TELEGRAPHIC.
BRITISH AND FOREIGN.
(i’sß Electric Telegraph—Copyright.)
(Per Press Association.)
(Received 8 p.m., June 18th.)
THE BANK OF NEW ZEALAND,
London, June 17.
The directors of the Bank of New Zealand are unaware of the authority of the Standard's statement that the New Zealand Government will assist the bank to weather its difficulties. Bank of New Zealand shares have risen 10s.
THE DUCHESS OS' FIFE. The Duchess of Fife has been delivered of a still-born child.
i THE EAST AFRICAN QUESTION. The agreement between England and Germany over the East African question has been signed. It turns out that the forecast published by The Times was correct. Germany touches the Congo frontier from Lake Tanganyika to the first degree of south latitude. Zanzibar cedes sovereign rights of the east coast to Germany and England, while the latter cedes Heligoland to Germany. Germany receives free transit to Lake Nyassa and the Congo, and surrenders the coast line from Witu to Juba, leaving England without a competitor except Italy to the borders of Egypt. The English and German press generally applaud the settlement of the East African difficulty. The Emperor is represented as being delighted at the cession of Heligoland. It has been stipulated that the residents in Heligoland shall be free from conscription, and that the Customs duties shall not be altered for twenty years. THE CABLE GUARANTEE. Mr Goschen has promised the AgentsGeneral a written answer as to what the Government would do with reference to the proposal for sharing in the cable guarantee. (Received 1.30 a.m., Juno 19th. )' London, June 18. COMMERCIAL. Silver, 48s Ofd. Tallow, best mutton, 26s to 26s Gd ; ditto beef, 25s to 25s Gd. > THE SILVER BILL. Washington, June 18. The Senate has passed the Silver Bill by 42 to 25. They declined to limit its operation. The Bill approves of a silver i certificate being a legal tender, and enacts unlimited coinage when the value of silver to that of gold is as 16 to 1. The measure has been referred to a conference of both Chambers.
ACTIVITY OF THE NIHILISTS
St. Petersburg, June 18,
The Nihilists committee has announced its intention to resume energetic action for the purpose of putting an end to absolutism which in Russia takes the form of an insupportable despotism. Arrests are numerous.
CANCELLING DOLLARS. Buenos Ayres, Jane 18. The Government of the Argentine Republic has cancelled thirty million of illegally issued dollar notes.
(Special to Press Association.) {Received 1 a.m., June 19th.) DR FARRAR, London, June 18, Dr Farrar, Archdeacon of Westminster, has been offered the Deanery of Manchester. THE CABLE SUBSIDY. It is understood that Mr Goachen does not intend to recede from the position he has taken up with regard to the cable subsidy and guarantee. AN EXPLANATION CALLED FOR. Lisbon, June 18. The Portuguese Government requires the burning of the flags in the Shire district to bo explained. CHOLERA. Madrid, June 18. The cholera is sporadic.
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Bibliographic details
South Canterbury Times, Issue 6246, 19 June 1890, Page 2
Word Count
491TELEGRAPHIC. South Canterbury Times, Issue 6246, 19 June 1890, Page 2
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