ENGLISH OPINION.

Ashburton Guardian, Volume XIII, Issue 2738, 5 August 1892, Page 2

ENGLISH OPINION.

LONIMMT, AU«ast 3. r. The "Investors' Review" in an article on the colonies asserts that the heavily laden residents of New Zea- i land may regard the graduated tax on real estate as emancipation from the tyranny of landlords, bufc that English investors consider that confiscation more than neutralises the soothing effect of abstention from borrowing, which has already done* immense mischief and would bear bitter fruit. Only some such step by the Government would bring the finances into a healthy condition. The "Review" goes on to say that had the recent Victorian loan failed the Government would have had to make default before the end of the year. MR GLADSTONE. Mr Gladstone has almost recovered from his recent severe illness. He had a long interview to-day with Messrs Justin McCarthy and Dillon, re Irish matters. PROFITS ON BREWING. Samuel Allsopp and Sons. Limited, show a profit of £85,000 for the year and pay a dividend of five per. cent. Guinness and Co. pay a dividend of fifteen per cent for the year. THE LATE LORD S HER BROOKE. At the memorial* service on the remains of * Lord Shcrbrooke, in St. Margaret's, Westminster, many members of the House of Commons were present, and Dr Farrar, delivered a high eulogium on the deceased. MR MUNRO. Mr Munro, Agent-General for Victoria, prior to leiving for Scotland, stated that he was unable to meet his obligations, if all his creditors insisted on immediate payment. He disclaimed any responsibility for over-valuation of estates in which he was concerned. "The Times," in referring to the matter, declares that there is a strong feeling current demanding his return to Victoria to meet the charges. Mr Munro says that if it is the wish of the Victorian Cabinet he will certainly return to the colony.