LATEST CABLE NEWS.

Poverty Bay Herald, Volume VI, Issue 893, 18 September 1879, Page 2

LATEST CABLE NEWS.

LONDON. ; \-;£ ■\ V V. Saturday. The large number of loans being floated m England by Colonial Governments and Municipalities, particularly Australia and New Zealand, has been tlie subject of considerable comment m the Press. The Government is seriously considering the advisableness of introducing a measure m Parliament to limit the borrowing powers of Colonial Governments and local governing bodies to an amount m proportion to" their revenues, . Refugees from Cabul report that the rebel Afghans have successfully stormed the Ameer's palace, murdered Yakoob Khan and have sacked the town. It is further reported that having seized the arms, ammunition and stores, they formed m column and advanced to meet British forces. A desperate conflict is expected m the course of a few days. Sunday. The advance column of the British army, under General Roberts, has occupied the Shutaragardan heights, •about seventy or eighty miles from Cabul, without opposition. He has taken up a strong position, commanding the pass. It is not yet known, whether he will continue to hold it until the arrival of the transport service and reinforcements, or whether he will push on to Cabnl. The inhabitants of Herat, the western capital of Afghanistan, are hostile to the British, aud it is con jectured that Russian influence has "been brought to bear upon them. The latest news from the Cape states that Sir Garnet Wolsuly is hopeful of ultimately forcing Cetewayo to a con ditional surrender. The troops are m excellent health. The country for one hundred miles beyond Ulundi ia completely m the hands of the British. The Zulus have ceased to show m large numbers, and offer no resistance.