CABLEGRAMS.

Gisborne Standard and Cook County Gazette, Volume II, Issue 283, 6 April 1889, Page 3

CABLEGRAMS.

London, April 3. Mr Dawes, in reply to the strictures of Fair Play, says it is true that the late Sir Wm. Pearce's mortgage of a quarter of a million over the property of the New Zealand Shipping Company, has been transferred to him, but it is untrue that he has any intention of foreclosing. On the contrary, he is resolved to maintain the independence of the Company. Mr 0. B. Strickland will be reinstated as manager, and Mr Tyser will continue to be broker. It is asserted that the Company’s shares had advanced 50 per cent, since Mr Dawes became a DirectorIt is probable that Lord Kintore will succeed the late Sir Thomas Gladstone as Lord Lieutenant of Kintnardshire.

A correspondent writing to the Financial News, defends the Lyttelton and Timaru Harbor Boards from the sweeping condemnation by that journal of the New Zealand Harbor Boards generally. Her Majesty has condoled with the Emperor of Germany on the disaster that has befallen the German Navy at Samoa. April 4. Mr Cozens Hardy’s Trust Funds Investment Bill, which has been read a second time in the House of Commons, and has been referred to a Select Committee, includes in its operations Colonial Stocks. The Queen has returned from the Continent.

In the Hungarian diet the Army Bill was passed by a large majority. The Liberal Unionists have adopted Mr Bright as their candidate for the vacancy at Birmingham. Mr Philpsin Beale is the Separatist candidate. At Rio de Janiero there have been four thousand deaths from yellow fever, Pams, April 3.

In Ihe Chamber of Deputies a Bill, providing for the prosecution of persons accused of libelling public officials was rejected.