CONDENSED CABLEGRAMS.

Manawatu Herald, Volume III, 9 December 1890, Page 2

CONDENSED CABLEGRAMS.

London.

The members of the Frcr.: 1 : n-ri German financial houses have withdrawn from tho committee which lias b-on engaged in investigating- the stato of the finances of the Argentine Republic. The members of English house? who remained on the committee have advised that no preferential security should be offered over the existing creditors, and recommend the funding of coupons for the natural external bonds for a period of three years 'Hey supgest that in the meantime the inflated paper currency should be curtailed. It is understood that the Argentine Government will adopt the Committee's scheme, and issue a loan for 12,000 on the security of the of tho Customs to meet coupons. The paper currency will be reduced, and no further borrowing undertaken for three years. The Labour Council has ordered the New Zealand shipping Company Shaw, Savill and Co., and British Indian Company to be boycotted for shipping sailors abroad instead of at their offices. The Catholic Hierarchy met on the 3rd and as tho result of their deliberations a manifesto has been issued stating that Mr Parnell has committed a grave offence against religion and society, which offence he has aggravated by making use of every circumstance to secure the scandal pre-eminence. The manifesto also says that the retention by Mr Parnell of the leadership of even a section of the Irish patty will inevitably defeat the ends and object of the Home rule party. At a meeting of the Irish party violent scenes took place, Parnell and FTealy mutually insulting one another. Mr Parnell, in splicing to the motion, said that Gladstone stood unrivalled as a sophist, and that during the last decade he was unablo to extract on single straightforward answer from him. Mr Tlealy said it was shameful for Mr Parnell to persist in insulting Mr G'ndhtone. A number of Parnell's friends and foes consider that he has won a df cided victory. At the meeting tho collapse of the mission of Messrs O'Brien and Dillon in America was admitted. A deputation consisting of Messrs Healy, Sexton, Redmond, and L amy waited on Mr Gad-tone, but the latter refused to pledge himself to anything or in any way assist the Parnell party in the present difficulty. Mr Parnell dec 'ares that in any avent he will' not resign his seat in the House of Commons, and will retfiin control of the large floating balance of tho Irish funds. Mr Gladstone has declined to intervene in the question of leadership but saw. the members of the deputation and the committee alone after a meeting of the Liberal leaders. Mr Gladstone addressed a letter to the committee stating that he was willing to negotiate for a new leader who would have the same footing and confidence as Mr Parnell enjoyed. At a meeting at Hawarden of tho Irish party, on Mr Gladstone's letter being read the majority cheered loudly. A stormy debate ensued, Mr Parnell's friends striving to prevent a final decision being arrived at. Mr Sexton, amid prolonged cheering, dec'ared that if the final di cision was delayed for a longer period than three hours tho majority would meet apart and depose Mr Parneil of the leadership. This statement led to a scene of groat excitement. At a meeting of the Irish party today Mr Win. Abraham, M P. for Limerick West, moved that Mr Parnell should vacate the chair As Mr Justin McCarthy was handing up a resolution Mr Parnell struck him over the hand and snatching tho paper tore up the resolution amid incense excitement. Young Mcr'arthy, who has hitherto supported Mr Parnell, denounced him for having insulted his father, and dic'arod Mr PavneU was an enemy to his country. Mr Parneli refused to put the motion, and asked, " Who is master of Ireland ? Gladstone." Mr Hoaly rn'orted " Whoso rnisfcreii la

" You cowardly scoundrels to insult a lady in the presence of Irish gentlemon." Thereupon fortyfive of those present proceeded, to another room, and elected Mr Justin McCarthy chairman. Mr McCarthy's party issue a manifesto to-morrow. Mr Healy proposed a resolution declaring that tho Irish party must remain independent, and would never accept a scheme of Home Rule unless it was one that would satisfy the Irish people. The result oi ihe mv tuig was convoyod to Mr Gladstone, who exclaimed " Thank God, Home Rule is saved. The New Zealand Loan and Mercantile Agency Company (Limited) h ive received the following cable advice from their London office, dated sth inst. : — Frozen meat — Market quiet. Fore quarters New Zealand beef is worth 3Ad per lb. and hind 1 quarters .'3£ d per lb ; other quotations are unchanged since last cable message. Tallow — There is a good demand. Prime mutton is worth 27s per cwt, and good beef 25s 9d. New Zealand hemp — The market is inactive. Medium quality is worth £23 per ton.