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.GENERAL ASSEMBLE

[BY ELtjOTRIQ, TELEGRAPH.] f | REPORTS ON RAILWAYS. i :-■: ■•■:•/••..■; '.'i WELLINGTON, July 17. ' Reports by theEngineer-in-Chief, reporting bn'raiiways, estimate the revenue of ;the Nelson and, Foxhill railway at LBOOO, (and v the. working,,. expenses' at L7OOO, ; The: traftlc -of; the line will; be almost entirely dependent on timber. L2OOO. is expected from passengers. He considers it quite hopeless to look for 1 working expenses of the Kaiapoi and Eyreton railway, which will not be less thahL2ooo to LSOOO^yeaf:' The Racecourse and Southbridge railway will payi 1 a dividend, ' ih^additibn ' to working ' ex- ; penses. The .Rakaiaand.Ashburtqn line runs through a poor shingly soU, unfit for cultivation, . He ; , estimates - r |;hat , , the' ! Timaru and Coleridge districts will yield a passenger revenue of L3QOQj andfrieght LI 400, which will be equal to working expenses. l The Ashburton' and' Timara 1 railway will, open a district !where a huiidred thousand acres are cultivated. Theestimated reyenue is L43,00Q a year ; expenditure, L 28,000 ; leaving a, "nett^re;venue"""of " LlKOObl' The ..Waitaki and^ Moeraki railway passes ' through one of best, districts in the Middle Island, > where 60,000 acres are under cultivation, and he estimates' the .revenue at Ll7,000 ; ;wor^ing,, e^xpensesj .^JLi4,|)p6. , Oiij- the, Tokonrairiro and Lawrence. the annual profit ; 'will r ■■■ :;r De :> ' ;f Lß^;\ ;^w6rkm| i ;' : ; -expenses, L 10,00 0; riy^^e, ; jWß,obor;;iW ; mton to Kingston, railway, iiett profit L 750 0; esti-. mated receipts, L26,'otio'; expenses, ;Llß|soo.^; vßrunnerton; Coal railway—Wprking^xpenses, L4OQO ? requiring a production ..equal to L23,,00j0 per year ,tp pay/working expenses. The : repprt.upop North ■ Island :: railways will' Boon be: pnb.Usiied;'-;-;;;;;'; ;;;';,;;;• ;\!;' '■'\Zff^\ \ ■ .',■,..,„.:,- 'vrv !r , : -:' r ;;^;^ ; i' In the'Hbuse',. to-day, Mr Murray gavJß notice of : a motion that, the ,Goyernmen|t ought id take 1 immediate steps to preventthefurtherpuroh^asepflaridfromthenativesi by Europeans until a measare be passed tb regulate- such' 1 ; transactions- 'in a manner more satisfacjoi^j'jto' .the.^atives, more consistent, withi the; progress; ; of , bona jufo colonisation, and the maintenance of the .peace.p^.the ; s;ol9ny. ■ ;r , ;v;rrr ( :: ;;r />,, ; rv/ „n J The Speaker announced the-receipt,;qf; a teiegram^'frbni Mr'^allenstein resigning his seat, r and saidhe must^ await his formal " esighation before issuing the writ.' j In reply/to: Mr- [Johnston; cthei Premier said that twosWcuritie^fdf' L 25,000 from Webb and Holladay were held, by ? th6 Government,,;, r Mr^ebb ;f refused,, ix> pay! The bonds were good. The Government would recove\r i> thV ! moiey^:i^oohad been already stopped f from 'sie -moneys dneteWebb^'; ;!^-t'^ !; -/ !: -^' "WW j.. r ;; The : .ToW^e^ Load : ScripJ^Act was read-a l first ! time.[ ;;■! ■:■■■■, '-^vs^b .j The Municipal - Corporations Water Works and Assaults on Constables Bills .were read a second time. "... „..._.-} .= ■ A returnj?showing the practical /.results of the Industrial 'Committee's work during the session, was agreed to. „,, ] ;; ; „Mr : JWebb moyed^heia^dress^^e^f He referred to the prosperity ii of.^ sth6 Colony as 1 due 'to the Public WSrks'and Immigration policy. : ••' The country should feel g^teuTJ^tte^vOTi^fi'"!^^^ : had avoided another war. The people of* tfie : Middle' Island would apjiprpye pf the action -rofi the; Goyernmentj /and he trusted ilthat ithe sa"me' goodifeeling would exist between .the pr^se|nt Governor and Ministry) as in' the case of Governor "' 'Oil v Cuthbertson ! secpnded,t^ej'a^^^ j ;!1 : Mr Gillies(.said:he wouldVnot ;moye an ■'^nle'ndmentj'anii^buld^not'e'ntertt^bna^Bf bate now. Qther/ppportunities would arise; He only spoke lest it might be thought ttai''ie'ißntieiylapprpyed of the. address, j l , ,On; the; second readingipf the Municipal Corporations 8U1537 r Mr .Gillies askld s whether " J deb' entiires "would \ be ' issued, at par, or a price. rtoib^foed.iupon.KJ Mi >Batii^ate referred jtb : • the ' twenty-second clause, of, the Municipal^ .pprpjirati^ns^Aist, and;sai,drthat;they,^ might. exchange ;at'par for value. 1 ■■" .<•' -■ ; ""- ) ;!l /•■'■ if * :J '■' ; ' I -I f^. ■■ li/ Tiie r House rose at !^3o !p ; .m" ""'' l '"''lrXl

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18730718.2.10

Bibliographic details

Grey River Argus, Volume XIII, Issue 1545, 18 July 1873, Page 2

Word Count
592

.GENERAL ASSEMBLE Grey River Argus, Volume XIII, Issue 1545, 18 July 1873, Page 2

.GENERAL ASSEMBLE Grey River Argus, Volume XIII, Issue 1545, 18 July 1873, Page 2

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