LATE ENGLISH NEWS.

South Canterbury Times, Volume XV, Issue 2065, 5 November 1879, Page 3

LATE ENGLISH NEWS.

It is rumored in Loudon that the Commission presided over by Lord Carnarvon appointed to enquire into and report upon loans contacted by the different British Colonies for railway harbours and other improvements, disclosed a fiscal policy which, in several instances, if not checked, may lead to the creation of Impend indebtedness, which it may strain the Colonies to meet The investigation disclosed widespread defects in the borrowing powers of the Colonies. Steps will no doubt be taken by Government to check by representation or otherwise the financial powers - exercised by the Colonies. The French “ Moniteur” writing on the subject of Imperial federation expressed a belief that th# chief event marking the close of the century would be the general federation of all British possessions bound firmly together into an Empire of over 250,000.000 souls. The “Moniteur” thinks thattheforces by sea and laud, which such an Empire would be able to dispose of, would be so colossal, that they could only be counterbalanced by the federation of the other States, and the balance of power in Europe would have to be established On a new basis. In connection with the liqyal Commission on Colonial defence, it is suggested that each Colony of magnitude should be represented on the Commission by men* of ability, endowed with local knowledge and experience. It is understood that the scope of the m<miry is very wide. Part of the duty of the Commission is to consider how far the Colonies should be invited to unite in a general system for the defehce of the Empire. It is understood that the Eoman Catholic Bishop of Salford, Dr Herbert Vaughan, brother to the Archbishop of - Sydney, will be translated from Salford to the Archdiocese of Westminister as coadjutor to Cardinal Manning.