NEW ZEALAND.

South Canterbury Times, Issue 7065, 10 February 1893, Page 3

NEW ZEALAND.

(Bp Telegbape.) Yachting*. AUCKLAND, Fsb. 10. The judge has deeideded that Kona wine the first-class yacht race at the annu il regatta on time aUowance ; the Muritai it second. Murder will Out. BAHIATUA, Fbb. 10. What are supposed to be Jacobsen’s remains have been found in a calcined state in a rata stump near the place where he had 'been camped. On handling the bones they crumbled to dust, but the teeth, some shirt buttons, and a few trifling articles have been identified. The police decline to furnish any information whatever. It appears that Aid ridge’s whereabouts were discovered through a girl in Christchurch. It was from the postmark on a letter received from Aldridge that be was caught. Trap Accident. Richard Spain, described as “ the mcdel village settler of the colony ” is lying ia an ■ unconscious condition from injury to the spine caused by the upsetting of his trap | during a bolt. Tie Cheviot Estate. WELLINGTON. Fbb. 10. The Government have determined to sell the right to run stock on the Cheviot estate for 12 months, but a condition will be made that not more than 30.000 acres may be resumed by the Government about Octsber, at which date it is determined to dispose of agricultural lands. Earthquake. A shook of earthquake was felt just before 2. Six shocks have been felt since December 2nd. The Cable Bates. The result of the decreased cable rates for January, the first month of operation, is that the number of international messages has increased by 72 89 per cent., and 21 29 per pent, in value. This is four times better than estimated. Intercolonial telegrams have in number, but the value of decreased 26’24 per cent. ; much was anticipated, while the was only estimated at messages increased ■Br Fbb. Association was mornby Mr Taylor Otago v Cantorwas reto be The

80, mistakenly, for a noticeable fact in connection with the mania was the strange faces. In fact everybody turned out, and of court® had a stake in the game. The fury of the speculation was of course at its greatest just before the collapse. Indeed, -comparatively little notice was taken of it by the public generally until within three or four days ef the end. There can be no doubt about it, many were standing to win largo sums of money-one house is stated to have cleared 450,000d01. When the babble burst some were caught holding as many as 2,009 stamps, which they might have sold on the previous day at SOdol apiece. These were at one time as high as 35d0l each. Envelopes reached 95 dol. On the night of Friday it was evident that there were rocks ahead, although it was not until the ss. Saturno arrived on the following afternoon that the crash came, and that people who thought until then that their pile was made had the sweet morsel of long-cherished, and now at last satisfied, hope turn to ashes in the mouth. To form an idea of this mania you must I know that people pledged their houses and lands for stamps. Splendid gold watches changed hands for four or five stamps ; diamond pins and brooches for two or three stamped envelopes : tailors and bookmakers contracted their respective wares for stamps. Kay more, ladies, I grieve to say, were led to sell their trinkets and their relies for this new idol of the hour. The long faces of holders of stamps and envelopes just before and after the smash came have given origin to a fresh expression—when a man looks down in the mouth you say he has a “ post-age-stamp mouth ” What a lot of fools you say there must be in Paraguay. Yea, but aren't “ the one or two clever people ” about as clever as they can make 'em ?