POLITICAL NEWS.

Ashburton Guardian, Volume VII, Issue 1694, 24 October 1887, Page 2

POLITICAL NEWS.

— • [FROM OTjn OWN CORRESPONDENT.] Wellington, October 24. Although Sir J, Yogel did not leave for Auckland on Friday night, it la said that he intended doing so, and several different stories m oircu'ation give color to the probability of hla intention of visiting Auckland. However, be did not go, therefore speculations need go no farther. The rumor regarding the probable reconstruction of the Cabinet Is again revived, but Bauat be taken cum grano salis It ia to the effect that if the Aliuißtry exists at the clobs of the session, Mr Mitcheleon will retire from the Cabinet, and that Mr Fergus will then take the portfolio of Public Works. Another rumor, which found currency some daya ago, to the eff-cfc that Government ia experiencing difficulty ia proposing a scheme of retrenchment, fiodß Btrength this morning, acd one member, who ia inclined to support the Government,- expressed the opinion to me that the Ministry ia completely and wholly staggered over the retrenchment proposals, and that the result will fall far short of the expeo atlons of the general election. . Another opinion ia that th 3 Government will p»-opoße considerable redaction!, bat will stave ofl the present difficulty by points g out that no eoheme can give practical rosnlts all at once ; that it will take a year to develope the scheme, and will ask for time, and the session to olose almost, immediately .It la further stated that Government can see no wa? oofu f of the diffioulty without; farther taxation to the exent of £200,000