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BY ELECTRIC TELEGRAPH.

(from greville’s telegram company.) ABANDONMENT OF THE INDIRECT CLAIMS. Auckland, August 1, 0 a.m. The Wonga Wonga has just arrived from Sydney. She brings Suez telegrams from London from June 15th to the 28th. The Alabama arbitrators have arrived at Geneva. The same day Lord Tenterden demanded an adjournment until the indirect claims were settled, The American repre-

sentatives replied that they had received no instructions. On the 18th June the Washington Cabinet decided to acquiesce in an adjournment rather than take the responsibility of failure of the Washington Treaty by a refusal. On the 27tb, Earl Granville in the House of Lords, and Mr Gladstone in the House of Commons, announced that the arbitrators had decided that the indirect claims, as ground for compensation, were incompatible with international law; that they had therefore been excluded from further consideration by the Tribunal,

June 27

The Arbitrators’ Tribunal met to-day, and, as on former occasions, great secrecy was observed. It is stated that questions will be discussed and the method of proceeding will be decided upon to-morrow. The regular sittings will commence immediately afterwards. The Ballot Bill has passed th«? Lords The Scotch Education Bill has passed the committee of the House of Commons. At the Conservative banquet on the 25th of June, at the Crystal Palace, Mr Disraeli made a speech in which he stated that the principles of the Tories were to defend the Constitution and maintain the power and greatness of England; also, that the third object of the Conservatives was the improvement of the condition of the people. He severely criticised the policy of the Liberals. The lock-out of the London builders comprises 30 firms and 10,000 workmen. The Queen is staying at Windsor. The Park Lane murderess, Margaret Dixblauc, has obtained a reprieve. Viscount Milton has resigned his seat on account of ill health. June 28. In the Lords, Earl Granville stated that America, concurring in the exclusion of the indirect claims, Lord Tenterden had with? drawn his demand for the prolonged adjournment of the Arbitration Court. Mr Capstone, in the House of Commons, intimated he would rather the Ballot Bill was sacrificed than that the amendment introduced by the Lords should be adopted. Obituary.—General Carey and Colonel Sykes, M.P. The Democratic State Conventions havp recommenced and recommended the nomination of Grecly for the Presidentship, The Lords have adopted, by 42 against 3s, Lord Ahitiger’s motion to appoint a Royal Commission of Inquiry into the justice of the proposed suppression cf captains by purchase for first captains who shall be scientific scholars ; but the Queen’s reply refuses the Commission.

The Burmese Embassy visited the Queen on the 2-ilh. pain released Dr Howard, the American prisoner at Cuba. General Grant entirely approves of the conduct of Secretaiy Fish in the Alabama case. Thiers threatens to enact the tax on raw materials if the Assembly rejects hia present projects. The Geneva Arbitration Court has definitely rejected the indirect claims, and refused Lord Tentcrdcn’s request for an adjournment. The next meeting of the Tribunal is fixed for the 15th July. The House of Commons, after considering the Lords’ amendments cn the Ballot Bill, adopted on the motion of the Government the principle of scrutiny in a modified form, aud rejected that of optional scrutiny. It was afterwards rejected by the Lords, and an amendment adopted generally, and approved of in conformity with the recommendation of the Government. July 3, On the 2nd, Mr Edward Miall’s motion for an inquiry into the property and revenue of the Church of EnglamJ, was rejected by 21)5 to 91. Mr Gladstone emphatically opposing the motion. The French Government Commission proposed in the Assembly a tax of 3 per cent, on all Government securities, except rentes The treaty between France and Germany, for the immediate evacuation of theprovinces, has been signed by M. Eemusat and Count Arnim. The Treaty was presented to the Assembly, and it was stated that the Government heped to pay a third of a milliard by the commencement of 1874, thus obtaining total liberation foi the French territories. In the meantime Germany's corps of occupation remain till the indemnity is paid, but the liberation depends on the success of the next loan, which is assured by the vitality of the credit of France and the return of prosperity, also in the confidence Europe is reposing in the Government of the Republic. On the discussion of the third reading of the treaty Thiers said that a tax on ra,w materials would now furnish forty-two millions, and eighteen millions more after the expiration of the Commercial Treaties with England and Belgium, Trochu has resigned his seat as Deputy. London, July 1. Baron Lcsseps has contradicted the statement that the Porte supported by England opposed his application for a new tariff for the Suez Canal from Ist July, Hie Baron upholds the right of the Canal Company to increase the tolls. Viscount Enfield, in reply to Mr Cochrane, said the British Government had suggested unsuccessfully the temporary postponement of the increased tolls on the Canal. The Spanish Cortes have been dissolved. July 2. Oriental Bank shares are at 43 The reserve of notes in the Bang of England is RR millions ; aud bullion 24£ millions. L 410,000 were withdrawn on July 2nd for Germany. July 3. The lock out is increasing ; 13,001) workmen now refuse to resume work. The failure of the Government to arrange the negociatious with America under the Washington Treaty, produced impatience iti both Houses, Mr Torrens has threatened a motion of want of confidence in the Commons. Obituary—Princess Augusta of Schleswig Holstein, the Duke of Bedford, Lord Foltham, General Greaves, Hon. Mr Bouverie, Hon. Scott Gifford, Lord Carisford, Rev, John Bowen of Chelsea, Sir Minton Farquhar.

LATER CONTINENTAL. France. M. Goulard presented his financial statement. He said two million francs were necessary to balance the budget. The Govern-

meat wished to tax raw materials to the extent of : 93,000,000, but had discovered that only 33,000.000 were actually obtainable from this source in accordance with existing treaties of commerce. They therefore proposed a tax of ouc-teuth of a franc on salt, and live centimes on direct contributions. By this it was presumed 8,000,000 francs would be d> rived. Thiers insists on the immediate dis ussion of the budget.

Helarey, Minister of Public Works, has resigned.

The conclusion of the arrangements between France and Germany for the evacuation of the French territory is imminent. Prussia has agreed to evacuate the occupied provinces on condition that the portion of indemnity still due be paid, and that a guarantee be furnished for the payment of the remainder.

The President and the National Assembly have effected a compromise on the army Bill, securing 1,000,000 men and establishing universal and compulsory service between the ages of *2O and 40 years in active service or reserve. The Due d’Aumale made a great and successful speech, decrying improvised armies. The commissions on contracts denounced the Imperial Government for precipitating war without preparation. 'Hie attempted defence was a crushing failure. Napoleon, in bis letter to tbe Generals, accepts the responsibility of the surrender of Sedan, but says it was caused by cruel and inexorable necessity. The Versailles riding school is being prepared for the trial of Baz line, who demands hia trial to be proceeded with. The Hotel de Vil!e is to be rebuilt. Lensier Bondonbour, flic Communist, was executed at Sartory on May 25th. iGrellier and Brissac have been sentenced to penal servitude for life, and Chateau and Lullivo to death. Spain. The Spanish Ministry have resigned Zorrila has formed a new ministry. He states conscription in the army will shortly be abolished ; that trial by jury wiil be in? stituted, and liberty of conscience allowed. An improvement will be effected in financial administration, and the rights of State creditors respected. A letter from the Due de Montpcnsier declares that he will support the throne. The Cortes supported Marshal Serrano’s policy, showing clemency to the Carlists. A proposal for the re-establishment of religious orders was rejected. Germany. The German Parliament, after voting the Bill expelling the Jesuits from the country, closed its sittings. Bishop Ermeland declines to obey the Prussian Government. He states ho cannot withdraw the sentence of excommunication already pronounced. The Emperor goes to Ems on the 22nd. r l he Crown Prince is at Potsdam His visit is regarded as evidence of intimate allianog between the two Governments against the Pope. The Austrian Emperor will visit Berlin in the autumn. The struggle between Bismarck and the Pope waxes fiercer. The former will recognise no ecclesiastical jurisdiction antagonistic to civil authority. The new telegraphic line from Berlin to London is opened. The introduction of the Imperial Const!? tution into Alsace and Lorraine is postponed till 1874 The Austria-Belgraviau branch formally seceded from the Greek church. A conference will shortly take place between the Austrian and German authorities on international matters. Great inundations have occurred in Bohemia and several Swiss Cantons. Earl Granville, in concert with the Italian Cabinet, proposes a European Conference for the protection of persecuted Jews in Ronmania. Russia and Prussia refused, fearing the re-opening ‘of the Eastern question. Italy.

Universal suffrage was proposed in the Chamber of Deputies, but resisted by tbp Ministry. Multitudes of destitute, through the devastation of the floods, are fed by the authorities.

A letter from the Pope states that any consolidation between the Papal and Italian Governments is impossible, and protests against the continued usurpations by the latter against the Poutitlcial authority. Galle, July 6, The full details of the rpoord respecting Dr Livingstone are as follows Mr Stanley spent four months with him, and obtained Ids journals for the JS T ew York Herald. The Dr will remain two years more in the countiy to prosecute his explorations. The search expedition has been broken up, and its members have gone home. Serious charges are brought against Dr Kirk, Consul at Zanzibar, of obstructing Dr Livingstone, Major Reddome, Conservator of Forests in Southern India, visits the Colognes, An elephant kidal, in honor of the Governor of Ceylon, comes off in August An attack was made on the British India mail steamer, in the Persian Gulf, and L4OOO worth of treasure carried off, after one fireman had been killed and several persons wounded. The robbers a e likely to le captured. A great exhibition is prop iscd to be held for Past Calcutta in 1874, and will include the East and Australasia if agreeable.

COMMERCIAL

The Bank rate of discount has been reduced to 3s. Business is moderate, and there have been large arrivals of gold. After a period of animation the stock markets became depressed. Consols 925. A Turkish loan of eleven millions is impending. Two millions have been subscribed to the Paraguayan loan for public works. Shoals of new companies continue to be announced, but most of them will fall through. The Colonial and Foreign Fibre Company and Midmonta Copper Mining Company will affect New Zealand. New Zealand and Australian debentures arc active. New Zealand Fires Consolidated, 102$ ; ditto, Sixes, 1893, March and September, 112$; ditto, June and December, 115. Otago and Southland Investment Company, ten shillings. Australian Agricultural, fifteen shillings per share. The chairman and secretary of the Smyrna and Aden Railway have been committed for trial on a charge of fraudulently circulating quotations on the Stock Exchange. High insurance premiums hare been paid on the Glenmark, homeward bound from Canterbury. The manufacture of cotton is unremunerative, owing to the high price of the raw ' material. Wool arrivals, 200,000 bales, but the market is quiet. A further decline at the forthcoming sales Is anticipated, but

stocks both at home and abroad are very very light, and the depreciation cannot go far. Copper : Great activity pi'en at I ’®, and continuous advances are made. Hie atest transactions have been at !,112 b-r cash and Llls for three months credit. In Mew L 'aland hemp business is slack, owing to the high rates of stock. _ There has been an increase of 2/2 tons in the exports to New Zealand during the last month, representing a value of 1.41,000. SHIPPING. Departures for New Zealand Ballarat, J. N. Fleming, Electra. Loading for New Zealand, 14 America. Greely retires from the editorship of the Tribune, during the elections. The Canadian Parliament has accepted the fishery clauses in the treaty of Washington. LATEST. London, June 6. The Belfast lock-out has terminated, the workmen accenting the two siblings a-week additional offered by the employers. _ The Weather has changed from tropical heat to terrific tempests in the Midland and Northern districts. Professor Airoy, Astronomer Royal, has been knighted. Arrived : Malay Queen The Australian Telegraph Company has announc d 1.320,000 of preferential stock issued to lay a cable for the Normanton Construction Co., who guarantee 6 percent, interest. The projected Australian steam service via the Cape is a failure. t Lord Kimberley replying to Earl Bclmore s inquiries, states that of the six war ships on the Australian station four arc to he entirely employed in the suppression of kidnapping Sailing vessels also are to be used as tenders, and he explains that measures arc contemplated to give effect to the Polynesian Mr Macarthur’s motion for a protectorate over, or for the annexation of Fiji, was lost by 51 votes. The Government acquiesces in the unionof Fiji with the Australian Colonics, but declines to annex it to the Empire without the expressed wish of the people. The Govenunent has established irioiully relations with Thakambou’s Government ; and the Imperial autboritias prefer annexation to a protectorate. The Times says the debate marked an epoch in the Colonial policy. At a meeting of the Colonial Institute on June 26, the report was eminently satisfactoThc Government have promised a searching inquiry into the causes of the failure of the European and Albert Insurance Companies.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ESD18720801.2.11

Bibliographic details
Ngā taipitopito pukapuka

Evening Star, Issue 2949, 1 August 1872, Page 2

Word count
Tapeke kupu
2,308

BY ELECTRIC TELEGRAPH. Evening Star, Issue 2949, 1 August 1872, Page 2

BY ELECTRIC TELEGRAPH. Evening Star, Issue 2949, 1 August 1872, Page 2

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