CABLE NEWS. BRITISH AND FOREIGN.

Wanganui Herald, Volume XXXVI, Issue 10668, 12 June 1902, Page 1

CABLE NEWS. BRITISH AND FOREIGN.

Press Aseociatior.— Telegraph-Copyright THE BBITISH BEVENUE. Beceived June 12, 0.28 a.m. LONDON, June 11. Sir Michael Hicks-Beach's revised Estimates puts the- expenditure at „ j8176,000,000, and the revenue at .£152,000,000. The deficit will be met by a consols loan, leaving a surplus of' £6,000,000. f OUB FUTUBE COLONIAL POLICY. LONDON, June 11. Archibald Colquhoun, the well-known explorer and authority on colonial mat- ' ten, read a paper at the Boyal Col- . oniar Institute on "Our Future Colonial Policy." He advocated federation' founded on defence, representation on the Imperial Council, assisted byclosef commercial union, emigration to the . colonies, and unproved/ means of communication. Mr William McCnlloch, » member of Peacock's late Ministry, and the Victorian representative at the Coronation, was unable Ito be present. He sent, however, a memorandum, advocating *a Hofmeyer's scheme of a 5 per cent duty on foreign goods imported by the Empire, to be applied for purposes of defence. He declared that the ' British had already lost ground in the Australian trade, owing to German and -;■ French subsidies. — advised compulsory school corps throughout the Empire, and preferred triennial conferences in London to an Imperial Council. A BBEACH OF ETIQUETTE. ■" LONDON. June 11. , Lord Strathcona and the colonial Agents-General are much dissatisfied at not being invited to the thanksgiving service. Mr Grainger (South Australian Agent-General) was the only one present. The Government organs attribute the omission to inadvertence. >'