BRITISH & FOREIGN

Poverty Bay Herald, Volume XVI, Issue 5435, 27 March 1889, Page 2

BRITISH & FOREIGN

Pek Pkess Association— Oopybiqht.

LONDON, Mar. 25. There are 133 applicants for the post of Queensland Railway Commissioner. The Agent-General, Mr T. Archer, will send th« names of those considered most suitable. Among the applicants* are several Canadians. Mr A. Kr.rr, timber merchant of Melbourne, was killed by falling down the shaft of a lift in the Langham Hotel, London. Mr Howard Smith, on behalf of the Melbourne projectors, is promoting a Bank to ibe named the London and Melbourne Bank, instead of the Bank of England and Austra* Ha, r*s formerly proposed. The capital U two millions. The well-known firm of Barings will undertake the floating of the Company if they approve of the details of the prospectus. The English market for Australian hard* wood is improving. Mr Westgarth, the financier, read a re* port at the Colonial Institute advocating that in future the colonies should issue three per cent, loans. He blamed Mr Burns, ox-Trea-surer of New SouMi Wales, for issuing that colony's last loan with irrogular dates of interest, which he considers depreciates tho value of stock. Mr Gladstone will preside at a banquet ts Mr Porncll on Apiil I lth. Lord Knutsford, in replying to Lord Stratheden's motion affirming the good effecfc of the Colonial Conference in 18S7, said thai Imperial federation was a. difficult and delicate question. There must be a full enquiry into the wishes and interests of the colonies before the idea of holding a conference on ihe subject could be* entertained. The Imperial Government, he assured the House, was willing to consider any scheme the colonies might submit, giving them a di-ect share in the councils of the Empire. MxnX!ll 20. Shares in the Bank of England and Melbourne have been fixed at £2. One hundred thousand shares will be shortly placed oo the market, and 50s per share will be called up. A meeting of Orangemen has been held at Liverpool to initiate a party uninfluenced by political party considerations, and vot« only on Protestant grounds. The Chairman of the meeting accused Lord Salisbury of systematically ignoring the claims of Evan* gelical clergymen in distributing patronage The Rothschilds have issued a Rusaian loan for £27, C 00,000. Lord Knutsford, in reply to Lord Strat heden, said it was unnecessary and inconvenient to convene a colonial conference for some, time, especially as there were no burning

questions to discuss. He advocated uniform laws in the colonies particularly on points approved of by the Imperial Conference. The South Australian loan hai been granted annotation by the Stock Exchange. The Shaw-Saville Company have declared a dividend of six per cent. Copper is quoted at £42 per ton. The next series of wool auctions open on April 2nd, and will extend to May 12th. Tlh: Rev. Mr Hannay and Mr Henry Lee, who wera appointed delegates to the Victo rian Congregational Jubilee, mefc with an enthusiastic welcome on their retura home. They speak of the colonies in termi of the greatest praise. BERLIN, Mar. 26. The ne-r law aimed against the Socie'ista has been submitted to the Reichstag. Ifc provides heavy penalties for inciting class against class and attacks on social order. The Press protests against the measure. OTTAWA, Mar.l2s. The Canadian authorities have decided to resume fishing licenses to foreigners under the present modus vivende. ROME, Mar. 26. The Pope is suffering from repeated fainting fits.