WELLINGTON.

Hawke's Bay Times, Volume 16, Issue 904, 29 December 1870, Page 2

WELLINGTON.

Wednesday, Dec. 28, The Go/eminent have received a letter from the chiefs of the various tribes throughout the country condemnatory of the conduct of the Waikato natives with regard to Todd's murder; and many who used to join the Waikatos in every action, ■■whether right or wrong, have on this account broken with thorn, Tim Native Minister's circular inviting natives to compete for prizes in dressing flax has been well responded to, and some beautifully-dressed 11 ax sent here by Vvi Tako is much admired. Half-a-ton will be sent home by the Flax Commissioners. Recent- advices state that the railways may be early constructed on gua ran tee at a most moderate rate. Thursday, Dec. 29. The Independent of to-day supports the criticism of the Economist article by quoting from Mr Dillon Bell's letter, dated 30th September last, giving absolute denial of any pledge or promise not to further borrowing. Mr Bell says what we said was simply an opinion to the impression conveyed abroad by Mr J. E. FitzGorald's language, "That the colony was in a bankrupt state and must borrow a newloan to carry on its current expenditure," Whether Mr Fitz Gerald meant this or not, that was what people thought he meant, and understood his Pamphlet to be written for, and it mas to these fears of his and consequently ol the bondholders that our contradiction extended. No one in 'JGJnglaud ever objected to Mew Zealand coming into the market for immigration and public works. No assurance given by n-i contemplated so absurd a proposition as that the New Zealand Ministry were restricted by what the Commissioners said here, from bringing forward plans which they had already expressly bound themselves. -1 in the session of 1809 to introduce. Mr Bell says, "I am surprised at Mr Rolles ton's suppositions, but at any rate if any doubt exists in the mind of any one who speaks to any of yon, you can safely reiterate the statement which in many letters we made, that the capitalists here will, without any difficulty, provide you with all the money you want."