A VOICE FROM MANGAONE.

Wairarapa Daily Times, Volume IX, Issue 2737, 29 October 1887, Page 2

A VOICE FROM MANGAONE.

(To the Editor). ._. T^j Sir.—l wish to call ;«Wtion *-*£: through your columns to an apparent inconsistency on the part of the North Wairarapa County Council. We the settlers on the small farm flection; of -.■ the Eketahuna to Tinui roadljar« been threatened with certain pains andpenalties, if we allow our cattle to stray,on the road. If the cattle'damaged the. road, no one could cavil-at ' the order to keep them off, but afc.tbe same time our neighbors "the funholders are allowed to erect gates and enclose the road in their, grazing .paddocks; their poition of tho road being made and maintained equally with the other portion, ont of the public rates. Sir, in your paper yon have constant!* deprecated the class .feeling which 'jL constantly rising to the surface'p the Colonyj and, Sir, if such,acts as these are tolerated I fear, you will have a fruitless task in fighting the same, Hoping you will find space for this . _ '■''■ I remain &c.Jg[ " Mangaone, Oct, 27,1887,, ,>•> P. S,-~Perhaps I have been, too hasty inmy conclusions, and that the! ' Council has warned the runholders to remove their':, gates, or there is ah act which allows a; man after he -getf-i' , oertain acreage"., to. do as he like 3 .with. , the public roads.t,'. . .■ TO THBEWIOB. = ■ 1 Sjb,—Will yqa kindly allow, mei through your acquaint ,th»: people of' tho Wairarapa of-the fact that: ' lam giving up ihe'clothing portion of- : my business entirely, and .consequently; am now selling mens', youth's and/hoy's- • clothing at whatever it wilffetph, as 1 am ' determined to realise on it aV all'hazards/ r Yours Truly,. >. W > _ 'J. i Clothier and Outfitter, corner VoTGuW i and Manners St., Wellington.;' ; » THE PANAMA '■:■ INTEHEST, -« ' 1 M. de Lesseps's enthusiasmjftnd J fame may blind the eyes of the rflSbla 1 French investor, but a cool calculation t of the present position and prospects of ' the Panama Canal would effectually • 5 keep English capitalists from advauc--1 ing their money, Up to the .present, fro millions sterling have been dis< tributcd as interest out of capital; and '• the following figures worked out by--3 the ' Statist' show that, inclusive :df ■ the issue just projected, an annual pay- • ment in involved of nearly two aud a ' half millions sterling a year, with only 1 ,& small sum of less than £200,000 a . 1 year from the railroad investment coming in : Annual Intereit.-'4j, > Ordinary capital.. .. '..£305,000.' J[ ; Five per cent bonds ~ '•., 250,000 i Three percent bonds., ■':'';-., 360,000 I Four per cent bonds .. : '.,. 346,000 Three per cent lottary, 1886.; 600,000 -. ! Three per cent lottery 1887.. 600,000' '£2,4|S ) With the present sy'BtemYof cmtly , finance and the rate of progress, of tho , work, the cost will amount to at least i 120 millions sterling, and the ; cQ.mpany will have to earn twelve millions to ' cover working expenses, interest, and 1 other charges, or about five the , amount earned by the SuetfiCanal Company. ;> :< I ' ' -—■;.:«?