GENERAL ASSEMBLY.
HOUSE OF REPRESENTATIVES. [NEW ZEALAND PRESS ASSOCIATION.] Wellington, August 5. The House went into committee on the Loan Bill, and on resuming, the Bill was reported with amendments. The following is the new schedule annexed to the Bill: —For Public Works, Immigration, and purchase of Native lauds, and for defraying the costs, charges, and expenses of raising the loan authorised by this Act, .£3,740,000; for Lyttelton harbour wcrks, in lieu of amouut authorised to be raised under the Lyttelton Harbour Works Loan Act, 1872, as amended by the Financial Arrangements Act, 1878, .£700,000 ; for redeeming guaranteed debentures, =£Bo,ooo ; for purposes hereafter to be declared by any Act of the General Assembly, £.260,000. Total, £5,000,000. Mr M'Lean asked that no agent should be bent Home for the special purpose of negotiating t-ie loan. He thought the agents at Home were qaite capable of doing the work. He asked for a pledge to the above effect. The Premier would not give a pledge
that an agent would not be sent %[ome to float the Joan, but such a thing had not entered his head till the question had been put by Mr M'Leaiv. The Bill was then read a third time and passed.
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Kumara Times, Issue 890, 7 August 1879, Page 2
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203GENERAL ASSEMBLY. Kumara Times, Issue 890, 7 August 1879, Page 2
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