LATE ENGLISH NEWS.

Akaroa Mail and Banks Peninsula Advertiser, Volume 4, Issue 345, 7 November 1879, Page 3

LATE ENGLISH NEWS.

[By Telegraph,]

(Per s.s. Tararua, via the Bluff.)

(from THE lyttelton times.)

ItJLs rumored in London that the Compresided over by Lord Carnarvon appointed to enquire into and report upon loans contracted by the. different British Colonies for railway harbors and other improvements, disclosed a fiscal policy which, in several instances, if not checked, may lead to thecreation of Imperial indebtedness which it may strain the Colonies to meet. The -investigation disclosed widespread defects in the borrowing powers of the Colonies. - Steps will ho doubt be taken hy Government to check by representatien-or-otherwise the financial powers exercised by the Colonies. The French Moniteur, writing on the subject of Imperial federation, expressed a belief that the chief event marking thef close of the centt-ry would be the general federation of all British possessions bound firmly together into an Empire of over 250,000,000 souls. The Moniteur thinks that tbe forces by sea and land which such an Empire would be able to :dispoße bf, would be so colossal, that they could. only be counterbalanced by the federation bfthe other States, and the balance of power 1 in Europe would have to be established on a new basis.

In connection with the Royal Commission of Colonial defence, it is suggested that each Colony of magnitude should be represented on the Commission by men of; ability* endowed with local knowledge and experience. It i§ understood that the scope of the enquiry is very wide. Part of the duty of the Commission is to consider how far the Colonies should be invited to unite in a general system for the defence of the Empire. It is understood that the Roman Catholic Bishop of Salford. Dr Herbert Vaughan, brother to the Archbishop of Sydney, will be translated from Salford to the Archdiocese of Westminster as coadjutor to Cardinal Manning. ;.': ; '' The Times believes that the projected-, annexation of New Hebrides by France, and the commercial activity of Germany in the Pacific, has brought the advisability of annexing New Guinea, Tonga, Samoa, and New Britain prominently before the Colonial Office. The Pall Mull -Gazette strongly deprecates further acquisitions by Britain in the Pacific. The Chandernagore .was. f orhiddeh 'by the United States Consul at Flushing, to sail for New Guinea under the American flag. It is stated that; intending colonists will receive ten hectares of land each, to be cultivated by Chinese.