NEWS OF THE WORLD.
[BY ELECTRIC TELEGRAPH—SPECIAL TO STANDARD.]
BRITISH AND FOREIGN.
Prince Bismarck will pay a visit to England in June. He asserts that Russia will intervene if France is attacked, and similarly Germany will interfere if Austria is assailed. The Russian Government has ordered, in Paris, a million of the new French rifles, to be delivered in October. The Porte not having answered a demand for the payment of the war indemnity, the Russian Government has strongly reiterated its request. The Economist states that the dividends paid by the Australian Banks are the largest in the world, while the losses are small.
The London tailors will only work for Unionist masters. To enable them to insist on higher prices, the masters will employ Unionists solely. The Emperor of Germany, speaking at Konigsberg, said the breakers of peace would receive a lesson they would not forget for a century. Mr Gladstone, speaking at Lowestoft, said he thought it was desirable that England should address a friendly re monstrance to the Czar regarding the Siberian atrocities.
The Standard suggests that the Bank of New Zealand should be completely re-organised and that a new Bank should be formed to take over the excellent banking business, while the old institution should assume the form of an assets company, and gradually liquidate the present unrealisable securities. The Portugese Minister of Foreign Affairs, speaking in the Chamber of Deputies, said that Government had resolved not to concede the monopoly of the Zambesie and Shire to England.
The new rifles supplied to the Russian Government use the new smokeless powder.
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Gisborne Standard and Cook County Gazette, Volume III, Issue 457, 22 May 1890, Page 2
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265NEWS OF THE WORLD. Gisborne Standard and Cook County Gazette, Volume III, Issue 457, 22 May 1890, Page 2
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