AUSTRALIAN BANKING COMPANY FUNDS.

Taranaki Herald, Volume XLI, Issue 9540, 5 November 1892, Page 2

AUSTRALIAN BANKING COMPANY FUNDS.

London, November i.

The Chronicle considers that the lesson taught by the sentence passed by Judge Windeyeron Francis Abigail, late managing director of tho Australian Banking Co., will have a much needed tffect, and hopes that the justice of it will meet with the universal approval of colonists. Tho financial press generally approve of the sentence.

STARVING PEOPLE.

Koir-llardie, addressing a meeting a Tower Hill, declared that a million and a quarter peoplo in Great Britain were starving or in want of work. UNEMPLOYED IN ENGLAND. Mr Fowler, President of the Local Government Board, replying to a deputation of •• unemployed," said he was nnnble to compel local funds to provide work, bii ft would recommend them to do so. DARDEN'ELLES QUESTION.

The Gorman Fross condom the attitude adopted by Russians in demanding a passage for their vessels through the Dardanelles. Tho Fiench newspapers dupport Russia in tho matter.

KOIIN A BANKRUPT. Herman Kohn, formeily of New Zealand, has had his certificate sus-

pended for two yenis

CHANGE OF ADMIRAL Rear-Admiral Stephcnson will shortly succeed Rear- Admiral Ilothani, as commander of the Pacific Squadron. Admi.'al Hothatn's flagship Warspite, was recently ashore at tho entrance to the port of Esquimau! t.

WRECK OF U.M.S. HOWE. It is feared that fJ.M.S. Howe will become a total loss. Her keel is destroyed, and her bows submerged. The crew arc safe. Admiral Fairfax telegraplis that ho is making every effort to Secure the ship on the rock.

SLANDER CASE.

Mrs Leader obtained XyOO damages in the jewel case. BROKEN HILL SENTENCES. The Dockers' Union protest against the injustice of the sentence on the Broken Hill leaders, and condemn the authorities for refusing to admit a deputation to interview at Parliament House in order to request the release of the prisoners. Similar resolutions were passed by the unemployed, who aie meeting daily at Tower Hill.