LATEST FROM EUROPE AND AMERICA.

Mount Ida Chronicle, Volume IV, Issue 218, 2 May 1873, Page 3

LATEST FROM EUROPE AND AMERICA.

April 7th. Tl\e Pope is alarmingly ill. Th e City of San Salvador, Guatemala, lias "b>een destroyed by ail earthquake. 800 persons were killed, and 12,000,000 • dollars worth of property destroyed. Briglvam Young- has abdicated, and fled to Arizo.ua. The Fx 'ench elections are likely , to result in Republicanism. ■ The PrLice of Wales has been installed as Grand Master of the United 'Masonic Knight Ten iplars of England and Ireland. Mr Lowe made his "Budget speech in the House of' Commons to-day. The revenue for 1870 was stated to amount to £76,000,000, tind the expenditure to £71,000,000. Half the Geneva, award is to be paid from iyhe. surplus revenue, and the other half by ' exchequer bills. The duty on sugar is to? be reduced one : half, and Id taken off th.e income tax. April 9th. Mr Lowe stated tAe national debt has been reduced by £6,8 61,000. The Budget is generally appro red." " April 12th. Money is easier.' XHscount 4 per ; cent. The bank reserve has declined. 'New Zealand consolidated five's, 103f. The wool market is more cheerful ; tallow firmer; hides and leader dull; wheat dropping, the weather being favorable to farming. April 14th. The Australasian February mail, via Brindisi, has been delivered. April 15th. The Australian Mortgage Land Finance Company ha s declared a dividend of ten per cent., wi'th a bonus of five shillings per share added.

The International Exhibition was opened yesterday. . Dissensions have taken place at Khiva. The Khan executed his chief adviser, imprisoned his uiacle and other personages, and forwarded the Russian prisoners to Orenberg.

April 16 th. The ' Times,* reviewing the proceedings of tlie Australian Intercolonial Conference regrets tliat tlie importance of tlie postal scheme lias been marr ed by the conflict of claims on the par t of ti'ie various Colonies confederation, it i's remote, and the present necessity reqmres that localinterests should be subordinated to the advancement of the whole 1 Colonial group. The ' deprecates inter-cp-lonial rivalries necessitating three postal routes. St. PErERSBUEG, April 7th. The Russian Preiss demand the permanent acquisition of Khiva. Berlin, April 9th. The Emperor, Prince Bismarck; and Count von Moltke proceed to St. Petersburg on the 26th of April, on a visit to the Czar. \ PARis, April 12th." The approaching elections are exciting the strongest interest, as indicating' the feeling towards the Government. France has paid (Germany a fur ther sum of 10,000,000f. ; .. \ Madrid, April 12th. A new Captain General has been appointed for Catalonia, and most rigorous measures are being tal'en to restore discipline. The Carlists b.eseiged Piiycerda, but withdrew with the Joss of three hundred killed. The place was most heroically defended by the bes eiged. ' Ameirica. Brigham .Young has resigned his secular offices in Utah, and p:roposes founding a settlement at Arizona. Gtal]£iE, April I.6th. The Baroda sailed for Australia on the 14th.