Attempted Rescue of a Comrade The following except from an Australian paper will be read with the keenest interest here, as the F. Ambrose mentioned hap,. to be a Shanghai boy While attempting to cross the Woronora River, at Sutherland, on a log, Martin M'Grath, a Boy Scout, was washed off and drowned.
A detachment of Boy Scouts were in camp at Woronora during the holidays, and three of the lads were returning to their homes. They were Martin M'Grath, of Loftus; F Ambrose, Loftus; and Austin, of Sutherland. The river was much swollen by the rains, and in order to get across the boys got astride a log, which they tried to ferry to. the other side. In midstream the log was caught in a strong current, and swirled round in such a way that M'Grath was washed off.
Seeing his mate struggling in the water, Ambrose pluckily dropped off the log, and swam to his assistance, He managed to reach M'Grath, but the water was deep. and the current strong, so that he was unable to render much help to the drowning lad. Becoming exhausted, Ambrose gave up the attempt, and with great difficulty managed to struggle to the bank, which he reached in a dazed condition. He had succeeded in getting M'Grath to Within 9ft. of the bank, when he received a kick in the stomach, and had to let go.
In the meantime the boy Austin had been compelled to leave the log. and he reached the opposite bank with Ambrose, completely exhausted.
_The two boys started off along the river bank, seeking assistance. They found two men in a boat, to whom they gave the alarm, and the men returned with them to the spot where M'Grath was last seen struggling in the water.
It was too late. He had gone down for the last time, and_no trace of the body could be found. quarters of its subscribed capital has been lost.
The Bank has already asked to te allowed to benefit by the clauses in the French Code, which enable a compromise to be made. The case will be heard on February 20.—Reuter.
Fros. 400,000,000 ror Investors.
London, Feb. 14.
A telegram from Paris says that M. Lasteyric, the Minister of Finance, has stated that the total sums to be returned to investors in the Bamque' Industrielle de Chine will be 400,000,000 francs, of which 300,000,000 francs will go to the Far East_and_ 100,000,000 francs to France. The French Treasury will not be involved in the allocation of the indemnity, which will be made by a consortium the constitution of which has not yet been published.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.