NELSON. [From the Nelson Examiner, June 3.]

New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 302, 21 June 1848, Page 3

NELSON. [From the Nelson Examiner, June 3.]

Ship Building. — The two small vessels which have been built for the natives, by Freeman, in his yard at Auckland Point, are now ready for launching. The keel of another vessel of about twenty tons has been laid down, and that of one a little larger is getting ready. These also are for natives, who are evincing an increasing desire to become possessed of a respectable class of coasting vessels. The barque Kingston, with 204 head of cattle, arrived from Sydney on Thursday, after a run of twelve days, having lost only two beasts on the voyage. The Kingston was bound to Auckland, but encountering strong northerly weather, and anticipating a protracted passage,- she made for this port. She has therefore no mail for the southern settlements, but we have been favoured with the sight of a few Sydney papers, which extend to the 20th May. English news had been received to the 18th January, of which vre have given extracts. The Wigrams was advertised to sail for Nelson about the 27th May. The Brightman had not arrived in Sydney. We some time since discussed the Registration Ordinance of this colony, and proposed the substitution of a system of conveyancing by a Registration, based on the transfer system of Bank stock. We perceive by an article in the Dailj News, on the subject of the Law Reform Society in England, that that body has entertained the same idea. The Daily News says of it, " This has long been in use on the continent of Europe, and in America, and there is nothing to prevent its adoption here, but the lingering feudalism of our landowners." Is it net disgraceful, then, that the old method should be continued in a colony where no feudalism vestiges exist — that the owners of land should continue to be robbed by a machinery, which in England lessens the value of property at least 25 per cent. ?