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West Coast Railway.

:;i Unit -J: to H;(p^.) .- = J ,ji uiPnjingT the,.last; .deWpjbes jin the j; Hoose jon = rail way; njatfcers,i the concessions 'made by: Go wrtfm^ to the ' - itfellington-Manawafcu company have " J - iij)'o^Hll sides as excessive, ' attdtJe^Kqle/t^Hkctlori htjs, ovei 'andovor aaaih, been denounced as a gross job by f w,mch the : .interests of .:the"Col<)a}vhaveu been, sacrificed to > 'those of 'the shareholders m <aj private • fe6i^[iftiry { . i; Anything more* unfair or 'iflntrtfttt/nl thati 'these' stiiiteme^ts can- , " ! 'n^!wiili;ie' t -iin4^in6av Mik the tact • .;>thai^iHw ! compttny;w\makitig ihe conand the Manawatu that enables thei House now to consider and proceed the construction of that great colonial *""" way. Ifit nad not oeen for the ope- ; rations and cntei'prise of the company, .f.the.^vernaieneji^uM^aje now J* Sk ireatFy* i?*npdAja « m [dealing, ■with this subject, h is the «xpendi V^toto^htheiebnapany' 'which hjis prevented "Wellington sinking into the almost hopeless state of dedresnion* which- has, rQ«ui,tly afflicted banter'Otia'go.' ' ThW j compajny has $[#*!$ an *xpedi- , , completeness, and e^ouomy I '^ifch 1 ; bW pttHhe Public iWorks ilil^p'ai'tnient of iHe cbldny.. to absolute shanie^jlf .^ ; got, byjbter traded easier curves, and shorter routes than engineers could fiud; t%s :%,/]%s jattpfrtiQf work Jod_str,uctedjar lielpw GoxeEnmeiH .estit * m^ior'&e ordinary kin| ot dofreinmni^wiirlr. Itiappearsi'Uy.priulenfand straightforward, j negotiation wjth'the natives, and at'a fair" pride, sectored^; ,ii^rge extent of > valuable -na'tiivp lanjtji.. ojjwj)^^ the v , Goysppnujnl , ; *W bfce n yet, with all these concession*, pvnf dent administration, economical construction of wo^kjVyaluabJ^ 180/!^l 80 /!^ 1 estate secured, and other advantages/ shares are' brily -at paVV Toi listeji to the lion, members m the jlousaj from the Premier down w:irdft, one ,i,v^(>«ld imagine tliati the i WellingtonManawat^ Ppmpany shareholder v had jJlundereil the colony to an, enormous «j:teiit,.and had made /a real good ■y thitig ;ont 'of, their speculation. ; Kotti- ' V.:ip{s. cduldr )je wider of tlie truth. \ ' •Jhose whp think the company !sijch ! a,' > wonderfully profitable speculation 1 can 1 .actually still go into it oh ) easier '. terms than tho.se to whom these great s c^'tfeessiohsapd aiJ^aTita^ea Have been -■■'"■■^eti.' v \ll^ > ihai'Bs > ai i e simply par. ;, .^lbb^ip^n^u^{,Bpar^h,Q i \d.di^.vWHo Melt ?at.t^i3/oif. coqrse\em#rge losensj from { thriy lose them„- -„ threat on the calls they havej from > vtima totinve paid within' thp last couple i of years. It would be) impossible to givea more emphatic |"^cd t ■ jcal %h» f - no^ense l m toj^'d'A|(«ui?,ihe (^ enorn^ous and im;i pVQpe| ''cpnee^sipps''. made. . joj this the shares_ arj at par, and that {those ,s n ,w:ho, I*ink i^bbed /(i.fe^iconpessi^ns.nia^can still par ' ticipate inltlie plunder without pay- , i^-^njt jui ] ! jtny] ;preiai«m^ : j: Members certainjy ; do talk an enormous ainount^ of nonsense on subjects they do not , Wi«^\«*ndii&nd. vrifrhnuM takie thf trouble ofinfoiining tnemselves f said 'about )sMft /Concessions to the "WellinlrtdnManawatu Ridlway Company are — irtrert^rsh-a-re^ «ittoTild"-bir wttrtji 1 00' percent, premium. Those who Iprafce ■ ; j isidesj , on_ jt^e.^biect,, .Jbqwev^r, do ' „ ' flot e^jj^bit , any', ajixiofcy : , jio ihvesc :!( „evenrat-; n ftiv •■■ i i':.: i -- '.. : ..,-; ; |

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18841020.2.16

Bibliographic details

Manawatu Standard, Volume IV, Issue 277, 20 October 1884, Page 3

Word Count
478

West Coast Railway. Manawatu Standard, Volume IV, Issue 277, 20 October 1884, Page 3

West Coast Railway. Manawatu Standard, Volume IV, Issue 277, 20 October 1884, Page 3

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