The Wairarapa Daily. SATURDAY, FEBRUARY 24, 1883. DEBT.

Wairarapa Daily Times, Volume 5, Issue 1312, 24 February 1883, Page 2

The Wairarapa Daily. SATURDAY, FEBRUARY 24, 1883. DEBT.

A contributor to the last number of the Yictorian .Review endeavors to show that debt is a friend rather than an enemy. His theory is that man is not a saving animal, except under compulsion, and the creation of a debt puts on that amount of pressure without which a lord of creation will not be thrifty, Debt lie holds to be the simplest, quickest, and in many cases the only practicable method to acquire wealth. As illustrations of this, he cites cases of men of business thriving on a judicious bank overdraft; or, of a man with a fixed income taking up shares in a Building Society. In such instances the liabilities incurred ultimately turn out profitable; but, as he points out very judiciously, there is " debt and debt," The liability incurred for the sake of evanescent pleasures, or that which, is contracted for reokless speculation, becomes a millstone round the neck of the borrowers; but the debt which is incurred as a reproductive outlay is on aflptjher footing. It yields a return to Ijoththe borrower; and the lender. man who periodically reduces suoli a liability, and who! makes eacvificep and praotises economies to wipe it off, InQwjTthat the deprivation' of jnconie means jn,crease of capital, On this principle ths writejr advocates people going into debt, but debt of the right sort, yiz.—that which when discharged leases the borrower wealthier than before, This advice is tolerably good for men somewhat advanced in life, but m fear that the practice of it by the young andun-: experienced would not be attended with: happy results, No doubt men who have had sufficient experience of life to understand, the "how/when and where" of debt, may make a profitable use of it, but the ojd fashiopd plan of saying up a small capital is a very good preliminary experience. Going into debt may be an advantage, but many people can not guage the amount of debt that they can profitably undertake, If as is often.tbe «e the sail js bigger than the boat the risk is one thafcisnot worth taking. In this colony we require no encouragement to get into debt,. Pew borrowers get wealthy, anil charges for..interest.drag down hundreds of industrious settlers every year. Debt may be indeed made reproductive, but unlesß a man knows how to borrow, when to borrow, and where to borrow his chance of prospering oh it is a very poor one.,

Tenders for Mr, Walter 'Perry's new shop and dwelling at Kuripuni dose today. ■•"-'■:;:' ' r /\' V: -■'■'-'[. :y '■■:■■

A purchaser H.lverlises {or 150 good Eonjney Marsh pw.m not over Biz tooth; ajie and price 10 be sent to the Daily. office.

We understand that Messrs Reese & Dawson, Parker & 00,, T. P. Girdwood, and other local contractors are likely to put in tenders for the railway to the Camp. A special meeting of (ho Masterton Town Lands Trusta.is advertised for Thursday evening next, to hear objections to the voters' list. As there are no objections the meeting will be of a formal nature. . • '■

Both the Forester's Court and the Oddfellows' Lodge Greytown. have resolved that on the morning of the Amalgamated Sports on St, Patick'a Day, they, will form a procession and ask the other Courts and Lodges in the Valley to attendi '■'■'.'-■■"

A number of interesting extraota will be found on our fourth page, inoluding "Bnvages by Wild Beasts in India," " The English' Vernacular." "The. Hohenzollerns," "Mesmerism oh the Stage," "A Sad Story," and " A Forest Sceno Beside the Amazon," .

We have much pleasuie in calling attention to Nelson, Moale & Co,'a advertisement. This firm have become a household word throughout the Colony for the excellent and superior quality of their blended teas. They have been awarded both gold and silver medals' against all competitors from Australia and New Zealand at the N.Z. International Exhibition, and we notice that Messrs. Bapp & Hare of the Emporium have boen appointed their sole agents, at Masterton, A narrow escape from a serious accident occurred to the train from'Wellingtonlast i evening. About lf.mile on the Welling- [ tun side of the summit, as the train was passing through asleep rock cutting a iriasß I'f stono weighing between four and five ions became detached and rolled down,' striking the fore part ot the engine. The train was pulled up in a very short distance, the engine and brakevan going over some of the debris, luokily without throwing either of them off the line or doing any damage. After a delay of half an hour a Btnrt was make, and Masterton was reached at the usual time. Had the mass struck the passenger car instead of the engine the result might have been very disastrous, We at last have got a change of weather, from heat to coolness, from dryness to dampness, beneficial alike to man, beast, and green crops, What effect will it have on the price of milk ] We shall see! Tuesday was the hottest day we have had this summer. The exposed thermometer at .1 o'clock p.m. stood at 126 fab, too warm for a white man to feel comfortable, and therefore the change to 60 fall in the shade is very pleasant; Bain fell on five days, and the total amount of rainfall for the week is 2,680 inches, Mean barometer reading for the week is 29.595 inches; and for the thermometer in the shade it is 66.5 fall. The wind has been breezy at times and from a south-went direotion,

The usual .fortnightly meeting of the Greytown Fire Brigade was held ou Thursday evening, last. Captain Baillie, Sub-lieutenant Cameron,and about twelve members of the Brigade were present. The engine was cleaned and oiled, hose re-rolled and put into proper order, after, which a meeting was held, and two hnnonary, members were elected. It was. reported thjjt the following gentlemen had paid their honorary members' subscriptions i-wMessM A, Young, j3. flaigh, D P. Lnasby, B. Gallagher, M. Caselberg, J, Heageriy, B. J, Thompson, H.'i Haiue.,and J. Quiu. The declaration of weight for the Tinui Eace Handicaps is postponed till 8.30 p.m. on Tuesday 27th inst. It is notified in ar/Other column that the Wairarnpa races' stand poajpqned from today to Monday next, The county elections afe creating a little stir in this town to-day. We expect that the result of the poll in the Masterton Biding will be the return of Messrs McGregor and Chamberlain, in ■•■ the Wainuioru Biding Messrs W, H, Beetham and Meredith, and in the Alfredtou Biding Messrs G. Beetham and McCai'dle.

The mavriaoe of Mr R. S, Waterhouse, of this oity, to Mi'bs Edith Emily Jackson, eldest daughter of Mr Henry Jackson, of Lower Hutt, was solinnised on Thursday at St. James Church, Hutt. The ceremony was performed by the Bev. IV Fanoourt, The bride wore a handsome dresß of ivory satin trimmed with Brussels lace, orange blossoms, and jasmine. The bridesmaids were Misses Hilda and Adele Jackson, Ada Johnston, Alice Fiizherbert, Eugene Beta, sud Maud Bodman, Two wore dresses of pale pink saline; two of pie blue nun's veiling and two cream nun's veiling, all with bonnets to match. The bridesmaid's dresses were the gift of Lady Fitzgerald, Mr Bruoe Wallace officiated as" best man," and the groomsmen were Messrs E. and W. Jaekson, brothers of tho bride. There was a number of spectators in the church, and the rich and pretty dresses of tho guests and bridal party gave a handsome appearance to the ceremony. Amongst those present were Mr and Mrs Braithwaite, the Hon. P. A. and Mrs Buckley, Lady' Fiizherbert, Mr and Mrs H. Fiizherbert, Mr and Mrs W. Fiizherbert, the Han. O.J. and Mrs Pharazyn, Mrs and' Miss Riddiford, and the Bev, J. B. and Mrs .Waterhouse. After the wedding breakfast, which took place at the residence of the bride's father ihe newly married pair lefc for a honeymoon trip to the Wairarapa.—N. Z, Times'

Messrs Charles Powuall and Co,, aoriveners,' Wellington, report; The supply of money in minimum sumi offering for mortgage investment during the last month has been exceedingly contracted, uotwithatondint; a limited demand few transactions therefore have been concluded. Large amounts upon landed estates me more readily negotiated at lowest current rates ; which continue to rule from 7to per pent. There is no! modiiioaijipn in' the banking pressureJ and with little prospect of' floating the four million Victorian loan, this pressure is likely to continue for a further interval. On the other hand, the Sank of England rates are again reduced to 3J-, and the mercantile to 3 per cent., cansequently with the plethora of cheap money now available in the Home market we may naturally look to our present, quotations commanding a considerable influx of capital in this country for investment, • The Sydney Art Gallery has been open fifteen Sundays, three hours each Sunday, in all forty-five hours. The number of visitors during that time was making an average of 1016 per hour., All were orderly and well conducted, arid no complaints of any kind reached the trustees, •.. > ■■■■■'■ The excitement outside of the Argus Office towards the close of the last cricket match, England v. Australian, is said to have reminded; many of the state of exoittnent when crouds outside of the some office awaiting the latesh news respecting a'somevyhat different contest for supremacy between' Franco and Germany thirteen ydirs ago. •■'.;. In China female babies are sold by the basketful in lots ~to suit.purchasers,; A Sydney paper says in that; place! they are left "promiscuous'like" on,the different

:> Architects that : skilled labour/and : inadequate; supply of: ' bricku and otbeivmatenalks'caused many, Jargeworla'ihJ^ it is been a year m wbj|li diellin^ bouses have beenfe'reoted'asiiri 1882, ■ :--■ : ■•.-•v*W . nWj h-,i -. -■■\-.---] ■■ ■ .'' Al showing ft|th whM:H; is/possible to 'handle; grain under the; American system, a paperreoeived by the. last mail Btates that on elevator in Duluth 62,000,bushekof wheat were put into a vessel within twoliotirß, thevesselhaving to be moved twice during' that time, Tbirty;twp::!houßand;bushelß - were'put down one hatoh in 25 minutes. This iis, however,; toentiehed as an exceptional rate'..\:'// ; - X-' : ■'■'■'. , ' r '.'-' '■■■■'■'-■■' When. Australia, was at Sydney two tide surveyors, while searching her, found a number of salmon-cases stowed away'on board the vessel. On opening the 3 m*fHey found that they contained about 25}000 cij>arß, The' eases house,' pendng further investigation, No clue has 'et been obtained to the ownership of the . . 'A lewyears' ago' the island of Jamaica was troubled with a plague of fats'," So vast were the 'numbers of-these destructive rodents that, the growth of many valuable 'drops'' Wer'e 'seriously interfered with. Fox-terriers, ferrets, and,other animals destructive to rats were introduced, but failed to arrestthe plague, but in ;1872 Mr Br: Espe'nt ■• imported nine' mongooses direct from India, In a few months they, bred freely, ■ and-being distributed over the island, in a short space of two years had.sxtirpated the rats. The beneficial effect of their introduction has, been estimated fat, from JIOO,OOO to £150,000 a year. The mongooses not only destroyed rats,,but vast numbers of snakes, toads, and land crabs. They have been since introduced with advantage into' Cuba, Barbadoeß, and Porto Rico. ,Mr,W. Bansrofty.Espent ; read a paper on'the history of the acclimatisation and utilisation of the.mongoose in Jamaica at a'recent meeting of the Zoological Society of London, and threw out the suggestion that a trial of its services in Australia as a destroyer of the rabbit might befound tobe advantageous; . The Weekly' Press of-the practice of threshing' from the stook, writes:—Nevertheless, we are of opinion that it is not good farming to do so, for the, reasons., whioh ,' wo ;< shall, briefly enumerate,' Knowing the changeableness of our ohmate, we. would ask, is it prudent to leave the corn lying about the paddocks, after it is fit for stacking, .to be.carted, to the machine ? So long as the weather, .continues, all may go well; but let us suppose a very possible .contingency, viz., a two or three clay's pelting sou'-wcster. We'need not follow up' the thought, culminating in sprouted stooks, damaged grain'and cohsequent;hbavy:losses, the like has happened before, and will assuredly happen again. This;is not, the only evil which may attend the growing, custom of threahiug from the stook.. It remains to be seen how grain thus threshed will stand the voyage to England. Threshing begins early inthe morning when'the grain is often very\darap with dew. .This damp grain is run through the machine and into the bags, wherejtis sure to sweat more or leas. It would be unfortunate if ourcharac ter as producers of good sound wheats should be injured by a few shipments of damaged grain.' It is not many years since the possibility" of shipping wheat from New Zealand, was -earnestly discussed. It was thought that the grain would certainly have to be kiln, dried, but happily such a measure is not. necessary, However, we would advocate caution in threshing from the stook; for the various reasons we have indioated. We would certainly advise stacking everything as i soon as fit. The.difference in cost is very trifling, and we feel surethafc the fanner | who stacks will be tlie gainer in the end, The Queenslander, re'ferrjng to the dry and formal communications which usually emanate from 'clerk's in ' Government department, welcomes an . oasis in the official desert' 'Lately,'the town Council ■of Wingeroo applied to the Gfovorumeut to establish'a pouiid near their municipal boundary, and, instead of tho usual "I have th,e honor to i'nfpf'ra you that ou your council efoctjng the necessary yards the pound wilj bp-prdc'laimed,''! the following roply was received:—"To tho worthy mayor and aldermen of famous Wingeroo, the home of wily wombats and the kicking kangaroo, thereaort of festive niggers, and the'bu'nyip's darling den, I send you fortk a greeting-rMr;Mayor and Alderman..-! In the archives of; this office; clothed with dust there has been found a formal application '-foifthe-Cjrowri to'tfun a pound; and on me the task devblveth an answer fit to pen'and my glowing soul rejoiceth-Mr Mayor and aldermen, Let tiie'i ; swaggering;) swearing spliiter seek the silky she-oak shade; Gauss the towering trees to tottar till the thundering fall is made, and it'stretches slain and shattered on the sandy soil,' and then let him cut and split and mortise—Mr Mayor and alderman, Till the rails and posts are ready post no railing .missive, to the 'Kerlonial famous Wingeroo; but onoe you havp.ereoted all the yards—l hope - you ken-it 1 shall a prison be for Pegasus—Mr Mayor and aldermen," -- .• ■■•.

It was stated at the ( late temperance meeting that oyer '13,000,000. annually is spent in drink in New Zealand, This is about £6 per heodifor 1 tlie European population, leaving the Maoris out of the question, Some repent statistics with regard to Switzerland are muoh ; worse than that. There is oue public house for erery 130 persons, and deduoting the, women and ohildrepjj 'o'nej forevery.3o.' The average 'expenditure, on drink for every man, woman, and ohild in theoantons is £W t per head, which, allowing for the lower price of liquor;- in Europe, than in this Colony, shows an enormous consump-tionT-probably, three' times as great as ours. Bad as we are/ then.it is a comfort to think that there are tome countries whioh are a great deal worse. In England there is of late considerable evidence of thefalling.off in the consumption of intoxicants, and .the excise is falling behind, The Daily' Telegraph is quite anxious about the probable effect,on revenue from increasing the' receipts from the customs and'excise together being about 30 millions sterling,' and; suggests the necessity for inventing 'new 'forms' of taxation!" . ; —• •Hitherto there ha* been aldifticulty in bringing to justicOj.oaKl-sharpers who ply their trade jn railway carriages, .unjess they have;'actually dqrie ;-e'nough to warrant a charge A recent decision' of the" Queen's Bench puts matters on a more, satisfactory basis. One Archer had been*otiarge at South-' ivark Police Court as.a and a vagabond (under,th^ l Yaßfant'jyu,of.George IV. and Victoria) for paying■'the'threecard trick [in a ( ljaijway egrriage; tunningfrom Waiterlno to Kempton Park race's, The magistrate declined :to convict, holding that a railway oarriage on its journey was not "an dpenjapdi^ub^orplaoo" to which the public ; havej'or are permitted to have, access us defined.by statute, The Queen's Bench held, however, that the fact of the accommodation'in the carriage .being limited to a few seats, and those seats only to boused by persons who' had paid certain; specific fares, did not take it out of theAct. : ' lt was an open plaoe to which the public., or -certain.Wembers thereof, " ; had access:'tH Tliey allowed tie appeal,, and stated that the magistrate ought to hayfliconvioted,.] 'f g i U;

**• ''■ The Hon. Martin, acoompanied by two of his daughters, arrived in Mastertou to;d'ay'!';en route' 1 , for Weliington after a ;|ri^fe;thß^oi!sprinjgg.-V^:V- ! ;;.:;:;>, J : ;i the Governor has fixed next at noon lor the'first meet-Ing-bf'tho Wairarapa East County. ;;cA.Wakatipu aettlßr recently : " entertained ah angel unawares.' 1. Our .correspondent During the redent hot weather.a w baohelor v iettlMvJn;-.'.thiß. diatriot,' ; h'ailing ' free the", land o' r cakes,' received a visit from-a gentleman, whp '.; asked for a drink of' tea.,,Our;bachelor, who conducts his establishment upon the principles of tho canny Soot, complained of the frequency of callers, and grudgingly , poured out sorrie'teainto a dirty pahnakim A conversation showed that the visitor was also a :,,Scotqlimanj and. that '■ both came from nearly the same place. Yet this did not soften the host towards; his visitor. .Upoutakint! the visi- ; tor presented;his)host'Cwthihisi ;oard, wbioh read—'Lord .Gnr^pn,-Lennox.' Picture the dismay of-oiir bachelor, who} • being born ( on.' : the,' Duke'oti Gordon's; estate, had been trained to look upon the ducal family as second only to that of the .Queen.";'j-; /; ;'HKU.! "''^ :^ An opportunity not to 'be ioat. On Saturday Raff, & Hare will be selling • men's suits from i7s'lld.—Advt.' : . . For one Saturday only, men's hats from la atRAPP and Hare's Emporium, To bo, ; . had on Saturday, iMe'tfs 1 Boots 7s 6d per pair.—Advt. Come on Saturdays and''try''Haw & i Hake's new seasons tea from, la 9d.— Advt. ...,.;.,.;.,, •. i' ~, ,-•<■■■■.< -Vv iJ 'For.Grocery.'lrbhmonoery, 4 Orookery' 1 and Clothing, Rapp & Hare cannot"be : beaten.—Advt.' . v ~ The improvements eSe'pteiot late years in ' ladies' corsets have beon^very.great, and strikingly beneficial to liealtW' Foremost > among these for their peculiar excellencies i are Rosenthal's sanitaue and Dr Warner's • coraline ooraets. The former is" cohfltractod i to obviate the ■ debilitating effeots .of; the j ordinary corsets by relievins'the delicate and j and vital organs from damaging mechanical :. pressure, while still, affording a healthful and B comfortable support 'to I the wearer,;! The support to' the figure is properly; distributed, and the distressing effects of tight-lacing e neutralised. Dr. Warner's coraline corset is ;j boned with a new substance, wnioh is vastly a superior to horn or'whalebone. It cannot , r break but will in every instance outlast the « corsot. being more pliable that'' whalebone B ' it adapts itself more readily; to the move- . ments of tlie body., ;Bofch:theae- admirably corsot-3 can bo had in all sizes and colors at : .Tastes Smith's Ti^RoßonaK.—iAdvt,! o