LATEST CABLE NEWS.

Wairarapa Daily Times, Volume XVI, Issue 5215, 28 December 1895, Page 2

LATEST CABLE NEWS.

- 4 (Press Association—Electric Tolcjfraph—Copyright) AFFAIRS nUMERICA. INCREASED. DUTY ON WOOL, . (Received December 28,1 a.m.) I Washington, Decemder 27, The House of Representatives, by a majority of 124, lias passed the Tariff Bill, increasing the annual revenue by 40 millions. It is estimated that the increase of the wool duty will yield 25 millions.

The new charge amounts to 6'6 cents per lb on unwashed wool, and 32 per cent, on carpet wool. The Committee of Ways. and Means has recommended the vaising of a loan by tho issue of three per cent, coin bonds at par payable in five years, also three year certificates at three per cent,, the issue not to exceed £50,000,000.

At a public meeting at the Cooper Institute, feeling was largelyagainst President Cleveland,

Mr Henry George took a prominent part in the proceedings, A noisy Irish minority disturbed tho meeting, which ultimately ended in confusion.

THE LATEST SITUATION,

(liecc'ml December 28,10.50 a.m.) London, December 27.

An ex-Australian stateman, stayins; at Nice, in an interview, said in the event of war tho sympathy of the Irish Nationalists at Homo and in Australia would be against England, us he believed that trouble would induce the British Parliament to grant Ireland autonomy similar to Bohemia. Washington, December 27. Tho friends of Cleveland report that the President, fearing that Congress would declare war on the production of tho Venezuelan papers, demanded a Commission, and hoped to appoint members of such who would report favorably as to the British demands.

lii America the Prince of Wales' speech is recognised as a real service. The report tlint Lord Salisbury approved the Prince of Wales' action, has produced a deep impression. Tho New York World states that the President has asked Messrs Pliilp and Lincoln to join the Commission.

Tho Western members are violently opposed to the bond issue. President Cleveland will probably issue liis third message, insisting that the currency reforms proposed by Congress are inadequate. Caracas, December 27.

President Crespo reviewed the army, to-day which marched in procession through the town, New Youk, December 27.

Tho correspondent of the Daily Telegraph wires that Mr Olney lias tabled a motion, that in the opinion of the House, the Marquis of Salisbury should not construe the appointment of a Commission, as an act of hostility. Lato telegrams are regarded as likely to restore financial confidence.