CABLEGRAMS

Otago Daily Times, Issue 9382, 23 March 1892, Page 2

CABLEGRAMS

BRITISH AND FOREIGN. [By Electbic Telegraph.—Copybight.] (Special to Pbess Association.) SHOCKING, IF TRUE. London, March 21. (Received March 22, at 7.50 p.m.) It is rumoured that a workman named Grate caused the explosion in the colliery at Charleroi. THE GUELPH FUND. The Globe says it is enabled to state on diplomatic authority that the Czar persuaded the Duke of Cumberland to accept the Guelph fund in order to conciliate the Queen and detach England from friendship with the Triple Alliance and turn her into an ally of Russia's. THE BEHRING DISPUTE. Lord Salisbury has replied to the Washington Note. It is rumoured he has declined to renew the me Jus -vivendi. THE CRISIS IN GERMANY. The Prussian Minister of Instruction persists iv his intention of resigning. Conflicting reports are prevalent of Count Yon Caprivi's intentions. The state of Emperor William's health is unknown, but nrysterious rumours are current about it. It is expected Germany will increase her navy. THE RUSSIAN NAVY. The Russian Government has decided to build four ironclads, one cruiser of a very large size, two ships for coastal defences, two torpedo cruisers, one torpedo gun vessel, two despatch aud 10 torpedo boats—all to be completed by the close of 1896. GUNSBERG'S BANK. The liabilities of Gunsberg's Bank are now stated at two and a-quarter millions, with assets amounting to about 30 per cent., but it is doubtful if they will realise so much. MISCELLANEOUS ITEMS. Two of Pritchard Morgan's estates, valued at L 40,000, have been seized as security for costs in the suit brought against him to compel him to pay royalty on his Welsh gold mine. He was unsuccessful in his resistance to the claims of the Crown. A bomb was discovered in a sewer in Paris. (Received March 22, at 8.15 p.m.) News has been received at Rome from Massowah that Captain Beltini and escort were massacred while on a visit to Amhara, a province of Abyssinia. Mr Lasker is the winner of the National Chess Tournament. Mr Gossip, of Adelaide, was last. Sir William Robinson is slowly recovering from his illness. He has not yet decided whether to accept the Agent-generalship of Western Australia or not. G. W. Hastings, the fraudulent 81.P., has been formally expelled from the House of Commons. Bishop Vaughan begged the Pope to let him remain at Salford. The Queen has gone to Hyeres, in the south of France. The Indian budget shows a surplus, the famine having only occurred towards the close of the financial year. March 22. (Received March 2:S, at 1.30 a.m.) The Hey. Hong Cheong gave a lecture to the members of the House of Commons on the opium traffic. He urged England to develop the coal deposits of China.

The Pope has formally nominated Bishop Vaughan to succeed Cardinal Manning. Financial papers criticise the Victorian policy outlined by Mr Shiels adversely. (Teh Prksh Association.) MONETARY AND COMMERCIAL. London, Maroh 21, (Received March 22, at 10.45 a.m.) Mr F. O. Licht, sugar expert, estimates that the productions for the last six months show a decrease of 165,000 tons. He estimates there will be a deficit on the campaign of 195,000 tons. & (Received March 22, at 7.50 p.m.) Wheat has fallen Is during the week. Silver, 3s sd. Cape apples are fetching 3£d at Covent Garden, and grapes and peaches also command high prices. At a meeting of the Australian and New Zealand Mortgage Company, Mr A. Flower, chairman, said the directors considered it advisable to invest the reservo in Imperial securities in preference to colonial stocks. Their action was approved by the shareholders. It was mentioned that a total of L 38.000 was invested in New Zealand, but it was not intended to increase the amount. GENERAL ITEMS. Policy-holders in the Australian Mutual Provident Society intend to hold a meeting to agitate for the extension of the business to England. It is now reported that it is Colonel Harman, of the Artillery College, Woolwich, and not Colonel Walker, who has been nominated as military adviser to the Australian colonies. It is reported that Mrs Osborne, sentenced to imprisonment for perjury in connection with the pearl case, is in a comatose state, Henry Lister and Son (Limited), of Huddersfleld, are bankrupt. The liabilities are over LIOO.OOO, and the assets L 28.000. Lord Glasgow declines to ask for a warship to convey him from Australia to New Zealand. Arthur Goring Thomas, dramatist, committed suicide by throwing himself in front of a train. The Government have consented to appoint a departmental committee to inquire into the treatment of habitual drunkards. Prince Bismarck has been taken suddenly ill. The prosecution of the Cologne Gazette for hostile criticism on the Emperor's action regarding the Education Bill has been abandoned.