FOREIGN & COLONIAL TELEGRAMS. ENGLISH AND FOREIGN CABLE.

Timaru Herald, Volume XLVI, Issue 4256, 5 June 1888, Page 3

FOREIGN & COLONIAL TELEGRAMS. ENGLISH AND FOREIGN CABLE.

(Pkb Electric Teleceihi Copyright.) (Per Press Association.) (Received 12.53 p.m., Jang 4th.) THE NEW ZEALAND LOAN London, June 3. The Magnet, a financial journal, conaidera that the New Zealand loan will be " beared." SHIPPING. The New Zealand Shipping Company's Riniutaka sailed from Plymouth yesterday via Teneriffe, Capetown, and Hobart. Tha ship Otaki has sailed from London for Dunedin. The following ships are loading m London : — Wairoa, for Auckland ; Orari, for Wellington ; Mataura, for Lyttelton ; Waipa, for Dunedin. FRANCO-GERMAN PASSPORTS. Paris, June 3. M. Faurea's proposal to mako the consideration of the question of passport reprisals a mattor of urgency was defeated by an enormous majority. HERR TISZA AND THE PARIS EXHIBITION. Buda-Pesth, June 3. Herr Tisza denies that he had any intention of offending France by hiB reference to the Paris Exhibition. Oa the contrary he desires to maintain peaceful relations with that country. RUSSIAN VIEW OF THE CHINESE QUESTION. St. Petebsbubg, June 3. The Moscow Gazette m an article on the relations of Great Britain and China advises the Chinese to seek the frieudsbip of Russia, if prohibited from emigrating to tha colonies. (Received 10 p.m., Jnno lth.) KNIGHTED. Londok 1 , June 3. The Rajah of Sarawak and Sir Evelyn Baring have received the honour of Knight Grand Cross of St. Michael and St. George. THIBETANS ON THE MOVE. OiXCXJTTA, June 3. Information i 3 received that the Thibetans are massing m large numbers m the Kapup Valley. (Special to the Press Association.) (Received 11 p.m., Jane lth.) GOVERNOR OF NEW CALEDONIA. Paris, June 3. Clement Thomas succoeds Mouet aB Governor of New Caledonia. NEW ZEALAND'S FINANCES. Lohdon, June 3. The Financial News, referring to New Zealand, expresses the opinion that the threatened crisis is coming at last, and her attempt at borrowing is probably the last straw which will render the crisis inevitable. The article goes on to say that the primage on. imports as proposed by the Government is a desperate remedy. It mentions that the debt of New Zealand is equal to one-fifth of the value of the total property of the colony, which is now already fully mortgaged. HONOURS. Dr Stainer and Charles Halle, wellknown imusicians, received the honor of Knight Commander of St. Michael and St. George. AUSTRALIAN SQUADRON. H.M.S.'s Underwood and Iris are to bo stationed m Australian waters. The new flagship Orlando will shortly sail to relieve the Nelson. The former takes two torpedo boats with her.