EUROPEAN SUMMARY.
AUCKLAND, Gfcli January. The Phoebe has arrived. She left on the 31st December, with 200 tons of cargo for the South and twenty passengers. Most of the news has been anticipated by the Gothenburg. LONDON, 28th December, The Times has an artie'e commenting upon the free trade policy of New South Wales, as disclosed in the Budget, and says that Sydney has obtained the start of Victoria in the right direction. It anticipates also that, unless the protective policy pursued by Victoria is speedily abandoned, Melbourne will be commercially outstripped, This crucial experiment in politics, in the economical history of the Australian colonies, is watched with universal interest. 'The Times is of opinion that there is no doubt asdo the re* suit.
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Hawke's Bay Times, Issue 1540, 9 January 1874, Page 74
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124EUROPEAN SUMMARY. Hawke's Bay Times, Issue 1540, 9 January 1874, Page 74
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