The Wairarapa Daily. WEDNESDAY, JULY 25, 1883. DEPRESSION.

Wairarapa Daily Times, Volume 5, Issue 1439, 25 July 1883, Page 2

The Wairarapa Daily. WEDNESDAY, JULY 25, 1883. DEPRESSION.

There are now complaints of depression in most of the large towns in New Zealand. It is said that Auckland only is exempt from the partial paralysis which is apparent in trading circles. In that town there is apparently more speculative enterprise at the present time than in other centres of population, but past experience leads ÜBto distrust an inflation which is to any considerable degree traceable to speculative agencies. In Auckland just now new ventures of almost any kind find favor, hut in other towns promoters pipe in vain, for the people will not dance at their bidding. For some timo past the colony has been suffering from over importation, and though a check has now been put on this evil, its effects are still visible. Iri largo towns heavy stocks of merchandise have accumulated, and, in order to dis-

tribute them, merchants have encouraged retailers to increase and multiply. Too many men are engaged in shops and stores in proportion to the population of New Zealand, and from this cause a certain amount of depression must be experienced. Goods have, in fact, to bo forced down the throats of colonists. They are here, they have to be paid for, and, consequently, they must be sold. Outside. our towns and apart from the spasmodic efforts made to place surplus stock, the country appears to be fairly prosperous. Farmers and laborers are certainly doing better than formerly. Work is plentiful, wages are high, and the price of produce fairly remunerative. The depression now complained of nppears to exist in town rather than country, and to be. mainly attributable to overtrading and the employment of a greater number of persons as salesmen than the colony requires. Never have the prospects of country settlers appeared more hopeful than they do at present, but we cannot say the same of scores of men engaged in business in the chief centres of population, who are rowing very bard against the stream, and kept afloat by wholesale houses. Before a more healthy condition of trade is found in the large towns of NewZsaland the overcrowded ranks of retailers will have to be thinned and an exodus to the country take place. It will pay a man now to settle on land and work it, but it does not pay him in most instances to go into business. The country can now absorb readily the superabundant population of the towns, and by v so doing relieve them of the depression which they experience, There have been times, notably in 1878-79 when town and country were together under a cloud, but this is not the. case now. On the contrary the country, is in a position to help the towns by offering a better return to both capital and labor,

The Kohiwai flock, the property of Mr E. Meredith, is added to the infeoled sheep list. Mrßenall, we understand, proceeded to town yesterday to give evidence before the Waste Lands Committee with respect to the Mastenon and Grey town Trust Lands Amendment Bill.

. The Wellington Diocesan Synod meets on the 11th of September. It is expected that the unfortunate General Church Fund will be settled at this gathering. A few miles from'Oollinsville, 111., recently there was dug from an rnoient mound 19 human skeletons of adults and ohildren, male nnd female, most of them in a good state of preservation, and» large quanity of pottery,'copper and Btnne ornaments, and domestio and agricultural implements. Among the latter were several flint hoes. Professor Procter, may tell within the sixteenth of an iiioh the length of a comet's toil, and Professor Huxley give us the exaot weight and age of the earth,' and Herbert Spencer evolve more philos phy in one day than the average man can understand in six months; but when it comes to determining the ripeness of a watermelon from its exterior, the triumvirate of scientific sharps must take a back seat and let the Southern coloured man who never had a day's schooling, step to the front.' ' ' : ": '-

During the dramatio season of the Willmott Combination at the Theatre Boyal, Masterton, the blunder made by the directors of the Theatre Company in providing perches for front seats was very plainly shown. While the cban-s and the back seats (or perolies) .were full, not more than half-a-dozon persons would be soen in tho front "seats," A more uncomfortable, incomplete arrangement could not possibly have been fixed upon, and the sooner an alteration is made, the better it will be for any company using the theatre, and for the good name of the theatro itself.

We published an extra yesterday afternoon reporting that Wellington won the football matoh by one try to nil,

The-Government have decided that it will not pay to run Sunday trains on the Wellington-Masterton line. We do not recret this deoision as the railway staff has quite enough work in its hands without Sunday trains. The Legislative Council has passed n resolution to amend the Lotteries Act by prohibiting newspapers from publishing race sweeps,

Two rival professors, Liohwark and Sample, met at Carterton yesterday. Unlike the knights of old, they aro not prepared to ride on one horse. List night Neil and Cookery's 'bus started off from the railway station without a driver. The horses trotted steadily into town, and pulled themselves up at the stable door, It was not till then that the passengers discovered that there was nobody on the box. When Miss Notebanger was asked tn play she went to the piano, after some coaxing, and played the polka she had been practising upon fur four weeks, Then Bhe turned about and said in her artless way: " Now I suppose you would not believe it if I ahould tell you that this is the first time I ever tried that piece ]" Fogg,, the villain quickly replied, "Ofcourse we should believe it;we couldn't doubt your word, Miss Note banger,", and the youncr lady was heard to mutter that somebody or other was a great hateful thing and- she didn't like him one bit.

If a good goldfield is not discovered soon in Canterbury it certainly will not be from want of enterprise. During tho last few weeks quite a number of prospecting parties hare been organised, and have gone forth to search for' the precious metal, and a few days ago two more parties started out to examine the the headwaters of the Rakaia. They are at present located on the Wilberforce River, the northern tributary of the Rakaia. Many years ago auriferous stone, some specimens of which indicating the presence of gold in the proportion of 20oz to ton, was found in tho bed of the Rakaia, and it was suppossd to have como from a reef in this neighborhood, It is stated that another party has obtained a lease of an area, of ground measuring half a mile square in the same district. The parties now outare fully equipped for a long stay if necessary,

He raog the door bell of a banker. The servant tells him " Monsieur does not receive to-day," "That makes nothing to me, My racket is to know it he will give anything."

Two gentlemen, one of them a legislator, strolled carelessly past a saloon, After they had passed twenty steps beyond the saloon the legislator stopped and said—" Let us go back and get a. drink." "I thought you promised your wife not to drink while you were in Austria V . "No I didn't promise that. I promised when I came to a saloon I would go past it, and I have kept it like a man, I htvo passed the saloon, now let us go back and get a drink as a leward for keeping my promise.

At London public dinners of late it has ceased to be fashionable to rise to any toast except that of the Queen. Lord Aberdeen incidentally explained at the British Orphan Asylum dinner, the real reason for the change in Society manners, He stated that the Prince of Wales discouraged- rising to any toast savo that of the Queen. At that mansion House dinner, the toast of the" Prince of Wales and all the rest of the Royal Family I !'was received by theoompauy sitting, although the Duke of Edinburgh wa<t at the table.

We must request some of our local advertisers to bear in mind that it is unreasonable for them to expect us to be continually altering their advertisements, especially at' the present time. 6. W. Schroder, for instance, has a most attractive advertisement on the front page of this paper, but as his immense|oleanng sale commences on Saturday next wo have every reason to say that it is a genuine clearing aale for the season, and judging from the nice and choice assortment of drapery now to be seen at the Hall of Commerce, together with low prices, this sale, commencing on Saturday next, must prove all that can be desired. —Advt.

. Mole trousers at 6s 6d at Bapp k Here's.

All the year round flannel lOd per yard at the Emporium, Come and Bee ladies' boots from 3s lid per pair 1 Rapp & Hare. i- Bay men's trousers and vests at 9s lid Emporium.

Examine tweed suits at 22s 6d, Bapp &H«e. Men's hats from is at Emporium. " A few braces left at 6d per pair. Rapp &Hare.. . For grocery at Wellington prises go to Rapp & Hare.—[Advt.]

The Palmers'ton North Times lias it that Mr E. J,Seddon, M.H.R. has taken the Palmerslon Club Hotel, possession to bo given on tbe latOotober. 1 ' ';;•'' ; The half-yearly district meeting of the 1,0 O.F, Makes plaoe'at the Forester's Hall, Carterton, at 1 pjrri, tomorrow. .

We are not surprised to.hear, BayO;the N.Z. Times, that cashing at the Albion Battery is attended by hindrances. It is always the oase with a now battery, There has not been much done yet, but to-day it is expected p. good start will be made, Spare sets of stamper shoes, and false bottoms were soot to the battery yesterday,' "What little stone has been put through : makes_a capital show oh the plates. If the crushing goes on smoothly from to-day, areturn of retorted gold may be looked for some time next week, 'but not before. ~.-. •,„,,..■

A meeting of Ministerial; supporters was held yesterday, at whloh f 64 I member» were either present or accounted for. It was generally considered that, unlets unforaeen obstacles Intervened, 'the session 'could be dosed by the end of Augut, and the proposes of the Ministry, with regard to the Bills to be persevered' in were approved of. The principal of these wero the Bankruptcy Bill, Local' Courts Bill, Bills of : Exchange Bill, Married Women's Property Bill, Sheriffs Bill, Fisheries Bill, Adulteration Pretention Aob Amendment Bill, Saving Bank Bills, Affirmations and Declarations Bill, and BHIb of Native Policy. Tho extraordinary sale of Surplus Winter Stock at To Aro House, Wellington, should be a matter of some interest to all readers of ,the Wabarspa [Dailx for these special 'reason*,. Ist, becautie:of the largeness of the stock', 2nd,, bo'causo of the short duration Ot the sile', 15 days only, 3rd, because of the unpreoedwtcdly low prices. Our price list, issued with this papor, should, we think, astonish everybody, and very certain it is that a trip to tho sale would bo money, in pocket to every Wairarapa resident that should try it. If not ablo to come, their orders, accompanied with cash, -would be ,aa -well exeoated as though selected personally." It Bimply means 20s for 10ay or evon lesß in many Oases, thereto try it, 0 ye residents, and that right early. Bear in mind that we have so country businesses whatever, no bundles in any township, aud no ouo is authorised to sell for us, either regularly or irregularly. We have only one plate of bmin'm in the province, and the public would do well to keep this fact in mind when sendipg their orders, or visiting Wellington, that our.solo establishment in the colony is that known as James Smith's, Te Aro House, Wellington.—Advt.