British and Foreign

Southland Times, Issue 12459, 24 November 1892, Page 2

British and Foreign

United Press Association. —By Electric : Telegraph — Copyright. ) LONDON, Nov. 22. " Received 23rd, 7 p.m. The German Emperor, in opening the Reichstag, stated that friendly relations with the Powers were fully maintained, bat the development of military power in Europe made it imperative for Germany to strengthen her army, and the new Army Bill he declared would enable the nation to utilise its power of defence to the full extent. The summons issued against the directors of the Panama Canal Company charges M. M. Ferdinand and Charles De Lesseps, j Eiffel, Fontana, and Cotter with fraudulently ; inducing the public to believe in the feasiI bility of a purely chimerical scheme with J the intent of swindling. The trial of the ! accused is fixed for January. Sir Robert Herbert, a member of the PanBritannic Comirittee, proposes the formation of a central fund to assist in defraying the expenses of competitors from the smaller colonies ; thos? coming from the richer j colonies he thinks Bhould pay their own expenses. Nothing is know here to confirm a state- ! ment made by a Sydney reporter to a representative of the Pall Mall Gazette that Sir J H. Parkea was to be created a peer or that Lord Carrington was hatching a new-fangled Order for the colonies. Three months' bills are discounted at 2$ per cent. City men have favourably received the report that Mr H. Wrixon is to succeed Mr Munro as Agent-General for Victoria. Nov. [23. Received 24th, 1.25 a.m. At the Monetary Conference M. A. Beeruaert', Belgian Minister of Finance and President, advised the Conference to study i the Btocks of silver in certain countries. The I Chairman, M. Levi, reminded the delegates that their task was to submit for the j acceptance of their governments a plan for J the establishment by an international con- " vention of the use of gold and silver as bimetalic money. The Conference adjourned until Friday. j