CABLE NEWS.

Manawatu Herald, Volume XXVII, Issue 3502, 28 March 1905, Page 3

CABLE NEWS.

The Eastern War.

PERIL OF LINEVITCH. A VAST JAPANESE TURNING MOVEMENT. RAILWAY OPERATION. London, March 24, Russian telegrams from the front declare that unless two hundred thousand troops are immediately sent to reinforce General Lin.ijvitch, a retreat to the Sungari Phver, a few miles beyond Harp’ng, and possibly to Siberia, is ’me'vitable. A vrnjt; Japanese turning movement is developing through Mongolia, with primary object of attacking the railway near Bodune or Tsitsihar. According to Russian correspondents the Japanese are assured of a numerical superiority in cavalry, and are recruiting Chunchuses in Mongolia. A large Japanese column from Korea 5s advancing northward towards the railway with the object of isolating Vladivostock. General Rennenkamp will post three-fourths of his force to operate #outh-east of Fnsuh. Owing to Chinese attacks on the guards, the Kirin branch of the RussoBank has been transferred to Harping. The Russian forces are concentrating between Changchun and Kirin. They are also erecting formidable defences along the railway east and south, of Tsitsihar; The Japanese are altering the railway guage. THE ANGLO-JAPANESE ALLIANCE. St. Peterrburg, March 24. The prospect ®f an extension of the Anglo-Japanese Alliance has led Russian newspapers to deplore Russia’s refusals to meet the friendly advances ot Britain and Japan. London, March 24. “ The Times ” says the extension of the alliance is not directed against Russia, but is simply meant to preserve the status quo in Asia, as arranged after the war. THE LOANS. London, March 25. The 4J per cent. Japanese loan of thirty millions, to be issued at 90, has been underwritten, the loan to be secured by the tobacco monopoly, London, March 25. M. Kokovtseff, Russian Minister for Finance, states that the bullion re* ■serve at St. Petersburg amounts to jf88,800,000. In addition to this there are twelve millions on deposit in London and Paris, and thirty-two millions belonging to the Treasury at Paris and Berlin. M. Kokovtseff repudiates the suggestion that the' state of the country’s finances prevents continuation of the war. A PROSPECT OF PEACE. St. Petersburg, March 27. A majority of the Council of Ministers has agreed as to the opportuneness of initiating negotiations for peace. Thfe decision has been communicated to the Czar. WHY RUSSIA REJECTS PEACE. London, March 26. The St. Petersburg correspondent of the “ Daily Telegraph ” states that the demand for an indemnity has been the chief obstacle heretofore to the conclusion of peace. Russia is willing to make important concessions of territory.