London.

Manawatu Herald, 21 January 1893, Page 2

London.

The Oamavu bondholders have approved the consolidation of the loans into one bearing interest at 5 per cent. The New Zealand and River Plate Land ; and -Mortgage. Company have decided to limit advances on properties in New Zealand to 50 per cent of their value, as they have been assured it is unwise to lend more than that. ,The Times, commenting on the company's decision, says they have ta'cen a prudent course owing to the foolish attitude of the New Zealand Parliament towaids capitalists. Mr Glachfc ne says he does not believe the Kanaka in the South Sea Islands are kidnapped and carried off into slavery, and thinks it would be highly improper to mate representations to the Queensland Government on the subject. The Daily News says the British Representative in Egypt demanded the resignation Fakhir, ■ the new Premier, within 24 hours, and at the Khedive's request he resigned immediately. A serious crisis was thus averted. The McCarthy section of the Irish

i Party have decided to give Mr Glad- > stone solid support on his English measures. A. mass meeting of Unionists at Belfast has confirmed the decisions of the Ulster Convention. Immense enthusiasm was shown, and thousands were unable to obtain ad--1 mittance. In consequence of the revelations in his book) it is believed that Le Caron is being shadowed with sinister motives, and the police entertain great anxiety for his 1 safety. ' Five thousand dollars has been '. offered as an indemnity for the murder of the British subject at Tangiers, but the amount is regarded as inadequate, and the English Government demands further reparation. It is now believed that the Khedive acted on his own initiative, and it is stated that he dismissed his Ministers with great discourtesy. France and Russia both disavow any connection with his action, but Ismail Pasha, ex-Khedive, is suspected of instigating his grandson. The excitement among Egyptians is unabated. The Khedive has apologised and appointed Riaz Pasjia Premier. Tne French press sympathise with the Khedive. The Opposition press in England commend Lord Rosebery's energetic action, which Mr Gladstone supported by a special meeting of the Cabinet. Though tfakhri Pasha has to retire, the new Egyptian Ministry includes several new and anti English members, but the British authorities are satisfied because Riaz Pasha is a strong supporter. The Khedive also undertakes not to change his Ministry without consulting England.