Manawaiu Standard (PUBLISHED DAILY.) Suivant la verite. FRIDAY, SEPT. 21, 1883. THE NORTH ISLAND.

Manawatu Standard, Volume 4, Issue 248, 21 September 1883, Page 2

Manawatu Standard (PUBLISHED DAILY.) Suivant la verite. FRIDAY, SEPT. 21, 1883. THE NORTH ISLAND.

Sir Charles Clifford, presiding at the' annual "meetiua; of the INew Zealand Trust and : Loan Company m London; B aid that anybody who had studied the history of New Zealand and had looked at what occurring there, might have seen that the' NgrtU Island was now becoming; available for $be work of capitalists, llithorto tb.eland had been very much m the hands of the natives ; the hatiyes, iwere' how'; becpmihg^yery mijich mpreoi vilified than they, wore, and were adopting: £ln^Ji3h habits and cus« tonWf They^yerW ''aljlowij^fif (ioyerument to make roada 'through njpAr dif trices, and were s.elling their lands rapidly on very'go.6d iprffxxlq Eurbpeans,' and th'pse lands were pe}o§ $P^k4 9 n , and were

open to the investment of capital upon tbem. Sir v . Charles went on to say that;' they had instructed their manager, m llie, colony to jyail ; himself of these; circumstances. 7 Hitherto their tjinda had been, chiefly invested m the South Island, but now- their^ manager woulid endeavour, as soon as he got additional funds, to avail him_elf of the good security and the great openingsthat ,were\ eomirig ; forward ia\ the [North 'I-lah67' There can be no dbubti Native disturbances bave sadly retarded the progress of colonisation m this Island. Capitalists at Home do not care to run risks m their investments ;they_ prefer, peace and security to turmoil, and an i unsettled' State of things. War expenditure, heavy though it was, did not compensate ;for the check given to the Wore rapid "advance of settlement that ■ has. taken place m, the' the South Island, where Native disturbances are unknown. ., The cost of the war has been a heavy item a!so f which has been a burden upon tbe Colony ever since. The natural features of the North Island ar« f to some extent adverse to rapid opening up o( the country . it has ■ its U hundreds" pi\ thousands of acrej of forest.rr-in (itself: vast wealth— as compared with the rpjljiigf treglels plains --: of * the Island, But people are beginning, to ( find, out that the bush^'eountrV' bV4 ! ati J enduring fertility that _ the lighter ? open. lands cannot claim. In fact', clay by day the substantial , resources of |he iKbrtH Island 1 are 'i, making themselves more apparent. Its /fertility 'of soib/ salubrity of climate, and great natural resources and indigenous' wealth : are beginriingj to^a^sert themselves y hut somehow tne^nousandsT sent ' for investment have as yet found their way T to the South Island, as presenting a more . inviting prospect, o » A ' chttrVgeis evidently about to tske place' in this respect, and, the day Is not far distant when foreign capital will be attracted' towards 1 ' the North Islerid, -yvith' the steady and ample flow thrit hitherto has ' been eaHanoing tbe wealtii of the South ; ' ! ;;;r ? :.. ryi y:y:y ;;;::..-