NEW ZEALAND.
London May 10. There was a very large attendance at the meeting of the Colonial Institute when Mr Perceval addressed it. Mr Brodie Hoare in the course of his remarks said that the foolish financial legislation of New Zealand was calculated to seriously interfere with the influx ofccapital, and that the Government ought to co-operate with and not hamper industrial enterprise. Sir Julius Vogel admitted that the attacks made by Mr Wilson, of the Standard, in the Investors' Review were terribly strong as against the colonies, yet that stock had advanced ever since. Mr H. M. Paul deprecated the attacks that were being made on absentee owners. Mr Bibbs, a Sydney banker, endorsed the views of Mr Brodie Hoare. Sir William Jervois, who was chairman, condemned the unwise, policy New Zealand was adoptiong towards capital, and Haid the labour party had scarcely grassed the enormous issues they were trying to decide and would find that they were being led by the nose by demagogues. May 12. Mr Brodie Hoare, during the discussion on Mr Perceval's address to the Colonial Institute, said that he believed New Zealand would outstrip Australia, provided the " faddists " wero not allowed to govern it. Sir Julius Vogel spoke in Tstearws of high'approval of the paring down <oi waste, and predicted a steady flow of >6udgM«J;s. New Zealand was the brightest spat w the South Seas. Mr Busby attacked the policy of the Government ttowards New Plymouth Harbor board taOMder*. -Sk William Jervois, the
chiiirniau, said that" the labor members were new to their work and would soon manage their policy. Mr Perceval, in reply, defended the action of the Government in the matter of the New Plymouth bonds, and challenged an appeal to the law courts.
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Temuka Leader, Issue 2356, 14 May 1892, Page 4
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292NEW ZEALAND. Temuka Leader, Issue 2356, 14 May 1892, Page 4
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