EUROPEAN ITEMS.

Ashburton Guardian, Volume III, Issue 547, 30 January 1882, Page 2

EUROPEAN ITEMS.

[Per s.s. Albion, at the Bluff.]

London, Jan. 16,

An insurrection lias occurred at Herzegovina, the people being dissatisfied with the government established after the Turco-Russian war by the Berlin Conference. The. revolt is spreading, and it is feared that it will extend throughout the whole province. It is rumored that the United States Government has consented to advance the

indemnity demanded by Chili before she ■will withdraw her troops from the conquered Peruvian territory. For this advance Peru, it is said, will give the Tarapera Silver Mine province to the United States, as a guarantee of repayment. The trial of twenty-two Nihilists has commenced at St Petersburg!), and is exciting great interest throughout Russia. The energetic action which Great Britian and France have taken in regard to Egyptian affairs, is expected to result in the fall of the Egyptian Ministry. London, January 19. The reckless speculation indulged in on the Paris Bourse has resulted in a financial crisis. This i esult, which had been expected for some time, was hastened by the failure of the Lyons Bank. Germany and Austria are affected by the crisis, and the next settling day on the London Exchange is looked forward to with considerable anxiety. The stocks principally affected are the Suez Canal, the Egyptian, Imperial, and Ottoman Bank, and the Clerical Union. The value of the last-named shares has fallen from 3,000 francs to 1,300 francs.

The first steamer of the Aberdeen line owned by George Thompson will load for Australian ports in March next. She is named the Aberdeen. The Government has decided that those members of Parliament who are at present imprisoned for their connection with the Irish Land League shall remain in confinement for a further period of three months.

It is now believed that the project to cut tlie canal through the Isthmus of Panama will be abandoned as a failure.

A project is announced for the construction of a railway through the mining district of the Gold Coast.