THIS MORNING'S CABLES British and Foreign

Southland Times, Issue 11952, 25 January 1892, Page 2

THIS MORNING'S CABLES British and Foreign

[United Press Association — By Electric Telegraph— Copyright. ] [ LONDON, Jan. 23. Received 24th, 6.15 p.m. The National Mortgage and Agency < .ompany of New Zealand has declared a dividend of 5 per cent. The directors, in their report, state that if New Zealand imposes a tax on debentures a withdrawal of capital will speedily follow. The Economist considers that the raising of money by treasury bills is a vicious mode of finance, and that the obtaining of temporary relief will cost heavy sacrifices in the future. It states that Sir Thomas Mcllwraith's charges against Mr Wm. Lidderdale, Governor of the Bank of England, were foolish and unmannerly, and that it is a misfortune that the Treasurer is unable to control his temper. The paper also states that it appears aa if Sir J. F. Garrick, Agent-General for Queensland, was too ready to jump at conclusions. The Times says that if the colonies constantly apply for loans for works not really reproductive they must not look to the London market, and that though plenty of money would be offered for legitimate purposes it would not be obtained as cheap as formerly. Treasury bills, it considers, are justfiable as a temporary expedient, but the issue of them mu3t not assume dangerous dimensions. New Zealand hemp is in fair demand at an advance of 10s per too. Mr Hastings, MP. for Worcester, charged with obtaining large sums of money by means of fraud, has been committed for trial. The election for the vacant seat for Rossendale in the House of Commons, occasioned by the Marquis of Hartington's going to the House of Lords, took place to-day with the following result : — Mr Maden (Home Ruler), 6066 ; Mr Brooks (Unionist), 4841. New South Wales treasury bills are quoted at a premium. Owing to the brokers being unable to fulfil sales they are purchasing from the insurance companies who took up the bills. It is believed that the first instalment of Queensland treasury bills will be half a million, and that tbey will be nearly S laced at a price similar to those issued by 'ew South Wales. The appointment of Sir R. B. Morier as British ambassador at Rome has been countermanded and he will remain at St. Petersbuig. Lord Vivian, who was to have succeeded Sir R. B. Morier, will go to Rome from Brussels. Fifteen hundred bootmakers are locked out in Bristol. The Liberals are orgauising a great campaign to be held iv Loudon in February and March in view of the general election. The Times opposes a proposal to raise an English national subscription in aid of those suffering from famine iv Russia. Other papers advise that assistance should be sent to the famine-stricken districts in Madras. The Time 3 asserts that Austria and two other European Powers warned Russia that they would resist her armed interference with Bulgaria. Jan. 24. Received 25th. 1.20 a.m. The Queen's Bench has quashed the conviction of the Salvationists convicted by a magistrate of unlawful assembly in Eastbourne. WASHINGTON, Jan. 24. Recei v.d 25th, 1.20 a.m. It is reported that th. United States Government has sent an ultimatum to Chili terminating diplomatic relations unless a circular issued to the Chilian legations on llth December is withdrawn. ROME, Jan. 24. Received 25th, 1.20 a.m. Severe earthquake sh >cks have been felt in ihis city, o_i.in.s many people to pass the night in op.n spaces. LISBON, Jan*. 23. Received 24th, 6.15 p.m. The Premier's suggestion that Portugal should sell Mozambique in order to reduce the national debt has been well received. PARIS, Jan. 23. Received 24th, 6.15 a.m. M. Ribot, Minister of Foreign Affairs, announces that the minimum taiid will be applied to Ca-at Britain after Ist F.i.ru.iry. lnteili^- .i.e i. to hand that ihe Fiench troops alt v i>< d Siunoary in the Uj-pt-i Niger distri'.'t, killing hundreds of ihe uaii\e troops, Tl.o loss on the French side was 6 killed and 30 injur, d. Tiie Radicals aie trying to force a battle between Church aud Si ale iv the Chamber of Deputies at an early date. NEW YORK, Jan. 23. Recei .ed 6ih, 6.15 p m. The hospital in Indianonlis has bf. _i destroyed by fire. Ninel<*.n paiients were burned to death and thirty injured. ST. FETF.RS!-UR<', Jan. 23. Received Oth, 6.15 p.m. By the collapse of a church in Slob'-dskoi, in the government of Viatka, fifty persons were either killed or injured, BERLIN, Jan. 23. Received 6th, 6.15 p.m. A committee of the R iohstag propose to admit until 23rd Apnl the impo.t of corn, wine, nd timber iuto Germany from coumrics not belong'ii^ to the favoured nation treaty, at favoured nation ra'es. BRUSSELS, Jan. 23. Received 6th. 6.15 p.m. A tire which broke out in the Arenlmr .'.face destroyed the paviliou. Th<* Egmont tapestry and pictures were als*. destroyed. [SPECIAL.] BERLIN, Jan. 23. Received 24th, 6.40 p.-n. Baron Sodcn has dismissed throe of Cole nol Wissman's officers, and as the <.ov»'i*nrr..nt favour the course adopted it is expected that Colonel Wissuian will resign hi-* position. PARIS, Jan. 23. The Premier is unwilling to accede to the demands of M. L~ur that M. Constant- j should be prosecuted f< r acsault. j