LONDON.

Daily Telegraph (Napier), Issue 3054, 9 April 1881, Page 3

LONDON.

April 7. Iα the House of Commons to-day a bill was introduced by the Government for the amendment of the Irish land laws. The bill was laid on the table and read a first time. The measure provides for the erection of courts of law to fix rents, which shall thereafter remain uualtered for a period of fifteen years. These courts will also undertake the regulation of land tenure and land salep. A commission will be appointed to make grants to facilitate eraigration,'to assiet tenants to purchase their holdings, and to buy land from tbe landholders who are willing to sell. It will be optional with the landlords and tenants to evoke the aid of the courts. It is intended that the Act shall be partially retrospective. April 8. The tenders for the Tasmanian loan of £300,000 at four per cent, were opened to-day, and were found to contain applications amounting to four times the sum required. The loan will be allotted at £99 6s Bd. Tenders for a loan for the colony of Fiji of £150,000, bearing interest at four and a half per cent., were also opened today, and the amount asked for was likewise found to be quadrupled. The whole loan will be allotted at £99 lOs. It is announced that the lJuke of Argyle has resigned his position as Lord of the Privy Seal in the Ministry. His Grace's resignation is due to a difference of opinion with his late colleagues as to the provisions of the Irish Land Bill which has been introduced in Parliament. A bulletin issued this morning etates that the Earl of Beaconsfield's relapse has left him exceedingly weak, and uneasiness is expressed as to his state. Great general anxiety is felt at the critical nature of His Lordship's illness. The Oxford and Cambridge University boat race took place to-day over the usual course on the Thames, and resulted in an easy victory for Oxford by three lengths,