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TELEGRAMS.

* (from exchanges.) WELLINGTON. December 16. The Government have received and pubfished a despatch from Sir J. Vogel, in which he impugns certain statements made in a lettei- from the Loan Agents to the Colonial Secretary, dated May 13, and says, “ I am of opinion the conduct of the three agents, especially that of Dr. Featherston, in sending to the Government such a letter and disclosure, without allowing me to sge them, is most unbecoming aud detriment&Lto theintercsts/of“ the public service, and I have the honor formally to make a complaint on the subject.” Sir J. Vogel then goes on to say that] owing to the publication of that Tetter in the colony, a wide-spread misuudprstanding exists as to his action in London with respect to the deposit of the four million loan with the Bank of New Zealand ;< that the determination so to deposit the loan was arrived at by the agents at the time of the negotiation with Rothschild. - . The Government have received a cablegram from Sir Julius, Vogel, stating that he had succeeded in'effecting an arangement with the Bank of England, by which the bank* subscribes and manages New Zealand stock. This will make our bonds current, and give the holder the advantage of obtaining bonds “to bearer,” and exchanging backwards and forwards. This arrangement is subjeetto the approval of the Assembly. The Luna has just returned from White’s Bay. The tests indicate a clean break of cable, about fourteen miles from 'DUNEDIN. December 20. The elfibtion took place to-day. The result of the poll was as follows: — Macandrew, 891; Stout, 865 ;. Larnach, 843; Reynolds, 476; Macassey, 409, Fish, 238. Macandrew, Stout, and Larnach were elected—Mr. Reynolds being defeated. ./

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/PBS18751225.2.9

Bibliographic details
Ngā taipitopito pukapuka

Poverty Bay Standard, Volume III, Issue 336, 25 December 1875, Page 2

Word count
Tapeke kupu
282

TELEGRAMS. Poverty Bay Standard, Volume III, Issue 336, 25 December 1875, Page 2

TELEGRAMS. Poverty Bay Standard, Volume III, Issue 336, 25 December 1875, Page 2

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