The Wairarapa Daily. WEDNESDAY, JANUARY 16, 1884. A FORECASTE.

Wairarapa Daily Times, Volume 6, Issue 1584, 16 January 1884, Page 2

The Wairarapa Daily. WEDNESDAY, JANUARY 16, 1884. A FORECASTE.

We hiivo received from a leading New Zealand colonist now in •London a letter which contains many opinions well worthy of careful attention by the public men of this district. Tho state of tho colony seems to me, as-a whole, writes our. correspondent,: most; unsatisfactory. So far the ill effects of borrowing •hiive been postp6ned by

alwajw'getting more money when th point of exhaustion \yas reached This] can't go on a larger time. A little effect. The. : .charge'*for public and,-., ati'laatbeint! felt, mid. assail jour iwuce|fl selling badly.it ;j|ii!iic|]|(ai'giiiujn , o|)oi;tion of it to piijrdetrts, The* result,is ? decreased 1 employment of labor and general spending power," The. bulk'opiolanilnotj yet used is of a character wliicli will] notgiYC'vefy-rapid' quires, capital to work. For many j years.the returns possible, for want of it, will not allow -of paying present high wages. The natural righting process is that wages must fall,, but the working classes will resist thiiiio; the utmost. The'political ;,powei;'iis in their hands, and they will try; every. expedient .to, prevent this fall, including, of course, a system of protection. It may be postponed in this way. for atimej'britif't ami right in my 'opinion as to the average, profit from land, the fall, must come at last. New .Zealand witt'.then .find herself a heavily'taxed coitiitry,>ith low. wages: ruling. This'' will, iof course, mean a generally reduced spending power and general stagnation. Of course I leave out tbe chance of'mineral weal tb being .discovered;J this.'would put things right, :but. is iot a 'thing to calculate on. : I nave always said that Voola's great mistake was.that .he";'did not know thclcopti'yi pel vastly overestimated its. ultimate resourcesj-and'l am mora conviiiced..pf;.thjs the niorp-rse'e of other countries.'. 1 6iir;-exports fail: to show any- marked increase after all our expenditure. I have not the least faith in Major ' who- I.liave' always considered a most reckless financier;. but t don't.see how he can be turned, ojit'/so long as Sir George Grey is in the- House, and preventsthe formutionof a decent Opposition.. At present,'it seems useless (o -fight, .against what fti "going" an, The only possible . stop to. borrowing is when people' in London refuse to lend. I begin to hear 1 an uneasy feeling expressed about New Zealand fuiaiido. New Zealand has been kept so constantly before the public of late, years, with her loans,"'big .companies, and big steamers, that it has been" thought that it must bo a very grand colony, People are now beginning to find out that the great land companies don't pay dividends, aihl iiave grave doubts as to ; tbo steamers doing so. All the.se Sorb of things nnist.be tested by results, Men. once conlidonco is shaken iii one, great doubt is thrown on the rest. From all I can see of English ■ money lenders, they are not half so sharp as is supposed; If ; on'co a' thing is taken up by a few, the rest follow like so many sbeep. It strikes me that very few who, have lent money here have ever taken ■ much trouble to enquire into the A yfcar or two more will show who has been right all along. All lean say is that I have watched the thing completely from the first; and have always expected' it to result in what noW'seoms coming on us, It is truejpxpected, it earlier, but then it litis been'postponed by keeping things going with'further borrowing." The present low prices in wool will, I think, be very serious for many. I am afraid that any considerable rise in tlio long wools is not to tc looked for. In fact, it seems likely; that the'avcrago;pricc of all. articles will be perma- ; nentk/ reduced. ' Go'sciikn.has published a' pampkje]; showing'that this must follow 'from th.e largely decreased production, of gold; His .argument is' that the"process by, which all articles rose during the great gold discovorics is now heing reversed, unci falling' prices must'result, I think there is a good deal' in this, and so far. | as'ft |s true it tells against nations and ; industries as it takes more pro- : duco thati formerly .'tp .pay a given amount of interest in gold,' '

'Our readers will find the above forecast.worthy of .their grave .consideration even more so than tlio program rues which have recently been put forth by our County Settlers Association because it covers a larger field and wider interests. We shall in our next issue refer mora .particularly to the opinions expressed-by. our correspon- ' ''•''

The Mftßti-ltoi) Schopl .Committee meet this evening, ...Mr C.lt fijd«rjUJi?s.boi'n olecic ( J a fellow of the Culouijil Tho chilled cheoso' ami butter sent Home by.tbe D.irie has pr6vpa\a failure. We uoiiee 'that Mr-Pepkell, .of tho firm ojf O'Midley & Peperell'.'js'iti Master-' ton to-say. ' .'. . iniy take au iutorcat in' Professor Hu» will bo glad to hcav that ho speaks the 'kandinaviau language, ...... The wind and rain of- the past fortyeight hours hna laid lo.w r h good deal of the standing crop iu thin neighborhood, , have been received that the Sbaw, Savjjlc, and Albion Compinv's steamer Florida, B|2§ chartered to leave London Ibf W.ejjinjjlon and Olago on the 10th ~Jimua'iiy. : i Messrs Low and Joins, and MrF. H. Wood, conduct stock dales to-morrow at 1 pin., in Mr T.' Bay's Tarajalii yards Bath firms are favored with' numerous entries of sheep and cattle for tho occasion, . .......

Mr Clmrlog.Pliftras?yh; i'niftjatlor to thjj' New'Zoaland Times, which wo publish in another column, advancoa good reasons for believing that the cosily share works of our Wellington MoVt Export Company are ulaincntablo blunder, ■'■''■

At Paluioralon North yes'crday li poll was taken for. the proposal to raiso a'loan of 130,000 for borough, water works, streak, etc, Thero were loG.for and 73 against, the proposal is the'roforo lo3t, us to carry it 2.SJD tyojjjd li.avp to vote.

The storm of Monday night 'a.i;d Tuesday has played sad havoo among the fruit trees about Greytown the' ground is covered with-unformed fruit in all tho gardens, boughs of poplars and othor trees flew about.in.a most extaotdinary fashion to the damage of lifo and limb, but ■fortjjjjalely no accidents havo occured.

The following sr,e the names of the team selected to represent the greytown Workin? Mens' Club in their ciaicli against the Wellington Working Mens, Giub •on Anniversary day: H.Udy, D.'P.Loasby, J. Maguii'e,-,AYv.' SommbrviHe, D. P. Player, A. L. Webster, D. BuillioV J. Tooker, M. Varnham, W. 0. Cuff, and E, Hirsohberg, Emergencies' Wi Udy, J, Barnard, and F.F, Maxtor

'.- We' would draw .nurreadeTß''.apecial iiuciitioii 10 Mrssra Tatum and Munro'a new advertißohpt,,and we are pleased to to.seo that tho demand ou Iheui lor country property a inorea9ingj : .aß.it,caii to' takeMtfa'shjn .of tho time^.- f f ~.?>., •' watdhea for tli'o : : cqloiiial lnarket, Littlejojii. '(ind:'So!ij of'fLpb'tbn Quay, have. ob|jrved;sho'fpeed for a/'thorouqhjy soiintl Epglisli thai that usually paid 'for such watches. It is only bj the judicious division of labor and I hy tho manufacture of largo quantities on a uniform plan, that wo are enabled to meet I,thia want ■' •Wo have: now. the-; pleasure., of. ii(ilf6[iuoihg our Six /Guinaa\Huriting-fciilvcr 'Jiovejv; This .watch; being' siniplo' ih/desigu,' durable, highly finishod, and accurate, fulfils all tho rcqii 1 rem en ts of .a pookot timekeeper. A written guarantoo for two' ytars will he 1 given with each w.vtc.h. Sent by po3t, . senurely paokcd.-pir.; receipt- of Post OUico ; order or.cheque.-liU'VT) / ■ , ;.,,'■..--'; ' ; \ The sealdjugfoiiso «fMho; Wellington' Asylum has rosulted in a very weak verdict,of accidental death.

, Messrs'Lowes & lorns have; .received instructions from Mr J. Burrow, who is relinguiahin'ij farming in this district, to. hold aii; extenaivo sale of,,,farin'..and agricultural implements. The-sauie-finn publish also a preliminary announcement of a salo of pure bred Lincoln rams. • : „ •,;

J At a special incepngpf.tho ■Ktborstou Town Board held on Moiulayj : ''Ja'iiuOT'y. I4tuj the' fol!q.wi!j»;,rcßolutip'fiS ir ive'ro passed;":—(lst), That pjis. Wv ; appointed renistr'ir : ;.ofJ.',.dogs,;;(ee3''for registration to bo five'shillings.|i|i., one. shilling. ■. and.,sixpence;' (2nd)'tM the •returning' officer be instructed to <tmake the necessary arrangements to hold .an election, for a; new Licensing Committee forjlioFeatherstqn Town District; (3rd) 'i'ilaHhe clerk prflciH-eVlrallot box for iho use of the Board.- • . jP

: ' Life size figuresi of the Emp'ttss Bugenie and the late Prince Imperial have arrived ..iii'.Ma'sferlon, and aro.;iiPw,in.ferviewing Mrs iiii Messrs L, J. HooporandCo'sJEbn Marche .Qncoii-st, Jlasterton, wii'orp they- williio doubt attract a great/ajiwurit ii attention from th&.gpiioriil;public/

?. Mr Wakefield addressed tho .constituents at Selwyn last ni»ht, beginning with ft-rete'pect'pf, Ills >own' {^blitical.«Jxpe- ; i'ience. He i;ave his story nfhis opp-si-tiun to' Sir O. Grey, and his cuiineciion with' the. party at present in nower.. - 110 ili'en disclospH the secret of povcrn,

meni opposition to .. his caudifl/iluie jit. Inaiigiihuii. Ho had noliced the great fallm." off ill admiii'Htralion nftev tho. secession "f Sir, John Hall, sinco which i.ime.there had been no good or hones! liiivarn.iiient in New Zealand,'-: Oa lis becoming■ known thai lie intended lo contest liiaiigaluia, lie received •■■a lelcgMui f.oii] Wclling'oii'' what his platfo-m. wis. to , : lie ; . /He had' ici'liud 'ihit' hia pliitform/jViis' the wine us it.had always heen, leaving it.l,& the Government'to say whethor theirs

was altered, m- not He had j then been asked if he requiied as'sistanca, to. which he replied.he would wait till he had consulted his'constituents. 1 The Government at once took this to mean 'that- ho-'wavno supporter of theirs, and put Mr Shaw into tho field against, him. [ Ho had no confidence in tiw present (rovorniUent,and iio would "n to Weljing'tun as'a sup|iorto.i ofihe Opposition.; '■ '" A scliejiio is cm foot to mako a.cimal between lite Black Sea and the Sea of Azov. ; • In one year there wero 1171 divorces in Switzerland; the population is only' 2,846,102... •■ ■;■ ,;■;;.;" ft-iKS and iSucis, boetk'S, insects, roadies aula, bed-bugs, rats, mica, .gqphers, jack' '■rabbits; cloai'o'd btit'by:•"' lloii'frli 'on - ltats,' ' Moses, Moss & Co,, Sydney, General Agents Thick nE.\ps, jjuyy stomachs, jin,iQUii cosdiiioss,—Y/cJFs May Apple Plll&"J-anU-bilious, catliartic, i"§ ajid js.;^Jj)ses > Moss ICo., Sydney, lipiidi'ilAgjjnts, 1 ;.;:; .. ffau' ■" Itoi'u'ii .o'>-_ Cp : n»s,'-~Ask for Welts', "Bough on Corns."'' Qui&k/'ro lief,;.complete,. permanent' cure, - 'Corns, .warts, bunions.. Mosos, Moss .0 Co Sydney, General AL'cts. • : . '.'.■-. ' : ■'•''; '

Chhistmas PiiasEXTal! The opportunity of niakiiy mi elegant and gratifying prcsfent to son t s< slaughter, brother ov sister is brought oj all; by.- the special importation of. 'ijujll ini sifoc); jmlknj .by. A. Bisn, Jeweller, Qfcefrjslrjje.iii for the Christina? season. Silver pfoson.fcs'froni Is; Rold presents from 6s, All goods ■- will he markedm plain Jitjum anil iv re'dmetion of 10 per. cent will be inado on ordinary prices during the holidays.—Adto, '

Thp summer season is now well advanced, p.n,d n r ot withstanding ihc extraordinary "amount 0/ 'lai;;' that: has interfered sadly villi ntf'tilnra exercise as well an with farming ope'i'ationß,'the usual happy chaugo' from winter furs. 'nii'd ulsters lo baiifjiinrse dresses and-elegant .dolmans has taken' place in tj)D costume of tho ladies, wji'o tiro fflftunatp in be'infj aMa to-obtain, a - .H'opd^iToijy: ■■-vari.efi. seleeii'in without irnvejlirciTroin Masterton, where the slocl; of dmparyvipilHiiQr-y, and clothing of all kinds is cxionstvi' and choice at Oms, Schroder & Co.'s Hall of Commerce, Queen Street-.—[Adytj ■■■■ .

Ex Banish King,—Wo have just received and Qpenod out one case of the fashionable Henry j/.'h'iijs, fij'r ladies' wear, at To Avo House.. We.aro hoe slipping a choice andfashionable selection of Indies' aild jliildre'n.'si jaunty hats at To Aro House, We have now for the.delectation--of juveniles three; thousand hi/balloons at 3d eaoh, at Tc Am: House.' You should see, the new Japanese,; cabinet?, photo, frames; fan: brAek'ots,-. graphoseopea, stercoseopo3,,an'd;,a'h i cap'of/ other charming articles, specially 'adapted for New V.car's nresonts, at Te Aro Houses Just opened op a few choice infants' hits.: in cream, grey, and striped'veli/et and swan,, and wo'' are also, prepared to ec|l 500 clri(--; drop'* pompadour granny bonnets and, white quilted.hats, worth front'.2a.l(l to 4 (id, for one shilling each, at Tc Aro 'House. Wc are now showing an assortment of boys' strong ribbed eoltxm" kuickcrbocker hose,' specially adapted f or schoil.and holiday' wsai'; also, blue and pißlc Lisle thread bosc: in al) sjzcj, fgr children's and ladies' wear, i at To Aro .llcmse'.tjijjKti'CCv; \y,nllington'.Anvr. ''' ' ' ''