CABLE NEWS.

Feilding Star, Volume XII, Issue 115, 21 March 1891, Page 2

CABLE NEWS.

By Electric Telegraph.— Copyright (PICK UNITKI) 'PltKsS Abr-OCIATION.) '.- London*, March 18. j Sir John Gorst m**:**s the Government j to formulate a distinct labour programme. • • Tiie Financial News states that the ' firm of Messrs Cristobal de Muaneta and ! Co.. South American and Spanish mer- • chnnts, of Old Broad street, has been converted into a joint stock company, with a capital ->i two millions anl'a million in debentures. Dr Magee was to-day enthroned as Archbisliop of York. March 19. The death is announced of Dr David Hean, who was sent from London by the Directors of the Bank of New Zealaud to Auckland to examiuo into the affairs of the Bank. Speaking at Hastings, Mr Gladstone declared that the Government had presented a. fictitious surplus m the Budget. He commented favourably on the foreign policy adopted by Lord Salisbury. Referring to the result of the Ah Toy appeal case, The Times remarks that it would be a misfortune if a snap judgment were to have the effect of hampering the free natural growth of constitutional relations existiug between England and the great autonomous colonies. Counsel for the defendants in the libel action brought by Colonel Sir W. Cumming deny that a compromise has been effected, and state that the cases will be defended to the end. The Times says ihat the action of the United States Legislature in prohibiting the export of gold bars is the first step towards tbe abandonment of the gold standard. The South African Company deny that the steamer Countess of Carnarvon which was seizfd by Portuguese authorities while ascenhng Limpopo riyer, had con tra band goods on board. The latest news from Chili is that- the Garrison at Valparaiso, with their Major, have joined the insurgents. This is a great blow to President Balmaceda. Natal, March 18. The Portuguese authorities have released the steamer Countess of Carnarvon and crew. New Yoke, ?»larch 19 ! The clothing warehouses of Bleecke and Greenstreets iv this city haye beeu destroyed by fire. The loss is estimated at 2,000,000 dollars.