To-day’s News

Kaikoura Star, Volume XIV, Issue 737, 11 May 1894, Page 5

To-day’s News

LONDON, May 9 Mundella declines to resign from Ministry, on ground that Judge Williams' statement is not judgment. Daily Chronicle says this excuse is not sufficient, and that he ought to resign.

Henry Gibbs has joined Loan and Mercantile Agency Co’s Board of Directors.

Daily Chronicle says there is general feeling among members of House of Commons that Mundella ought to resign Presidency of Board of Trade, and leave it unfettered in task of deciding whether directors of Loan and Mercantile Agency should be punished. Baird has assisted in forming a cooperative scheme among Lancashire and Yorkshire salesmen, who undertake to distribute Australian butter and return part of proceeds as a bonus to producers. Good competition maintained at wool sales. Brantwood brand, N. Z., brought The Americans are buying good greasy sorts. Committee of House of Commons passed English, Scottish, and Australian Chartered Bank Bill, which enables the institution to pay interest which accrued during time it was suspended. Govt Whips betraying considerable anxiety regarding division on Bill to give effect to Budget proposals, so far as they relate to increase of beer and spirit duties. Parnellites will vote against Bill, but other section of Irish Party will support measure, despite strong pressure brought to bear on them by Irish publicans to vote for rejection of the proposals. During discussion on Budget proposals in Commons, Goschen attacked Harcourt, Chancellor of Exchequer, for going to Colonies for precedent in support of graduated taxation. He declared landed interests in Great Britain had been almost ruined by Australian mutton, and that they were now to be wiped out by Australian finance.

Proposals for Disestablishment of Scotch Church abandoned, owing to pressure of other business. World says Sir W. V. Harcourt will shortly receive an Earldom. Chronicle fears that unless Radicals give their whole support to Govt it will be necessary to have dissolution. Report current of outbreak of insurrection in the Argentine Republic not confirmed, but commercial panic has occurred in the capital, and this fact has probably given rise to the other rumour.

During the last few days failures in business firms in Buenos Ayres representing, in aggregate, £4,000,000 have been announced, and the latest advices state several more bankruptcies are imminent.

Fire in navy yard in Bermuda Islands destroyed armoury, but blue-

jackets from warships’ in harbour managed to save magazine. Damage is estimated at £lOO,OOO, [Bermuda dockyard is refittingstation of British North American Squadron, and is strongly fortified.] British East Africa Company has withdrawn offer to transfer its rights to Imperial Govt, as establishment of a British protectorate over Uganda enhances value of territory under the Company’s control. Sir E. Grey, Parliamentary Secy, to Foreign Office, says British troops were not ordered to occupy Wadelai. In House of Commons, replying to question, Parliamentary Secretary to Colonial Office said Govt was still considering request for extension of provisions of Australasian Customs Act so as to make it apply to Canada and Cape Colony.

PARIS, May 9 Journal des Debate contends hoisting of British flag at Wadelai is first step to conquest of entire Nile Valley. ST PETERSBURG, May 9' Vast Nihilist conspiracy discovered in the capital. Hundreds of arrests effected.

NEW YORK. May 9 News from Central America states Govt troops have inflicted three successive defeats on rebels in San Salvador.

In engagements 400 were killed and 1500 wounded, most of them severly. WASHINGTON, May 9 Coxey, Brown, and Jones, leaders of great unemployed agitation, committed for trial for violating statutes relating to Capitol, but have appealed to higher Court.

Police shot several of Coxey’s army for boarding a train in Washington State.

Under Democratic compromise on Tariff Bill it has been agreed that wool shall be admitted free into the United States after 2nd August. Efforts, however, still being made to place duty on raw wool. CAPETOWN, May 9 Boers are preparing to wage war against number of native chiefs for refusing to pay taxes and defying the Govt.

OTTAWA, May 9 Reid, Victorian delegate, met with enthusiastic reception at Toronto. He delivered address on objects of his mission. Sir J. Thompson, Premier of Dominion, said Canadians were united in desire for close relations with Australia.