Australian News.

Wairarapa Daily Times, Volume IX, Issue 2877, 19 April 1888, Page 2

Australian News.

Sydney, April 17, A valuable discovery of lead crystals is reported from the Mudgue district, Ths crystals are found on the surface, and some of the specimens give 30 oz of silver to the ton.

The Government announce that new taxation proposals will be brought forward at the earliest opportunity, It is proposed, inter alia, that a tax of a penny iu the £ shall be placed on the unimproved value of land upward of £sooin value, and ahalf-penny in the £ on the capital reserve and deposits of banks, mortgage and loau companies, and financial institutions of every kind. The reductions in the Customs indicated in the Financial Statement will be made at the same time,

Adelaide, April 17, Bishop Kennion, at present in England, lias received a legacy of £IO,OOO by the death of an uncle, Over 1000 tons of silver and lead bullion are awaiting shipment to England.

Melbourne, April 15. The Executive has authorised the Agent' General to purchase war material for the colonv to the amount of £96,000.

Sydney, April 18. Iho Anglican Synod have, by a small majority, negatived the proposal that vacancies in the colonial bishopI'ics should be filled from the rauks of the clergy in the colonies, Tlio motion for the suppression of bazaars in aid of church funds was also negatived,

Melboubne, April 18. Gibson who was hurt in the Windsor Ilailway accident, has recovered £2300 damages from tho Government, The silver market is terribly depressed, and all stocks have experienced a heavy fall.

The Rabbit Conference. Sydney, April 17, The Rabbit Conference to-day resolved to ask the Government io set apart an island off the const, and also a tract of country inland, for the purpose of testing the efficiency of tho rabbit extermination schemes of M, Pasteur and others.