NEW ZEALAND BETTER UNDERSTOOD.

Globe, Volume XXIII, Issue 2228, 19 April 1881, Page 4

NEW ZEALAND BETTER UNDERSTOOD.

The” Westminster Review ” has tho following in reference to the present and future of this colony : —“ Tho colonists have for the present, indeed, to use every effort to pay the interest on this debt; but they know that it is not a debt of expense previously incurred by their ancestors, but rather a payment made by the present generation in order that their descendants, if not themselves, may reap all the benefits of easy intercommunication. The colony is thus, at the present, in the position of a man hard at work, ond pinching himself at every turn, to develop a large business. Roads and railways are being laid down, land purchased and brought under cultivation, labor imported, and capital invested; but the ’ business ’ will soon commence to pay, and for him and for his children good days of reward are in store. Signs of these good days are, indeed, already apparent. Wool and wheat are being exported in increasing quantities. Goal and minerals are taking their place regularly in e, market whioh knew them not before. Property of all kinds is rising in price, and money is becoming cheaper. The latter is a sure sign that tho young community are becoming more peopled up, and arriving at that more mature stage of development at which the money invested will begin to yield proper returns. Tho Maori difficulties are quietly subsiding, and, with the confidence of his developing strength, the white man will be enabled to deal justly, and even generously, by the Maori, and thus stave off all disputes and trouble till tho Maori quietly passes away to His Happy Islands, improved off the face of the earth.”