London.

Manawatu Herald, 10 March 1896, Page 2

London.

Lord Rosebery, speaking in the House of Lords, said it was an absolute necessity that Great Britain should possess the strongest navy in Europe. The question was outside politics, and belonged to Englishmen all the world over. . Mr Chamberlain states that Preai dent Kruger telegraphe.d that the surrender of Dr Jameson and his party was unconditional, and further that he deplored the groundless imputation of bad faith. The wool Bales are brisk, with prices hardening. Oommander Ballington Booth and his wife, who were in charge of the American section of the Salvation Army, have accepted dismissal owing to the peremptory demand of Commandant Herbert Booth for their keys. In the Naval debate Sir Charles Dilke complained that at the end of the century the fleet would be barely pqual to the French and Russian combined. Mr Balfour, First 'Lord of the Treasury, said the Government desired to see a steady growth of the navy. By 1899 they would be able to contend with two of the largest possible enemies' fleets.- England did not require to make gigantic additions to her naval forces unless actually forced by enemies.

A Blue Book published by Venezuela makes the British case much stronger than was ever expected. The statements contained therein are the result of researches in Dutch and Spanish archives. Venezuela relies on the fact of Bpamsh missionaries having occupied isolated points of the Country in dispute* The wool market is excited, and prices are hardening. New Zealand long berried wheat, ex warehouse, nominal. South Australian do 29s 6d ; Victorian do, 39* 9d. The hemp market is flat, and shows no improvement. All New £*aland lots Were Withdrawn from sale. New Zealand frozen mutton — First quality, 8 5-8:h perlb ; second quality, 3£4. Lamb, new, 6£d. New Zealand cheese, 40s. Market dull. Butter shows fair business at a slight decline. Danish, lOSM. Colonial prime, 96.* to 100^ ; occasional lota have been sold at 102.