CABLE TELEGRAMS.
For the following intelligence, received via Hokitika, we are indebted to our exchanges : — londos, March 2. Mr Macfie's annual motion, in reference to the Colonies, has been brought forward in the House of Commons. The mover shaped hia motion so as to have especial reference to the question of emigration and occupation of waste lauds. The motion was negatived, and the House bestowed little encouragement on Mr Mactie to proceed to a discussion of the subject. Sir Charles Adderlej styled the debate as a sentimental exereitation ;and Viscount Bury, on behalf of the Colonial Institute, disavowed any sympathy wiih the motion. Sir James M'Culloeh and Mr Daintree, A gent- General for Queensland, have been presented at Court. The German Currency Bill establishes a single gold standard. Discount is moderate. The rate is unchanged. The stock market is depressed. The activity exhibited at the opening of the wool sales was well maintained, but a further decline of three halfpence since the opening is reported, particularly of greasy sorts, owing to the large stocks on hand, and the restricted competition on the part of the French buyers. For good washed combing sorts, the reaction ig comparatively less than as regards clothing descriptions. Tailow is lower ; petroieuin, weak ; sperm oil, £96 ; bides, firm ; wheat, dull. March 3. Tbe London bankers have been exten sively defrauded by the circulation of forged bills, £50,000 worth of forged American bonds having been placed on the market. A Mr Lugardi, charged with defrauding Messrs Glyn, bankers, hag absconded, and his bail, £12,000, has been estreated. The Spanish Government asked the Cortes for a credit vote of four millions for the mobilisation of 45,000 Volunteers, to enable the regular troops vigorously to attack the Carlists. There is a great depression in railway stock. The Grand Duke Nicholas of Kussia j has gone to Turkistan. The Irish Catholic prelates are petitioning Parliament for an amendment of the Irish University Bill. In the House of Commons, Viscount Enfield, Under Secretary for Foreign Affairs, replying to a question by Mr Whitwell, member for Kendall, said the Government considered that mo recognisable Government had been constituted in Spain. During the discussion on the Irish University Bill, Mr Gladstone promised ■
modifications in Committee. Profeeßor Fawcett opposed the Bill. March 4. Forged bills, to the amount of £80,000, have been discounted by the Bank of England. The perpetrators of the forgeries are Americans. Paris, March 4. The "Republicans in the Assembly are dissatisfied with M. Duf'aure's speech, and insist on further explanations from M. Thiers. Italy, Austria, and probably a majority of the European powers, maintain relations with' Spain until ■ a regulap Government is constituted. Madrid il quiet, and ex-King Amadeus remains at Lisbon. i Washington, March 3. . Both Houspb of Congress passed a resolution congratulating the Spanish people on the establishment of a Republic. y
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Southland Times, Issue 1716, 18 March 1873, Page 3
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474CABLE TELEGRAMS. Southland Times, Issue 1716, 18 March 1873, Page 3
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