THE MAIL.

Auckland Star, Volume II, Issue 447, 16 June 1871, Page 2

THE MAIL.

LATEST UNPUBLtSHEB,

[Keutbe's JLatest Special to Grevjlle's Texe- ' GUAM Company, Sydney.] .

London, May 12.—The treaty between France and Germany stipulates for payment of half a milliard of francs thirtydays after tbe taking of Paris by the Versailles troops (from the insurgents). A delay has been granted for payments of the balance. The former treaties of commerce have been therein abrogated. In the House of Lords, yesterday, the Marquis of Salisbury presented a petition of merchants and others, from Calcutta and Madras, praying for the appointment of a Royal Commission of Enquiry into various grievances, the chief of which are the condition of Indian finance, and the annual emigration by Government to Simla. The petition further alleges that there is no true representative of the people of India in the Supreme Council. The Marquis of Salisbury; in presenting •the petition, urged the question of finance on the serious attention of the House, advocating permanent fiscal arrangements in order to prevent the discontent evoked by the annual budgets and new taxation. He said that he disapproved of the appointment of Royal Commissioners, because Lord Mayo was fulfilling the high hopes entertained regarding him. The Duke of Argyle, in reply, expressed his satisfaction that Salisbury disapproved of a Royal Commission, because its appointment would be tantamount, to a vote of censure (on the India (.-. overnment). The duke joined v. the eui.: y passed by the Marquis of Saw-bury o. the ability, energy, and success i- Karl "'ayo's administration, addiag thai, the real secret of discontent in India was *he income. He asserted that the present orovernment of India favored the appointment of a permanent Royal Commission. , ,

The first sitting of the Albert Arbitration Committee has been fixed for the 25 th May.

The Anglo-American treaty . provides for the appointment of.iive arbitrators for the settlement of the Alabama claims, namely, Queen Victoria, President Grant, Brazil, Italy, and Switzerland. The arbitrators will meet at Genera. The treaty is for ten years, subsequently terminable by a notice of two . years by either side, both parties undertaking henceforth to prevent a recurrence of incidents like that of the Alabama.

Obituary.—S.jr John Herschel. London, April 28. —Tenders for Queensland loan exceeded 7'20,0C01., all above 103 l-6th accepted.Lqndon", May 11.—Consols 93f. At the London wool sales prices averaged from Is to Is O^d, Is o|d higher than in February. New Soutli Wales 5 per cent., 102. South Australian 6 per cent,, 111. Victoria 6 per cent., 114a-. Ditto 5 per cent., 104. Business in wool is chiefly for arrival ; all kinds are Id to l|d higher compared with February. Copper 74, rather strong. London, May 13.—Briton arrived at Plymouth with first-class passengers from the wreck of the Queen of the Thames; second-class passengers will follow by the next Cape steamer.