ENGLISH AND FOREIGN.

Globe, Volume XX, Issue 1547, 3 February 1879, Page 3

ENGLISH AND FOREIGN.

[SPECIAL TO PRESS aqbnoi.] London, January 30. A New Zealand Agricultural Company is announced, with a capital of a million. M. Qamhetta will probably be President of the Chamber of Deputies, Eoumania announces to Austria that she is ready to place fifty thousand men on the Russian frontier to act as a sanitary cordon, and will permit the Russians to return from Bulgaria, but will resist others crossing the mountains. On the new trial of the Bagot case judgment was reserved. The Bank of England has lowered the rate of discount one per cent. [reutbr’s teleorams to press AOENCT. I London, January 31. The Glasgow Bank directors made no defence, and only called witnesses as to character. Potter and Stronach were found not guilty, others have been found guilty of issuing false) balances. Sentence deferred till Saturday. Parts, January 28. Marshall Macmahon refuses to accede to the changes of the anti-republican commanders of army corps, which the ministry desire to make, and which they recently declared they would avoid unless the consequences proved detrimental to the nation. The marshall threatens to resign rather than the army should bo disorganised. A majority of the Chambers intimate that |if his resignation is tendered it will be accepted. The Colonial Institute has appointed a select committee of enquiry as to the practicability of a Colonial Exhibition in London. January 29. Marshall Macmahon, persisting in the refusal to the changes of the commanders, has virtually resigned. January 30. Probable candidates for the presidency:— Q-revy, President of the Chamber of Deputies ; Admiral Pothuau, Minister of Marino and the Colonies. In a letter Marshall Macmahon resigned presidency. The Senate and the Chamber of Deputies were specially convoked to elect his successor. Evening. Q-revy was elected by a large majority, and proclaimed President of the Republic for seven years. The ministry remain in office, the President refusing to accept their resignation,,

Macmahon retires into private lire. Qambctta is elected President of the Chamber of ]>,-pu!ics. Bomtuy, .Tannavy 20. General Stua-t’s cavalry entered Ivalat-i-ghilsai on fho 21et. Yaii Mahomet, brother of the Amcor of Afghanistan, arrived at Kuram, and solicited General Roberts to receive him, A number of chiefs i f the Shimbari accompanying Vhdi.