Untitled

Southland Times, Issue 1564, 16 April 1872, Page 3

for Foreign Affairs, blamed (?) the Government for this trouble. Mr Gladstone and several other members defended the action of the Commissioners, and the Government said they hoped the American claim for indirect dnirngrs would be withdrawn. Earl Granville's despatch contains no thrt-.Vs of wilhdnwal from arhitra' ion, and makes neither demand nor proposil, but simply calls attention in temperate language to the meaning that England attaches to- the terms of the Treaty. He says that the Cabinet and people of Britain are unanimous in abandoning arbitration unless the American claim is modified, but that there is no intention ot offering an affront to America. The situation is regarded in the hi^hpst English, and American quarters as extremely grave, but not hopeless. February Bth. On 'Change, business for the moment is demoralised. The market for American securities opened fl it, with a marked decline in all .quotations. The Press, although moderate, finds fault with Mr Gladstone for defending the Treaty, and maint dns that Parliament is unanimously in favor of the rejection of the American demand. February 13th. The Times argues that Great Britain would have terminated the Treaty of Conference had it been understood that a demand would be made for losses caused by the prolongation of the war. February 21st. The London Daily Telegraph says the Treaty of Washington, as interpreted by Americana, is an unconditional surrender, such as is only extended at the point of a victor's sword. The marriage of the Marquis of Bute to the daughter of Lord Edward G\ Howard is ■ announced to take place shortly. In the Tichborne ease, the examination of witnesses for the defence has commenced.

Paths, February 24th. In the National Assembly, the Bill increasing the powers of the Government over the Press, which was made a Cabinet question, was opposed by 308 members as against 285.

Sa>t Francisco, February 29th. Special Telegrams : — Wheat is at 12s 4d per cental. Flour is at 6 dols. to 6 dois. 2| cents. Oats are at 1 dol 5 cenfc. Barley is at 1 dol. 45 cents to 1 dol. 55 cents. In consequence of shipments to Australia, it is expected that wheat will rise frem 2 dols. per cental to 2 dols. 50 j cents per cental.