AUSTRALIAN NEWS.

Feilding Star, Volume XIV, Issue 118, 25 March 1893, Page 2

AUSTRALIAN NEWS.

(TKR PRESS ASSOCIATION.) 13 in shank, March 21. At the Fostal Conference to-day the motion of the Ho:i J. G Ward, New Zea'and, with reference to the second cable route via tiie I'acitic to Vancouver was carried. At tho postal conference the resolution propo&ed by Mr Ward that it is dosuaMe to enter into negotiations for a Cauadiau Paciiic postal seivico was agreed to unanimously. The resolution moved by Mr Ward that tho noxfc cmferenee be held in Now Zualund in 189-1 wus carried. SYD.vf.v, March 24. The assets in the bnnkrupt estnio of Sir G. 11. Pibbs nre sot down at L 35.000 and the liabilities nt LIB.OOO. Mi L'joiTRNE, March 24. The other two directors of the An«lo* Australian Bmk, who were found guilty of fraud, were sentenced to-dny. Robert W. I) illy received a sentence of two years imprisonment and Sydney G Allwright was ordered to pay a fine of LIOO The Minister of Education has decided on the dismissal of 250 teaches who are in charge of unclassified schools, and a reduction in teachers' salaries of from 5 to 12.V per cpnt has also bfen determined on. deductions of a similar amount in the salaries of all Civil servants are also to bo made. This Day. The principal topic in political circles is the bankruptcy of Sir G. R. Dibbs, and it is feared it will haye a depressing effect on Australian stocks in the London market. Ike Argus referring to the an nounccment that the bankrupt would retain tho Premiership, states it is against parliamentary usage to continue in office.