AUSTRALIAN NEWS.

Pahiatua Herald, Volume II, Issue 146, 9 May 1894, Page 3

AUSTRALIAN NEWS.

(By Electrio Telegraph—Copyright.)

(Per Press Association.)

Received 12.30 a.m. Relief Crews. Sydney, May 8. H.M.S. Crescent, with relief crews for the warships on the Australian Station, arrived here to-day. She made a record passage from Albany, covering the distance in less than six days. The Costa Rica Case. Sydnry, May 8.

The Premier has oabled to the Agent-General in London insisting j that the owners and crew of the barque ; Costa Rica packet receive coinpensa- 1 tion fxom the Dutch authorities as well as the captain of the vessel. Shipping. Melbourne, May 8. i Sailed to-day, Talune for Bluff. , Retrenchment in Victoria. Melbourne, This Day. I It is reported the Government ! are contemplating further reductions in the salaries of civil servants, ministers, members of Parliament, and judges A bill will also be introduced reducing the salary of future governors to £7500. It is understood another measure is being prepared withdrawing from the banks the right to issuo notes, and providing for the issue of notes by the State. The Charities Bill will impose a five per cent charge on all sports in aid of charitable institutions. Wilful Murder. Hobart, This day. A man named Chandler, his wife and daughter and another women were committed tor trial for the wilful murder of a man named Budd who, when intoxicated, insulted the women. A Scurvey-Stricken. Ship. Perth, This Day. The barque Ganymede has arrived at Frecmantle with her crew striken down by scurvy. Two of them died after landing. Received 11.15 a.m. A Damaging Investigation. Sydney, This day. The Sydney Morning Herald considers the result of the Loan and Mercantile investigation one of the; most damaging to the business character of the colonies that has ooine to light throughout the recent period j of financial disturbance. Industrial Trouble. Sydney, This day. j The Legislative Assembly by 2 I to 14 negatived a motion in favor of state j ownership of coal mines. The Federal Bank. Melbourne, This day. Justioe Holroyd, in delivering judgment re the Ftderal Bank, said a careful perusal of the evidence induced a strong impression that the Bank was used by a majority at least of the directors for their own convenience and that of their frionds without regard j to the interest of shareholders. The | system on which business was conducted was thoroughly unsound, ft ! could not be doubted the intention of Priestly, the liquidator, was to disguise ! as far as possible the wretched plight | into which the Bank hail fallen. ; Making an order for his removal from j that position was not intended for in I slant dismissal to make him the scape- I I goat. If Priestly preferred he might i j remain as liquidator until the end of | I the year and at half his present salary i upon entering into a bond of 15000 \ and finding surety of £IOOO that he would faithfully perform his duty.