THE Evening Star. PUBLISHED DAILY AT FOUR O'CLOCK P.M. Resurrexi. THUESDAY, FEBRUARY 13, 1879.
The mail steamer Australia arrived in Auckland this morning, one day behind her time, she having been detained in San Francisco thirty-six hours in consequence of the non-arrival of the English mail. The reputation of the company's boats for punctuality does not therefore suffer. The general European and American summaries furnished to us by the Press Agency per telegraph are more than usually interesting, although of course there are repetitions, and in regard to some of the items we have much later news through the cable. The distress in the English and Scottish manufacturing districts has not abated, but it is satisfactory to learn that the sufferers are turning to emigration as the natural outlet for the overcrowded state of the labor market in all directions at Home. Five hundred agricultural laborers are said to have left for New Zealand, and the States still attract a good proportion of the immigrants from the Old Country. The failure of the Cornish bauk seems to have beenlittle less disastrous than the collapse of the City of Glasgow. No cause is assigned for the failure ot the Cornish Bank, which was a very old established institution. Unless the assets of the bank are good, there will be widespread desolation amongst the representatives of the five millions deposits. Through a crowd attracted in London by a vulgar quarrel between some cabmen a " run " on the London and County Bank was started, but appears to have been stopped without incurring serious consequences. The London and County has branches in nsarly every town in England of importance, we believe, and a run of any length upon the head office of such an institution would be the cause of a general panic amongst farmers and small tradesmen in the provinces.
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Thames Star, Volume X, Issue 3117, 13 February 1879, Page 2
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307THE Evening Star. PUBLISHED DAILY AT FOUR O'CLOCK P.M. Resurrexi. THUESDAY, FEBRUARY 13, 1879. Thames Star, Volume X, Issue 3117, 13 February 1879, Page 2
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