NEWS OF THE DAY.

Wairarapa Daily Times, Volume LVI, Issue 8695, 1 March 1907, Page 5

NEWS OF THE DAY.

The Humlrarg-American Steamship Company lias ordered, from Messrs Harland'aud Wolff's works, Belfast, the largest liner in the world It will contain a swimming-bath. The United States Senate has ratified the San Domingo Treaty. There is a possibility of a Canadian Rifle Team visiting 'Australia with the British team. The President of the Life Underwriters' Society of New York states that the value of American life insurance policies decreased by £80,000,000 in 15)00, owing to the revelations made. The Canadian Royal Commission on life insurance companies severely condemns the investment of funds in speculative stocks, extravagant management, and abnormal expenditure to secure business. The Commission severely comments on unauthorised investments for a fraternal society's stability. It recommends the more frequent distribution of surpluses, and rigid legal restrictions on investments. News from Pago Pago by the French warship Catinat states that the mail steamer Sierra had not arrived there lap to February :21st. She was then about thirty hours behind time. The men Manning and Christie, who were arrested in connection with the robbery of money from the steamer Navua, were before the Water Police Court, Sydney, yesterday. Detective Walker stated that owing to lack of instructions from the Auckland police he had no evidence to offer, and accused were discharged. -They subsequently left for Auckland.