LATEST ENGLISH NEWS.

Waikato Times, Volume IV, Issue 221, 9 October 1873, Page 2

LATEST ENGLISH NEWS.

London, Sept. 22. The financial and commercial panic in America is causing a great sensation, and the influence is being very widely felt. Many commercial houses here are affected, and there is great alarm on the German bourses. At New York it has been officially announced that the Government have decided to buy an unlimited amount of U.S. 5.20 c (five twenties) bonds at par, and to pay in gold, for the purpose of allaying the panic. The British have commenced the cutting of a road towards the Coomassie (or Komassie) the capital of Ashantee, and the residence of the sovereign. A frigate belonging to the insurgents threatens the bombardment of Alicaute. The British fleet is lying before the town, and Admiral Yelverton has insisted upon a day's delay.

Sept. 24. The information that Mount and Morris have been liberated has produced great astonishment, and called forth severe condemnation. Mr Michie has written an explanatory letter to the Times. The team of English cricketers for Australia will leave on the 22nd October. The British yacht Deerhound, seized by the Spanish Republican Government on the ground that she was carrying to the papist insurgents supplies of arms and ammunition, has been released. The Spanish steamship Murillo, which is supposed to be the vessel that ran into and sank the JNorthilcet, has been seized at Dover, and is being taken to London in custody of the Admiralty authorities The telegraphic cable between the port of Lisbon and the isiand of Madeira has been completed. Contrary to former reports, it is officially announced that the Turcomans have been allowed to settle peacefully in the districts previously occupied by the Russian forces, and that General Kaufman has ordered homeward the Mangischlak-Orenberg detatchment.

Sept. 25. The G-overnment are shipping largo. quantities of railway iron to the Gold Coast for the co.ijstrjictifti} of the line which it is proposed to make from Cape Coast Castle to Coomassie, the 4.shantte capital. The insurgent frigates that threatened th^. bombardment of Alicante hare quited that port.

Sept. 27. Mr Henry James, the member forTanntopjka^ aocepted the Solicitor-Generalship. The Count de Chambord has received a deputation from the Legitimists, who protested against the the pie* that hit return to France would cause a religions war. Thej considered that the Charter of 1814, 1 if adapted to the^Waent state of affairs, and approved by the Assembly^ would satisfy tlia country. They would relegate to fcho Assembly the settlement of the flag question. The Monarchists ar« very active, and hope for a restoration of .Monarchial (government before November. '