WAYS AND MEANS.

Poverty Bay Standard, Volume XI, Issue 1360, 25 September 1883, Page 2

WAYS AND MEANS.

OR THE SLAUGHTER OF THE £lBO,OOO. (Wellington Correspondent.) Figures to the right of him 1 Figures to the left of him ! Balance shee s in front of him | Bulky ledgers surrounding him ! Onward he sped, through column, after column! 4 Yet ne’er he tarried, though there were heaps of ’em; Still onward I he hurried, this valiant Colonial Treasurer ! Fiery ! impetuous, and vindictive as ever I Slaughtering in innocence ! close nigh on a million ; Whilst holding out life assurance, like a true hyperbaton. As a panacea for all the ills the indigent are suffering I Yet craftily ! and warily I he manipulate, the balance, Transplants it to a bank blooming in finance. Here in cool shade ! it slothfully slumbered, Without security ! or by whatsoever encumbered ; Until one day, the Controller-General awoke them, By a query so searching, as to provoke ’em To wiath, these conspirators so bold, Who have already acquired so much wealth untold, In tha; “serriving” institution named New Zealand. There in a “sweating room” they rest secure from compunction, Contriving, scheming, and glowing, without emotional unction !!. t

Cannot your councillors obtain some of ' the Banks “mana” and prevail upon the Hon. Colonial Treasurer to deposit this “sinking fund,” in your breakwater, and your imperatively needed Harbour works ? After completion of those valuable and national undertakings, you could give as security those profitable works, as well as security to the universal shipping. When that is encompassed and brought about your highly valuable district would soon “ go-a-head,” and thrive ; so much so, as to enable you to pay not only the interest above, but also to considerably reduce the loan, through these powerfully augmented facilities to shipping and commerce. You would not be at a stand-still as New Plymouth has been for years, notwithstanding all the impetus it has received. On the other hand whilst this £lBO,OOO is placed in the coffers of the bunk ; a commercial crisis or panic might possibly close the doors of the Bank of New Zealand ; thus dissipating and jeopardizing the “trust monies.” This is no visionary much more unlikely things JV have happened before now ; the Glasgow f Bunk failure to wit I and other mighty / . failures of “ Bubble and sqeak-assurance, which are being continually foisted on the colony, evolving nothing but a lot of “blatherskite,” a word so expressive and appropriate, if it be not elegant. Seriously ! Poverty Bay has also a most righteous and just “ claim to favorable consideration ” at the hands of Ministers ; especially when it has been retarded by “ Hau-hau-ism,” which sprang from the favored district in which the Hon. Major “ and connections ” have their homes, and which also reairns him to Parliament ; and the more especially us so little encouragement and assistance have been meted out to you, by successive Governments; and so little heed taken of your undeniable claims and representations, thereby rendering your strenuous efforts to develope the natural re- * sources of Poverty Bay, (what a nuisance !) almost futile, as well as placing us in Rks Angurta Domi. x