STAR TELEGRAMS

Thames Star, Volume IIII, Issue 1751, 13 August 1874, Page 2

STAR TELEGRAMS

PER ANGLGrAUSTRAUAN PRESS TELEGRAPH

AGENCY.

Wellington, This day. I Upon the committsl of the Immigration and Public Works Bill, a great deal of discussion took place on the sixth clause, as to the amount of short-dated debentures to'be issued out of the four millions. Messrs. Fitzherbert, T. B. Gillies and Reeves insisted that on a previous evening the Premier had given a pledge that he would accept the wish of the House not to ajfe, for authority to issue more than one million under short-dated debentures. Mr. Johnston also opposed, and all insinuated that the clause placed too much discretionary power in the hands of the treasurer, and that the stock exchange would become alarmed. They had already shown; symptoms. • ■>.?.* ; The Premier denied any cause for alarm". The Bill was the same as that of last year. In all probability they would riot require to raise money on "short-dated debentures, but it was better for the colony to entrust them with discretionary power. ■, In replying :to Mr. liolleston, the Premier said that Mr. Julian had been paid a small commission of a thousand pounds for ne*ociating the; £120,000; Messrs. Featherstoh arid/ Sergeant got nothing for their services in that direction. Messrs. Cuthbertson and Reader Wood defended the course adopted by the Premier, who had no objection to bow to the ■wishes of the House, rjbut declined ,to allow the Government to be dictated to by a few members who had passed into opposition. Mr. Cracroft Wilson defended the honor of the House, and said he failed to recollect that the Premier had given any pledge. L The clause passed, and the Bill was soon after reported without amendment. '• The House adjourned at 1.40 a.m.; Auckland, This day. In the Bankruptcy Court to-day, when the case of George" Thome was callejcfc there was no appearance of the bankrupt.; Mr. MacCormaclc and tho': Jifdge s^ofafel strongly, of the contempt,^shownby/' bankrupt to the Court ana. creditors throughout. Mr. Whita&|f said that Thorne was endeavoring to arrange ivith the bank in Sydney. 'He had written stating that he was unavoidably detained. Shareinarket.—Sales: Alburnia, 355.; Crown Prince, 30s. 6d.; Vanguard, 3s. 4d.; Bird in Hand, 30s. Buyers : Cure, 11s.; Euby, 2s. 6d.; Whau, 475. Arrived: Ladybird. FROM CORRESPONDENTS. Cobomandel, This day. The Van has intersected another reef in the main workings. The Tokatea will make a good fortnight's lodgment to-morrow. The Golconda, adjoining the New Pacific, is about being reworked. At the half-yearly meeting of the New Pacific Company all Auckland men were eiected directors. ■ ' The News has a humorous account of the City of York meeting, referring to Horton, of barmaid killing notoriety. The editor decorates him with the " Star and Garter."