London, 28rd Oct.
The French Cabinet Council have decided to introduce an Income tax. The French Chambers objecting, a crisis is impending.
We understand that a report was received in the settlement on Monday by one of the local shipping companies, to the effect that matters in the southern end of Formosa have assumed o very critical aspect owing to the success of the aborigines over the troops of the Governor, Liu Ming-chuan, in that quarter, and that one of the rebel towns had been shelled by a Chinese gunboat. We are unable to confirm the statement, which we give for what it is worth, 'A correspondent at Kiungchow says that Hainan is alternately in a state of rebellion BLE, Liu Ming-chuan, Governor of Formosa, is unfortunate with his fleet, It is not long since he lost the Waverley, and on Saturday the news was receiv that the steamer Waiting, formerly the Welle, Captain Petersen, had been totally lost on a rock near the Pescadores said to be the Tortoise Rock. A mandarin and four other Chinese passengers were drowned, and the remainder were taken to Tamaui by the steamer Pechili, and it was in soenetins lund from the Pechili that, Mr. McCallum, Mr. Korsholm, the chief mate of the Waiting (said to be a survivor from the Waverley), and the compradore of the Pechili were drowned. of the wreck will be found in another column.
LO. Mr. de Luca with Mrs. and Miss de Luca ret med to Shanghai by the that the transfer of the plant, ete. of the Shanghai Electric Company to the New Electric Company, Limited, was made yesterday.
The north-wester, long expected, which to blow on Saturday brought the mercury down with a run, the minimum on Sunday morning in the settlement being 41°.6, a drop of over 17° from the previous night. The 10th of November was. the first day last year that the mercury dropped ret low. In 1886 it did not drop below 42° il the 23rd of November; in 1885 the 35"; in 1884 it fell to 4° for one night on 5th of November, when it' descended to the 24th of October; 80 that the cold has
Text read from the printed page and cleaned; old type leaves the occasional error.