The Wairarapa Daily. MONDAY, JANUARY 9, 1882.

Wairarapa Daily Times, Volume 3, Issue 959, 9 January 1882, Page 2

The Wairarapa Daily. MONDAY, JANUARY 9, 1882.

All of us are financiers, more or less, some of us considerably more and others very much less. Occasionally we find men who are both more and less, They caii grasp up the public accounts of the colony and count up millions, but they fail in preserv'ing.an equilibrium in the few pounds which constitute their own outgoings and incomings, .They can manipulate a mountain of money but a handful of small change slips through their fingers For most persons who are wont to worry over petty accounts it is a healthy change to occasionally rise to a higher level and glance at the arterial channels through which the wealth of a country is ever flowing. It is true that the number of shillings which are dropped into a collection bag, or are contributed lo a public entertainment, are an index of the prosperity of the community—a straw to show which way the wind blows—but a better measure of- the monetary position of any country is obtained by guaging the main streams through which its commerce flows rather than its tiny revulets. In the Australian Banking record for the month of September there is an interesting article on a somewhat dry subject, viz., that of banking averages; not merely of the averages of one colony like that of New Zealand, but of.the seven colonies in this quarter of the globe which form the Australasian heptarchy. Financially. New., Zealand'., is linked-with six other colonies, Cheap money in Melbourne means cheap money in Wellington, and dear money in Sydney means dear money in Dunedin.. All seven of these great off-shoots of the British Empire in money matters are apt to sink or swim togetheiv-4'he-banking averages to which we refer indicate that at the present time we are swimming. An increase of the note circulation of the heptarchy means increasing activity in trade, There is also a very large increase in deposits, in which New Zealand shews up well, its'growth in twelve months amounting to This proves that wealth is accumulating in the colony. The increase of Bank advances has' not. kept pace with the increase of deposits; so that the. Banks have not been able to employ the whole of their resources in the ■ colanjesyand have, as a matter of fact,, held, or invested large sums in -London. : ; Li New, Zealand, however, 'the Bank advances have approximated the' deposits' more closely, than- in ■several of the other, colonies.;..'' The ■total assets..of all the banks amount to ;eighty*one and a half 'and

'their liabilities to sixty-six millions. The moral of the banking averages is that though there is an increasing demand for advances borrowers are not likely to be called upon to pay higher rates. The wool clip of the heptarchy this season is supposed to be worth eighteen and a half millions of money, and this is considered to bo in itself a substantial guarantee against dear: money. '•

Messrs F. H. Wood & Co., sell at Greytown on Tuesday, the 17ih inst., the privileges of the Friendly Societies Sports.

The Carlenon Rifle Volunteers hold an inspection pnrade this evening, The Grey town 'Borough Council meet this eveniii'.',

The House Commitleo of the Wairarapa Hospital meet to-monw afternoon at the Secretary's Office, Greytown. The Grnylmvn Volunteers meet for drilling and dancing to-morrow ovening, The Wellington City Rifles have challenged the Masterton Corps to fire a friendly match at Masterton on the 23rd inst. The challenge will be accepted, 'and we hope our irien_ will send their strongest team to sustain the military honor of Masterton.

The Berviceß in St. Matthew's Church,' Masterton, were conducted- yesterday by the. H.ev Mr Harvey, of Wanganui, and in the Presbyterian • Ohuroh by the Eev Mr' Stewart,' of the Lower Valley.

Messrs Lowes and lorns advertise a saw mill plant for sale eheap. • •A,mooting iB convened at the Council Chambers.this evening to form a'Local Industries Association, At present local industries are a sort of third leg to the Masterton Horticultural Society, and it is an open question whether the latter can spare it, and if so, whether the time has arrivbd when it can set up an independent existence for itself with a fair ohance of success. If it be at' all practicable to found a Local Indnßtrial Society, which will have a fair prospect of living and growing, we will do all in our power to promote its establishment.

A man named Joseph Higginson was bronght up before Mr W, Booth, J.P., on Saturday morning, under the Vagrancy Act, and was sentenced to 7 days' hard labor. }

At a meeting of the Diocesan Synod Committee at Wellington on Thursday last the General Church Fund was reported to be in a bad way. The Bishop, accompanied by a clergyman, is to make 'a pastoral tour next month to stir up churchnier. The fact is the scheme is a failure, and should be abandoned,

We have received the first number.of the Wairarapa Weekly Observer, published by Messrs Beckett & Co., of Car-

terton. We wish our now contemporary every success.

The 'Temperance Hall, Groytown, was crowded to excess on Friday evening, when the doctrine of" Mormonism" was preached hy two Ejders of that religion.. The most notable features of the meeting was the larsjo number of married men th it were presoh.t, and the great curiositythey evinced to gain''inForniotion respecting the religion, especially that part rolatinw to [jolycamy, which ilie elders were ; vory loih to impart, as-it. was only, to thoii i iated that definite informationcould he given on this subject. . The larrikin element were-also- aironyly represented, and after each hymn sung by the elders, the applause was deafening a very unusual thing, s" i hey (the elders) said. The preachinu'was very pour, hut when it is said-that they were merely religious enthusiast.™, and not ednctved men, this will not be wondered .at. Their singing evidently did not please the congregation for later in the evening when thoy nave out a-hymn, the "Swett-By-and-By" was started and sung by the Balvatinn army; the singing talent of Greytnwn evidently took them hy surpriso, for they did not attempt to sing hy themselves nftei-r Mesgrs Rush, Gray, Wickerson, and several others present, questioned them on the different brnnchos of their religion, and the'manner, in which they managed to evade iii giving answers where it did hot suit them, would he a eredit to a parliamentary candidate seeking the suffrages of a constituency. The meeting adjourned with a vote of thanks to the preachers, and the vhnle company singing " For they are jolly 'good ' Fallows." After most of the larrikins had retired, one of the elderr treated those remaining to Borne selections on the harmonium, which were perfnrmeed in a manner rarely heard in Greytown—he being a •very.acoompliahed musioian.

The centenary of the introduction of Unitariamsm into Scotland was celebrated at Montrose, on Oct, 18. A Methodist Historical Magazine is' to be published in Boston, to cover all the topics and classes of topics appropriately included under that title.' The incumbent of one of the established

ohurches in Gloucester, England, recently admitted about 100 members of the Salvation Army to the' celebration of the communion in his church. The Globe says that one of the foremost students in the Shiloh Baptist Theological Seminary has been' expelled for writing an essay on the" Efficacy of baptism in an Oilcloth Suit." The fisheries on the east coast of England are a source of great wealth. During one week in September nearly 300 boats landed their cargoes atScarhnrough. The catch was so enormous and the qna'ity so ?ond that the price of herrings fell from 8s 7d to 5s 8d per hundred. At Whitby nearly 200 herring boats arrived in one dny, with catches from 10,000 to 60,000 The fishermen lost several nets from over; weioht of fish. It was estimated that 680,000 pounds of herring werslandod in one day at Whitby, and the catch of all other kind of fish was proportionally 'awe, ... .•:. '•

Two Spanish c'ruisefsnow- in courseof in England—the Gravina and; the Velaßcn—are to he provided' with large electric lights, which will be employed to detect the apprnaoh of tornedo boats of an enemy, etc. .A large Gramham macihne, driven hv a rotary engine of.the Hudson type, will.supply the electricity to lamps, which haveymproved .reflectors, and whioh are estimated to give a Itaht of 20.000 candle power. It is proposed, hut not.determined, to illuminate the-batons with some inoandescent system.of lamps,

The public are reminded that Rapp and Hare, of the Emporium, are the sole agents for the nntpd Featherston Cheese. Clothing. Boots, Groceries, and Oilman's Stores are. ten per cent, cheaper than any other house.in town.— [Advt.l

Carterton v Masterton.-As a proof of who* are the cheapest storekeepers in the Wairarapa we wish to draw our readers' special attention to B. A. Gardener & Son's advertisoment on our front page, This firm is determined to keep up their reputation. From the time of their commencing business in Carterton they have repeatedly proved that they can withstand competition, no matter how strong. It is therefore ridiculous' for another storekeeper from a neighboring township to. post price lists to their customers and pretend to bbH. at wholesale prices, when for the smallest quantities 8.A. Gardener & Son supply goods .in almost, every instance 10 >to<ls,per cent cheaper,; and in large quantities shU furtherance's, ■»ioMnMmade.^Aw. : >v!- : ; V ; ;: '';

Mr Geo, Pannin lma a vnoancy foe an srticled pupil, Sei'gt. M'Ardle has been grunted n fortnight's leave of absenoe, and has gone on a trip for his holiday, ' \

•The Match Committee of the Masterton Bifle Corps are requested to meet at Mr J. Williams' at 7.30 on Tuesday evening, to arrange for firing a match against the City Rifles on the 23rd inst.

Messrs Oadenhead & Donald's tender for building a new lodge-room for the St. John's Lodge, Featherston, has Keen accepted. The building is to be completed by the 25th March for A site has been purchased in Wakefield-st.

We remind our Featherston readers of the school picnic on Tuesday on the Town Belt. Should the weather be unfavorable on that day, the picnic will he' postponed till next day, In the event of that day being wet, Mr Oakley has kindly placed' his large plied at the railway station at the disposal of the Committee, so that the provisions may not waste. Thore jb expected to be a general gathering of Featherston people—young and old. We

believe prizes have been provided for children's sports, and should the weather be fine a good day's pleasure is in store. We are pleased to hear that Mr R, A. Wakelin, of Greytown, is about to reerect the Sash and Door Factory there, and is blbo going to have new and more powerful machinery to carry on the work with. We wish him every success in his venture and trust .he may soon retrieve hi» losses, A Farihaka hero' named Gaorge Mohb is in trouble, While at the'front a judgment summons was granted'against hinv aud he is now lodged in in the Wellington gaol, His wife and three children are destitute and in their distress have appealed at the Masterton police office for assistance, , We. hope that the volunteers will take up this case! The Cricket' match Greytown v Master, ton did not oome off on Saturday, on acoount of the latter club backing out at the last moment, The Greytown men had worked hard on their ground in preparing a pitch, mowing a portion of the paddock, erecting a tent, in fact had done everything to receive their visitors, when, as they were on their to the ground, received a telegram to say that a team could not be got together in Masterton, This caused a deal of annoyance to them, for it Wbb thought that the least that could be done was to give them a little more notice, so that those who had work to do could go to it instead of losing the time they did. However, a scratch was arranged between sides picked by Messrs Cuff and Donaldson, and aftor a well-contested match, the former won, For the winners, Cuff 34, Udyls, were the highest scores, and Ronaldson 48 for the losers,

Another electric railroad is soon to be completed and opened at Berlin. Cholera is decimating the troops in the Barbadoes, .

This year is the centennial of eight battles of the American revolution, the most important of which was that of Yorltfown, which was recently celebrated, Herr Most, the editor of the London Freiheit, is learning the tailoring business in prison. He is permitted to read nothing but religious tracts, and for writing has only a slate aud pencil. The Flying Squadron, with the Boyal Princes on boarJ, reached Yokohama, Japan, on Oct. 21.' The Princes landed' on Oct, 24. aud proceeded to Tokio as guests of the Japanese GovernmentThe .Cumberland Presbyterians have lately held several protracted meetings in their Indian missions, and have been rewarded with many conversions. _ A Submarine cable to connect Thurso, in Scotland with Eeikiavik, in Iceland, is to be made in Copenhagen. Its cost will be about £260,000, exclusive of the expenditure in laying it. The Free Baptists of New Brunswick have added 344 communioants and received SSOOO for ohurch purposes during the past year. The increase in communicants during the last ten years have been 8500.

. The English Church Times states as a sign of the progress of ritualistic principles in England-that a certain parish,wliich it does, not name, has some thirteen altars of which at a festival seven had vestments and lights, Mr M'Kay, of the Canada Presbyterian' Mission' wants to build a ohuren at BangKah, the most important city of Northern Eormosa which has 60,000 inhabitants, and is the seat of Government examinations that attraot 3000 students every year.

For several years past the Great Western Railway Company has been boring a tunnel under the Severn with a view" lo

oonlieot their lines on the Gloucestershire and Monmouthshire sides of that river, The points at whioh the subterranean work was begun were two miles apart, and as is customary in such work, boring was oarried on from both ends. The two parties met hilf-way under the river, and the blow of a pickaxe opened one tunnel into the other. So exact had been the line taken that the centre of the two tunnels correspond within three inches. '■

Turkey and Liberia have now patent laws much the same as those of Franoe or Germany. In Turkey any one who first deposits drawings and speoificatiods of an invention, and pays'ar, annual tax of £$ 10s will obtain a patent covering a period of fifteen years, provided he works his Patent within two years of its date. In Liberia no' one can be a patentee who is not the inventor or a legal assignee, and a patent is issued when the drawings and specifications are filed and a fee of &0 is' paid to the Government. Ih Lioeria if the invention is not utalised within three years the patent becomes void.