AUSTRALIAN NEWS.

Globe, Volume XXII, Issue 1981, 30 June 1880, Page 3

AUSTRALIAN NEWS.

[By Telegraph.] The greater part of the Australian news per Arawata was given in our issue of yesterday. The following are additional items : { VIOXOEIA. A deputation or farmers interviewed Mr Nerferd, on June 18th, representing the urgency of the conservation of the water supply and the necessity for canal construction for irrigation purposes. Mr Kerferd said that the engineer was now surveying, and Government hoped to lay a scheme before Parliament in a few weeks. The last mail brought the prospectus of the London Frozen Meat Company with a capital of £200,000, half of which is issued. As recently telegraphed, the prospectus states that meat worth in Australia three halfpence to twopence, is saleable in London at fivepenoe halfpenny. The company hopes soon to commence fortnightly shipments of two hundred tons. Subscriptions are invited here. Proposals are on foot to amalgamate the above company with the Australian Frozen Meat Company. The outbreak of diphtheria in a family at Oakleigb, near Melbourne, was clearly traceable to the diseased teats of a cow on the premises. Judge Molesworth has granted an order for sequestration in Mr Peter Lalor’s estate at he instance of the Bank of Australasia. Mr 1 Lalor has tendered his resignation of membership in the Executive Council, which has been accepted. NEW SOUTH WALES. Mr Watson, in his financial statement on June 16th, said that owing to the falling off in the land sales, amounting to £200,000, and the rejection of the stamp and excise duties, a deficiency of £44o,ooohad to be faced instead of a surplus as anticipated. From this, however, might be deducted an unexpended balance, leaving £290,000. He said it was absolutely necessary that some substitute should bo found for the land sales revenue, and the Government therefore propose to reintroduce the stamp duties, whieh would yield for the remainder of the year £125,000. The duties on wool are expected to yield £114,000 ; on homed cattle £60,000; sixpence per ton output on coal £19,000, total £314,000, leaving a surplus of £24,000. He added that increased taxation will still be necessary, but will be such as will not press heavily on any particular class. A discussion followed the Treasurer’s statement, The proposals had caused some excitement outside, and are expected to meet with considerable opposition. The Press the following day commented unfavorably. Mr Mcllwraith addressed a largo meeting on the meat question on June sth, and said they need not look to English capitalists or steamship companies for assistance. He considered that New South Wales was better suited than America to supply the English with meat. The output of coal at Newcastle last week was 24,000 tons. SOUTH AUSTRALIA. The Electoral Bill passed the second reading by a not very largo majority.