LATEST EUROPEAN NEWS.

Nelson Evening Mail, Volume XIII, Issue 205, 8 October 1878, Page 2

LATEST EUROPEAN NEWS.

TReUTEH'S TELEORAMfi PEtt PIiESS AGENCY.] Londox, Sejieajber 2GMuch uneasiness is felt oa the Con£jfl£»t at the Afghan difficulty, lest ifc may lead £3 , conflict between England and Russia. The Standard says Russia persists in. its scheme of a permanent mission to Cabul. September 27. Orders hare been giveu to mass troops at Quettah, with a view' to an immediate advance iuto Kandahar. The Cabul mission is disso^etf. It U' expected to detach the Kybor Pas? from th<s i Ameer, although the British Government are iu possession of evidence showing that Russia promised the Ameer a subsidy aud a part of Indian territory, in the event of a successful war. They desire to leave the Afghan question entirely iu tho hands of Lord Lyttou, and to avoid dragging JJussia iuto the dispute. The Austrians have occupied Swarank. There has been a gunpowder explosion at the Southern railway tuunel. Air Gladstone has published a letter thanking South Australia for a congratulatory address on bis conduct on the Eastern question .

The Turks have been defeated by the insurgents iu Thessaly. SirM. Hicks-Beach, in a speech at Chipping. Norton, warmly praised the patriotic behaviour of the Colonies during the Eastern crisis, as testifying to the loyalty and unity of the Empire. 1 The British fleet leaves Prycepo on Saturday, for Ortaka. September 28. Money market easy ; large imports of gold nave given an improved monetary position. I Discount rates in tbe open market is equal I to the Bank minimum. The Bank reserve is becoming so strong as to warrant a reduction in the rate of discount. The stock market is agitated by the Afghan crisis. The market for Colonial debentures is heavy and depressed. The improvement recently reported in wool is totally lost. Prices show an average decline of three half-pence to twopence.