ENGLISH AND FOREIGN.

Wanganui Herald, Volume XX, Issue 5916, 3 June 1886, Page 2

ENGLISH AND FOREIGN.

BY ELEOTRIO TKLKGBAPH — OOPYBIGHT (retjteb's telegrams), CONSOLS. London, June 2 — Three per cent Consols are quoted at £100 10s ex dividend. THE ARMS ACT- fiILL. The Arms Extension Bill was passed yesterday by the House of Lords. (SPECIAL TO UNITED PRESS ASSOCIATION.) London, May 31— Prince Victor, in his book M The Cruise of the Bacchante," insists on the urgent necessity for the defence of Albany. He considers that tho Recidiviste question threateas a French war, and holds that in case of such an event, no matter what party may be in power, England cannot let tho colonies stand alone. He suggests that the Falkland Islands should be exchanged for New Caledonia, and denounces the cowardly habit of lotting the colonial policy drift on the strength of understandings with France. He strongly supports the policy of Australia respecting the Pacific Islands, Speaking afc a conference at the Exhibition on the colonial wool supplies, Messrs Moncrieffand Paul, vyoolbrokere, said that the wool from the river Plate district would prove a competitive bugbear to the colonial article. The Executive of the Exhibition consider *that Dr Julius Von Haast's proposal to convert tho Exhibition into a museum is illtimed, as they were already moving in the matter. Sir Saul Samuel will sign a contract with the Orient Company for tho conveyance of a parcel post. June 1 —Mr Bright will vote against the Irish Land Purchase Bill, The Daily News considers that, should tho voting on the bill be adverse to the Government, there is imminent peril of an Immediate appeal to the country. In the event of a general election, Mr Harold Finch Hatton and Mr Pritchard Morgan will contest Nottinghan and Boston respectively, Mr George Coppln is arranging an old colonists' dinner. Sir Saul Samuel has banquetted Sir P. C. Owen, Lord Augustus Loftus, and Sir Hercules Robinson. j