DELAYED WIRED.

Wanganui Chronicle, Volume XXXVII, Issue 11848, 24 July 1893, Page 1

DELAYED WIRED.

! [lir I i,B':'i'iuc Tjslbobapji -Copybighi I .] (Vr.a Press AssoctwroN.) London, .Inly 20 The London branch of the Mercantile Finance, Trustees . aud Agency Company has refused to accept deposits for the last right months, At a meeting of the shareholders in the i City Bank of London, Mr Samuel Joshua one of (he directors, said that the recovery of power in Australia would soon ilissipn'o the financial troubles, and the outcome would be to the advantage of the country. The fact that the Australian colonies supplied ono firth of the entire British trade inspired confidence that they would be able to meet all their obligations. Sir Saul Samuel, Ageut-General for New South Wales, ha:l an interview yesterday with the Marquis o{ Ripon, Secretary for the Colouies, and Sir E. Groy, Parliamentary Under-Secrotnry for the Foreign Office, with reference to the claims of the officers and crew and the owners of the Sydney owned vessel Costa lUca.tho packet seized by the Dntcli. He argued that tho vessel being a whaler, wns xinablD to proceed without a captain, and therefore his detention by the Dutch justified the claim for special loss. Sir K. Grey has promised to reconsider the matter.