TELEGRAPHIC

Timaru Herald, Volume LXXX, Issue 12308, 27 February 1904, Page 2

TELEGRAPHIC

BRITISH AND FOREIGN United Press Association—Per Electric Telegraph—Copyright. Received 9.3 a.iii., February 26th. TORPEDO BOATS FOB TURKEY. LONDON, February 25. The firm o£ Ansoldo, Genoa contractors, are building seven Turkish torpedoers, despite the French -Minister's strong representations. MOROCCO. Morocco declines a French syndicate's offer of a loan of 50,000,000 franc?, secured on the" Customs, fearing such a step would eail to French control. THE ADMIRALTY ESTIMATES. Hie AconSiaJ'tv estimates for the year nmouDt to £136,699,000, The new shipoui!«(ig programme provides for the comnencemei: t - .of two battleships,of the new le3ign' of the Lord Nelson class,- four ar-aro-jred cruisers, fourteen destroyers, ten submarires/and four thousand additional ofaiid inen. If the Chilian battleships had - ot bee a purchased three battleships woulcl have been commenced. It is understock the displacement- of the new type of Bii-_ t-ish battleships will be 18,000 tons, and the cqst of each £1,600,000. They are to be built by contract. It is intended to ' further greatly strengthen. the • Home fleet,. EGYPT'S SURPLUS. CAIRO, February 25.'. The Egyptian surplus for 1903 amounts to £1,867,701. - . THE CAPE PARLIAMENT. CAPETOWN, February 25.V The Cape Parliament will meet on March 4th. ;■■■ vReceived 10 p.m., February 26th, THE BALKANS. CONSTANTINOPLE, Feb. 26. • The Turks defeated the Albanians at Lioma, both forces losing heavily.- Sheinsi Pasha, was wounded. He has been superseded in command owing to. Ms severity.