NEWS BY CABLE.

Opunake Times, Volume III, Issue 155, 27 December 1895, Page 2

NEWS BY CABLE.

ENGLAND AND AMERICA. New York, December 23. The New York Herald says the Yeuezuela boundary question was started long before the Monroe doctrine and adds that the dispute does not threaten a vital point of the doctrine. The paper also thinks the President's message violently stretches the provisions of the doctrine. Senator Hall has introduced a Bill to authorise the construction of six new warships for costal work, at a cost of four million dollars each, and also 25 torpedo boats. The presidents of a majority of the chambers of commerce have endorsed the President's message, but they do not desire an outbreak of war. The New York exchange replied to London exchange, " Hope your warships are better than your hachts. In a message to Congress, Cleveland asked the House to promptly relieve the danger of a depletion of the gold reserve. This was necessary to allay the fears of the people and reassure the world that the resources of the United States were equal to every obligation. The Senate unanimously passed a Bill setting up a Commission in connection with the Venezuela boundary dispute. The Senate has ordered enquiry into the proposal for immediate adoption of free silver system. The Senate recorded the chaplain's prayers on behalf of peace. Baltimore merchants have petitioned Congress to arbitrate. Cleveland's second message is badly received. The President has signed a Bill appointing a Commission, the members of which will probably visit Madrid and The Hague to examine ancient records bearing on the subject. It is stated that high officials have informed the Washington Government that researches of the Commission will probably confirm England's claim. The New York World implored Mr Gladstone to speak words of peace and of fellowship to soothe the passions and check the clamor of Americans. Mr Gladstone cabled that he dare not interfere ; only common sense was required. Vienna, December 24. A panic has occurred on the Vienna Stock Exchange, resulting in enormous losses and scores of failures. Rothschilds intervened and bought 50,000 shares. Washington, December 24. The total personnel of American navy is only 1446 all told. Secretary Herbert says there is not a man available to form crews for merchant cruisers. Now York reports concur that the situation has improved severe financial losses, having aided to restore reason. London, November 28. The London exchange is extremely depressed, and there has been immense sacrifice of American stock. The London Provincial aud European exchange closed last night more quietly, but heavy sales were effected. Canada has asked for 20,000 magazine rifles. The Times points out that the difficulty emphasises the need for a fast At'autic line to Canada. Venezuela is blustering on the strength of President Cleveland's message. GOLD IN A GARDEN. Sydney, December 24. The drought, which generally spells anything but good fortune, has proved a godsend to one man residing at Currajong, near Parkes. Having run out of water he began to siuk a well in his garden, aud before going far ran foul of a reef. The first blow of the pick broke off a pb.co of immensely rich stone, containing about 14oz of gold, and two dishes of stuff taken from the leader is estimated to contain 40oz. He contoutel himself without searching further for water, and went and sold half the interest in the well. ARMENIAN MASSACRES. London, December 24. It is reported that twelve thousand Armeniaus massacred the garrison of Leitoun and fivo hundred other Moslems, in revenge for which the Sultan has ordered Mustapha Pasha to ravage tho city and destroy the Armenians. London, December 24. Jabez Balfour is to be tried again in order to settle whether the evidence in the House and Land Trust case is sufficient to sustain the conviction. King Prempeh has arrested two Englishmen at Coouiassie, on the ground that they are spies. Melbourne, December 24. Michael William Fergusson. stationer, Essendon, has filed his schedule ; liabilities, £503,000 ; assets, £OO,OOO. The insolvency is attributed to transactions and losses in the depreciation of land.