COLONIAL DEFENCES.

Feilding Star, Volume XVII, Issue 190, 14 February 1896, Page 2

COLONIAL DEFENCES.

(Per Press Association.) London, February 12. Lord Dunraven makes no retraction of his charge in connection with the American cup yacht race, nor does he endeavour to make excuse for the charge. February 13. Mr Cowen succeeds Sir C. Halle as director of the Manchester Musical Institution. At a meeting of the National Mortgage Agency Co. of New Zealand, Mr Grenfell, chairman, declared that the fall in securities had been arrested, and that thoy were now bringing a return of 4 per cent. Negotiations, he said, were now proceeding for profitable addition to the business. Mr George Clark, secretary of the Colonial Defence Committee, read a paper beiore the Colonial Institute, in which he advocated that a conference be convened iv London to discuss the question of federal defence. Mr Clark deplored the reductions which arc being made in convection with the defence of the Australian Colonies. South Australia borrows .£839,50.) at 3 per cent., with a minimum of 94, the tenders to bo opened on 20th. The loan is already quoted at 2h per cent. I At the meeting of the National Mortgage and Agency Company of N.Z., Mr » Grenfell, the chairman, declared that the fall in securities had been arrested, and they were now bringing in a return ( of 4 per cent. Negotiations were now proceeding lor a profitable addition to the business. : Athens, February 12. Macedonia has abolished farming tithes. ; FiiKiN, February 12. Li Huug Chang attends the corouation ceremony of the Czar at Moscow. Buda Pksth, Feb. 12. Pulszky, Director of the National Art - Gallery here, has been arrested on a charge of fraud in connection with the ' purchase of pictures. , Paris, Feb. 13. I The death is announced or C. L. Amb--1 roise Thomas, a prominent musical com- * poser and m.iinbcr of the Order of the k Legion of Honor. 5 A necklace worth .£4OOO, given by the King of Italy to Piiucess Letitia, was ' stolen aud sold in France.