PARLIAMENT.

Taranaki Daily News, Volume XXXXV, Issue 228, 23 October 1903, Page 2

PARLIAMENT.

PER PEESS ASSOCIATION, ! LEGISLATIVE COUNCIL. Thursday, Octobsr 22. The Council met at 2.30 p.m. In Committee on the Municipal Corporation.* Bill a new clause was inserted V) prn'o, Councils leasing recreation ( .'wsi ri'- Bon a building loaso. Another aew clamu inserted giving oonncia pciwer to raako eye'o tracks on any u i pot. and to make regulations for control thereof. Thu Bill wa.i reported. The Animal* Protection Act was :im?ud»d in Committee to enable a b >na fide cccupi ir of lund of his own, : r any person appointed by the owner, t.D kill girne on the owner's land with* out a penalty. Tlm B 11 was reported. The Bind Drift Bill was reported uinmendfld. In C iwmittee on the Sea Fisheries Bill a p.-ovitto was inserted in clause 6, fixing the op»n Beason for rook oyster'', to thd effect that the Governor may close the eoaeon for any term for not exceeding three years. The Bill was reported. The Council rose at 5 p.m.

ROUSE OF RE PEES EN T ATI VES. Thdbsoay, Ootobkh 22. The House met at 2.30 p.m. The Oimoru Harbour Baud Loan Bill was r* ad a first time. The Timber Expirt Act Amendment Bill to inorease the export doty on timber logs from 3s to 5* per 100 ft, was introduced by Governor's message, Mr Ssddon said he was advised that the extra 2s duty would prevent kauri logs being exported from the colony. The stwmillera hid asked for the BilL Tbo first reading was agreed to on the voices. In Committee on the Midland Railway Petitions Settlement Act Amendment Bill, Sir W. Russell pointed out. that although it was nominally a low per cent loan there was power to pay a much higher rate. , Mr Seddon said he did not intend to give more than four per cent. After considerable discussion the Bill passed through committee without amend me at. In Committee on the Publio Lous Renewal Bill Mr Massoy urged % sohedule should be inserted in th»Bil>„ setting out the Acts to whioh k shall applyThe House rose at 5.301

Evesinq Srrrraa. The House resumed at 7,30,, LOANS HffinSWALt Ta Committee on the Public '-"Tit Renewal Bill Mr Seddon said the Bill applied to loans issued, not to tho«« to be issued. Mr Maasey: Loans raised for ad' B vances to settlers ? Mr Seddon : No; but lam not an . sure that I should not bring down a j. Bill to extend the present rate of interest to the others in certain events. Mr Maesey believed the Bill would j apply now to loans for advances to settlers. He moved to insert in rlwuse | 2 the words "in every caw" m«n- . tioned in the schedule hereto. , Mr Seddon said he was advised by I the law officers that the Bill only referred to loans previously issued, and for which authorities had been given, Mr Masse/s amendment was ife jested by 45 to 22, and the Bill passed through Committee unaltered. TRKIBUBT BILLS. ' , In Committee on the Treasury I 'Extension Bill Mr Seddon considered the periodical date of expiry was a i mistake, and that so long as they bad i a limit to the amount to be issued i from time to time that was all that was necessary. This Bill did not propose to give power to issue more than the X 1,475,000 authorised by the Aek of 1893. ' Mr Duthie contended that the amount available for general purposes was increased by £476,000 by reason of the extension, _ Clause 2, was amended by the addition of the words " iiaviu? a currency rot exceeding 12 months from the date of issue or renewal." PUBLIC WORKS. In Committee, on the Aid to Public Works and Land Settlement Bill, Mr Massey said that aa the iaterest was higher the term should be shorter—say. 25 years. Mr 'Seddon said he would issue 'debentures for a shorter term, probably 15 to 20 years, suiting those tram whom he borrowed, and would provide for the Government having a right to pay off the loan within a certain period. He was confident of raising the money koally at 4 per cant. The clause passed as printed. At the schedule, Sir W. Russell moved to strike out the Midland Railfrom the list of railway works to receive a share of the loan money. He considered it monstrous that the oolony should upend money on a line like that. Mr Seddon defended the allocation. After considerable discussion Sir W. Russell withdrew his amendment, and the schedule passed unaltered. Left Sitting.)