LATEST CABLE NEWS.

New Zealand Times, Volume XXXII, Issue 4945, 27 January 1877, Page 2

LATEST CABLE NEWS.

♦ (RBVIBRS SPECIAL TO PRESS AGENCZ.: London, January 23. The Marquis of Salisbury has I eft Stamboul. Ignatieff and Werther leave to-day. The other representatives follow, but the Charges d'Affaires remain. Gladstone, speaking on Eastern affairs, said the question was, shall Turkey continue to enjoy the advantages of the Treaty of 1856. January 25. The Agent-General for New South Wales read a paper yesterday, before the Colonial Institute, on the fallacies of the proposed federation of the British colonies. Denistoun Wood, Samuel Davenport Hyndham, Vogel, Westgarth, and the Hon. J. L. Montefiore spoke on the question. The discussion stands adjourned. Towards the Christchurch Drainage Loan £IOO,OOO has been subscribed at an average of £lOl. SrDNEY, Thursday. The Conference, met to-day, but transacted only formal business. Our Premier gives them a marine picnic to-morrow. . The Alhambra left Melbourne to-day for the Bluff. Friday. The Treasurer's Financial Statement was made last night. The estimated revenue, he stated, is nearly £5,000,000, or a surplus of £726,000 over estimated expenditure. The expected receipts would not equal last year's, owing to an anticipated decline in the receipts from land sales. It is intended to propose an increase of. the duty on tobacco, and to remit the duty on salt, rope, cordage, and other small articles, but to retain the duty on timber, ojlmen's stores, and vinegar. '