SIR JULIUS VOGEL AT DUNEDIN

Ashburton Guardian, Volume VII, Issue 1631, 9 August 1887, Page 3

SIR JULIUS YOGEL AT DUNEDIN

Sir Julias Yogel addressed a large audience %t the Prinoess Theatre last evening. The Mayor was m the chair, Hlr Jallua Yogel, who was well received, commenced by dealing with Sir John Hall's ipeeoh. Be asked If permanent retrenchment was possible, why the HalljLtkinson Government had not carried it oat. He explained tho provisions of the Civil Service Act, and how it would effect retrenchment. He eaid that instead of retrenching by reduoing the salaries of the civil servants, they should red oca tho services. As he *»* explaining details of the San Francisco service, the andienca was very demonstrative, and started singIng snatches of songa, and the speaker had to stop. He proceeded to say that though the times were not so serious aa waa stated, he recognised that it was necessary to go m for retrenchment. He then touched on the question of borrowing, and explained tnat at Christchnrch he referred to borrowed money spent, not raised, by himself and Major Atkinson, and said the return there quoted showed that Major Atkinson had spent more borrowed money for each year ho WU In office than he (fc?ir J, Yogel) bad. As to taxation, he said it was now less by 2s 6d per head than m 1880-81. He contended that whether m extravaganoe or borrowing Hall, Bryce, and Atkinson oould give him points. He said the statetnent of Mr Bryoe that the colony had to pay four millions as interest was fallacious, and he showed that tho colony was only required to pay a million and a balf, of which the railways recoaped about £850,000. Dealiug with the depression, he said it was due to a fall m prices, and contonded that it was necessary to raise Customs revenue. The doing of this would enable local industries to be ;■ twisted. In conclusion, he said that already there was a sign of better times, mining undertakings were being taken up and land purchases were being made north and soutb. Recuperation depended on the broad fact that human Industry can only be remunerative for a time. Patience and industry matt conquer m the end. Many who listened to him wonld remember when he passed away that whatever might be his faults he always urged them to be strong m hope and aelf-rellanoe. A vote of thanks was panned. The Interruptions to which Jir J. Yogel waß subjeoted during tho Hrat part of his speech were almost entirely absent at the •nd. '