SPECIAL CABLE NEWS.

West Coast Times, Issue 10123, 5 June 1895, Page 2

SPECIAL CABLE NEWS.

London, June 2. Wagg considers that Victoria ioVlglft to be able "to uuaersell Swedish land Daman butter by 2d per pound without injury. There is abundant evidence that iioth countries intend to lessen the Output nekt winter owing it 6 the fecit that iftrrfde a<ss n6t pay. This Vill create ah opportahi'ty for Australia. He advises supporters of N. S. Wales, "Victoria, and New Zealand to unite with two experfe tosecure stores, and manage aaftefc'aWl "transfers in accordance with the State market. He estimates the loss last season owing to the absence of direct control v to lie £100,000. Wagg thinks it impossible -for salesmen to rebel against such a scheme, as the trade ft too firmly foundecrto^e at &eir mercy. See Fourth 'Page,

The Fiuaaoial Times states that the Midland Railway Board has been advised that the seizure of the liae by Government is illegal and likely to injure the Company's credit.

Tke Times considers New South Wales and Victoria are of all colonies those most interested in Federation. Parkes does not take his own position seriously, and has allowed personalities to distract him from what might have been the crowning work of his life. Party quarrels have stopped the movement, and if Victoria is unable to bear it it will prove to Australia that the time is not yet ripe for the union. St Petersburg, June 2. Reports from Odessa state that Russia has concluded a highly favorable reciprocal treaty with Persia. New York, June 2. The leader of a secret Society of "Firebugs" in New York, when arrested, confessed they had for many a year been binded together for the purpose of firing buildings to obtain insurances. The profits during the present year were already £40,0C0. The society included some of the adjusters on behalf of insurance companies. , . Constantinople, June 3. .The Sultan has ordered a court-martial upon tke Jeddah .assassins. Reports are current here that the Grand Vizier has resigned on account of the Sultan's disposition to yield to the Powers upon the Armenian question.