THE BRITISH AND FOREIGN OUTLOOK.

Wanganui Herald, Volume XXXII, Issue 9388, 15 March 1898, Page 2

THE BRITISH AND FOREIGN OUTLOOK.

(By Electric Telegraph— Copyright.) (Per United Press Association.) (Received March 15, at 1.5 a.m.) ; London, Maroh 14. A Japanese loan of six millions sterling will, it is believed, be immediately placed on the market. Reports ftom Pekin state that France intends to occupy Lerhau, a town on the eea coast of Kwantung Peninsula. St. Petersburg, March 14. The Russian naval expenditure will be spread over a period of Beven years. The Novosti advocates the adoption by the Government of a moderate policy, urging that the colossal extension of the possessions will compromise Russia's own interests. Madrid, March 14. I The gale which has been raging on the coast of Spain prevented the Spanish torpedo flotilla leaving Cadiz for Cuba. New York, March 14. Preparations for war on the part of America continue with inoreasing energy. In reoeiving Henor Bernabe, Spanish Minister at Washington, President McKlnley reoiprocated the hopes for the maintenance of peace expressed by Maria Christina, Queen Regent of Spain.