SYDNEY.

Hawke's Bay Times, Volume 16, Issue 853, 28 October 1870, Page 2

SYDNEY.

Fbiday, Oct. 21. The merchants condemn the new tariff, and a defeat of the Government on this question is generally predicted, Only a small amount from duties lias been collected to-day. The tariff provides that flax he 10s and hemp 3s per bale. Trade is extremely dull, and the weather js Yei;y hot,

Heavy floods have occurred in the Western, districts, the Macquarie river being bank high. Mr Bragg, waiting-master, died cjenly, yesterday, Mr Godfrey Mackennon, of Joonam-* bull, baa been gazetted a magistrate. The Government propose construct jng a trial horse*traclion-iramway from Goulbourn to Braid wood; and if it is found to answer, the Government will establish other tramways on the saine principle, as feeders to the main line of railway. -- *■-* •' The wreck of the- Summer Cloud, sold by auction to-day, realized .£3OO. Large numbers of unemployed men assembled round the Public Works department to-day, demanding employment. The Kate Oomley has arrived from Circular Head. Sydney has been visited with heavy thunder storms. Heavy rains, accompanied with, floods, have occurred in several parts of the Colony. There has been no successor >;et appointed in place of Daniel Egan, Post-master-General, deceased. The. Californian mail is most anxiously looked for. Wool sales are very dull, Bread-stuffs are weak. Sugars, firm; fine qualities very scarce. ~ ; > The Olara Hargreaves has arrived from Lyttelton. The Colonial Treasurer,, in his financial speech on Wednesday, proposed to introduce measurement duties, expecting thereby to net two hundred thou* sand pounds annually. He proposes to assimilate the duties on cigars and snuff to the Victorian tariff; to reduce the duty on opium by one-half; to increase draught beer sixpence per gallon; to abolish ad valorem duties and newspaper postage He, found .£300,000 deficiency on previous year's income. He proposes a tax of sixpence in the pound on incomes over £2OO. The debate was adjourned to the following Wednesday.