NEWS BY CABLE.
ENGLISH.
[united press association.!
London, August 28.
The Statist estimatas that the demand for gold for the United States will absorb L 25,000,000 sterling, and that the Banks of England, France, and Imperial Banks of Germany hold in reserve £118,000,000. The Economist urges that financial companies similar to the small banks which have recently failed in Hobart, Melbourne and Sydney, should be prevented by law from incurring liabilities in excess of their uncalled capital, and that depositors should be proteoted in the event pf liquidation. It regrets that risky concerns like these should be allowed to pose in public as banks.
FOREIGN. Bucharest August 24. The mob which reßented the inter- £ erecce by the Greek bishop with the Roumanian service at Poivolt made a savage attack on the rev. gentleman. They pulled out his beard, beat him senseless, and then dragged him by the heels through the streets.
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Wairarapa Daily Times, Volume XII, Issue 3896, 26 August 1891, Page 2
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151NEWS BY CABLE. Wairarapa Daily Times, Volume XII, Issue 3896, 26 August 1891, Page 2
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