CABLE SUMMARY.

Waikato Times, Volume XLIII, Issue 3501, 1 December 1894, Page 9

CABLE SUMMARY.

(by electric telegraph.-copyright). London, November 29. The Daily Telegraph announces that the Chancellor of the Exchequer intends to reduce the rate of interest on deposits in the Post-office Savings Bank to 2 per cent. Lord Salisbury, in a letter, refers to bimetallism as a subject of supreme importance to the Empire. The London Bank of Australia hasannounced that it will repay the second instalment of deposits in July 1895 instead of in 1899. ' _ The Daily News considers the English cricketers' victory at Sydney was well earned. Great Britain recognises the Hawaiian Republic. Six millions will be spent on the American navy in 1895. St. Petersburg. November 19. The Armenians residing in the Caucasus, stirred up by'the horrible details of the massacre at Bitlis, are sending arms and men to assist in a rebellion against Turkey. . The death is announced of Lord Swansea.

Cairo, November 28. Father Kossignoli who recently escaped from Khartoum, relates a story of appalling corruption and misery in Soudan. He states that the Mahdi is sending three armies to operate against the Italian forces. Paris, November 28. The French War Office has formally declared that there are. a hundred political spies in Paris, and demands their arrest, The press declares that the Germany Embassy is the chief centre from which they emanate. During the course of a trial at Toulouse, the evidence showed that a high political official sanctioned a. wholesale system of electoral forge' ries. Ex-Minister Constans is implicated.

St. Petersburg. November 28. Colonel Yanoff will have command; of the Russian exploration expedition in Thibet.