LATE CABLE NEWS.

Waikato Times, Volume XXVIII, Issue 2282, 24 February 1887, Page 2

LATE CABLE NEWS.

[ueutkk's telegrams.l London, February 21. The Appeal Court decided that Mr Gib) on had forfeited his seat in the Queensland Legislative Council by absence for two BuccesHJve's'essions without leave. Perkins sails for Australia in April to row Matterson. In the House of Commons yesterday, Mr Smith, First Lord of the. Treasury, introduced the Parliamentary Procedure Bill. In the course of the debate Mr Gladstone made a speech, in which he deprecated discussion of the Bill in a party spirit, but considered the proposals of the Government were wholly inadequate. Mr Parnell declared the sole effect of the Bill would be to limit the rights of minorities. The mails per the s.s. Clyde, from Melbourne, January 13, were delivered today. Consols have risen $, and to-day are quoted at 100 J. The market rate of discount is 3J per cent, 1J below the bank rate. New. Zealand securities: — 5 ,per cent 10'40 lunn, 102; 4 per cent, inscribed stock, !)4. No changes are reported in colonial tallow or breadstulfs. The next wool sales open on the 22nd March. The quantity to be offered is limited by the Importers' Committee. A meeting of Conservative Peers and members of the House of Commons was held to-day at the Foreign Office. Lord Salisbury urged the vital importance of amending the rules of procedure, so that the length of speeches might be curtailed, and the Government have a fair opportunity of bringing on business. February 22. The Irish Land Commission recommend the revision of rents every five years, and larger advances being made to tenants. In the House of Commons last night Sir James Fergusson, Under-Secretary for Foreign Affairs, made a statement to the effect that Sir Druminond Wolff's proposals with regard to Egypt would not involve the withdrawal of British troops from that country while Egypt was unable to defend herself. In the House of Commons to-day, Mr Smith, the first Lord of the Treasury, announced that the Government would try a firm execution of the ordinary law in Ireland, and defer the introduction of a bill t» amend the Criminal Law in that country until the Estimates and procedure rules were passed. The elections to the German Reichstag commenced to-day. In Berlin two Socialists were elected, and the Hamburg and Breslau Socialists were returned. Count Von Moltke and Herr Riohter were elected. The future elections will, it is believed, result in a formidable increase in the Socialists' strength. By an explosion in the Rhondda Valley coal mine, near Cardiff, 2(> lives were lost. Lord Salisbury considers it useless to " proclaim " the Land League until the law is made more effective. Capetown, February 21. Sailed yesterday for New Zealand: The Doric, which arrived yesterday morning. Plymouth, February 21. Arrived: The lonic, with her cargo of meat in good condition.