NEWS OF THE FORTNIGHT. [BY OUR LONDON CORRESPONDENT.] London, November 8.

Te Aroha News, Volume I, Issue 29, 22 December 1883, Page 3

NEWS OF THE FORTNIGHT. [BY OUR LONDON CORRESPONDENT.] London, November 8.

Novemijkk, dreary dull, foggy November has once again arrived, bunging with it the usual contingent of early winter horror*. Explosions, collisions, shipwreck, murder, starvation and suicide— all the catastrophes and all the crimes —have made their preliminary bow ; in fact (to quote my facetious friend "Da-ionet 1 ') "the horror season has been started with complete eclat," Several of the usual notable sensations of the fortnight will be ionnd duly dealt with hereunder, but .such comparative trivialities as the railw ay sma^li at "NVatiord, the attempt to assassinate Lord Lansdowne, and the failure for a solid million of that mighty "cotton cornerer," Mr Morris Ranger, you will already have read about in the newspapers brought by the Tongariio. 1 think the collapse of Ranger if, perhaps, the worst of all the catastrophes recently chronicled. It seems to have struck at the very root of Liverpool's commercial prosperity. Firms that have withstood bad times, both in Europe and America, for more than a century, are now tottering, and every day we hear of some well-known name dragged in the " slough " of bankruptcy, lianger seems to have been believed in implicitly. For more than a decade he has shown himself a veritable Napoleon of cotton finance, invariably correct in his prognostications, and always generous, even to those he "cornered." Firms set their faces against him for years, then, one by one, gave way and consented to do business. He came, he saw, he conquered, and now, through a small miscalculation, the man is ruined.