NEWS BY CABLE

Wairarapa Daily Times, Volume VIII, Issue 2486, 28 December 1886, Page 2

NEWS BY CABLE

(BY OOPyRIOIIT REUTEn'sTELEOiiAaa. Lonnon, Depsmber 23. : The Cqnsemitive. evening papers Kftiiiirally comlmim tiie action of Lord Ruiulolph Ohurciiill in resigning his position in Ike Ministry. December 24, It is understood that the hopeless

iliffnivncft of ojifr.ioti which exists lietwi'pn llie Munjiiis'of Salisbury and Lord Kiindpljih Clini'oliill -on (ho «u'ijiiot \>f" ioc-.il K- lt'-novm-nincnt is - tjio main cause 'of I'liu Infcti'r .reselling- his jiosilion iu the' Cabinet The .consensus of. opinion in tlid Cabinet liris been severely damaged, by the. step which Lord .Randolph' Churchill has' taken. The Conservatives are furious with him, and the leaders of that party are unanimous in their desire tbat Lord. Hartington should be asked to form a coalition Ministry, Lord Hart-' ington- is' at. present in' Rome, and communications aro being addressed to him with that object. In addressing a- meeting at Birmingham last night, Mr Chamberlain stated that ho considered Lord Randolph ClinroliiU's resignation as evidence of the triumph of Conservative principles in the Cabinet, and declares that the present occasion offers a great opportunity for the reunion of the Liberal party, who are agreed on all points, withthe■ exception of the - ■immediate granting of Home .Rule to Ireland. Mr, Chamberlain, in conclusion, made an appeal to" Liberals of iill shades of opinion to make an honest-attempt to reunite the party.' •■■ . ;>• . ' The Murquis - of Salisbury has made overtures' to Lord Hartingtou, with a view to a coalition, offering, to resign' the Premiership to the Liberal statesman. Ho has also proposed that Lord Hartingtou should accept a pogitioa : in •the Cabinet and',lead the House of Common!!.

The formal scheme for the establishment of the Imperial'lnstitute has been issued, based-'upoii the.agreement recently arrived at -between the AgentsGeneral and the Committeo. It is proposed that an emigration bureau shall be located in tho-Institute- building, with branches in the. provinces, and to create a thoroughly representative governing body, which shall not in any way be connected with any now existing for the management of an institute, under Government control.

A fire broke out in Liverpool yesterday at Lewis's Bon Marche. The premises and their contents, which included a large and valuable menagerie, were burned to the ground, Tho loss is estimated at £30.0,000. Melbourne, December 24. ,

The New Zealand Loan and .Mercantile Agency Company held its usual weekly 1 sale yesterday, when 3384 bales wero offered and. 2636 sold, makiug a total of 2906 bales disposed of during the week. Tho biddings have been spirited throughout, Greasy wools have been decidedly firmer th'an last week, but' scoured. have been somewhat easier, Greasy has' realised to ll|d, scoured to 16d, and washedfleece to 1-ifd^