"AGE" SPECIALS.

Wairarapa Daily Times, Volume VII, Issue 1887, 13 January 1885, Page 2

"AGE" SPECIALS.

(pro ASSOCIATION.)'" London, December 31, The report'that Earl Derby is to be replaced in tho Cabinet is declared to be unfounded. January 1. It lias been arranged that the Princess Beatrice shall reside with Her Majesty the Queen until her marriage with Prince Henry Maurice of Battenburg, Both the Pall Mall Gazette and the Morning Post protest against tho cession of the New Hebrides to France, The excitement qver the recent annoxi ation in tho Pacific by Germany is now subsiding, and the Press adviso the •Australion colonies to be moderate in any protest which they may make to tho Imperial Government on-the subject. It is not expected that Bismarck will recognise the action of Mr Buliver, Governor of Natal, in hoisting the British .flag at St Lucia Bay, on the coast of Zululand, Mr JJurray Smith has received a telegram from Mr Service directing him tq. emphatically protest, on behalf of Victoria and Tasmania, against the recognition of Germain claims to New Guinea. The' Pall Mall Gazette, in an article this evening, condemns tho inaction of New South Wales on tho Annexation question, | 2nd January. Tho members of the. Cabinet have been specially summoned at the request of Earl Derby to consider tho whole question of annexation in the Pacific, The St, James Gazette suggests that the British Govern, ment shall offer Heligoland to Germany in exchange for New Guinea. The Press is unanimous in condemning the action of Lord Derby, but the majority of newspapers refer in favourable terms to the action of New South Wales over the annexation question. Tho Daily News says that Mr Service's Despatch to the AgentGeneral was incautious and hasty, The Daily Chronicle oxpresses an opinion that if the Australian colonies are resolute it will be impossible for Germany to maintain her claim to a portion of New Guinea. The Cabinet meets to-day to discuss the whole question,, ,i

January*! The first issue'of 50,000 shares in the new Financial Company projected by Mr Reginald Brett, of A4elaide, has been advertised. Five thousand shares have been reserved for Adelaide, and £1 per share has been called up. Negotiations are - progressing between the British and German Governments in reference to'the recent annexation in the Pacific by the latter power, It has transpired that in .July, last Germany forewarned England to desist from annexing any territory inthe Pacific where no previous Britishsettlement had existed. Prince Bism'ark is reported to be favorable for the suggested exchange by the the British Government of Heligoland to Germany for New Guinea, ■ The Times considers theweakness shown by the Gladstone Cabinet in its foreign and colonial policy to'be a-source of national weakness, and suggests that ; the time has arrived for a change in the personnel of the Government, The Spectator approves of the cession of the New Hebrides to France, provided that the Recidivates Bill is withdrawn. ' The Standard insists that negotiations between British and'Gorman Governments, with reference to Pacific annexation ahould be published.