A SUCCESSFUL UNDERTAKING. THE WELLINGTON-MANAWATU RAILWAY. Wellington, April 5.

Te Aroha News, Volume V, Issue 253, 7 April 1888, Page 5

A SUCCESSFUL UNDERTAKING. THE WELLINGTON-MANAWATU RAILWAY. Wellington, Apr il 5.

Till ailaiis ot Ihe Welling on-Manawatu Kailway Company aie a matter ot colonial inteie-t, inasmuch a* it) i.s often held up by lcui-latois in the llou-c as ,i n.odel o economic adnnnisti.ilion I(ji the (!o\emment Dopaihnent to copy. The ("nan man oi UuecLoi^. i^pt .ikin<4 at. the Coinpau\ -> annual nxetinjj,, -aid that thu |)ci< intake ot woiUinj^ i'\|ien-f> t<j 'j'n-.-. te eeipt- was oti «°> jit i ci'ii l., and tint ompare- ia\otnably w ith the expenses of tlic Mastorton and NN 1 * an^anui ol the ( Jo\ eminent, i .ulu aj -, v. Inch ai c i c^x'cttull) Iks 47 anil 85)56 pel cent., ulule the a\eta'4e uoi Uin;j c\j)Cti-<.*-< oi (Jo\iinmcnL Imci tlnoujjiou'i the colony aie 04 67 pn 1 cent The piolit uoni l.iilwa) - that t.-. the diiieience between the <jh).-v> eainini;^ and expeiKlituie — "ino 428 pet cent tou.iuN pjnmentol mteiest on dtbentim>, while the intuK'4 on laiul, -old on deteiud pay-nu-nl. mcie.iM'd the pciecntaiie to 4 "47. The C otnpan} ha° still an nn-ati-lied claim a^.un>i. the (io\unvnent ot L'^9,Sos, m te-[RCt ot land allot ation. The let inn- foi Deeembei. Jannaiy and Februai\ .'-how an tiuiui-ed icu'tiit 1 ot C 219 pti* weeka-. eonipaicd with th' 1 coi-i«-nondin^ petiod l<i-l yeai The Chan man c\i>ie— cd tin opinion that it the colony went toiuaid at a inodeiatth ia-t [vi t', the -haicholder.- would midii bee;in touap the jjioht- ot an undeii.dvin^ \vhi< h had < onfi in d -l^nol btnelit on the di-tn<tau<i ttic tountiN. Am«>n<j; tin lacihtu 1 - \shuh tin ( ompan> lsolleiinu to ihe publn , It will be ot lnleie-t to Noithemei- lo le.nn that ;ii lanijvmenl- h,i\* been made with the l!o\ ci iitnenl l\> whu h thi ou^h i>a--( n<4Li^ to -tat ion- on the New I'l\ mouth and \\ aliuanui line aie no lonm't u(|iiiied to change (.UMii^es at Lon'j;buin .Junction, and that hemitoitha induction on the -beep iate tioni W.ui'^anui and noi thwatii. to the c\t( nt ot 3d pel lie.nl, has been anan^ed tot, ui.ile. homed cattle are earned tioin \\ aii'j.iuui and -tation- noithwatd at a i eduction ol 2s 7d ])ci head.