AUSTRALIAN NEWS.

Feilding Star, Volume XII, Issue 76, 13 December 1890, Page 2

AUSTRALIAN NEWS.

By ■ Electric Telegraph.-— Copyright JPKR UNITBI> PRESS ASSOCIATION. | Melbourne, December 12. Johnston and his wife show signs of recovery. ' The Treasurer, Mr Muhro, in submitting the estimates for the year, said the Government proposed to float a loan of £245,000. In the meantime Treasury bills would be issued to the extent of one million, and these would be renewed for six mouths if the loan were not floated. ; This Day. The Colonial Treasurer has received a cable message stating it is hopeless to ' attempt: to convert J-1350,000 worth of 6 [ per cent debentures falling due in January into 8i per cents. The Associated Banks will therefore pay off the debentures and advance half a million without security. ' Adelaide, Thi> Day. The report of the Select Committee on Bonuses recommends that in view of wheat- growing becoming less profitable the system of distributing rooted vines i -^and cuttings be further extended to all i bona fide farmers and fruit growers ; also j l appointment of an entomologist and veg- I etable pathologist to deal with insect pests ; and finally that assistance be given by means of bonuses on exported butter, b and that all dairy machinery be admitted , free, Stdnby, December 11. •The wool market is firm, but prices remain unaltered. ! - In the libel action Evening News v. ' Star, in which the ' proprietors of the former newspaper claimed tho sum' of £5000 damage's for alleged libel contained in the Star's comment on the Evening News' report of the last Kemp -McLean sculling race, a verdict was returned in , favor of the defendant. 1 Brisbane, December 11. , The Government meteorologist, foreL pasts heavy weather south from Sydney with southerly winds and rough sea \ crossing to New Zealand.