NEWS BY CABLE

Wairarapa Daily Times, Volume IX, Issue 2580, 23 April 1887, Page 2

NEWS BY CABLE

(BY EriECXRWTBtBORAPH—OOPYRIOHT) | Renter's Telegrams. . ( London, April 21. Accounts are to.hand from French sources that the '-German police have in a rough manner arrested at'Ars-; sur-Moselle the Freuch Commissioner ' of Schanabelo(sic),;whohas sincoboen > sent in custody to Mefcz. ■-, ■:•.-:'.■ ."' Telegrams'nw Marseilles report' that all the Tasmania's passengers weto' safely landed there this morning by steamer Ohusan, which was seiifc-to'i'Ajaccio ' for them. St Petersburg, April 21. A Russian.intornal loan of one hundred million roubles "(L'14,000,000) ■ has been- issued.' The ; m'iuimum is fixed at 84, "■: London, April- 21. A sharp shock of earthquake has-' been felt at Jersey. The motion wa3 uiidulatory and was accompanied by a rumbling. No damage was done, but considerable alarm was caused to the inhabitants of St Helier and other towns. Sydney, April 22. In the Legislative Assembly last night, Mr Copeland's motion of want of confidence in the financial proposalr of the Government was rejected by 64 to 19 yotes. London, April 21,. At to-day's sitting of the Imperial conference the question of the military defence of King George's Sound was discussed, but no understanding was arrived at, The Australian delegates declared that the question was an Imperial one, and that England and tho colonies should share the cost. .The representative of the British Government maintained that the colonies were alone affected, and should bear the whole expense. He stated, however, that the Government was prepared to supply disused cannon for the defence of the Sound. The Australian delegates expressed a hope that tho Imperial Government would reconsider its decision.

Sydney, April 22." ■ The Government have forwarded a telegram to the New South- Wales delegates to the Imperial Conference, stating that they are not called upon to express any approval at this ■ stage of the proposals regarding the naval defence of Australasia which have been .submitted to the Conference, as any agreement on the subject must receive the sanction of the Colonial Parliament.".' . ' ' . ' ■

' London, April 21. . The Right Hon G..J. Goschen, j Chancellor- of ..thej Ex.chetquer, de--' | livored his Budget Statement in the ( House of Commons to-day, It an- \ nounced that the surplus from last i year was £776,000, .The.estimated J revenue' for the current year is £91,155,000' and the estimated ex- \ penditure £90,180,000. By various ' changes ill the stamp duties, by taxing debentures in a similar way to preference and ordinary shares, and by remodelling the system of redemption of the National Debt, the Chancellor obtained an estimated surplus of £2,700,000. The Income Tax will be reduced by one penny (from 8d to 7d); the duty on tobacco wil be reduced by 4d per lb, and a tight reduction will be made in the tax on marine insurance policies, By these reductions the estimated surplus will be reduced to £BOO,OOO. The Treasury will pay off a credit of £11,000,000 this year and reserve local loans from the Budget, at the same time creating special stock to tho amount of £37,000,000 for local loans. Mr Goschen expressed a hope that largo reductions would be effected in naval charges, and especially for shipbuilding,, next year, and concluded by stating that there were strong evidences that trade in the United Kingdom was greatly improved.