Page 3 Advertisements Column 2

Hawke's Bay Times, Volume 8, Issue 454, 27 December 1866, Page 3

The Mastawath Purchase,— The Wanganui Times of the 18th, in speaking of the late negotiations, observes: —"The purchase money—the largest amount ever paid to the natives for an equal area of land in the colony—is not lost to the province. It is not unreasonable to suppose that during the next six months £15,000 out of the £25,000 paid on Saturday last will be spout within the province and thus not only give an impetus to trade, but continue circulating until no small por tion of it will eventually find its way into both the general and provincial governments chests, thence to circulate again throughout the country. Money paid and spent within the province is not lost to it; it generally goes to add to that which makes up the sum total of the wealth of the inhabitants, and in course of circulation bene tits the greater part of the population. View the subject as we may, the peaceable completion of the’purpose is decidedly the most important transaction of the kind ever completed by his honor the Superintendent. Next in importance will be the settlement of a population upon the land, and that, we have no doubt, will in time, be equally as well accomplished. Dr Eeatherstoa and Mr Buller have rendered service to this province, the benefit of which will only be fully realised in future years. Every right thinking man in the province will rejoice at the result of their labors, and feel grateful for the perseverance with which they performed the important aud intricate task assigned them until brought to a most satisfactory conclusion.”