NAMES, USES, AND PROPERTIES OF NEW ZEALAND TREES.

New Zealand Spectator and Cook's Strait Guardian, Volume II, Issue 74, 7 March 1846, Page 4

NAMES, USES, AND PROPERTIES OF NEW ZEALAND TREES.

Correspondence between Lord Stanley and the New Zealand Company relative to the loan to be advanced to them by the Government. (Copy.) New Zealand House, Broad Street Buildings, 20th August, 1845. My Lord, In compliance with the wish understood to have been expressed by your Lordship, I do myself the honor to subjoin on the part of my fellow Directors a statement of the manner in which we propose to employ (if obtained from her Majesty's Government) the sum of £150,000 applied for in our letter of the sth instant. The objects more immediately contemplated by us are stated in that letter to be the following, namely — First — " The means of satisfying the existing claims of the natives, and of meeting the possible heavy payments that may be necessary for future purchases." Secondly — "The re-organization of an efficient surveying staff, and pressing forward the surveys with sufficient vigour to obviate the reoccurrence of former evils resulting from the arrival of settlers before the lands were marked out for occupation. Thirdly — " The discharge of outstanding claims in the colony and in England, estimated at about £8,000." Fourthly — "The completion of the engagements entered into with the settlers at Nelson, for expenditure for religious and educational purposes, and for steam navigation." Fifthly — "The adoption of the measures necessary, according to the plans previously described for establishing the settlement of New Edinburgh at Otakou, and a Church of England settlement at Wairarapa, as arranged." Sixthly — Placing our establishment in a state of efficiency, and raising the salaries of our officers to that just amount, below which, under extreme pressure, they have been for some time unavoidably reducei."

Grouping fheie objects in flit tdtnner which suggests itself as most natural, we propose to divide them into the three following classes : — The^rst class will consist of Nos. 3. and 6. the claims at present outstanding, and the necessary restoration of our establishments at borne and in the -colony; together with auch contingencies as, although they must be expected to arise, cannot now be deferred. The amount may be estimated -at £8,000 for the former (as before stated), and £25,000 for the latter, or £33,000 in all. The second class will comprise Nos. 1. 2. and 5. of the foregoing list; or, native claims, surveying staff, and new settlements. The amount required for these purposes we estimste at £67,000, which may perhaps be thus divided : — 1. Native Claims £13,000 2. Surveying Staff 33.C00 3. New Settlements 21,000 £67,000 The third class will thus contain only No. 4. our engagement with the settlers at Nelson, to which may be allotted the remaining sum of £50,000. But we must beg to impress it upon the Government, that it is impossible, at the present moment, to make more than an approximation to the several amounts ; and it is far from improbable that, in actual practice, it may be found that -some of the heads nave been «n<fer-estima-ted, while others are in excess. I have the honor to be, &c (Signed) G. F. Young, Chairman. The Right Hon. Lord Stanley, &c. &c. &c.

(Copy.) Downing-street, 30th August, 1845. Sir, — I am directed by Lord Stanley to state to you, for the information of the New Zealand Company, that his Lordship has brought under the consideration of lier Majesty's Government your letter of the sth instant, in which you make application, on behalf of the Company, for the loan of £150,000, in oraer to enable you to renew its colonizing operations. Before proceeding to acquaint you with the result of the deliberations of her Majesty's Government on this application, I am to advert to the passage in your letter in which you state that, 'the New Zealand Company have a valid claim against Tier Majesty's Government for expenses and losses (herein referred to; a claim which is further alluded to in your letter of the Bthinst., respecting the land claims of the Company, and I am to inform you that Lord Stanley deems it necessary, on the part of the Government, to state in the most unequivocal manner, that they nrast decline to admit or recognize any such claim. Her Majesty's Government Tiave, however, been induced by considerations of general policy affecting the future welfare of New Zealand, and having reference to the special and peculiar circumstances of the colony, to entertain the question of recommending to parliament to assist the Company in their present pecuniary difficulties. Under the auspices of the Company a large body of her Majesty's subjects have already at various times proceeded to New Zealand, and haye > expended much of their own capital in forming settlements in full reliance on the continuance of the Company's operations. The discontinuance of those operations would most injuriously affect the welfare and perhaps even endanger the safety of these numerous colonists, and the result of the enquiries which her Majesty's Government have caused to be instituted, in consequence of the receipt of your letter of the sth instant, has been to convince them that, without some temporary aid, such discontinuance would be unavoidable. On the other 'hand, it may fairly be hoped that, the intervention of fhe State at this particular period may not only relieve the Company and their settlers from much embarassment, but may tend to the realization of important advantages, by promotingthe growth and future prosperity of the colony. Influenced by these considerations, her Majesty's Government think they may Tie justified m recommending the'caseto Parliament, as one proper for its interposition. In doing so, however, they consider that the purposes towards which the contemplated aid can be extended, must be confined to such as are immediately connected with the object of enabling the Company to remove the impediments which have hitherto retarded the acquition, by it, of a sufficient amount of land, and with the continuance of its colonizing operations. Your letter of the "sth inst., points out the several heads of expenditure for which the Company deems it necessary to make provision, and your letter of the 20th instant, classifies these heads, and states the amount estimated as requisite under each. From these explanations it appears that the I first class of expenditure consists of the heads numbered 3. and 6. in your letter of the sth instant, viz. — The discharge of outstanding claims in the colony and in England, estimated at about £8,000, and the placing and carrying on the establishments in a state of efficiency, including contingencies, which, although they >must be expected to arise, cannot now be defined. The expenditure under these heads is estimated at £25,000. The second class of expenditure consists of the heads numbered 1, 2, and 5, in your letter of the sth instant, and which are stated in your letter of the 20th instant, to be together estimated at £67,000, and to be thus distributed, namely : — Ist. For satisfying and purchasing native claims £13,000 *2d. Surveys and surveying staff 33,000 -sth. Preparatory measures for establishing settlements at 'Otakou and Wairarapa 21,000 £67,000 The third class of expenditure, which is estimated at £50,000, embraced the head No. 4, in your letter of the sth instant, i. c. the completion <of the engagement entered into with the settlers of Nelson for expenditure on religious and educational purposes and for steam navigation.

Her Majeity*s Government have had the different heads of expenditure above referred to under consideration, and I am directed to «*te that, adverting to the principle they naVe adopted for their guidance, they consider the 4th of those heads, viz :— "The completion ot "the engagement entered into With the settlers "at Nelson for expenditure for religious m»u "educational purposes, and for steam navigation," as one which the Company ought to satisfy from its own resources ; nor could they, adverting to the same principle, entertain the sth head, except on the assurance which' they have received that parties have already made their preparations to proceed to the contemplated settlement at Otakou, and that much loss and inconvenience would result from the formation of that settlement being longer deferred. Subject to these observations her Majesty's Government consider all the different heads of expenditure enumerated in your letter of the sth instant, except the 4th, to fall within the principle above stated. The total amount estimated, as requisite under these five heads, appears to be £100,000. During the recess, her Majesty's Government have no means of rendering any aid to the Company, but Lord Stanley directs me to inform you that they will, at the commencement of the next session, apply to Parliament for authority to make a loan to that amount to the New Zealand Company, subject to the following conditions and stipulations : — Ist. That no time should be lost in ascertaining the total amount of land to which the Company may be ultimately entitled, and ia selecting the whole of the land so ascertained. 2&. That the lands thus selected, and any further claims to land which the New Zealand Company may have, be mortgaged to the Crown, with all the necessary powers for realizing the security, in such a manner, however, as not to interfere with the selection of land on the part of the Company, or with its selling the same ; provided that, on the sale thereof, one moiety of the consideration, whatever it may be, which shall be reserved to the Company, shall be paid to her Majesty's Treasury towards the liquidation of the principal and interest of the loan. 3d. That the Company shall engage not to apply the money so advanced to any purposes other than those specified in classes 1. and 2. above set forth. 4th. That the rate of interest be 3 per cent, per annum, to be paid as before mentioned, from the proceeds of land sales. sth. That after 7 years, Government may, unless the loan together with the interest be repaid, foreclose if it think fit the mortgage, or take such other measures as it may deem expedient for realizing its security. It may be proper to add, in order to prevent all future misapprehension, that under the head of con tingencies specified in the above classification, no payments on account of the principal of any debentures issued by the New Zealand Company is to be included. I have the honor to be, Sir, Your most obedient humble servant, (Signed) G. W. Hope. Geo. F. Young, Esq. &c. &c. &c.

Names. Uies. U 155 S 1 1. Tawhero 2. Matai S. Koakoa 4. Totara s.Kata 6. Puriri 7.Akeake 8. Manuka 9. Mangiao ID. Kauri 11. Tanekaha ... All purposes to which mahogany is applied Cabinet work and musical instruments Furniture and fan-y work, for -which cedar is used ... All works exposed to water, or under the ground, and for pannel work of houses All purposes -to which oak -and beech axe applied Piles under water or ground ; also ground plates, sleepers, posts, &c. where durability is required : same qualities as English oak .. Very hard and heavy, fit for cabinet work Turning, carving, &c Agricultural implements ■ oars, and all the uses of ash Scantling, plank, ship spars, &c Spars of small vessels : outside work Uses similar to Tanekaha Chair-making and carpenters' tools Axe-handles, wheelspokes, small cabinet work Timbers of ships, and all work in which curved timber is required Cabinetwork, in which satin wood is used All building purposes Two varieties; white and dark: wi.ite good for cogs, sheaves, Sec: the dark for cabinet work Cabinet work, instead of rose wood All uses to which cedar is applied Chair and cabinet making Inside building work; packing cases 100 89 90 93 73 81 49 89 61 .103 100 119 'B9 96 67 72 100 160 102 99 61 60 57 38 98 103 134 12. Miro 13. Mapau 92 •14. Rewarewa ... ./8 103 54 60 85 15. Pohutukawa 16. Wharangipiro 126 109 94 17. Rimu 18. AUire 81 95 90 19. Kowhai 20. Kohekohe ... 21. Rohutu 22. Kahikatea ... 54 68 85 N B.— Puriri, b strength and toi comparison. leing equal to the English o; ughness, has been .made tl tk i: le si stiff indai ness' :d of

[Extracted from the New Zealand Church Almanack, 1846.]