SPECIAL TELEGRAMS.

Grey River Argus, Volume IX, Issue 734, 1 October 1870, Page 2

SPECIAL TELEGRAMS.

London, Aug. 19. The Bank of France has suspended specie payments. A loan of L 40,000,000 has been introduced. The battles fought at Weissenbnrg, Woerth, and Forbach were more disastrous to France than were at first supposed. Marthal M'Mahon' s corps was almost annihilated. September 1. Prince Napoleon's secret mission to Italy was unsuccessful. Chalons and Rheim were evacuated on the 20th and 23rd August. Marshall M'Mahon with a new army attempted to relieve General Bazaine at Metz. After two days hard fighting at Bnsancy was driven back yesterday beyond the Meuse, losing twelve cannon and several thousand prisoners. He is retreating to Sedan. The Prussians have occupied Hagenau. The French Emperor has left for Sedan. The carnage has been terrible, and the population are panic stricken. England is raising contributions to succour the wounded of both armies. The fourth German army is in the field. Strasbourg is surrounded by 50,000 Germans. A destructive bombardment has continued for several days. The population is starving in the sowers. The Governor ] refuses to surrender. A German army is marching on Paris. General Frochu has expelled all useless citizens from the capital. Fortifications are manned for a long soige. Paris is hopeful. A L 30,000,000 loan is sub-" scribed. . ' A public meeting has been held in Germany, which counselled the Prussian King to exact conditions that would guarantee a lasting peace. The carnage is still raging furiously. There had been desparate lighting for three days between Metz and Verdun about the crossing of the Moselle. Each side claims the victory. The French were driven back to Metz. Their position is perilous. Bazaine's army is nearly isolated, having lost 2000 prisoners, two eagles, seven cannon, and several generals. The French Emperor is reported at Rheims, and the Prince Imperial retreated to Paris. . . ', General Trochu is in command at Paris. The fortifications are being pressed forward. The citizens are desponding. All Germans in France have been expelled. Rome is quiet ; other powers maintain strict neutrality. The French fleet in the North Sea had an indecisive naval engagement on the 16th August off Rugen. British mediation is strongly urged by the Times. Beneditti, Prince Murat, and Count Bernstoff have seen Earl Granville and Mr Gladstone at Walmer Castle, and the Queen at Balmoral. Fatal riots have occurred at Londondery. The city is proclaimed under millitary rules. j The report of the North Australian Company was adopted. The Bank of Australasia has declared a dividend of 6 per cent, with a bonus of L 4. Bank rate of discount 4i ; consols, 91| ; Colonial debentures declining ; Victorian sixes, 102£; Sydney, 100 j. Arrivals none. The reserve of notes in the Bank of, England, on the 25th, was L10,875,O0O; the bullion was L 20,000,000. Oriental Bank shares were L4l on the 27th. The New Zealand Guarantee Bill was ineffectually opposed in the House of Lords by Earl Grey. Earl Granville justified it on the ground of the exceptional circumstances of the Colony. Earl Carnarvon contended that the previous policy of the Colonial Office had nearly produced a great Colonial cataetrophe. The exports to all Australian colonies, except New Zealand, have this year diminished.