YESTERDAY’S CABLES

Southland Times, Issue 12775, 7 December 1893, Page 2

YESTERDAY’S CABLES

British and Foreign LONDON, Dec. 5. The Catholic Christian Brothers object to the adoption of compulsory attendance as regs.rds their schools in Ireland on the ground of their not being State-endowed. Mr Sexton and his colleagues are opposing the Government proposal to compel attendance of the pupils of these schools. President Cleveland says he is satisfied, the proposed United States tariff will be the means of affording steady employment to the working population, and that it will yield sufficient for the expenses of Government, notwithstanding that a temporary loss of revenue may ociur at the outset. Forty thousand French ~ soldiers are eshe'oned near the Italian frontier. The New Oriental Bank Committee report that the deficiency in regard to the creditors is nearly a million and a half. They fear that the creditors will only receive a further dividend of six shillings in the pound. The Scotsman’s statement that it has been proposed to amalgamate the Bank of Australasia with the Union Bank is officially denied.

A distraining sheriff discovered a box of dynamite, with fuse attached, in a house at Hampstead. The tenant was a man named Schneider, who had recently arrived from America. Twenty-four pounds of dynamite were also found in Schneider’s room in Chancery Lane. The Court of Appeal has decided that the insurance companies must pay in full on bank deposits, without allowing for the banks’ dividends whenliquidatiug. President Cleveland’s message to Congress estimates that the deficit for the year ending June next will be twenty-eight million dollars. He suggests fresh internal taxes, including one on the income of corporate bodies. It is reported that Mr Gladstone is engaged in translating the entire works of Horace, and that he is studying for hours daily. Professor Tyndall died from the effects of an overdose of chloral. The Duke of Saxe Coburg Gotha (Duke of Edinburgh) has resigned his Privy Councillorship. Australian SYDNEY - , Dec. 6. j A steam service will again be established to the New Hebrides. In Committee of the House of Assembly on the re-introduced Local Option Bill it was decided by 47 votes to 35 to retain the compensation clause. The Premier is not hopeful of being able to prorogue before Christmas. He says he has no intention of dropping the Sinking Fund Bill. A special meeting of the Sydney Presbytery decided that all ministers shall preach to their congregations specially with a view to securing the return of God-fearing men to Parliament. The New South Wales funded stock is still selling well. Over L 40,000 worth was sold last month. The Mining on Private Property Bill has passed the House of Assembly. Wheat—Chick, 3s 3d to 3s 4d ; milling, nominal (old), 3s 6d to 3s 7d ; new, 3s 2d. Flour—Roller, L 9. Oats are quiet; prime feeding, 2s 84d. Maize is firm—prime, 3s 7d. Barley—English, 3s. Potatoes—(local), L 3 4s to L 3 ss. Onions —Lil to Ll2. Butter—Dairy, 6d to 7d; factory, Bd. Cheese—(prime), 4d tMld. Bacon, fid to 6Ad ; hams (New Zealand), Is OJd. MELBOURNE, Deo. 6. The liquidators of the Freehold Investment and Banking Company have applied to the court for permission to accept a compromise in the action brought against the Hon. James Balfour, an ex-director, to recover the amounts of dividends and bonuses alleged to have been wrongfully paid. Mr Balfour, while denying his liability, offered • to pay L5OOO in settlement of all claims. A member of the Committee of Advice opposed the application. He complained that the directors had advanced the firm of Balfour, Elliott and Co., in which Mr Balfour was the principal shareholder, L 59.000 on a property which the Company had purchased for L 25,000. No part of the principal or interest had ever been repaid. The plaintiff’s case, in the Spe'g'rt-Syme libel action, is concluded. The Chairman of the South Australian Railway Commissioners, under examination, expressed him«

self strongly in favour of the system of man; agemeot pursued by Mr Speight. The jury will visit certain country lines before hearing the addresses of counsel. ' The Metropolitan! Board of Works will immediately place ;on the market the L 200,000 balance of their half million five percent. l Iban/at a' minimum of L 99 10s. Tenders will close on the 18th inst. 1

i If the-Hon. -Mr Reid goes - to. Canada as a delegate he will probably also visit London in order to reconstruct the Agency and attend to the proper, supervision of the Victorian court in the Imperial Institute. '' The trustees in the estate of the late Mr Justice Kerferd invested LB5OO in the stock of certain banks which have undergone reconstruction. It was, therefore, claimed ffhat the estate was liable for' L5OOO in'calls, and action was taken to compel the trustees to pay the capital amount, . the claimants alleging that there had been a I want of proper discretion. The judge held that they had acted with honesty, and were, id consequence, not liable. ; The Executive has fixed the bonus on exported Cheddar cheese at L 6 per ton, provided it realises 50s per cwt; in London, also a bonus,of 2s a case on fruit. It has also set apart L5OOO in order to further develop the latter line of industry. In new wheat fair business is doing at 2s 9d. Oats—Alget-iair/ls Od to Is 10a; stout white, 2s Id to\2s 2d. Maize is firm—f prime, 3s. Barley—Cape, 2s 2d ; malting, 1 4s 3d to 4s 4d. Potatoes, L 5 10s to LG. DUH V’ADELAIDE, Dec. 6. > A meeting of influential pastoralists and graziers to consider legislation in connection with the frozen meat trade, resolved against the adoption of the system in vogue in Queensland cf compulsorily taxing stocks and herds to provide a bonus, as the conditions prevailing here are entirely different. Wheat, 2s 9d. Flour (roller), L 7 5s to L 7 10s. HOBART, Dec. S. The Government has received a despatch from Lord Ripon, Secretary of State for the Colonies, stating that consideration of Tas-i mania’s request for Imperial legislation for an,increase in the number of delegates constituting the Federal Council must stand, over until similar requests have been received from the other colonies. '