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TELEGRAMS.

,o » e ENGLISH AND FOREIGN. ,r jj London, Jan. 24. The Economist declares that d treasury bills are unsuited to the e ordinary investor, and that the decision P of the Bank of England not to advance ' upon them excludes them from the ■ category of bankers' securities. They are suited, the papers says, to insurance y companies only, and it points out that unless some restriction is placed on t the issue of these. b.y]|^g^^et,wi 11_ I -soon bie overstocked. It advises the ' public not to buy the bills unless they can obtain them at a cheaper rate, and in conclusion remarks that the colonies in the scramble to place treasury bills , on the market will cause the supply to exceed the demand, which is the surest method of lowering their credit. Henry Hoare, a retired banker, has been declared a bankrupt. His liabilities amount to £50,000. The Rev. C. H. Spurgeon has \ suffered a relapse at Mentone, in the \ South of France, where he is staying for the benefit of his health. Jan. 26. Mr William Lidderdale, Governor of the Bank of England, states that Sir Samuel Griffiths' reply in connection with the strictures passed by the Queensland Government on that institution, simply justifies the attack, ' and is entirely unsatisfactory. The bank must utterly decline to accept the explanation offered. Mr Lidderdale points out that the bank directly and indirectly materially contributed to the final placing of the loan, and the charge is absolutely without foundation that the bank left the Government in difficult}'. The bank, he goes on to say, will continue to render services in connection with existing loans, because they are already in the hands of the public and cannot be interfered with, otherwise the relations between the institution and the Queensland Government would be . brought to a close at once. A serious quarrel has taken place ] between Her Majesty the Queen of , England and the Emperor William of Germany, owing tQ the latter's alleged ] want of sympathy with the Royal < Family in the loss of the Duke of , Clarence and Avon dale. t The Irish papers in commenting on ] the result of the Rossendale election., take the opportunity of pressing Mr Gladstone to reveal his policy. J , Another batch of Socialists have been committed for trial for an un- , lawful assembly in Chelsea. The result of the Rosen dale election ( has depressed the Unionists. The Times points out that Mr Maden, the < successful candidate, was afraid to } justify the Home Rule scheme put ( forward in 1885, and only supported a few extensions of the scope of local. , bodies, always subject to the Imperial j Parliament. The Standard admits that the result of the Rossendale election was a signal j disappointment, and says that it would t be folly to disguise the severity of the s defeat. f Professor Anderson Stuart, of Sydney University, in the course of a paper on " Swallowing," read before -] the Rqyal Society, quoted a remark* £ able case which had come under his i notice in Sydney, where Dr f, McCormick, in treating a patient / suffering from cancer, removed the n whole lower side of the neck, and upper well of the mouth, so that the a act of swallowing could be seen.. The v patient was still ajive and doing well. n |t is considered that the paper has f. thrown a flood of light on the treats % ment qf diseases of the throat,

LrajsQN 4 Jau. osf The Portuguese n--- ■ j °- . mous in sun— .--oss are unani*il - porting the proposal that -ne colonies should be sold in order to reduce the national debt. Rome, Jan. 25. The Pope is in fairly good health, and was able to attend the celebration of mass yesterday. Berlin, Jan. 25. The German Government are despatching a body of marines to suppress the rising among the Wadigos, the situation in the district being regarded as critical. St. Petersburg, Jan. 23. The Grand Duke Constantino, cousin of the Czar, has been attacked by paralysis, and is in a critical condition. Jan. 25. Obituary—The Grand Duke Constantine. The powers of Governors of Provinces have been increased in order to prevent the spread of Nihilism during the existence of famine. Venice, Jan. 25. The Sanitary Conference insists that persons suffering from disease on board vessels passing through the Suez Canal should be disinfected before proceeding. Constantinople, Jan. 24. The Sultan has advised the new Khedive to make inquiries into the

circumstances connected with th( death of his predecessor. Washington, Jan. 20. The ultimatum issued to Chili by th< United States Government does noi make reference to any of the recenl ' incidents which have taken place in Valparaiso. It is simply a defence ol 1 Mr Egan against the complaints made ! by the Chilian Government. In hh message President Harrison declares that the United States demands should be enforced, and they must protect the prestige and dignity of their Government officials in foreign lands against - insult and brutality. In New York the Message has been received with complete indifference, and nobody believes that war is possible between the two countries. The Message has been referred to the Foreign Committee. Stocks are not affected. Pro De Janeiro. Jan. 24. During the riot in Anatonga the secretary of the Chamber of Deputies and a number of other citizens were killed. ' Valparaiso, Jan. 24. The Chilian Government have requested the recall of Mr T, Egan, United States Minister in Chili. They charge him with intriguing to bring about a war between the two countries. The situation between Chili and the United States is still critical. It is expected that the Chilian Governwill not reply to the United States’ ultimatum.

_* AUSTRALIAN CABLE. Sydney, Jan. 25. The whole of the Newcastle coal mines are now working. Jan. 26. To-day is observed in New South Wales and Victoria as a general holiday, it being the foundation day of the colonies. The long standing dispute at Goulborn Cathedral between the Bishop and Captain Rosse over the removal of the latter's family tablet has been reopened and amicably settled. There was glorious weather for the holiday. The regatta was largely attended. | A terrible explosion occurred on board a punt in the harbour to-day. Two men named Tolleson and Northcote were blown to atoms, only a few scattered remains being found. The barge sank. Launceston, Jan. 25. An immense bush fire threatened to annihilate the township of Dundas. A powder magazine caught fire and exploded, the building being demolished. A heavy rainfall saved the town at a critical time. During a fierce squall the Union Steamship Company's S.S. Rotoma. hana grounded in the river Tamar near Georgetown, but is not in a dangerous position, An unsuccessful attempt was made to tow her off, and the cargo is being discharged, ; Jan. 26. The Rotomahana is still aground. She ran ashore at high water, and as the tides are falling it is expected that some difficulty will be experienced in floating her, Brisbane, Jan. 25. Disastrous floods have occurred at Townsville, where inches of rain fell in 24 hours, and 24 inches in 48 hours. The water undermined the foundation of St. Joseph's Church (Roman Catholic) and the builing is now a complete wreck, The greater part of the town ia under water; the suburbs are cut off from communication with the centre of the town, and »'♦ ' not known whether ther~ "" 1S fatalities, - a . re _ an y taken «*•- ;f f P e °P le h * ve .ige on the hillsides. The xuin is still falling. ' Two small vessels are ashore in the bay. Jan. 26. Business in Townsville is at a standstill. The flood waters scooped out a chasm into which St. Joseph's church fell bodily. No fatalities are recorded. '

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TEML18920128.2.2

Bibliographic details
Ngā taipitopito pukapuka

Temuka Leader, Issue 2311, 28 January 1892, Page 1

Word count
Tapeke kupu
1,291

TELEGRAMS. Temuka Leader, Issue 2311, 28 January 1892, Page 1

TELEGRAMS. Temuka Leader, Issue 2311, 28 January 1892, Page 1

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