THE LATEST

Colonist, Volume XXXV, Issue 7228, 26 January 1892, Page 3

THE LATEST

Received January 26, 2 a.m. MONETARY AND COMMERCIAL. QUEENSLAND AND THE BANK. CHARGE OF FRAUD. LABOR TROUBLES. LIBERAL CAMPAIGN. RUSSIAN FAMINE. CHURCH AND STATE IN FRANCE. INFLUENZA. LEGISLATIVE COUNCIL OF N.S.W. DISASTROUS FLOODS IN QUEENS LAND.j BANKER BANKRUPT. GRAND DUKE CONSTANTINE. STRANGE ACCIDENT. EIGHT HOURS QUESTION. REVOLT AT TANGIERS. REV C, 11. SPURGEON,, LONDON, January 23. The National Mortgage Agency of New Zealand has declared a dividend of 6 per csnt. The directors, in their report, state that if New Zealand imposes a tax on debentures a withdrawal of capital will speedily result. The ' Economist 1 consider that the raising o! money by Treasury bills is a vicious method of finanoe, and, though providing temporary

ttlief, will float heavy Baorifioeß in tfe If qfure. S@» •Timea' states thafc Si* Thomas aMlwraUh's ohargea against; Mr William ladderdt-le, Governor of the Bank of England, are foolish and unmannerly, and that it is a misfortune that the Treasurer is unable to control his temper. The caper also States that it appears as if Sir J. F. Garripk. Agent-General for tha Colony, was too ready to jump at conclusions. The 'Times' says that if the Colonies oonstantly apply for loans for works which are not really reproductive they must not look to tha London market. Though plenty of money wouia be offered for legitimate purposes, it would not be obtained 88 cheap as formerly. Treasury bills, it considers, are justifiable as a temporary expedient, but the issue of them must not assume dangerous dimensions. New Zealand hemp is in fair demand at an advance of 10s per ton. Mr Hastings, M.P. for Worcester, charged xnth obtaining large sums of money by means of fraud, has been committed for trial. New South Wales Treasury bills are quoted at a premium, owing to the brokers being unable to fulfil sales, and they are purchasing from the insurance companies. It is believed that the first instalment of the Queensland Treasury bills will be half a million, and that they will be nearly plaoed at a Bimilar price as those issued by New Booth Wales. The appointment of Sir E. B. Morier as British Ambassador at Borne has been countermanded, and he will remain at St. Petersburg. Lord Vivian, who was to have succeeded Sir B. 8.. Morier, will go to Some from Brussels: Fifteen hundred bootmakers are looked out in Bristol. The Liberals are organising a great-cam-paign, to be held in London in February and March, in view of the general election. The ' Times ' opposes the proposal to raise an English national subscription in aid of those suffering from famine in Russia. Other papers advise that assistance should be sent to tho famine stricken distziots in Madras. The ' Times ' asserts that Austria and two other European Powers warned Bussia they would resist her armed interference with Bulgaria. January 25. Fifteen thousand bootmakers are out on strike in Bristol. Henry Hoare, a retired banker, has been declared bankrupt. His liabilities amount to £500,000. The local Government Board recommends isolation and disinfection as a means of preventing the spread of influenza; The Marquis of Salisbury's son, Ceoil, is Buffering from influenza, and is oonfined to his zoom at Hatfield House, his fathers seat. During the ooming session the labor members will introduce a Bill into the House of Commons enforcing the recognition of the eight hours prinoiple on land and sea. The warships at Tangiers have been recalled. / The Bey. C. H : Spurgeon has suffered a relapse at Mentone, in the South of France, where he is staying for the sake of his health. PARIS, January 23. The Eadicala are trying to force a battle between the Churoh and State in the Chamber Of Deputies at an early date. ST. PETERSBURG, January 25. The Grand Duke Constantine, cousin of the Czar, has been attacked by paralysis, and is in a critical condition. SOFIA, January 25. While M. Stambouloff was out driving, a revolver, which he was carrying in his pocket, exploded, and inflicted a slight wound in the thigh. BERLIN, January 25. The German Government is despatching a body of marines to suppress a rising among the Wadigos, the situation in the district being regarded as critical. Prince Henry of Prussia is prostrated by influenza. The National Liberals at Freisinge, in Upper Bavaria, have coalesced, owing to the clerical tendencies of the Government. SYDNEY, January 25. Sailed— E.M.S Mariposa, for San Francisco via Auckland. She takes £6000 worth of specie. The Hon John Luekey succeeds the late Sir John Hay as President of the Legislative Council. The whole of the Newcastle coal mines are How working. BRISBANE, January 25: Disastrous floods have occurred at Towns. Ville, where 19£ inches of rain fell in 24 hours. The water undermined the foundation of St Joseph's Church (Roman Catholic), and the building is now a complete wreck. The greater part of the town is under water, and the suburbs are cut off from communication with the centre of the town, and it is not known whether there are any fatalities. Hundreds of people have taken refuge on the hillsides. It is raining still. Two small vessels are ashore in the bay. MELBOURNE, January 25. It is reported that Pygmalion is amiss.