A PICTURE OF NEW ZEALAND.

Daily Telegraph (Napier), Issue 3156, 9 August 1881, Page 4

A PICTURE OF NEW ZEALAND.

In a bagfcby article the Yorkshire Gazette, in a recent issue, discusses the financial and other positions of New Zealand. It points out that the traducera of the colony in Britain are again at work, and after referring to the extravagance caused by the borrowed money, and the enormously expensive Civil Service which was created, it points out that in consequence of those things existing, "to say that New Zealand is on the rerge of bankruptcy is idiotic. lhe islands which according to Maori legend were flehed out of the Pacific by the Titanic God Maui, abound in mineral wealth j the lands are of boundless fertility, and only small portions are cultivated ; the chores form a aeries of harbours aud estuaries affording wonderful facilities for shipping; lines of railways and excellent roads extend over the face of the \zrA ; the climate is probably better suited to the Anglo-fiiaxion than any other in the world, unless it b<. .Ije southern countries of England ; coal, iron, and gold aro found in close proximity to each other ; cattle and •heep thrive in the clover-covered valleys ; the seas team with fish of valuable kinds ; the forests contain every species of timber requisite for either ship or house building, or for ornamental purposes; and the colonists are famous for their energy and enterprise. Truly such a country and such a people will take more suppression than a few millions of national debt can effect. A generation of carpet-baggers has done it? worst, but we believe the people of New Zealand have fairly realised their position, end feel that they must look to themselves for their own future. It is well that thi* should be so. Their ' native difficulty ' if practically dead, and they now have nothing to distract their attention from the extension of those industries which will unquestionably make New 7edand the wealthiest colony of Australasia. No one need lose confidence in her future, and we are convinoed th at the present is a most favourable time fov the purchase of New Zealand lands and the introduction of capital into the colony."