REUTER’S TELEGRAMS.
TO PRESS AGENCY. London, October 3. The total liabilities of the Glasgow Bank amounted to .£10,000,000; assets unknown. One cause of failure was the lock up of its capital in Australian and New Zealand land. .; Three largo Indian houses failed in couse--1 queuce, with liabilities £3,0.0(1,000. The results of ail these failures is more disastrous than the failure of the Western B ink in 1857. The negros in Santa Cruz have revolted, and taken possession of the island, committing murders and fearful atrocities.The Daily News says that an immediate movement of British troops on Calml baa been decided. Count Andrassy letires from the Chancellorship of the Austrian Empi-e. Evidence shows that the cause of the catastrophe of the Princess Alice steam-*r was that the captain and pilot were both drunk, r — October 7. The Cabinet dispersed to the country i after the meeting on the sth. It is i understood that no definite conclusion I was arrived at on the Afghan question, I but the Government will support the | Governor General of India, and pioj bably Kandahar and Je I a bah ad will lx; occupied before the winter. | October 8. | Large reinforcements leave England i immediately to alignment the batteries ; and regiments selected for- service in , Afghaiiist in. The revolt at Santa Cruz has been suppressed. The resignation of the Canadian Ministry is announced.
A clerk in a bank absconded with notes to the value of £15,000. Obituary. Lord Chelmsford, and Mr Whalley, M.P.
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Bibliographic details
Kumara Times, Issue 637, 12 October 1878, Page 2
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247REUTER’S TELEGRAMS. Kumara Times, Issue 637, 12 October 1878, Page 2
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