LATEST CABLE NEWS.

Pahiatua Herald, Volume II, Issue 138, 20 April 1894, Page 3

LATEST CABLE NEWS.

(Per Piih Association.) t»y EUctnr IVlpgraph—Copyright. R*c*ivr<l 1.45 a.m. N Z.L. ft H.A. Company. London. April 19. | Thr policy of th« new Board of I Director* of the X.Z.L. and M.A. Com- ; par.j la favourably received in the •it*. Fair Play, commenting on the re- i ronetrnction acbeme. <iji Baron j Sehrc der, who la ma.tvr of the aituation, haa agreed to do hie beat to carry it oat if the shareholders fulfil their part of the eonditiona. If share | hold, ra apart the echeme they will hare to meet forced ealla to the utmost extent of the liabilitiea, beaidre losing a magnificent bnsinesa, which is capable in competent bands of recover mg past losses If, on the other hand they accept the scheme the calls will he deferred, the total amount will be reduced, the busineaa will be preserved and the colonial exporters will have under their own control a valuable portion of their exports. ! Under the circumstances Fair Play assumes the shareholders will not hesitate to arc. pt the scheme, as they hava absolutely nothing to lose but much to gain Even the board of directors with Mr Martin, as chairman, and barked up by Baron Scbroeder. contrasts favorably with the old ' directors. The paper goes on to say il will be necessary to regain the good will of the shippers by remembering where possible those whoso consign meat, wen eonfiecaud by having been merged in the general assets of the t Uoiupaav sfter the suspension of business. To prevent the recurrence of such possibilities a clai se should be inserted in the articles of associa tion to provide that all such consignments and money arising therefrom be held mi trust by the Company, as trustees for the consignees. Fair Play strongly commends this step to the consideration of the Board and dwells on Mr Martin’s intimate relations with powerful shipping companies. While on the question of j shipping it also urges consideration should be given to the scheme for assisted emigration. Missing. London, April 19. The ship “Mercator,” 112 H tons, which left Geelong on September Kith for Fnglish Channel to receive orders, hss been posted at Lloyd's as missing. A Suspected Spy. Rome, April 19. j i General Goggio, an oftiovr in the I-.alls:, -rmy, has been arrested in Monaco on suspicion of being a spy. i A number of incriminatory documents i were found in his possession. Trouble Ahead. Washington, April 19. | Coxey's Labor Array is expected to i as*, mbit in Washington on May Pay. I ' and the Government are afraid it will lead to disorder. Rejected. Beilin, April 19. The Reichstag has rejected the i principal clause in the Tobacco Taxation Bill. Hobart Exhibition. London, April 19. Austria, France and Germany will not :al« any steps towards securing representation at the Hobart Exhibit, tion until the issue of the Royal Com- ' mission. It is probable Lord Ripon will be president of the commissioners, whose mera'iers will include Lords j Gonnauston, Knatsford. Hirschell, < and Hamilton. The Duke of Fife ! and Duke of Saxe Coburg Gotha were asked to accept a seat on the commission. but they declined. Weaker than Usual. London. April 19. 1 It is expected that when Nolan's hill amir, to division the voting power of the Unionists will be one-third below the strength of the party, as it is known the Government has no intention of proceeding with the measure. Beer and Spirits Duty. London, April 19. The Daily News says that Sir W. V. Hareourt. in response to pressuie brought to bear hy the Irish and Scotch members, will limit the pro- ; i- ‘S>d increase- in the beer and spirits duties. Prices of Game. London, April 19. A shipment of black ducks by the i Cuzco are bringing Is 9d each and I teal lOd. rabbits. Is to la 2d, although ! a few of the latter are only realising 9d Received 7 p.m. Nolan s Bill. London, April 19. The Bill introduced in the House of Commons hy Colonel Nolan, member for Galway North, for the repeal of the Ineh Crime* > r.' «a* read a second time on di*| tlo n by a majority of six vote* An Old Humbug. London, April 18. Sir Thomas Mcllwraitb, of Queensland. paid a visit to the Salvation Army farm colony at Iladleigh, and h. naa so pleased with what he saw that he afterwards wrote to General Booth expressing hi* high opinion of the scheme and complimenting the Army officials upon their administration of settlement. Pleading for Clemency. WaSHiNQTox, April 18. The United Government has unofficially intervened with President Piexoto to obtain clemency for the Brazilian insurgents. A Big Seixure. Paris, April 18. The French police have seized forged hank notes to the value of a is f * YnilltATi frtve*

An Inhuman Wretch. Brlisels, April lg. Madame .Tousdux, a lady well-known in high society in Antwerp, has been arrested on a charge of poisoning her uncle, brother, and sister in order to obtain the amount of their life insurance policies, which represented the sum of six thousand pounds. The victims died by slow poisoning. Received 10 30 a.m. Making Assurance Doubly Sure. Rio de Janiero, April 19. News has been receivtd that the Gustave, not knowing the Liquidator bad surrendered, fired a torpedo at hi r off Desterra on the southern coast of Brazil. The rebel flagship was sunk and many of those on board were drowned. The Royal Wedding. Berlin, April 19. Enormous crowds have gathered at Coburg to witness the wedding. Tin Kaiser, the Prince of Wales, and the Czarwitch were received by the people with great enthusiasm. Still Being Examined. London, April 19. The examination of the Loan and Mercantile Agency Coy. Directors was resumed to-day. 11. -I. Briclow said the shares in the Waikato lands were taken in fulfilment of an agreement with the Bank of New Zealand in IHN7 that if the Bank took up the Auckland Agricultural Society's loan the Land Company was to take over the Waikato lands from Mr T. Russell. He was positive the opinion re the alte>red prospects of the Company was sub mitttd to the Directors despite Mr Mundella's belief to the contrary