Late Cable News.

Manawatu Times, Volume IX, Issue 1141, 3 January 1884, Page 3

Late Cable News.

(Per Press Association.) Special to Press Association. London, Dec. 31. The Standard considers the Australian colonies are borrowing, too largely, and condemns the floating of the recent loans. Earl Derby has announced that purchases of land by British subjects from the natives of New Guinea will be disallowed. A suggestion has been made that the Australian Colonies _hould agitate for the abolition of the passenger dues through the Suez canal. „ - 'Tt "is suggested m financial circles 'that. Victoria m floating her proposed jfi_,ooo,ooo loan should place it m the hands of a syndicate, who would take it at a fixed rate and float it on their own terms at what they consider the most opportune moment. Mr Wm. Hay, late member of the New South Wales Assembly, has a letter m this morning's Times, m which he advocates appointing a system of colonial life peerages. £ ; Latestadvices from. the Porte show that Turkey Isunwiliing to interfere m the suppression of the in&urrec** tion of Soudan.

X The French attack on Bacninh, which has been deferred for some time, is now imminent, as Admiral Conrbefy-.tlie Commander-in-Chief of the French naval, and .military forces at Tonquin, is reported to be advancing rapidly wi**- his troops toward that place. From negotiations which have recently taken place war between France and China is, how<ever, now regarded as very irapro*. -able.