ARMY. - - Berlin, January >l6. ' One hundred and sixty-four non-com. missioned officers in the German army have been sentenced to terms of imprisonment varying -from six weeks to five years, on charges of insubordination.: - n BANK OP SOUTH AUSTRALIA. - London, January 16. The majority of the committee appointed by the shareholders of the Bank of South Australia- are in favour of -proceeding by civil action to recover the dividend paid : from capital. .