allows for the competition of the native Referring to the loses sustained by drug from which the Indian export is the Bank of England through the suffering, but he predicts that as the collapse of several Trust Companies, trade in the native drug grows, the "lich are believed to have led to the taxation on it will be increased, and he esiguation of Mr. F. May, the chief says: "I do not look on the extinction cashier of the Bank, the Times urges of the Indian opium business as likely to the directors of the Bank to publish the be a very early event, and it will not be {ets in order to reassure the public and for the interest either of India or China '© put a stop to scandalous rumours. that the Indian opium trade and revenue THE NAVY TO BE MAINTAINED. should disappear too quickly." Inj London, 18th November, writing on money he says: "In the! Speaking in the House of Commons general opinion a tael of silver buys as yesterday on the subject of the efficiency munch produce now as it did when it! of the Navy, Mr. Gladstone said that had a higher sterling value.... Com- Parliament need fear nothing regarding modities of course can be shown which the upholding of Great Britain's distinct
Text read from the printed page and cleaned; old type leaves the occasional error.