The Gisborne Times. PUBLISHED EVERY MORNING. GISBORNE, FEBRUARY 28, 1903. THE NEW ZEALAND LOAN.

Gisborne Times, Volume IX, Issue 823, 23 February 1903, Page 2

The Gisborne Times. PUBLISHED EVERY MORNING. GISBORNE, FEBRUARY 28, 1903. THE NEW ZEALAND LOAN.

The result of the last attempt to float a loan on the London market shows that the attacks on tho finances of Australia are having a baneful effect, and are reacting on New Zealand. Not much information has been vouchsafed to the public in regard to the loan, but the plain truth appears to be that it was not a success. In the first place, the colony had to pay too dearly for tho money, and added to that the underwriters themselves

found that tho loan was not eagerly sought after. When tho writer A. J. Wilson was challenged for his misstatements about Australian finance, he sought to defend himself with the plea that the suggestion of bankruptcy was taken from a Sydney weekly, the anarchical Bulletin. This gt the time was regarded as a good joke, but it is an expensive class of joko when we note the effect that it has had on the New Zealand loan. If such attacks were instrumental in putting a stop to reckless borrowing they would perhaps confer a benefit cn the colony; but tho unfortunate part is that they simply have tho effect of making the colony pay dearer for money, while certain people in London who resort to trickery to affect the price of stock i gain a handsome profit. The sooner ' " Zealand can exist independent JN'e>, - money market, the of the Lo_ * ►kU parties., better it will be fo t .

Dr Cole returned from Auckland by the Talune yesterday. Outward English cables are being delayed by faults on English lines.

The Sierra left 'Frisco for New Zealand on Feb. 20th. Mr Seddon is doing some fast travelling. Yesterday he was in Wanganui. Mr J. H. Trimmer, formerly of Gisborne '’'■lioq], has been appointed master of the Enisou According to tnJ Standard the Hastings Bowling Club inteul _ l!olectlD S _ a team to play the Gisborne Club on Jjacm' day, 28th, returning on Sunday, March Ist. The local secretary has so far received no communication on the subject. The Kaiti properties offered for sale by Messrs Wyllie and Mason, on Saturday, were passed in. For sections 8 and 9, containing 8 acres 0 roods 9 perches, Tyndall road, with dwelling-house of seven rooms, £SIS was offered, and for section No. 9, of 324, Montrose, Kaiti, containing 20 acres 2 roods 28 perches, belonging to the same owner, the best bid was £ls per acre.

The Cook County Council meats to-dav

The estate of the late Mrs Eliza Jane Carlile has been sworn at .£llß4.

. .r .-Tarry DeLautour returned to Gisborne on Saturday from South Africa. The Talune made a good run from Auckland yesterday, the trip occupying under twenty-three hours.

The schooners Awanui and Zior arrived yesterday with cargoes of timber for this port.

The barque Gladys was floated out of dock at Auckland on Friday, and was to sail for London on Saturday. Mr John Boylau, C.E., has won the first prize tor designs for laying out the iving Xlaward Park at ITawcra. The Patutabi Road Board call for tenders for clearing out road and outlet 'drains at Papatu. A Tiniroto settler informs us that the road machine in charge of Mr Barrington, on the road between Parikanapa and Tiniroto, is doing some splendid work. At Messrs Wyllie and Mason’s horse sale on Saturday Notoriety was passed in f. 10 ®’Mangamahaki was sold for ±oo, MrF. Rhodes being the purchaser. The Rev. Adolph Scotter, of Wellington (son of Mr \V. G. Scotter, of Gisborne), has passed the first grade of his B.A. examination.

Mr Browne, for many years postmaster m Gisborne, arrived from Auckland by the Talune yesterday on a short visit. He was accompanied by Mrs Browne. Sorgt. Siddells left for Wellington last evening, and during bis absence Constable Parmer, of Ormond, will be in charge ef the Gisborne station.

At the sale of Mr A. L. Bellerby’s live stock to-morrow the handsome Clydesdale stallion Honest Jock will be submitted for auction.

Since the carrying of prohibition in Ashburton, soveral of the local hotelkeepers have received notice from insurance companies that their risk has been reduced.

Sub.-Inspector Black is suffering from tho effects of a severe fall from a Ponsonby tramcar, which rendered him unconscious, and necessitated his detention at the hospital.

The Hon. J. Carroll left for Auckland on Saturday. We understand that the selection of the Trust Board has now been nearly sott-led, two members having been agreed upon, but that there is a deadlock over the appointment of the third member. The funeral of the late Miss Matilda Barker took place at Makaraka cemetery on Saturday afternoon, the body having been brought from Dunedin by the Mararoa. Much sympathy was shown with the relatives in their bereavement. At Messrs Wyllie and Mason’s horse bazaar on Saturday, fifty horses were offered for sale on account ot Mr C Neenan. Fair prices were realised.

Two-year-olds made from ±3 10s to ±5 17s 6d, a mare and foal ±2O, three-year-olds ±8 7s 6d, £l4 jos, and ±l2. The stallion Delphin was passed at 35gs and Warrior at 23gs. Attention is directed to Messrs Williams and Kettle’s clearing salo at Mr A. L. Bellorby’s homestead, Waimata, to-mor-row. It should afford farmers a good opportunity of purchasing first-class, wellselected stock. Tho salo commences at 11.30, and luncheon will be provided. Mr A. F. Kennedy will conduct the sale. A conference between the County Council and Patutabi Road Board was hold on

Saturday in regard to the Patutabi quarry question. It waa agi'ccd that tho County Council should have control of the quarry for- 24 years, the remaining period for which the loan has to run, local bodies to

pay 6d a yard royalty on stone taken, the County Council to pay the interest on the loan out of these royalties. Private persons will bo chargod as much as tho Council thinks fair for their stone. If it is found that any of tho terms of tho agreement is ultra vires, then both sidos aro to loyally maintain what tho conference decided on.

Mr C. F. Lewis’s cloaring sale will continue for 14 days longer only, and wo would advise those in search of bargains to avail themselves of this opportunity. Mr Lewis is agent for that old and wealthy English fire office the Law, Union and Crown Insurance Company. The Mutual Life Association of Australasia, the only office that issuo that excellent policy “The combined life and accident,” the

popularity of which has brought this prosperous offico into prominenco with the insuring public and to those uninsured, we can certainly commend this excellent form of policy. As agent for the Dresden Piano Company Mr Lewis is showing a really choice lot of pianos and organs by tho finest makers in tho world, and Mr Lewis informs us that he is prepared to give most exceptionally easy terms and a guarantoo with every instrument.

At tho Police Court on Saturday, a boy named Henry Foster, 10 years of age, pleaded guilty to putting three matches into to the post-offico letter-box at Gisborne, on February 3rd. Sergt. Siddolls stated that the practice of throwing matches into tho letter-box was one that might result in serious consequences. In the present case there was no doubt the lad did the thing unthinkingly. Ho was playing about the post-office, and seeing somebody inside put the matches in to attaact attention. It was a case of pure thoughtlessnes rather than larrikinism. Mr Sampson, Chief Postmaster, said the offence was not a common one, but last April someone threw a match into the box and set fire to the only letter that was in the box at the timo. The Magistrate, in addressing the lad, said he had committed a serious offence, one for which ho might be sent to prison for seven years. A fine of 10s and costs 7s was imposod. At tho Police Court on Saturday Benjamin Taylor, licensee of tho Oil Springs Hotel, Whatatutu, was charged with allowing boor to bo consumed by Tuhitaro Wirepa on February Bth. Sergeant Siddolls conducted the prosecution. Mr Nolan appeared for the defence, and stated that the drink was given by Mr Quinn in ignorance of the law on the question, he being under the impression that a publican was entitled to give driuk to a man for nothing if he wanted. So straightforward was tho transaction so far as Mr Quinn was concerned that on the policeman asking him if he had given Tuhitare any liquor he at once informed him that he had done so. His Worship said ignorance of the law could not be taken as an excuse. It was the duty of every hotelkeeper to make himself acquainted with the licensing laws, and it was astonishing how few really knew their powers. It seemed to him that the offence was committed in ignorance, but he had no alternative but to order an endorsement. A fine of £l, costs 11s, witnesses’ expenses £1 15s was imposed, and the license was endorsed. The Poverty Bay Executive of the Farmers’ Union met on Saturday afternoon, there being present:—Messrs Jas. Macfarlaue (President), H. N. Lysnar, A. H. Wallis, Bilham, Clayton (secretary), W. F. Somerville, W. A. Hood, Kcdpath, and Bell. Mr A. Dewing, manager of the Taruheru works, wrote in reply to the Executive’s letter of January 25, re taking delivery of stock at owners’ yards. Mr Dewing stated that it was impossible i under the present conditions, as there ' l weed flOf drovers at present in sufficient •wim woijld do the driving when numbeio ‘ “*■ thing ifiey could do required. The beo„ '-•’tral place was to send drovers to a " *- where there were a number of small lota of sheep ; but they could only do this when it suited all the owners in a particular locality for them to draft at the time. The works would always be glad to assist owners of small lots of sheep. The Secretary stated the other works had not replied ’as yet. He understood Nelson Bros, were taking delivery of sheep at owners’ yards in Wairoa by arrangement with the owners. The General Secretary the New Zealand Farmers’ Union notit Colonial Executive would me.. ?™ 16 “? February 26. The question or stack sau,was considered. The President thought the sales were going on satisfactorily, and there was no cause to interfere. Mr W. A. Hood suggested that a dairyman’s sale should be held. He pointed out that it did not suit dairymen to wait till four o’clock in the afternoon for their stock to be sold. It was decided to write to the firms conducting the stock sales asking them to hold a dairymen’s sale overy montfai

A four-roomed house is to be sold ui; bill of sale on Saturday next by Me Wyllie and Mason.

A very enjoyable musical evening was given at the Poverty Bay Club on baturday, there being a large attendance of members and their friends.

A teamster, who hurt his back five days before, was louud starving several miles from W emwort, New South Wales, on the 3rd iust.

The Sydney City Council has decided to demolish ;he " Paddy's Markets ” and rebuild a substantial structure at a cost o£ ±’2U,OOO.

The members oi tire Poverty Bay representative cri ket team attend net practice trom 4 to 6on Victoria Domain this afternoon. The practices will be continued on Tuesday, Wednesday, and Thursday next at the same hour. The men will want it all for the match against Hawke's Bay at Ormond next Saturday.

In allusion to the close weather and late sittings of the Court, Mr Justieo Couolly remarked to the Crown Prosecutor at Auckland, “ I do not know how you feel on the subject, Mr Tole, but when you reach my age, you will probably, feel as I do.” “ Oh, I shall never be as old as you are, Your Honor,” was the Crown Prosecutor's reply. A selector residing at Cunnedah (New South Wales), named Charles Mackenzie, while crossing the railway line there near the trucking yards on his way home, caught his foot, it is believed, in tho signal wire running along the track, fell, and became unconscious. Tho mail train at midnight struck him, severing an arm, and he bled to death.

A son of Mr E. Lewis had a narrow escape from drowning yesterday morning. Mr Lewis had gone aboard tho ketch Coronation lying at the wharf, llis little son was on the wharf, and was clambering on to the ketch when he foil into the river. There was a strong current running at the time, and there was the danger of suction from the vessel. The hoy did not give any alarm, but Mr O’Dowd, who already has to his credit a substantial list of lives saved, was promptly on the sceno, and dropped down into the water, catching the Jad as he was sinking a second time. On hearing the alarm Mr Lewis also jumped into the water, but tho boy taking things coolly facilitated the rescue work, and Mr O’Dowd was able to swim with him to the bank.

Some time ago tho Wellington Trades Council decided to run a labor tickot in the coming City Council elections, and with that object seut out a circular consulting the various labor unions on the subject, but out of 40 unions only 12 favored tho proposal. Owing to the apathy shown in the matter the Trades and Labor Council has abandoned the idea. Another organisation, however, which leads a more or less fitful existence, tho Socialist party, has declared its intention of prosecuting a vigorous campaign, at the municipal elections, and has elected a° organising secrotary in the campaign Mi; R. R. Lainonte, an Amorican socialist who has been a resident of Wellington for some months.

In his summing up to the jury in the Waihi slimes case, Mr Justice Couolly expressed himself very strongly on the subject of private detectives. “ I have always protested,” said His Hohor, “ and will continuo to protest, against thoso persons who take up tho trade of privato detectives. I have seen a few of them, and I have never seen a decent ono yot. Polico detectives, I am happy to say, arc, as a rule—there may be exceptions—an honorable body of mon, but as for those private detectives, who get payment by results, 1 havo always had tho greatest aversion and contempt for them. I havo known several cases in which their evidence has been most utterly unreliable.”