GENERAL CABLEGRAMS

Dominion, Volume 5, Issue 1352, 1 February 1912, Page 5

GENERAL CABLEGRAMS

B|T Telegraph—Press Association—Oooyriehl 4 . AMERICA'S NAVY. (Rcc. February 1, 0.15 a.m.) Washington, January 31. The two additional battleships placed in the 1912 programme have been abandoned. The Democratic caucus decision on this point was attacked by the secretary for tho Navy, Mr. Dickenson, who stated that tho United States required a larger navy in order to adequately deal with tho problems that may arise Eroru the opening of tho Panama Canal. ENGLISH BANKING REFORM. (Rcc. February 1, 0.15 a.m.) London, January 31. It is reported that as a result of the Charing Cross Bank failure, the Government is introducing a Bank Bill providing for Government inspection of private banks and the deposit of ample security by new banks. STEEL TKtTST EARNINGS. New York, January 31. The earnings of the Steel Trust for the fourth quarter of last vear were 23,100,Q00 dollars (.£4,020,000). The net earnings, were 19,000,000 dollars (JC3.980.000). The jrdinary dividend was declared. AUSTRALIA AND CANADA. London, January 30. The "Morning Post" commends the proposed visit to Australia of Mr. Foster (Canadian Minister for Trade and Commerce) to negotiate a preferential agreement between Canada and the Commonwealth. CAPTAIN IMPRISONED. Bukarest, January 30. The captain of the British steamer Benhead has been sentenced to twenty-eight days' imprisonment for allegedly insulting the authorities. THEIR MAJESTIES. Gibraltar, January 30. The Medina, with.the King and Queen aboard, has arrived here. An enthusiastic welcome was accorded their Majesties. THE NORTHERN, TERRITORY. Melbourne, January 31. Mr. Neilsen, ex-Ministcr of Lands, has beeu appointed Director of Lauds for tho Northern Territory, RAIN BADLY WANTED. Sydney, January 31. The want of rain threatens the ruination of tho potato and niaizo crops in some districts. LOAN OVER-SUBSCRIBED. Berlin, January 30. The Prussian loan has been oversubscribed, i . • '