TELEGRAPHIC.

South Canterbury Times, Issue 4980, 12 April 1889, Page 2

TELEGRAPHIC.

BEITISH AND FOREIGN

(Per Electric Telegraph—Copyright.) (Per Press Association.) (Received 8.25 p.m., April 11th.) THE BATTERSEA SEAT. London, April 10. The early retirement of Mr Octavius F, Morgan as member for Battersea in the House of Commons, is expected. Negotiations are already proceeding in connection with the next election for the seat, and Sir Charles Dilke, formerly member for Chelsea, has received a requisition from the Liberal Committee of the district asking him to contest tho seat. Sir Charles, however, replied that he was compelled to decline tho requisition in respect to that and all other seats at present as his lime was fully occupied in preparing for the press a great work on tho British Empire.

THE TRUST FUNDS INVESTMENT BILL, Sir Graham Berry has convened a meeting of Ihe several Agenta-General at present in London with a view of discussing the position of the colonies in relation to the Trust Funds Investment Bill, which provides for investment in colonial stocks, introduced by Mr H. H. CozensHardy, M.P. for Norfolk, the second reading of which was agreed to in the House of Commons and the Bill referred to a Select Committee on the 3rd April.

Sir Francis Dillon Bell, Agent-General for New Zealand, who is at present in Paris on business connected with the Paris Exhibition, replying to Sir Graham Berry’s invitation, advised that a deputation of Agents-General should wait upon the Right Hon. Mr Goschen, Chancellor of the Exchequer, on the subject. Replying to objections urged in the House of Commons to the investment of trust funds in colonial stocks, Sir Saul Samuel, Agent-General for New South Wales, suggests that these objections may be easily removed if the colonial Governments allow trustees to sue them in London in the event of default being made in the payment of the principle or interest. THE WOOL SALES AND THE FOG.' The wool sales to-day had to be postponed owing to the heavy fog which prevailed in the city, THE TASMANIAN LOAN. The Tasmanian loan of £1,000,000 inscribed, bearing interest at 3 h per cent, which is to be offered on Tuesday, is already quoted at a premium of 14 per cent. The proposed loan has been very favourably received, and it is expected that the tenders will reach £900,000. The loan will be floated by the London and Westminster Bank. COMMERCIAL. New Zealand wheat is firmer, and frozen mutton is now quoted at 44d per pound. Leather, best sides, 9|d to 10d. THE STRIKE AT MARSEILLES. Paris, April 10. Owing to the strike at Marseilles the landing of the Victorian and New Zealand exhibits, ex s. s. Salazie for the Paris Exhibition is delayed. (Received 1 a.m., April 12th.) H.M.S. CALLIOPE. London, April 11. Speaking at a dinner with the Naval Architects’, Lord George Hamilton, First Lord of the Admiralty, said that the courage and skill displayed by Captain Kane and the officers and men of H.M.S. Calliope, on the occasion of the recent hurricane at Samoa, were not rare in the British Navy, and did not deserve any special recognition. THE BERLIN CONFERENCE. Washington, April 11. It has been arranged that U.S.S. Alert, the German ship Sophie, and H.M.S. Calliope, shall alone represent the Powers at Samoa until the Berlin Conference is over. ('Special to Press Association.) (Received 1.30 a.m., April 12th.) THE ROUMANIAN GOVERNMENT. Bucharest, April 11. A strong anti-Austrian Cabinet has been formed by M. Catargie. King Charles has been compelled to accept the Ministry formed by M. Catargie. RUSSIAN ARMY MOVEMENTS. Vienna, April 11. Russia is massing troops on the Austrian frontier. SEVERE GALES. New York, April 11. Severe gales have been experienced in Chesapeake Bay (Maryland) Thirty-five vessels are reported lost. THE SECRET BOMB FACTORY. Zurich, April 11. Farther arrests have been made in connection with the recent discovery of a secret bomb factory here.