CONDENSED CABLEGRAMS.
London. Tn the Queen's speech proroguing Parliament, on Saturday, reference is made to England's relations with foreign Powers, which are of a peaceful nature, but at the same time it is regretted that questions between Fiance and Great Britain with reference to affairs in Africa are not settled. Negotiations, it is said, are proceeding for the settlement of the difference. With reference to the question of the Franco-Siamese treaty, it is believed that a speedy and successful arrangements will shortly be made. Gratification was expressed at the Conference in Canada, which is thought likely to strengthen the union between the colonies and the Mother Country. The speeches goes on to say that in Ireland order has been maintained to a remarkable degree, though difficulties exist which the Government are earnestly considering. Continuous rains are spoiling the English harvest. The Government has abolished the aight-hour experiment in the Waltham gunpowder factory. The Nelson Brothers' patent process for thawing beef was exhibited at Smith field, and declared by experts to be superior to all previous methods. The Mersey Harbour Board is greatly increasing the facilties for handling wool and hopes by these means to make Liverpool the centre for the Australasian wool trade. A forecast of the butter market published, giving the views of the leading Colonial and Continental importers, is to the effect that unless shipments are made early they bad better be reserved until winter. Mr Tallerman is erecting machinery to enable the coarser portions of Australian meat to be treated. He addressed the co-operative societies of the East End, urgbg them to promote the sale. The thawing of frozen meat under Messrs Nelson Bros.' new patent will cost one farthing per lb, and Smithfield experts expect that it will increase the value of meat Id to l£d per lb. The process of mechanical thawing will occupy two days for mutton, and five days for beef. Pivduce merchants in Cadiz, Spain, have requested Mr Forrest, of Queensland, to forward there a trial shipment of that Colony's meat, as they believe there is a good chance of opening up a market. A mass meeting of Trades Unionists an 3 members of Radical Societies, to the number of 80,000, was held in Hyde Park. Resolutions were passed urging the Government to repair the omission to take action against the House of Lords, and give a pledge to immediately abolish the Chamber of Peers. A meeting of Anarchists on Hampstead Heath was broken up by a number of working men. The meeting of shareholders of the Bank of New Zealand passed the report and accounts. Several of those present asked that a committee should be appointed to examine the position of the Globo Assets, but a motion was ruled out of order. The Chairman (Mr Glyn), in his speech, assorted that the laud policy and the system of taxation in New Zealand had stopped estate sales. The directors appointed previous to 1890 were mainly responsible for the late difficulty. The Government had acted promptly, and in a statemanlike manner. Ho stated that the Estates Company had never made more than 1£ per cent per annum, | and this year had made nothing, after providing for interest at 5£ per cent on a million and a half of debentures. Mr Glyn said the increase in deposits in the Colony amply compensated for the decrease in England. No bank south of the Equator was stronger than the Bank of New Zealand. Mr Snow proposed that a committee should be appointed to enquire - into the state of the company's assets, and define the shareholders' position.
The chairman refused to accent the motion; oh. the., grpiitia that it was useless, as the Bank was practically a Government institution^ He did not believe the Government would lose on the guarantee;
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Manawatu Herald, 30 August 1894, Page 2
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633CONDENSED CABLEGRAMS. Manawatu Herald, 30 August 1894, Page 2
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