BRITISH AND FOREIGN
The hank rate of discount remains at 3 per cent., and the market rate at 2J.
The market for colonial breadstuff's and . tallow are without quotable change.
Favourable accounts of this season’s crons are to hand from the American wheat-grow-ing districts. Fully 50,000, ironworkers are now on strike at Chicago and at New York and ■other cities in the States.
The total reserve in the Bank of England in notes and bullion is £12,500,000 being £BOO,OOO more than the reserve afloat last week,
Intelligence is to hand from Chicago that a large body of ironworkers who are out on strike boarded a train and severely maltreated a number non-strikers. The disturbance was of a serious character, and was only suppressed by police intervention. The publisher of Der Freiheit. the German Socialist organ, published in London, lias been committed for trial on a charge of publishing an article justifying the assassination of Lord Cavendish.
In the House of Commons on May 27, Mr Gladstone stated that the Government declined to pledge England not to use force to bring about settlement ot the crisis in Egypt, and added that the entente cordiale between France and England was as close now as it was at the time of the Crimean
The Egyptian Ministers have definitely refused to accept the ultimatum delivered hy the French and English Consuls-General and have referred the Governments of England and France to the Sultan of Turkey for a reply. The Khedive has intimated to the French and English Consuls his acceptance of the ultimatum, and the Ministers have consequently resigned their portfolios.
In the course of the debate which followed, the reading of the Irish Repression Bill Mr Parnell took occasion to refer to the
statement made by Mr Dillon on the previous night; that ns evictions were continuing in Ireland, he must refuse to denounce the commission of outrages against landlords. Mr Parnell considerably modilied Mr Dillon’s remarks by condemning in strong terms the perpetration of agrarian outrages and boycotting.
In the House of Commons on May 24 the Irish Repression Bill was again under con sideration. In the course of the debate Mr. Dillon made a speech in which he stated that as landlords were continuing to evict their tenants for non-payment of rent he must refuse to denounce the commission of outrages against landlords. Mr Gladstone replied in strong terms of reprobation of the attitude assumed by Mr Dillon, ?nd stated that Government felt that it was imperative that the repr ssion Bill should become law. The Zulus who have recently been agitat. ing for the release of Cetewayo, and who were ordered to disperse by Sir Henry Bulwer, are exceedingly sullen in their demeanor. John Dunn, the Irish chief who distinguished himself in the late war, is taking an active . part fomenting the discontent. Bloodshed seems imminent.
The revolting Kurils, who have tor several months past, in defiance of the Persian Government, held possession of a considerable portion of the Turko Persian frontier, from whenoe|they made periodical predatory incursions on the inhabitants of the surrounding country, have at length suffered a decisive defeat at the hands of the Persian soldiery sent against them. There are strong indications of disruption among the Parnellite party. In the House of Commons on May 23 Mr Parnell delivered a moderate speech on the Irish situation, in the course of which he condemned the abuse of boycotting, and deprecated the irreconcilable character of the opposition offered to the Government by Mr Dillon, member for Tipperary. The iron manufacturers at Pittsburg have refused to comply with the 'emand of their employes for an advance in their wages. The number of men who will cease work is estimated at 105,000
Arabi Pasba refuses to suspend his revolutionary agitation,anddefies the European Powers,
Small-pox is racing with terrible virulence at Serajoe, the capital of the Austrian Pr wince of B -snia. Tho mortality averages twenty deaths each day. The Military Committee apnninted to consider the propriety from a mi’itary point of view of constructing a tunnel between England and France have reported in favour of the project. They suggest, however, that the tunnel should be commenced further ini nd than was contemplated by the pro-
A teleg-am has been received from Belgium slating that Sir Henry Parkes was officially received on his arrival, and that a banquet and other entertainments are being organised in bis honour.
The news of the death of Garibaldi has been received in Naples with great regret and there is universal mourning throughout Italy. It ia announced that his will directs that his body shall be cremated.
A special telegram to the Melbourne Age says that it is reported at Vienna that the Princess Beatrice, youngest daughter of the Queen, is bethrothed to Prince William of Hesse, younger brother to the reigning Duke Ludwig4fch, who married the Pnnce.-s Alice. Prince William is3o years of ago.
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Bibliographic details
Dunstan Times, Issue 1051, 9 June 1882, Page 3
Word Count
819BRITISH AND FOREIGN Dunstan Times, Issue 1051, 9 June 1882, Page 3
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