NEWS BY CABLE.

Wairarapa Daily Times, Volume X, Issue 3147, 7 March 1889, Page 2

NEWS BY CABLE.

London, March L

' The prospeotus of: the'lmperial Colonial Trading Company has just been. issued With , a capital of one million.; The .first issue of' half "a million in LlO shares is nearly ready to float. Shares to the value of fifty tboußandare reserved for New Zealand.". It 18 iinderatbod that the following, will be directors of the new oorapany: Liverpool - Maolver Bros., of the Canard «Lme|Fra'Ber',' i Banker; Bowering, Merchant, Man-, Chester—Sir Joseph Cooksey Lee, of Tootal, Broadhurat,. Lee v and Go. Glasgow—Grahame, merchant; London—Sir Walter Buller and Sir Charles Palmer, M.P.. for Yarrow, (Durham), Wellington, New Zealand—Henry Rußßßll,;Waipuk'urau. The Company hope' to 'import ;aj million sheep per "annum, Palmer's Ship Building Company, "Limite'd,London, aro to build several steamers (fifty days' service) to'inaugurate the trade.. ■.' r .-

John Rylands,.- merchant; whose death was announced on; December 11, has bequeathed 1 one hundred and sixty thousand.pounds to charitable purposes, v.; '"Y;; ; .'' : ' ; : The Directors of the Oriental Bank have approved a Draft Bill to be submitted to Parliament authorising the conversion of the silver ourrenoy capital into sterling,

sth March, Mr Velchow, a New Zealander, is organising a combined whaling fleet, for the purpose of exploring the Antarctic regions; He hopes to leave with a,party of Norwegians for Viotprialand within the year, Obituary,—The Rev. John George Wood, tho well-known naturalist, aged 67. . • The Earl of Aberdeen waß'banquet« ted by the National Liberal Club, Implying to the toast of his health, the guest of the evening said he was gratified that Parnell was vindicated. Sir John Hall of New Zealand, speaking at the Farmer's Club on the subject of Protection, said that the prospects of farming in England.were not hopeful, ' English wheat is Gd dearer, Enquiries, mado by the Bradford Chamber of Commerce show that the principal wool buyers greatly prefer washed wool.

In the House of Commons, Sir James Fergasson, Under-Secretary for Foreign Affairs, replying to Mr Howard Vincent, M.P. for Sheffield, said that the British Government had been requested by the Samoan chiefs to annex Samoa. The Government, however, was compelled to refuse the request, but had been able to effect satisfactory arrangements which would secure theautonomy of the group. Washington, 4th March.

A sensational scene occurred in the Senate this evening, Senator Reddleborg vigorously attacked the Speaker, and after repeating the offensive expressions which he had been ordered to withdraw, tho Speaker instructed the officers of the Chamber to arrest him, Mr Reddloberg offered a violent resistance, and was removed with great difficulty. The Senator was drunk.

Mr Halstead, editor of the Cincinnati Commercial, has bo9n appointed American Minister at Paris.

Ottawa, sth March,

The House of Commons, by a majority of 43, rejected the motion favoring parleying with America to improve trade relations on the basis of unrestricted reciprocity, • Washington, sth March,

Mr Whitelaw Reid, editor 6f the New York Tribune; will probably succeed • Mr- Edward J, Phelps us Ministorin London.