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Timaru Herald, Volume IV, Issue 101, 20 April 1866, Page 2

Charge of Libel. — We understand that Mr. Robert DOyly, solicitor, of this town, will appear at the Court House to-day, to answer a charge of libel, preferred against him by the Resident Magistrate. Telegraph Wires.— We beg to call the attention of the Government Telegraphist to the fact that, m a portion of the line about a -couple of miles north of the town, the wires are hanging dangerously near the ground, sufficiently so as to come seriously m the way of horseman, inadvertently riding any way near them. Stjckixg-cp Case. — On Tuesday night last, between 10 and 11 o'clock, a man left Allen's Commercial Hotel, and was proceeding towards the Uoyal, when he was stuck-up by two men, between Levien's house aud Melton's, and robbed of £3, m notes. One of the men, named Thomas Lyons, was arrested, yesterday, at the Waimate. He will be brought up at the Resident Magistrate's Court, to-day, on the above charge. Stevens' Tf.oppe. — It will be seen by our advertising columns that this celebrated troupe intends paying our town a visit, at the end of next week. From what we know of the performances of this troupe, we can promise our sight seers a rich treat, and should strongly recommend all who are able to take advantage of the coming opportunity of witnessing some rare feats. The troupe will exhibit at the Mechanics' Institutee. New Landing Service. — We observe during the past week that the recently erected steam engine has been brought into requisition, for hauling up the cargo boats. The machinery is m itself most excellent, but far too costly, and too cumbrous for the work required. The heavily loaded boats are drawn up m a little over a minute from dead low water to far above high water mark, but the expense of working the engine must of necessity be very great, and not at all compatible with the present landing requirements. The Panama Mail Route. — The agents of Panama, New Zealand, and Australian Uoyal Mail Company's steamers have informed the Argus that the Panama Mail Service will commence from Sydney on the 15th June next, from Southampton on the 2nd June, and from Panama on the 24th June. The Electric Telegraph. — The NeUon Examiner m its Summary to England says : — •' On the 20th of March, Nelson was placed m communication with the rest of the Middle Island provinces, by means of the electric telegraph. From the Bluff and Invercargill m the extreme south, to Picton and Nelson iv the north, the wires are now at work, and, from what we can gather, are m very constant use. The large aud growing town Hokitika is now connected with Nelson by these means, and the considerable trade which this place has commanded with the West Coast siuce its development as a gold-field will no doubt be aided by this. Public Credit of New Zealand. — A pamphlet ha 3 lately appeared m England, called " Remarks on the Credit of New Zealand, and the Honour of England," the object of which is, to extol the Province of Auckland, and damage the credit of the remainder of the colony m the eyes of British capitalists. The authorship is ascribed to Mr. Busby, now iv England ; but whoever the writer may be, it is clear that all sympathies are with the northern province, and that he regards all the rest of New Zealand as having interests antagonistic to Aucklaud.

Mn. Fox ox New Zealand Affairs. — We are glad to learn, says the Wellington Independent, that whilst an Auckland writer is doing his best to damage the credit of the colony, a Wellington man is taking up the cudgels m its defence. When the mail left, a book written by Mr. Fox was m the publisher's hands. It is intended to give English readers a fair idea of the mismanagement of the .war and indeed of all other matters, with which England has interfered m New Zealand. The work will be one of about 200 pages only, it will probably appear m March, and Mr. Lyon expects to receive 250 copies by the earliest opportunity. Possibly General Cameron may find that whilst Mr. Fox is m England, his misrepresentations will not go down with the public so easily, as from the recklessness of his statements he seems to imagine.

New Zealand Loans.— The London correspondent of the Argus writes :—" Nothing could well be more ridiculous than the recent conduct of the New Zealand Government. It is well enough known m London that, m addition to other Provincial debentures, there are upwards of £300,000 of the Southland Province held here, and which are utterly worthless ; and yet, while rates of interest, ranging from nine to twelve per cent, are being paid on the best bonds m Europe the New Zealand Government coolly forward and offers to pay six per cent., provided the banks which have made advances upon them will consent to hold them for two years longer. This sapient project is like adding insult to injury, and certainly will not improve the already damaged reputation of that Government m the estimation of the moneyed classes m England. Meanwhile, all New Zealand securities are an incubus on the market ; and until the Provincial bonds are withdrawn, there is no chance whatever that things will improve." j

A New Prophecy. — A reverend gentleman, named Baxter, has published a work, entitled "Louis Napoleon, the Destined Mouarch of the World." The author predicts for the present ruler of France an ascendancy over Great Britain and the rest of the world, and an absorption of the power of the Papacy m his person.