GENERAL CABLES

Gisborne Times, Volume VII, Issue 448, 19 June 1902, Page 4

GENERAL CABLES

By telegraph—Press AssociationCopyright. LONDON, June 17. The principal distilleries in .Scotland re combining to check the over-pro-uction of whisky. A submarine was submerged two ours at Cherbourg. Three of the . rew became unconscious through cariolic acid gas poisoning. JNI. Peiletan las postponed further trials. The Tench Government have purchased the dans of M. Verthon’s submarine boat or £BOOO, and are building twenty of hem. Thirty-two out of thirty-five French riflemen were killed in the Guiana nassaere. The Chancery Court of New Jersey forbids the retirement of forty million sterling of Steel Trust pie-paid stock, by tlie issue of fifty million bonds, as impairing those not desiring to exchange. ft upholds the preferred shareholders’ rights vested prior to a special statute•being rushed through the New Jersey Legislature in 1902. The directors are unable to alter the stock without consent. An appeal against the decision has been entered. Unprecedented cold is, being experienced in Cape Colony, where thousands of stock and , sheep have perished. Germany’s difficulties in Poland are increasing. The Kaiser’s anti-Polish speech lias greatly, strengthened the pan-Slavs. The agitation has exasperated the Russian and Austrian Slavs. The revolutionists at La Grayra have been repulsed. There are 990 eases of small-pox in the hospitals, but there are now only a dozen fresh cases daily. In the House of Commons a question was asked as to the recent incursions of a French force on British territory near Lake Tchad. Mr Chamberlain replied that, as Britain had not in a military sense occupied the British sphere of influence when it was invaded by the French nursuers of Fadrelallah, a 1 son of the Sultan of Rabal, it was not necessary to make representations on the subject to the friendly Government. Mr John I-lolmes, formerly Trade Commissioner of New Zealand,, investigated the cold storage accommodation at Cairo, and Port Said. He holds optimistic views in regard to Australian trade, and believes vessels will hereafter provision at Australasian centres in preference to London. Lord Harrow by, of Sandon Hall, Staffordshire, entertains the Colonial Premiers on the 21st.

The Council of King’s College, London, resolved by 22 to 2 to abolish rests, except for professorships and lectureships in divinity. The Stock Exchange closes on Die 26th until the 3Uth. SYDNEY. June 18—The Sydenham railway accident cost the Commissioners £15,500 for compensation and other expenses. MET,BOURNE. June 18.—Strong opposition has been manifested in the House .towards the Federal borrowing policy. It is very likely the Loan Bill for a million will either he defeated or delayed. MARITIME SUPREMACY, By, telegraph—Press AssociationCopyright. LONDON, June 17. Sir John Colomb read a paper before the London ChaniL. of Commerce upon trade in war time. He said the effect of the war would be greater. upon our trade to Indian and colonial ports than our Home trade, owing to the greater proportion of our ships carrying commerce in the twu Hemispheres. The demands on the, Empire for water carriage averaged 25,000 tons per hour, day and liignt. It was an urgent necessity to encourage private enterprise to develop speed endurance, and carrying capacity of the liners, that the steamship companies should be bound to cont nue their own lines in war time, and. should receive armaments and crews for their guns. In conclusion, Vice-Admiral Colomb affirmed that every son of an Oceanic Empire ought in peace time to contri. bute means towards keeping the sea clear in war time. The surest, condition of economic survival was territorial safety and maritime peace.