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The Wairarapa Daily. TUESDAY, JUNE 12, 1888. A FINANCIAL PARALLEL.

Tex years ago tlic Colony was from one point of view even in a worse position than it is now. The deficit in the ordinary revenue was a million instead of half a million, and the extra taxation imposed to meet the position was greater than that which is now suggested. The peculiar difficulty of the present addition to taxation is that incomes to crown the penalties inflicted ten years ago. The new burden is lighter than the former, but then it has to be carried on the top of the old one. Ten years ago the Colony pulled itself together with a five million loan; now it has to be content with a poor " pick-me-up" of two millions, and this reduced sum is intended to be spread over more years than the former bigger loan, and a large slice of it is already forestalled. It was said by the wise ones ten years ago that if we did not put our house in order the ogre of bankruptcy which then swept through the land would return again with fresh terrors, As a substitute for putting our house in order we borrowed five millions, and when this was spent we sent home for more, and as long as the millions circulated, the ogre kept away. He lias however come back as the sagacious prophets said he would, and wa know now that to keep liim away for the future we must set our house in order without the aid of loans. Major Atkinson in 1879 found a big loan the quickest solution of a financial strait, but Sir Harry Atkinson in 1888 knows better llian again to resort to such a specious method of restoring prosperity. Colonial statesmen are not safe to bo trusted with borrowed money. The fact is that a big loan demoralises the best Ministry that New Zealand has yet had, The two million loan now, earmarked and forestalled though it be, gives Sir Harry Atkinson a lease of power while any considerable balance of it remains unpledged, The best hope for New Zealand now does not lie in the pros- ■ pectof borrowed money coming into the Colony for unprofitable works, but in private millions finding their way here for investment in undertakings which are likely to prove profitable. The million of money which a syndicate is prepared to spend in developing the Auckland timber industry, and the introduction of outside money for promoting mining ventures, are welcome signs of a return of prosperity based upon better auspices than Government loans, It is said that the new taxation now proposed by Sir Harry Atkinson is more than the circumstances of the Colony absolutely demand. The same thing was said ten years ago, but we are 110 iV aware that retrenchment and new taxation did not go far enough then, and it is just as well to* mako certain that % Biifflcg this tiw,

Tho Trustees of tho Masterton Hospital will meet on Thursday, the 14th day of June, at 3,30 p.m M at tho Institute, Mr C.;P. Madsen being the onlyono nominated to fill the office of Warden of the Mauriceville lload Board, vacant by the retirement of Mr rV. Jessen, has boon declared duly elected,

The Rev. W. Rowso of Mastcrton preached a sermon to the Maoris in their native tongue on Sunday afternoon at the Wesloyan Ohurjli, Greytown. A lari'o number of Maoris were present. Notice is given of the intention of the Mauriceville Boad Board, at a meeting to bo held on the 30th June, to levy a general rate of fd in the £, on all the ■ rateable property within its district. John Mackay, for being drunk while in charge of a horse yesterday was brought before Mr Yon Stunner, R.M., this morning, and fined 20s or fortyeight hours, it being liis second offence. Mrs Dowling, proprietress of the Oxford House and Private Family Hotel situate in Queon-street, Masterton, has had a suite of rooms specially fitted up for the use of ladies. A first-class piano is provided to add to the home-like comforts. Every attention is paid to the comfort of boarders and others frequenting this establishment whilst the terms are moderate. A first-class table is always kept. An announcement appears in another column,

A child two and a half years of age, son of Captain McLean of the schooner " Crest of tho Wave" was severely burnt on Saturday night at Invercargill and died yesterday. His mother sent him into the sitting room while the other children were beiiiy washed and he was soon afterwards heard to cry out. His clothes were seen to be in a blaze. He received prompt attention but severe burns had by this time been inflicted, Tho only explanation is that tho child accidentally ignited its clothes at tho tire place. At a meeting of dairy factory representatives which was held on Satiirriay, at Invercargill, it was resolved to ask Government to delay the proposed appointment of Mr McCallum as Government dairy factory instructor and to furnish particulars as to the precise nature o; the appointm nt. Another meeting is to be held short'y when tho matter will be fully discussed; On Saturday morning at twenty minutes to live o'clock, a short but heavy shock of earthquake was folt in Mauriceville, ■ Without the slightest ivarning the ground seemed to be suddenly heaved up and trees in the bush were seen to sway and bend as if agitated by the wind, In Masterton also at about the same hour a a shock was experienced though of a milder character,

A Wasterton resident was an eyewitness of a very interesting and imposing ceremony at the Salvation Army Barracks, Taranaki-street, Wellington, on Sunday afternoou, the occasion being the presentation of colors to the Salvation Army Nativo Mission by Mrs Colonel Taylor. It is estimated that there were quite 2000 people present. In addition to numerous ollicci'3 of the Army, the platform was occupied by many prominent citizens. Amongst the number was Mr Buxton, M.H R. The Commission, consisting of Captain and Mrs HoJdaway commence operations in Upper Wanganui district, for which destination tliey left yesterday. Several Maoris, dressed in the Native costume, took part in the ceremonies. The farewell to the missionaries in the evening was also the occasion of a large and enthusiastic gatherin

The Literary Cliuiolnmu is responsible for the following story Two clergymen were walking on the cliffs near Morwentow, a village on the Cornish coast, when a gust (J wind robbed ono of them of his hut and carried it over the cliff, What became of it is best told by an extract from a religious paper, under the heading of " Remarkable Answer to Prayer" A preacher at Truro had mentioned in a sermon on Prayer that whilst travelling along the Cornish coast, near Momveiitow, ho bethought him that he had a shocking bad hat, and that he wouid very much like a new one before he entered the smart watering place of iiuda, " then I lifted up a prayer for a covering more suitablo to my head, At that silemu moment I raised my eyes and saw in the spacious firmancnt on high—tho blue eternal sky—a black spot. It. approached it largened, it widened and fell at my feet. It was a brand new hat by a Loudon maker, I cast my battered beaver to the waves, and walked into Buda with a new hat on my head." Unfortunately the original owner, though unable to follow his property over the face of the cliti, pursued it with his eyes, saw it appropriated by the pious wayfarer below, and subsequently sent his account of the affair to the papers. " The rascal was conveniently (leaf to my shouts," he said " and lie has still ot mv hat"

WoitKLNii-MiiN'.—Before yen begin your heavy spring work after a winter uf relaxation, your system needs cleansing and strengthening to prevent an attack of Ague, Billions or Spring Fever, or some other Spring sickness that unfits you for a season's work. You will save time, much sickness and groat expense if you will use one buttle of Dr. Soulc's American Hop Bitters in your family this month. Don't wait. "Burlington Hawkeve." A Good Hounbwifk.—The good housewife when giving her house its spring renovating, should bear in mind that the dear inmates of her house are more precious than many houses, and that their systems need cleansing by purifying the blood, regulating the stomach and bowels to prevent and cure the diseases arism g from spring malaria and miasma, and she must know that there is nothing that will do it so perfectly and surely as Dr. Soulc's American Hop Bitters, the purest and best of medicines. "Concord N. 11. Patriot,"

Good Housewives in nil parts of the country should always make it (heir business to ascertain where they can layout their money to the best advantage for all wearing apparel, for the every clay things that are required in the family, ami for all articles appertaining to the comfort and well being of the household. It is unnecessary to say, after all our advertising, that beyond controversy all these advantages are to be obtained at the Wholesale Family Drapery Warehouse, Te Ano House, Wellingto i. Is the matter of Winter Dress Fabrics we have over 30,000 yards of positively New Dress Material, varying in quality and style and ranging in price from -Is lid to »guineas per dress of not less than 12 yards each, In Mantles, Ulsters, Jerseys, Costumes and Millinery, wc have the largest and best stock in the Province, and all at Wholesale l'rices at Te Alio House, Wemixotox,

We have a grand lot of Blankets from 5s lid to 50s per pair, Quills, Carpets, Hearthrugs, and Linolouius in great variety, and lowest prices, Over 10,000 yards of Flannel in all makes, from -ljd to 3s per yard, and every description of Calicoes from Is (id to 10s (id per dozen yards at the Wholesale Family Drapery Warehouse, Te AroHouse, Wellington. What is of Importance to Country Hesidcnts who do not often visit town, wc will send patterns of any material desired, post free, and will execute carefully, and despatch promptly, any orders forwarded to James Smith, the Wholesale Family Drapery Warehouse, Tp, Ano Housk, Wellington,

Tire Public must please romember that we have no branch establishment anywhere in the country, and goods that are advortiscd can only be obtained at the Wholesale Drapery Warehouse, T« Ano House, Wellington,

The United States of America supply one-fourth of tho lead, one-fourth of tho copper, one-third of tho silvor, and onehalf of tho gold of the world, Dr Speer, who is celebrated for the scientific and speedy euro of chronic, nervous, and special diseases, has a new announcement on our front page of great interest to suffering humanity. Messrs Lowes and lorns sell at Darley's shed, Bannister-street to-morrow, some 420 sacks cats, saved from the late fire. The sale will be for whom it may concern, and without reserve,

A man named Patrick Murray was charged at Invercargill with attempting to shoot a settler named Wm. Fleming. He was bouud over to keep the peace for six months, but failing to find sureties went to gaol.

Michael Dowling was brought bofore Mr Von Sturmer this morning charged with wilfully damaging a house in Queenstreet, the property of tho Greytown Building Society. Ho was sentenced to six weeks hard labor in the Wellington gaol.

At a meeting of the Committee of the Masterton Philharmonio Society held last night, it was decided that Gilbert and Sullivan's opera " Pinafore" be put into rehearsal at once.

There was a very good atteudance at the weekly session of the Phoenix Lodge 1.0. G.T., ltst(Monday) night, One memwas re-obligated and a new member pro posed, The meeting cone'uded with harmony. The Hawera correspondent of tho N.Z, Times wires that Mr G. V. Bate, .J.P., exMayor of Hawera, and Clerk and Treasurer to tho Hawera County Council and Uoad Board, has been committed to-day, on three separate charges of ombnuzlinsr the County funds, to take his trial at the next sitting of the Supreme Court at New Plymouth some time in November next. The Standard regrets to learn that the Government have deteimined upon the removal of Constable Ecclcton from Greytown, and intend to put tho work upon Mr Scale, in addition to other duties. Tho public are feeling very strongly upon the matter, and will, wo believe, protest against tho town being left m an almost unprotected stato. Retrenchment has gone mad.

In addition to the throo cases admitted to the Masterton Hospital yesterday there are three others claiming the attention of the custodians, ftobt, lilaguirc, who has been in the Hospital for six wee.\s from the efl'ects of a gun shot wound, Drysdale suffering from sciatica has been in three weeks, and Murphy with disarrangement of the intestines lias been in for seven weeks, Our reporter paid a visit to the Hospital and found everything remarkably clean under the new management of Mr and Mrs Gwynne and the patients were being well looked after by Mr Williams who is in charge of the wards.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18880612.2.5

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume IX, Issue 2922, 12 June 1888, Page 2

Word count
Tapeke kupu
2,207

The Wairarapa Daily. TUESDAY, JUNE 12, 1888. A FINANCIAL PARALLEL. Wairarapa Daily Times, Volume IX, Issue 2922, 12 June 1888, Page 2

The Wairarapa Daily. TUESDAY, JUNE 12, 1888. A FINANCIAL PARALLEL. Wairarapa Daily Times, Volume IX, Issue 2922, 12 June 1888, Page 2

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