PARLIAMENTARY.
Wellington, Friday. 1q she Leeielitiv« Council to-day the R-.-pret.&r,U!ion Bill whs rend & | second jjce en a diviuion of 14 to 8. ike Legislative Council met at 7.30 P-&\ A number of Bills were raid toe ii' =t and second time. The amendments ratd-i by the Lower House in the Parliamentary Privilests Bill were not agreed to, end mß2ft 2 ers w«ra appointed to confer WjHb those of the Lower Cfaatnher. -the Council { adjourned at 9 5 p.m. - he House met at 2.30 p.m. M jor Atkinson gave notice of the following scheme for the distribution of tLo surplus fanefs of the Gove.rnmeni Insurance department :— That, wheroia the actuaries appointed ia acconla?:ce with the 45:u section of the Government Insurance and Annuities Act, 1874, ia their report on the net surplus of profits under the «aid Act, and the repealed Acts, have ref^mmpcdal that a auoa not exceeding £60,000 be divided amoncg; holders of policies unier the said Act; and, whsre*B it is provided by law that the sum eo recommended for division in sneh r por», or such leas sum aa shall be fixe J hv resolution of boih Houses of the G&oeral Assembly aa jhe amount for the division amongst the holders of policies, under the said Acts, in sach manner and according to sucb scheme as shall be approved by suob resolution, this House resoUea that the earn of £50,000 shall be divided by way of reversionary bonng amongst the holders of policies under the said Acts, in accordance with the following scheme : — Participation ia the bonus shall be confined to holders of whole life and endowment assurances policies, issued under tables 1, 2, and 3, which were in force on the 30ih June, 1880, and upon which two years' premiums had beea paid. The 6urp!ua shall b^ divided in proportion to the loading contributed by each policy-holder, Bobject to a deduction of a year and a halt's loading. In the case of policies under table 2 only the equalised loading ia to be taken into acoouut, the share of each policy-holder thus determined shall be converted by the H.M. (5) 4 per cent single premiums ioto a ievemenary bonus, to be added to the sum assured, which bonus may be exchanged at any time for one of the following benefits : —A temporary reduction of future premiums or a permanent reduction ef fntore premiums, such exchanges to be calcalatjd by the H.M. 4 psr cent tables. Eeversionary bonuses shall veit as from 30th June, 1880. EfvereioDary bonusea may be surrendered for cash, the surrender value to be calculated by the H.M. 5 per cent tables. Sir G. Grey gave notice that he would esk that a bonus for encouraging oetrich farming ic New Zealand be provided for. On Mr Hall's motion that the House on risio? adjourn to 1] o'clock on Monday, Mr Gisborne suggested for the consideration of the Government two points connected v»ith the Governor's absence from the Colony. The first was that by the Constitution Act tha General Assembly was to consist of the Governor, the Legislative Council, and Hcu?e of Representatives. It was also provided that the Gfn?r&l Assembly, that was the three estates named, should meet for tnsiness at a place to be appointed by proclamation. Now Wellington was tbe place eo named, and the first point therefore was, whether the absence from Wellington of oce of tbe I eststfg, did not terminate the eitting of the General Assembly. Mr Pyke said the office of Hi^b Commissioner would take the Governor away for at lea3E three months. If be could be spared that long he thought they misht make other provisions for the discharge of the Governor's duties altogether. The Premier said if neceeaary the Governor could be telegraphed to before he left Auckland. He stated that the Governor had told him (Hr Hall) that if the ten per cent redaction was to be continued during this year he (the Governor) desired his salary to come under the reduction. The discussion then dropped. The Hoose agreed to meet at 11 B.m on Monday. In reply to questions it was stated that the Governor drew half his salary during hia absence, and the Acting Governor the other half as well as halt salary es Chief JusMce. The subject of relating the salary for future Governors was under consideration, but tie Government did Dot expect the question would be settled by tbe end of tfce session. Mr Bunny called attention to the fact that of & toul coat of £619 for the Civil Service Commission, £338 had been paid to Mr Pharazyn, one of tbe members of tbe Ccmmisaioo, a large amount being 88t down as special a), lowance. He desired to know the reason for this special allowance being paid. Major Atkinson promised that the information Bsfcpd for should be given. The following Bills were read the second time :— Railway Authorization, Thermal Springs, Westland and Nelson Coalfields Administration, Special Powers and Contracts, Public Health Act, 1876, Amendment. The Rabbit Nuisance Act Amendment passed, and the House adjourned at 5"30 p.m. The House resumed at 7*30 p.m. Some discusson took place on the Towns District Bill. After a division —Ayes, 43 ; Noes, 15 ;— the Bill was ordered to be considered in Committee on Monday. A motion was carried to go info Committee on the Railway Construction and Land Bill, Mr Murray opposing the Bill. After a discussion Clause 11 was agreed to. Clause 12 was carried after a, division of 30 to 20. The Clauses to the 46th were agreed to. Clause 48 was added to, giving the Government power to see, after inspection, that repairs, alterations, and additions be made to lines constructed by companies, necessary for the safety or utility of the lines. - CJause 48 was struck out on a division of 26 to 21. ..... I I
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Bibliographic details
Nelson Evening Mail, Volume XVI, Issue 216, 10 September 1881, Page 4
Word Count
974PARLIAMENTARY. Nelson Evening Mail, Volume XVI, Issue 216, 10 September 1881, Page 4
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