AUSTRALIAN CABLE NEWS.
BY ELECTRIC TELEGRAPH.—COPYRIGHT.)
[PHR PRESS ASSOCIATION]
A Stormy Voyage.
Sydney, August 6. Arrived —Kongsbyrd, 24 days from Kaipara, An exceptionally stormy voyage was encountered, there being a series of fierce gales with mountainous seas. She lost some sails and the boat covers were torn to ribbons. Otherwise she was undamaged. South African Meat Company. Adelaide, August 6. The representatives of a well-known business firm, just returned from a visit to the Continent of South Africa, says that in last year the South African Meat and Storage Company made £474,000 n”ts in imported meat and produce, from Australia and elsewhere was selling at about 2s and mutton at lOd retail. A Lucky Win. Hobart, August 6. 0; M’Kooghan, Takaka, Nelson, won the second prize of £9OO in Tattorsall’s sweep on the Broken Hill Cup. Administration of New Guinea. Melbottenb, August 6. The Age dealing with the annual report, on the administration of New Guinea says it discloses that the only policy in force is that of stagnation. The administrative staff exhaust their energies on little more than a series of holiday jaunts, collecting notes abont the conduct of natives and missionary efforts. This drift has continued for a whole decade. It was time they heard something about a developmon. tal policy. Pacific Cable. Mblboubnk, August 7. The Federal Government has under consideration a cable in reference to Canada’s action in the Pacific cable. Political. W. 0. Baillien has been elected to the Legislative Council vice Winter Irving, deceased. United Prostestantism. Received this day at 9 30 a m. Sydney, August 7. The Anglican Synod has adopted a resolution, favouring the approaching of other Christian communions, with a view to the union of Protestant churches of the Commonwealth. Labor and Capital. At the Chamber of Commerce dinner, Wise, the Attorney-General, in dealing with the question of class Legislation and Arbitration, admitted they couldtiot take New Zealand as conclusive evidence of the effects of Arbitration, but it was negative evidence. The experience of New Zealand proved that the gloomy forbodings of those who would not invest money in Australia was unfounded. It did not prove that the Industrial and Arbitration Act was a panacea, but it showed to those who said it was better to settle industrial disputes by the barbarous and wasteful methods of strike, look-out, or otherwise, and that capital would leave the country were wrong. Capital Afraid to Invest. Received This Day at 9 23 a. mSydney, August 7.
At the Chamber of Commerce annual dinner, a member stated that he recently met a gentleman representing a wealthy London Corporation, who had been sent to Sydney to make arrangements for startins; the manufacture of raw products. This gentleman after traveling through all the States including New Zealand, told him he could not owing to class legislation, recommend his principals to invest money either in Australia or New Zealand. Ho intended going to the Argentine Republic to carry out his project there.
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Greymouth Evening Star, Volume XXXI, 7 August 1901, Page 3
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494AUSTRALIAN CABLE NEWS. Greymouth Evening Star, Volume XXXI, 7 August 1901, Page 3
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