CONDENSED CABLEGRAMS.

Manawatu Herald, 13 August 1892, Page 2

CONDENSED CABLEGRAMS.

London. Mr Gladstone, in speaking on the amendment to the Address-in Eeply, said lie denied that Home Rule had been carried by an Irish majority. It wtfuld be quitt time to criticise the policy of the new Government when it came into office. He hoped that the evicted tenants' difficulty would be settled in the autumn by volun tary arrangement, but as to giving a pledge to grant an amnesty to political offenders that could not be done until he entered office. The Coercion Act he thought ought to be removed from the Statue Book. It was impossible to say what a new Government would submit to Parliament six months hence. The Hon A. J. Balfour, in replying to Mr Gladstone's remarks, said the Government had followed the precedents of 1841 and 1859, and these were the best precedents, because they were dealing with a party having three separate forces, each with a different leader. ' He taunted Mr Gladstone that his majority depended upon his allies who were also his masters. The Government, he claimed, had a right to point out the nature of that alliance, which was a Nationalist Party who had been squared, and a Nationalist Party who had not been squared. He asserted that any attempt to go • vern Ireland by ordinary law would be a failure. As to the Home Rule Bill, he was not at all surprised that the Liberals had not revealed its details, because they did not know the details themselves ; and he argued that if the Gladstone Party carried out half their promises -they would make themselves a spectacle before the world. It was said ' that the Government had not the confidence of the Bouse of Commons, but he pointed out that !*Tr Gladstone's confidence was that of a slave to his master, whom he knew could force him into doing anything, however ignoble. Mr Goschen, Chancellor of the Exchequer, was confident that the Unionists possessed a majority of the British, and he doubted whether the Irish Liberals would give their adhesion to an unknown policy and a conspiracy of silence. The debate has been adjourned. At a meeting of the shareholders of the Bank of New Zealand the Hon Sidney Glyn stated that the business of the institution was in a prosperous and healthy condition. He proposed to spend the English winter in New Zealand, and would embrace the opportunity of studying the bank's affairs. He declared that the increased deposits in New Zealand over-compensated the withdrawal of English capital. New Zealand security was the safest of the Australasian colonies, and he hoped shortly to pay the Estates Company's debentures and substi-

tute others at the lowest rates of interest.