The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1888-02-16
NEWS ITEMS.

The Porte has proposed to Richard
Bauer of Stuttgart, who discovered sill
yer and gold at Eazeroum, that he I'M
dertake the direction of the working of
the mines. The Porte is stimulated to
activity by it's fears of Russian designs.
A circular issued from Florence by
Gladstone, on the oath of January, ad-
dressed to his followers in Parliament,
says the state of public affairs appears to
render it certain that important discus
sions may be expected to rise immedi-
ately upon the meeting of Parliament.
a City of Mexico special says: The
great loan of 91O, 100000 which the Ma
tional Congress authorized President
Diaz to negotiate, has been consum-
mated through the German fnancier,
Herr Blicheroeder, under the following
terms: The German house will take
93, $685. 900 of these bonds Immediately
at 70 cents on the dollar The rate of
exchange on London will be 43 1-5d, to
equal the Mexican dollar. Accordingly
9S, 900, 900 will equal $40, 700 900, which
at 20 cents will produce $4,000 900.
Herr Blichenroeder has the option of
taking the rest of the loan within ninety
days at 80 cents.
DeLesseps' Panama Canal work con-
tinues to be so widely discussed in Eu-
rope that a communication received
from Tankerville Chamberlain, the ex-
British Consul at Panama, cannot fail to
be interesting. He takes a much more
favorable view of the outlook than most
others who have inspected the progress
made. He believes that next year a
section twelve miles long, from Colon,
will be completed, and from Bohio to
Matachin. The section from Paraiso to
Rio Grande will be finished June, 1882
Effects contract calls for the completion
OF the section from Matachin to Paralso,
including the Culebra cut, in February,
$780, when the section must be handed
over with locks. DeLesseps' scheme is
only temporarily modified, Chamberlain
writes, and says that in his opinion the
chances are good upon the completion of
the canal. Excavations will be contin-
ued after the canal has been opened.
The epidemic of crime which has pre-
vailed in Cuba lately has greatly de-
creased, and the island has almost
lapsed into its normal dullness. tt Q
bandits who infest the country districts
are being relentlessly hunted down by
the authorities, who are determined to
suppress this species of lawlessness. Re
ports recently published in American
newspapers about the insecurity of life
and property in Havana were greatly
exaggerated. The author of these SEN
sational stories is supposed by people at
Havana to be a revolutionist living at
Key West.
It is semi-officIally stated at Ottawa
that the Home Government have urged
the Dominion Cabinet to make such con-
cessions on the fishery question as will
bring about a settlement. 1t is plainly
intimated that while the demands of
Canada are admitted to be of importance
they must not be allowed to prejudice
the international interests involved.
There are indications of yielding on the
part of the Canadian Government, under
the usual pressure from Downing street,
and the absolute certainty that the
Canadian terms would in any case be re-
fused by the American Congress.