LATEST BRITISH AND FOREIGN INTELLIGENCE.

Kumara Times, Issue 2611, 19 January 1885, Page 2

LATEST BRITISH AND FOREIGN INTELLIGENCE.

* . [REUTER'S TELEGRAMS.] I-')Y Electric Telkgraph—Copyright. SETTLEMENT OE EGYPTIAN FINANCES. VICTORIAN GOVERNMENT'S CLAIM ON THE ORIENTAL BANK ESTATE. SAILING OP THE RIMUTAKA FOR NEW ZEALAND. EDMUND YATES, TEE LIBELLER. DEATH OF ABOUT, THE FRENCH AUTHOR, (Received January 19, 0.45 a.m.) London, January 17. Proposals counter lo thnso made l>v the British Government iu November

last for the settlement of Egyptian finances have now been put forward by the French Ministry, and have received the support of Austria, Germany, and Russia. Evening. M. Waddington, French Minister in London, has presented counter proposals by the French Government for the settlement of Egyptian finances to Earl Granville. The proposals comprise a loan of 9,000,000 sterling, issued under a guarantee of the Great Powers, a tax on all coupons of Egyptian bonds, and the appointment of a Commission of Inquiry into the resources of Egypt. The refusal of the Victorian Government to accept the offer of 19s in the £ from the liquidators of the Oriental Bank estate has been brought before the courts, and Justice Chi tty gave judgment in the matter to-day, deciding that the colonial statutes do not affect the claim of the Victorian Government upon the estate. (Received January 19, 12.30 p.m.) January 18. Sailed, yesterday afternoon, the New Zealand Shipping Company’s Royal Mail steamship Rimutaka, for Wellington, with the New Zealand mail. The Court of Appeal has confirmed the sentence of four months’ imprisonment passed in April last upon Edmund Yates, proprietor of the World newspaper, for the libel of Lord Lonsdale. (Received January 19, 0.45 a.m.) Paris, January 17. The death is announced of Edmond About, the well-known French author and journalist; aged 57.