Additional Mail Items.

Wanganui Herald, Volume XXI, Issue 6408, 9 January 1888, Page 2

Additional Mail Items.

Canada ia threatened with a financial pinlo. The failure of the Central Bank has been followed by a general decline in stocks. _ An English syndicate has taken preliminary steps to build a railroad from Buenos Ayrea to Cordova, a distance of nearly 400 milea.'aorosa the Pampas. The Government has granted a subsidy of 700 OOOdols, and a guarantee of 6 per cent annual inoome upon the investment, Henry George will not attempt a labour presidential oampaign next year — first, on nocount of its expensiveness, and, secondly, becauae the tnrmoil of a great political canvass will distract attention from the real merits of the labour cause. He will wait till his party is stronger. The committee appointed by the American Philological Society, after disoubsing the adaptability of the new universal language called "Volapuk," have deoided against it. It seemed to the committee a distinct retrogression in linguistic progreaa. The high license law passed by the last Pennsylvania Legislature is driving both poor and rioh denlore out of the liquor business. They find it impossible to procure bondsmen for a faithful compliance with the law. Thero has boen great excitement, particularly in BostOD, the headquarters of the boating fraternity, over the result of the Hanlan- Beach contest. The Australian was tbe favourite, the betting odda baing 10 to 5. The cry is now that the champion Teomer must go and try and " down " Beach. He is quite ready. He thinks ■Beach's personiV dislike of Hanlan led him to make the beat of tho Canadian more glaring than necessary. Boston opinion is that the Australian must be made to know the powers of Ynnken oarsmen. James I Keeuan, a moneyed man among the gcqu&tic sports, ha<3 beeu talking with some fellow capitalists, and they have | agreed to give Beach 1500 dollars for exI penaes if ho will come to the United States and row Teemer, or they will aocept 1000 ' dollars for expenses and go to Australia , and meet him While the genoral opinion | was th*t Haolan would lose, there is at the Bamo time deep disappointment at the result. Teemer is at worn now, notwithstanding the advices from Melbourne that Beach has reaigned the championship and retired. St John, Gaudaur's baoker, intends to invite Beaoh for 500 d .Is, win or lose, to visit America next season. De Lessepa now proposos to build the canal with locks instead of the tide waterplan, but will adopt the latter eventually. Henry B Slaven, President of the Mexic»n Contracting and Dredging Company, that has been actively engaged in the work of dredging the Canal sines the start, arrived in New York on December 29, ani informs the Sun that the oanal is nearly half done, and in' his opinion ships will oross within three years of January, 1888, The oanal ia open at present for vessels drawing 16ft of water for 20 kilometres on the Atlantic side, out of a total length of 74 kilometres, and 24 more will be done by July next. The Frenoh Company on the Paoiflo side will have five more completed.