, 1894-01-24

800 A'N 60 EHhN' AA+eN' 'EC -
considers a graduated income tax to be
quite impracticable.
1t is announced that the Indian Council
have now decided to accept tenders for their
drafts upon merits, regardless of the price Of
the rupee, vide Bulletins If 18th and 1911
August last. No new minimum rates have
as yet been announced for sales, but it is ru-
INQUIRED the minimum price will be thirteen
pence.
The Times. Standard, and other London
Papers express The opinion that any effort
to maintain an artificial par Of exchange will
be futile.
In consequence Of the above, tho price of
silver fell sharply both in London and New
York.
A despatch from Burton on Trent reports
that the doctors have now DECIDED that
Councillor Wlleman il dead and that tire
APPEARANCE Of lifo reported on Saturday WAS
deceptive.
Advic4s from Paris state that the Chamber
of Deputies will shortly consider a proposal
to build a canal between Rouen aud
Paris.
The death is announced Of General Emile
Molinet.
A telegram from Tonquin announces that
some Tonqninese pirates in ambush nave
killed Captain de Launey, three Lieutenants
and eighteen men.
Further advices from Bordeaux report that
three boxes alleged to have contained bullion
and insured for five thousand pounds Ster-
ling have been found empty on board the
"Equateur" 1t is therefore new considered
that the motive of tho explosion was an
attempt at b%arratry.
Adyices from Belgrade state that Milan.
dhe Ex-king of Servia, has Ieseuteled that
city, also that the Cabinet have resigned. 1t
is considered that King Al9xanded's reign is
thus endangered.
New York, Jany. 23rd.-Despatches have
been received in London from Calcutta re-
porting that a panic almost exists there
amongst the mercantile community and others
in consequence IF the silver question EAT
Hong Kong and Shanghai trade ID reported
TO be lmios 1T u stsndatill for Tive same
reason,
A telegram from Buenos Ayres has been
received stating that Mr. J. S. Balfour will
be extradited next Saturday.
a despatch from the Vienna correspondent
Of the Standar asserts that the ex-King
Milan will probably act as Regent during
the absence of King Alexander, who purposes
visiting his mother in Paris. The Radicals, it
in said, have rejected a compromise offered
them by King Alexander.
Paris advices report the existence of dis
sensions, in the Cabinet over the charges
of navab mala dmInistration. 1t is also,
stated that the Government propose to
increase the corn duties.
"A telegram from Washington states that
the House Of Representatives in Committee
on the whole tal if question have amended
the sugar schedule entirely. They propose
to Immediately abolish the bounty on the
domestic product and to place all sugars, raw
and refined. upon the free list. The Com
mi, tee subsequently, adjourned in Consequence
of a Parliamentary. tangIe, it being advanced
that the subject was incomplete.
The s. s. "Andes'' of the Atlas Line is
ashore at Little Eggharbour inlet. All
lives saved, but much Of the cargo has been
jettisoned. The prospects of saving the.
balance of the casgo or the vessel are consi- +.
dered doubtful.
Nav York, January 93rd.
Flour St. Lawrence pr. brl 1896
Meal, best bra4dy w,ne. per. brl 270
Heavy Mess Pork per brl 15-153
New Seasons Pork per brl. l41--l5
,, I Crystals per ID. 3
"s" f. % &. Il Muscovado 50 test
per 10 2s-II-16
English Islands MoIasses per gal. l0c.