The Temuka Leader TUESDAY, APRIL 6, 1880.

Temuka Leader, Issue 250, 6 April 1880, Page 2

The Temuka Leader TUESDAY, APRIL 6, 1880.

Sevekal of the journals who aro profes- ' tdly Kiippi.rUvs of tho jr'-sont Government, are inc.incd to crow over the success that attended iho fkuting of lie .Fire Million Loan in the London n.nrkot, and h dutof it a« a fortu» a to thing, »«-.!ely to I.m accounted for by tie IMI (Jr.vcnnno: t bei':g in ofiiec. Th'-y tvon go furtiior tlum that- find sny, bat for tho fact tfiat tin rinani iid eUto of tho . oh-ny was unknown to capitalista, the nnney wo:-Id not havo b e -n got. This ia ruber sn amusing way t-f juiiiing the question of Finance. It -ilia loi'.n was only aavf d by tho English r.-.pitr.'isia being In ignoranco nf tho true stato of matter?, it speaks luiuh m fnvor of Sir George Grey'a Govcrnme! t: that it had tho pood sense not to discover thu ja,kednb3M of tho country until tho noedfui \<.ua Bucurcd. Oontrasling ibis londuct ou the part of Sir Qcorge with thai of lit«jor the"blunt ay that ha blurted out that the c-out.try was in a 1 ankrnpt itato, wo need not ask who evidenw. of boing the best diplo.muis.'. if M. j'.,r Atkiiu.oa had t-ocn in tii-e wi'.h b>s !ji:i-nidt»nt exposure and it had i cei. t s o :.:• ;m- 'f preventing the loan b'-injj float 1 - 1 ', ••■onlii ho drscrred, or vo- oivod. :hu ibai ks uf tin- uo'oriy 1 Nr-y, Vi'th&i w<ju':d he not iniv. jun.'h i.-erio.-d tlx^cAy;racier of mi 'i.o-p.d)K-. \Vo i 1 oi-ursb'dcl.y th"t :h -.re wa- ?-.-y aiuuint o c< in o.il or to iV-'-ive in this niattrr by ti v George. Diu net ti,o t>:<y iioverniiir-s-t (',->nd « : id no' the eainnnt sup-pori'-is) w;ir.i ih'-? p~ pie",'-fiver and f.'.cr

.v_h 'i, t; »„ ,i .>n«is wis ;it hand, n.J Hi d 1.-nd 8.il« wi U'.l ■■iwi<, that -nbic works «>t.ulcS have to be topped, un-.'s n fresh Ijtm! e< idd I>e WV believe wa wr-re the nrsr r : at mot ted tJi*s subject. Y'orv.snnn, howov"r, a'most evuw jourm ■ in the colony .Tdvn.-nt.od !h"i> coiii-hts, '•■> ciniiuv i'i lime c«. vinced of the truth of the .Mateuicn*" we 'hen made —that it wa-> tin only nvinis by which we eo'dd r«.vj tho "oMii'rj- in the fac; "f «• wnoiw :m----"■mding cris.s. Tiow vr tho 'hon O >j>o'd'"''t) worried ) nnr Sir («'.»f"r' , 0, atVt Ih<" jiersoc'.irii g spiiit i:iani;e-U'd tow«r-'s iU'h, '.ho 'v ; .y they h-e*led ?.gab>Kt him. liki a <>:-ck <-f baagleu, left him -no fc'-H') to attend to details, and entirely put it ni' •if ,'iis power to att.~n ( (t ids o.'H;i work. The wy tched intrigues of Ids. opponent* "ho *v»re not tit to hold a cmdie to him ; the cowardly desertion of cor. fcnifi journalist 3, he r nuse ho did not pitofork them into office; tho hungry ofil.r'huntca, who'car-id for nothing hut the limvo-i and fishes, must hnvo disgusted sneh in ac< ompHshcd ai Sir G»r>rge. Not by tair lighting, howpvor, did bin -o:!eni>'"9 vanquish him, but by the ever, memorable desertion of prnfePSfd fi ionls ~_. one of whom, Mr Hurst, has got his desserts ; the oilier" will booh got th'drs. Leaving out t!>e question of Ivliij-'r"'Atkin-son's exposure of tho financial st.;te of the <v>lcny, and allowing; *"en«dblo men to draw lht-ir own inferences from his attempts ?o p'ay at n, wo wcu'd just ssk—- " What it tho who!? had fc*on hud hr.- 0 boforo th.o ]nan was placed in the Londnri Market J' 1 What would itmatto)? Englishmen, we know, go by certain nil? 3. These mica .-ro tint »o long =3 their customers pay their bills when duo, they Iroub'e themselves not about whether this one ->r that ono is worth so much. With « Scotchman <t is different. The canny Scot takes the precaution to write to the local hanker to learn if ho stands well.and the Irishman likes to mo the yellow boys glistei.dpg in his customer's hand ; but an 'S:!<>H'-hiT'nn trusts his customer without enquiry,, eo Jong as- tho bills nre met I romptly. If ho doe." not do go, it is a caao with him, and it is haul for him to regain the confidence r,f his creditor. Now, whore could these Govornroenfc toadies point to a single instance of repudiaiion by any New Zodand Government ? When did New 'Zealand• rqfnso to pay her 'just"debts? Did she ever cared a contract with TCng_ land, or any ether country ? Why, then should English capitalists doubt our honesty 1 What reason have they to think that No-.v Zealauders "aro not men capable of managing thdr own effairs prudently 1 Do these windy journalists think that the wealthy clnsKoa in New Zealand have not too mnch at stake in tho country to do .anything; that .would bring the bailiffs upcnthem?. Surely flatteries of the Hall .Government are'very /shallow. Truly they have lost their heads in their unnatudal tfiortfj to praiso.onr C'-nservativ-' G> YcrjMuenfc. , Does any Rahq man for si inoiiicnt believj that Nev» Zealand will not l>3 -bio to pay.tho interest on tliir'y—ayr,«xty—million pounda'? Twenty years hoiic>; New Zealand vuii feel the burden a iigh.* matter. .-Shame on such cowards who write <.'<) disparagingly of our Britain of tho Sou'hi