, 1909-06-26

Mr.. Asquiths unsatisfactory reception Of
the bankers protest against the budget
death duties and income tax. Lord Ave
bury's resolution that the budget weakens
the security Of private property, discourages
enterprise and thrift, and is injurious to the
country's industries and commerce, was I'M
animousIy adopted. Lord Rothschild said
the budget marks an innovation, and the
government seeks 10 establish the principles
of socialism, Lord Ayebury declared the
budget will expeI capital.
The American MeadOWbrooks team won
the first match for the international Polo
Cup by nine goals to five.
Replying to England's representations, the
United States government expresses its vii
lingness not to protest to China if Americans
receive a share of the tripartite loan and
United States rights are recognized. 1t
is expected the Foreign Office viii suggest
a conference of bankers of the four nations
concerned.
MIR. Mvron Phelps of New York, who is
regarded as leader Of the agitation against
British rule in India, has been requested to
leave the Waldorf Hotel, and the Daily Elk
press hopes Lord Merely will prevent his
projected tour in India. Mr.. Phelps protests
it is q misunderstanding and misrepresenta-
tiOn.
A boat capsized during a gale on the
Lower Lake Killarney; five Americans, four
Englishmen and tHo boatmen were drowned,
two persons were saved.
The Reichstag has passed the second
reading of the bill to tax the unearned in
crement OF land values.
The Kaiser, distributing prizes at a regat-
ia, said: "The Gar and l agreed that our
meeting should be regarded as q vigorous
reinforcement of peace, we feel responsible
80 God for the welfare of our respective
peoples, whose development we seek through
peace, which all peoples need.
Copenhagen, June 25th.-The King and
Queen will 20 to Russia on the 18th July.
Mikkelseu's Expedition to Greenland to
search for telics Of Ericksen's Expedition
left Copenhagen on the twentieth inst.
Member Of the Folketing Efetsoe from
she Farce Islands has been reelected.
The Peasantry's Savings Bank will be re-
constructed and a guarantee capital of four
millions raised.
The St. Jan arrived at Rotterdam yester-
day.
London, June 25th-The following are
among His Majesty's birthday honours. Mr..
Hugh Clifford, formerly Colonial Secretary of
Trinidad, Knight Commander of St. Michael
and st. George; Mr.. Charles Anderson of
British Guiana and the Hon. w. D, Aucbin-
leck, AuditorG General of the Leeward stands,
Companions Of the Imperial Service Order,
MIR. Beerbohm Tree, the actor, MIR. Pinero,
the Dramatist, Mr. Henry w. Lucy, (Toby
Nj. P,) Mr.. Gallon, the Explorer, and Pro-
lessor Joseph Larmor, the Mathematician,
have been knighted.
The Cricket Match, Yorkshire, versus
Australians, at Bradford, was abandoned as
drawn, on account Of heavy rains. York
shire in their first innings scored 299, Aus
tralians II for three wickets.
A Paris telegram states the Habit diamonds
have been sold by auction. Eight famous
stones brought twenty five thousand pounds
under NJ. Habits price; the Hope Diamond,
which alone cost eighty thousand pounds,
brought seventeen thousand.
A Berlin despatch says that upon q pro-
posal to extend the Inheritance tax to direct
descendants the Reichstag has defeat
ed the Government by 1914 to 1856.
The speeches were exceedingly bitter. This
creates a crisis the solution of which is OBJ
scure.
Barbados, June 25th-All Consuls are