DIRECT TELEGRAMS FROM EUROPE TO AUSTRALIA.

Southland Times, Issue 1674, 10 December 1872, Page 2

DIRECT TELEGRAMS FROM EUROPE TO AUSTRALIA.

Hokitika, Dec. 9. The Tararua brings later European intelligence. {By Submarine Cable.') London, Nov. 26. The Royal Adelaide, for Syduey, was wrecked at Portland. Ten persons were drowned. The ship Calcutta has twice returned to Plymouth. The Australian mails by both routes have arrived. The price of wool has slightly given way, but combing fleeces were still eagerly competed for. Clothing and greasy sorts attract little attention. Cape wools are lower. The attendance of foreign buyers is increasing. The Shah of Persia has granted Baron Eeuter an exclusive concession for the construction of railways, tramways, and waterworks, and also for the working of mines in Persia. Jay Gould has been arrested in connection with the Erie Railway swindle. The examination of the books showed ten millions of dollars unaccounted for. Gould was admitted to bail in one million dollars. The majority of the committee of the French Assembly appointed to draw up a reply to M. Thiers's message, are favorable to the system of Ministerial responsibility. M. Thiers insists on constitutional reforms. The situation meanwhile has become serious. There is a complete rupture between M. Thiera and the Monarchists. Great excitement prevails. Should M. Thiers resign the Monarchists will appoint General Changarnier dictator. Nov. 27. The Eoyal Adelaide is broken up, and the salvage will be small. Lady Doughty is seriously ill. Her deposition has been taken. A minority of the committee of the French Assembly propose, with the approval of M. Thiers, that a committee of 30 should prepare a Bill establishing Ministerial responsibility, certain necessary reforms being requisite to secure the regular working of constitutional government. When the committee's reports were read to the Assembly, the majority asked for an immediate discussion, and the minority proposed an adjournment to Thursday, which was approved of by a majority of 356 to 332. This result is regarded as a favorable indication for the Grovernraenc. It is believed that the crisis is now virtually ended. There are indications of compromise between M. Tbiers and the Conservatives. The Reorganisation of Counties Bill has passed the Cnamber of Deputies at Berlin by 208 votea to 91. Nov. 28. Discount, 6 per cent. Consols, 92|. Statistics published in the Times show that the desertions fiom the army are less than were supposed. Nov. 30. Capt. Martin, of the Royal Adelaide, acted culpably at the time of the wreck. An enquiry has been oidered. A Tasmauian railway contractor is sending out 1000 men. Mr Dillon Bell has been created a Knight Bachelor. In YFOOI, tbe home competition is limited, but a good demand exists for export. Cross-bred descriptions are in favor. The rise in combing sorts has been supported. Greasy is cheaper. The proportion of faulty wool is excessive. Large withdrawals have taken place. Oil and tallow are steady. Hides and leather are easier. The stock of flax is deficient. New Zealand consolidated fives, 10l|-. The reserve in the Bank of Engiand has been augmented by £4,000,003 sterling during the last fortnight. Paris, Nov. 29. The excitement is intense. The monarchical parties are united and well disciplined.