BEARING THE MARKET.

Auckland Star, Volume II, Issue 505, 23 August 1871, Page 2

BEARING THE MARKET.

Oufl odnteinp'onify the News is at itagayi. and this .tjipe has been trying to woflj " Nonpareils." We do not know thai we have ever'seeii'so disreputable conduct in connection with journalism as the prostitution .of the press.for."Stock-jobbing purposes, for 'which --tne ifetos has now become notorious —conduct which becomes contemptible from the cloak' of professed propriety' J_hd ''-honorable deali«i| <in_e-whi6hi-oac::'contemporary , pursues his -'* ways tWat-are-dark and tricks that are vain." Yesterday we werfe: informed, in large cap?, ".Npupareilstoppedlworking;" and, showing that therecoulcl b. no excuse of a misprint, the tiody off tt c telegram exjVfaih&d, " Work'ha's been-:sto»ped in the Nonpareil claim,' .6maccount of watgg,'.',. We know not how many Nonp™iuj _$lky7i have been -intended .for ,pu»"chaw. Jutog the panic to be produced. But, unfortunately, these " tricks" have become very " vain," and.the panic did not. occur. A few. persons telegraphed do^n to the Thames Respecting ■ the statement, but were informed, in reply, that it was but 6ne7>f We stale games of the' AudMftS] News, • .!A .very lame ex;cuso iapp^ars in this morning.s edition <of qhy J contempo-f1 rary,1 stating.that th© claim1 .intended was the Central Italy,'and.-that the telegram Was"published as received. >j Of cours< thia'isbubasubterfugej but eVen^fJrj^e, andif our contemporary has bceti mislM; he; .should he ,ashamed of himself for having Ihe rumours of the streets in| GrahamsTbwn, and the idle gossip of bar parlours reproduced in ') his columns. There; cannot/be a doubt,' liojvtfiver, that, it was anothoi. villainous attempt to create 1 a panic.

PUBLIC OPTION. Most people rcmembe|," the fall of the animal that could not ropThimseJf, btifc employed a subatittlte,46<. roar for him. 'The expedieutljwa'y-^ Jailuro, for the "humhJS'-nd- m&Ur,Yifii,r '*>f Bray had not lungs the forest. Alijhbu^h: hp represented- soinc hobler ahiinalrhe -was discovered by Big voice, his 'Cpa't, and---hi*.' detiicilnqtfrftoy.be destitute oftho spirit which instructed him. It was therefore natural that his lack of dignity should'not hesitate to use language which" "liter prii^Bipal •sjould have .disdained, To. be sure .he visited ' the lion's den daily, and thus might \ ave improved his manners ; but thougli his attention was assiduous his imperfections remained. It is not extraordinary that people, having zery marked imperfections, should themselves see the! like in others. This is simply human: nature. Men andwo_»ep.ifijst discover the want in others'of fi4';yirtue3%lieyloic.k themselves. If a politician is discovered to be weak, timid, backsliding, he) makes a ; .virtue- of jjfhis faults by: decrying the courage of his opponents; —their persistence is obduracy ; their importunity unseasonable, and their alliance a bore. It matters exceedingly little to him whether the principal is injured by his vicarious denunciations so long as the wearer of tjffe d%guiijey_vaporates in notoriety., vlft. knots' (that nothing suffers annihilation, and ~what escapes must somewhere be foundr It is, therefore'not the lion, but the -fearer of the skin that seeks publicity. It is not I the wearer of the skin, but the ;lion that ever summoned his friends to j fcepi|cil« There appear, indeed, to be oc^&sions when the principal and deputy cSango" places. In this juncture of circuhfstanees not only are potffri&d^req'uir^in council, but thtfddorsia^ ■shfit'.agil.iust them. We would be extremely glad to know jfrom .Bomebody» say from his Honor the " Sup'erihtendeht, what line of policy will be adopted during the present session of the Assembly ? It is fair on the part of His Honor to say that h£ cannot possibly tell us. We do not object to the answer. It is, perhaps, discreet.' But a wise physician usually consults a great many symptoms'before ho prescribes «f<Jr a patient.. JSff^will..neither attack prejudices nor resist temperament.; If His Honor had,expressed bis desire to know 'the'-'dh'e'etibri of public feeling iwitlilthe same emphasis that he uttered His :deter^ mination to keep concealed his own intentions, we doubt not he could have had it from one end of the province jt_q %l\e other; every word of it reported, if required, and no mistake w batterer be possibly. .-■• - ri % : i y, ;•_. -~. \

When.those tehq profess to land public opinion wish" to test Ihe soundness of an authoritative judgment, the! course 'adopted in every free country is | "to_ assemble the elector!., and to hear thsojtlg'tt their representative—the electors themselves being present—the verdict that may be pronounced by advocacy on the one hand, and general assent upon the other. What else can be the ntearrfnjf'bf those •l.ftge couiityy } a&seifnblages in i Englandi*botli before and after Parliament, but a symptom of the anxiety upon the, direction of public affairs. We di? not'bnderstund, because a particular'hop of policy is liked or desired, tbn'fctH'csSi indications supply a valid reason why ii should bo refused. The popular judgment may be right or wrong. (Men, and leaders of men, sometimes entefcTain perverse opinions. Paradoxes aro never so clearly resolved as by I lie conioion sense of a miscellaneous assembly. | Wliy the members of this province should niy.Lhe. consulted as to the wishes of tj)em<6onstituents, and why the constiluefloiiik themselves should not be it-jkod what kind of impi ovement each or'any may require, is not very perceptible to v jnindj not privy t.> .the? desi^ris of th'ise "wh6 Ar^garff 'nlj-ft^ry' a.. She centre ol wisdom, and concealment the triumph of diplomacy. We know that modern experience has exploded this theory, and the best diplomatic weapon jis an ingenuous decl.ir.vio 1.

It is, however, now too late. The OHpoTtunityshaj* bean lost. A mouth ngo pfbl| femii|ii!foilW'|ave been glad to lffeye|ui§ipvi^ec|i|s hiecefcsities. •; It is vow aHfljjn -afratd. \V_9 fdurk ness " of tue, JPro\_ncia_ QhvWnfYihif'luis filled- it 'with1 apprehension. From the JS Tortb and from South correspondence is to ,the same effect. The general feeling is that certain—politicians have been airing their peevishness lest they shoiul'd'tho^,_o' reputed to have the power diueinjsf angry, will not step beyond their ordinary stride-(ji-procu,re .one advantage tor /their cunpti^uei^tt|^i !tjh» distribution of the public moneys. People are not, to be told that they should have no anHnly* about tho distribution of public funds. To speak in this fashion is to treat them as babies. What is distributedithe people will ultimately have to pay baqk^'and the pi^ly competent judgment upon; iW. iiutloEqate^Lirregr^slihtatives.;'- ■' : - We do hope that no doctrine?.1 .such tfs that which this jear has found pr_tet_c.d: development, will in future; ,yeatrs betolerated. It lies at tho root!'of7 every; political abuse. Knowledge is che .power] of the many, but concealment 'is the aggrandisement of the few. jJCyi private 'hu*in-S& tSi^is vfery hecerfsr|ry, but in public affairs (except in suspended negotiations with extraneous authorities) i.t. is a deprivation of popular right* i,f L jl -; -| — ; 11 t: