CONDENSED CABLEGRAMS.

Manawatu Herald, Volume III, 24 February 1891, Page 2

CONDENSED CABLEGRAMS.

London. Watson and Sons, merchants, of London and Melbourne, have failed. Their liabilities are £130,000, but assets are available to a very considerate amount. The news of the failure of Watson and Sons, merchants, has created a sensation in business circles in Melbourne. The failure, is . believed to be' due to bad debts contracted in Melbourne. These have boen accruing since the burst of the land boom, and they were considerably increased by the late strike. The attempt to affect a compromise between the United Labour Connoil and the Shipping Federation has failed, the latter virtually insisting on au unconditional surrender by those on strike. The Union is ; licensed at the action of Federation, and declare that the' proposals of the 13th in.st, in which it was agreed that no preference was to be given to non-Union men have not been observed. The Union leaders further state that if the Federation on Monday insists on a general acceptance of the Federation ticket, a lockout is inevitable, and that it will be followed by a colossal 'strike of the maritime trades. .. ■ Mr Justin Macarthy is sending Messrs T. D, Sullhan and Cox on a mission to Australia on behalf of the party "who have seceded from Mr Parnell. Mr.W. O'Brien condemns the hostility shown -by the hierarchy of Ireland t6 Mr Parnell's leadership. Messrs Dillon and O'Brien have been removed.to -(.inhvay — tho former to an infirmary, and the lattor to a cell. The Prince and Princess of Wale^ will visit Ireland in the summer, I

The National League of Great Britain supports tHe Irish Party under tlie leadership of Mr Justin McCarthy. Twenty thousand coal miners in Durham have gone out on strike in sympathy with the tenants evicted from the Silksworth estate of the Marquis of Londonderry. Mr Durtcau, editor ot the Matrimonial News, has paid Miss Knowles the amount of the judgment in the breach of promise case — £10,000. In the House of Gommons the proposal for tile disestablishment ol the timlrVrt of tfngbJnd in Wales was defeated in n ihin House by a majority of 32. Mr Gladstone supported the proposal, explaining that what appeared impossible in 1870 was now possible! $ -.■ OautevWy mutton, 4fd ; Wellington,v4£<f;. Canterbury lamb, 6id. Beef, fbrequarters, Bfd ; hindquarters Ut ... ■We"lliiigkoti lienip, fair quality, averages £ 24 ; inferior averages £22 10s. The market has a downward tendency. j Trust (.^panies, representing thii-ty miliiorte oi' capital, are arranging to compel the Argentine Republic to meet its obligations.