LATEST INTELLIGENCE.

Dunstan Times, Issue 272, 12 July 1867, Page 3

LATEST INTELLIGENCE.

BY ELECTRIC TELEGRAPH.

[We published a portion of the following in un " Extraordinary" on Wednesday last ] DcsEDßf, July 10. The Second Session of the Fourth Parliament of New Zealand was opened yesterday (Tuesday) by his Excellency the Governor in person. The Governor's speech refers at great length to his loyal reception when visiting the South, as also to the unprecedented progress and r gard for law and order on the West Toast, and congratulates the colo ;y upon the re-establishment of peace in the North Island, and the fact that disaffection is dying out. The correspondence a>:d papers relating to the administration of the Otago Goldfields affairs are to be laid on the table forthwith. \ measure is recommended for the conversion of Provincial loans into Colonial Stock, with a view of placing New Zealand securities ou such a footing as may most advantageously maintain and improve our credit in the money market. That such is necessary i< confirmed by the present position of many Provincial loars. A Bill is to be submitted for the exlentiou of Colonial credit to enterprises calculated to improve the interests of tic Coldfields. The Duke of Edinburgh is shortly expected to visit New Zealand. A measure is shorty to be submitted for the establishment of local self Government genera ly throughout the Colony, by providing means wherehy the Public fuod shall be equitably expended on works of local improvement, under the manage ment of those interested. The subject of increased representation for the West Coast Gold-fields, is to be considered. A Tfoyal Commission is to report on the best mode of instituting Colonial penal establishments The Taranaki, for which Vessel, fears fears were entertained for her safety, has arrived at Wellington; she had broken (low . The Ruahine, with the Panama mail, left Wellington at daylight yesterday, she takes 37 passengers. Only formal business is expected to take place in the Assembly, this week. Strong opinion prevails that the " delegated powers" will not be granted to Macandrew. John Hyde Harris is said to be the man on whom the Governor will confer the said powers. July 11. The Otago was too late for the ?uez Mail. Mr Cox moved an address to the Governsr's speech. Mr Waring Taylor seconded the address, and regretted that speech only mentioned that papers relating to the goldfields dispute would be laid upon the table. Be supposed that Mi isters would attempt a vindication. ( 'car, hear, from Ministers) An amendment to the address was spoken of. It is rumoured that an Appropriation Bill for three months will be introduced This induces the belief that prorogation oi dissolution is contemplated in the event of Ministers being defeated Meanwhih it is thought that Mr. Reynolds will hav< the delegated powers conferred on him. Ma. Joseph Yates, of the Bank of New Fouth Wales, died at 'flokitika on Mondaj last,