LATEST CABLEGRAMS

Inangahua Times, Volume VIII, Issue 1256, 9 April 1883, Page 2

LATEST CABLEGRAMS

* : . "* " &BR. RENTER'S AGENCY. ) ieceiveid, April 7, 2 p.m. A serious explosion, caused by the accidental discharge of a quantity of dynamite which was being used for blasting purposes, occurred to-day, and caused the death of forty men, who were working near the scene of the explosion. In the House of Commons last night the Hon. Hugh Childers, Chancellor of the Exchequer, delivered his budget speech. He stated that the revenue for the pastjfinancial year amounted to £85,000,000, and the expenditure to £88,875,000. The revenue ; for the ensuing year was estimated at . £88,500,000, and the expenditure at £85,037,500, leaving a surplus of £3,463,500. It was proposed to devote £17,000 of this surplus to a reduction of the charges on telegrams from Is. to 6d. A further portion would be absorbed£by the proposed abolition of passenger duty paid by railway companies upou Id. per milej fares, and to reduce the duty upon fares above a penny a mile to 2 per cent. A reduction in the income tax is also announced, leaving a balance of £240, 000. - St. Petersburg, 6. Further intelligence to hand from Moscow denies the truth'of the statement current yestei'day that a mine had been discovered in that city. An Americarf~named Dalton was arrested last eyening in connection with the dynamite conspiracy -how being investigated by the police. Another man has been arrested and is charged witht being concerned in the explosion of' dynamite, by which the local government board office in Whitehall was wrecked on the 16th inst. , In the House of Commons yesterday, Sir Win. Vernon Harcourt, in the course of his speech referred to the recent dynamite explosions and to the conspiracies which have been dis. covered, and he stated that the gravity of the outbreak would render legislation upon the subject necessary.