The Wairarapa Daily. MONDAY, SEPTEMBER 13, 1884. THE FINANCIAL STATEMENT.

Wairarapa Daily Times, Volume 6, Issue 1788, 15 September 1884, Page 2

The Wairarapa Daily. MONDAY, SEPTEMBER 13, 1884. THE FINANCIAL STATEMENT.

Sie Julius Vogel's financial statement is expected to be the redeeming feature of the new Ministry, For years past the finances of the colony have been absolutely controlled by one man, a capable man it is true, but not exactly a hoavenbom financier. We have got into a groove from which there has been no departure, either to the right hand or to the left, We have learnt that our inevitable lot is to borrow a million a year for publio works, to starve local bodies uuder a Roads and Bridges Complication Act, and to be lavish in the direction of education, hospitals, charitable aid, and legislative expenditure. It is generally believed that it is possible for the finances of the Colony to be re-cast on better linos than those which Major Athkson has laid down in the past, and Sir Julius Vogel is admittedly the fittest man to undertake the task. The Stout-Vogel Ministry as a political combination is regarded with good-humored contempt, but the financial proposols of Sir Julius Vogel will command great weight, not as coming from a weak Ministry but as emanating from an able financier, The Ministry as constituted cannot be expected to survive, but Sir Julius Vogel's financial proposals may live and bear fruit. We say the Ministry cannot live because Stout and Vogel are essentially antagonistic, If Sir Julius Vogel remains in the colony and retains sufficient health to bear the burdens of office he will get rid of Mr Stout as he got rid of Mr Waterhouse' many years ago, On .the other hand it is possible that after the present session is over Sir Julius may go back to London as Agent-General for the colony. In either case New Zealand will probably, have taken some new departure in finance under his auspices and this is leally all that we require at his hands. Sir Julius Vogel has a constructive, ability which Major Atkinson does not possess, Herein the country we want to see our local bodies placed on a more satisfactory footing. Major Atkinson's Eoads and Bridges Act is a failure and we would like to see Sir Julius Vogel give us something in its' stead. We despair of Major Atkinson because, he .'fancies that the very intricacies of his local finance muddle prove it to be a success. If Sir. Julius Vogel by his ivell known genius puts our finances on a new footing, we shall be satisfied for Major Atkinson, who is an honest administrator, to take charge of them again.