TELEGRAPHIC.

Globe, Volume XX, Issue 1382, 20 July 1878, Page 2

TELEGRAPHIC.

CABLE* NEWS. Large Failure. Why Earl Derby Resigned. Beaconsfield’s Defence. Excitement in Italy SPECIAL TO THE GLOBE. [from OUB OWN COEEHSPONDENT.] London, July 18. Messrs Hazard and Caldecott, woolbrokers, have failed for half a million. Their colonial liabilities arc large. LEEUTBB’S TEIEGKAMS TO THE PBES3 AGENCY.] London, July 19. In the House of Lords Earl Derby declared that he tendered his resignation in the Cabinet in consequence of a resolution of Ministers that a secret expedition, consisting of Indian troops, should sail for Cyprus, and occupy a position on the Syrian coast under any circumstances. The Marquis of Salisbury flatly denied this. Lord Derby reaffirmed it. London, July 19, Earl Beaconsficld, in vindicating the provisions of the Berlin treaty, Jsaid England’s insisting on wresting Batourn and Kars from Russia would certainly have entailed a war, and the object to be gained would not have justified such a result. England took Cyprus instead of Syria or Egypt to avoid offending France. There is great excitement in Italy at the results of the Conference,

[special to the press agency.] London, July 18. It has been decided to erect a college at Cambridge University to the memory ol Bishop Selvyyn, The House of Lords was crowded to hear the Premier’s statement of the results of the Congress. Ho said Turkey remained compact and powerful. Earls Granville and Derby challenged the policy of England regarding Cyprus and the defence of Turkey. The Marquis of dalhbury vindicated it. The Elcho Challenge Shield was won at Wimbledon by Ireland making 1610, England 1560, Scotland 1551. A tramp has been arrested for complicity in the murder of Mrs Wilkins and children at Dolgelly. INTERPROYINOIAL. [PEB PBRBO AGENOY.I Wellington, July 20. The City of New York, with the London mail of the 28th of June, left San Francisco, for Auckland, on the Bth inst.