CABLE NEWS.

Wanganui Herald, Volume XXII, Issue 6499, 30 April 1888, Page 2

CABLE NEWS.

ENGLISH ANli FOREIGN. (By Electric Telegraph— Copyright.) (Per Dinted Press Association.) Received April 27, 2 p.m. SIR W. F. D. JERVOIS. F.R.S. London, April 27— Sir W. F. D. Jervois is among fifteen candidates selected by b,illot for a Fellowship in the Royal Society. COMMERCIAL. Tallow— Mutton, 26s to 22s 6d ; beef, 24s to 24s 6d. The stock available is 9000 casks. THE TIMES ON COLONIAL LOANS. The Times considers the Queensland 4id New Zealand loans, attcr tho oxperience of New South Wales, must bo immensely successful. BANK OF NEW ZEALAND SHARES DECLINING. Tho Bank of New Zealand shares havo suffored a further decline, and aro now quoted at £14. REFORMING THE HOUSE OF LORDS. Earl Dunravcn, in moving the second reading of tho Reform Bill in tho Houso of Lords, said that direct representation of tho Colonies in tho Houso of Lords was not practicable. Ho questioned whether tho Colonies would approve of thoir AgentsGeneral sitting in tho Houso of Lords Lord Salisbury opposed the motion, and urged that it shoidd be withdrawn. Ho iinnounccd that tho Government were preparing a measure providing for the creation of life peerages, with power to oxpel "black sheep." Tho Bill was accordingly withdrawnTHE POPE AND IRISH AFFAIRS. Tho Pope's condemnation of boycotting and thp Plan of Campaign has caused intense excitement both in England and Ireland. Received April 2S, 1.6 p.m. It is officially announced that tho Pope hns condemned boycotting and the Plan of Campaign as unlawful means to break contracts made by Land Courts, and because the money avnilablo for tho purposes of the Plan of Campaign is collected by extortionate methods. Received April 30, 1 a.m. April 28.— The decision of tho Pope thafc Catholics should not tike part in tho "' plan of campaign," hns caused a tremendous shock to the Irish priests. The Freeman's Journal urges tho Irish people to a policy of patience, and asserts that it is the plan of campaign which is outside of tho League, that has been condemned. Frozen meat by the steamer Eldersli c arrived in cxcellont condition, and is selling at4d. Bank of New Zealand shares havo risen in aud arc now £10. Sheepskins sales opened strongly at par of lnat auctions, but declined at the close, with a tendency in buyers' favour. 3600 were sold. At tho wool sales 12,003 bales were disposed of. EUROPEAN AFFAIRS. Bkiobade, April 27.— Tho accession of M. Do Riatieg to the position of Premier of Servia -nil], it is believed, greatly strengthen Austrian influence in that country. (Special to Press Association.) London, April 26 — Lord Randolph Churchill, in speaking to the motion for the second rending of the Parnellito County Government Bill, said that the nonfulfilment of tho promises made by tho Unionist party to support a schrmo for tho local government of Ireland was endangering the position of tho party. Lord Randolph also vigorously attacked the Government, and strongly reproached them for breaking faith with Ireland. Upon a dinsion being cnllcd for, Lord Randolph walked out of the chamber. Bank of New Zealand shares havo dropped to £15 10s, in consequence of rumours to tho cftect tfmt no dividend would be declared at tho half-} early meeting. Tho Standard, referring to this rumour, statosthataffnirs m Now Zealand are going from bad to worse. Lord Knutsford, Secretary of Stato for tho Colonies, considers that tho colonies must havo been mistaken in their former reports to the Colonial Office when they referred to the Chinese us useful laborers. Ho states that the proposals of the Australian Governments on the Chinese question havo been laid before tho Marquis of Salisbury, and that it is probable they will shortly be submitted to tho Cabinet for consideration. Mascowah, April 23— Tho Nogus of Abyssinia has renewed parleying with the Italian Government for peaeo. Bebiim, April 26— Tho German and Austrian press augurs that Queen Victoria's Continental toiu- strengthens the chances of penco. It is considered that the Emperor's recent improvement in health is only of a temporary character. Paris, April 25— M. Carnot, the President, who is making a tour in tho southern prounces, has armed at Limoges, tho capital of tho department of the Upper Vienne. M. Carnot, replying to tho address of welcome, said tho present Governme.Hl was able to defend the Republic against enemies both within nnd without Franco. A small number m the orowil gave cllocrs in honor of General Boulangor.