AUSTRALIAN NEWS.
(By Kleotkh: Tele(";kaimi —Copyright.)
Mkluockne January "i. At a meeting of the Hoval Standard Investment Company, some extraordinary allegations were made against the directors of the company. Mr VV J. M. Larnacli, of Dunedin, who occupies a seat oil the Board, asserted that the directors had expended £3-0,000 in the purchase of t roptrties from certa 11 firms, and from themselves, at prices generally in excess of their value. A eommitte of enquiry was appointed. January 7. The official returns show that the attendance at the Exhibition up to date numbers 1,439,000.
Perth, January 6,
Lord Ivnutsfoid has cabled that lie is willing to agree to a compromise in con nectiou with tie granting of responsible Government to Western Australia. He suggests that the Upper House should he nominated by His Excelh-ney tho Governor until the population has reached 00,000, or after the expiration of six years ; if the number has not then been reached, that an elective Chamber be formed.
Sydney, January fi. A hawker named Olund has been discovered murdered near Young. January 7. The three masted schooner Heaph, has been wrecked near Broken Biy, north of. Sylney, and two seamen named Olilseii and Stevenson were drowned, and others suffered severely from exposure.
The schooner Buster, laden with dynamite, which was dismasted and abandoned in a gale off (rails Island has b 'eu .e ouvered by the steamer sent in search o' her, and brought safely into port.
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Waikato Times, Volume XXXII, Issue 2573, 8 January 1889, Page 2
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242AUSTRALIAN NEWS. Waikato Times, Volume XXXII, Issue 2573, 8 January 1889, Page 2
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