CABLE NEWS.

Wairarapa Daily Times, Volume XV, Issue 4320, 16 January 1893, Page 2

CABLE NEWS.

London, January 12, Mr Perceval, for . New Zealand, denies .. statement with regard to tibjaMpyer- v sion loan. . .:

The Pall Mall Gazette thinks there is not the faintest chance of failure of Australian federation, and its achievement is only a question of time and terms. . Sir Charles Tupper expresses a hopo that Australia will support the cable commission, Mr Mgz Spencer Balfour, exM.P., whose name was conneoted with the Building Booiety frauds, has been declared a.bankrupt.' : The National Agricultural Onion has fizzled out A daughter of President Harrison has visited Mrs Maybrick in prison. The Times says the Government propose to expand the Labour section of the Hoard of Trade into a Labour Bureai'^toj(||/ ( ofthe nature of an lutelligencißDureau. . The Pall Mall Gazette says it is persistently rumoured in Paris, and also hinted by the newspapers, that Mohrenheiiu was bribed by the Panama Canal Company. The Daily News thinks the Australian cricket team is a thoroughly representative one, It is especially gratifying to find Giffen and Bruce able to tako part in the tour. The Sportsman considers that, with the: exception of Moses, tho best Australia can BeJajtrffiPcom-r' position gives general In the course of an interview, Sir R. G. C. Hamilton, ex-Governor of Tasmania, denied that he was assisting in drafting an Home Rule Bill. Paris, January 12, A statement which has been pub" lished shows that tho Panama Canal Company's bond and shares realised 1,434,000,000 francs; Of ibis amount 550,000,000 francs were expended on the works, 416,000,000 franos were spent by the Company itself, and the balance went to contractors, M. Eiffel received 18,000,000 francs for.the supply of materials which only cost him 2,000,000 francs.

January 18. M. Ricnwe has accepted the portfolio of Minister of Marine.

At the enquiry into the charges against the Panama Canal directors, engineers gave evidence that the sohemo owing to De Lesseps insisting upon a level canal,

General Yon Caprivi's speech in the German Reichstag had the effect of depressing the French Bourse. Tho French Chamber of Deputies, by a majority of 120, deoh'ned to dissolve, and- rejected on the voices the proposal to revise the constitution, Berlin, January 12. In his speech in the Reiobstag, General Von Caprivi said that tho sudden appearance oTa Dictator in' Franco would not sowise anybody. As to the Triple Allianc\ it was not certain whether Germany would renew the agreement, but personally he was dosirous of seeing the alliance renewed, as in the case of a European war Germany would be the subject cf the first attack, He also said that the guiding principle of Iho German policy was to preserve tho status of Austria-Hungary as a Great Power.

Home, January 18, Families of some of those drowned in the 5.3. Utopia, which foundered off Gibraltar in March, 1891, after collision with the Briiish ironclads Anson and Rodney, are suing the Anchor Line, owners of the vessel, for damages. Tho easa is being heard at Jinnies.

Ottawa, January 18. ' It is bolieved that Lord Wolseley will succeed Lord Stanley, of Preston, ob Governor-General of Canada. Buenos Ayiies, January 12 The rebellion in tho OorrientoS province has been suppressed. Sydney, January 14, Obituary.—E. 0. Cracknel], Superintondant of Telegraphs, The New South Wales Government have decided to disband the country cavalry and mouuted infantry corps, and effect a saving of ten thousand a year in the Military Department. Constantinople, January 13. Aconspiraoy to soize Cettingo, capital of Montenegro, and replace Princo Nicholas, by the eldest son of Danil'o Alexander, has been discovered, Somo 3000 peasantry were concerned; in the plot, which was pronujfcßiy tho priests. Government trooW disarmed the rebels, 40 of the latter Dimg killed and 90 wounded. Melbourne, January 18. The roport of tho liquidator of tho Land Credit Bank shoWB that the books of the institution were never balanced for years. The loss on Taylor's (late manager'") account was £ 90,000, but if tho accounts in which ho was interested wore included, tho loss would amount to £140.000, About 4120,000 of unpaid capital was unlikely to be realised: Bad debts amount to £217,000. Tho prosecu. tionofthe auditors is suggested, but owing to lack of funds action must bo left to the Government, Capetown, January 18. The Cape loan of a million and a half at 3i per cent, was floated locally at an average of £9814s 7d.