The Wairarapa Daily. TUESDAY, JANUARY 23, 1889. A Melbourne Land Swindle.

Wairarapa Daily Times, Volume X, Issue 3110, 23 January 1889, Page 2

The Wairarapa Daily. TUESDAY, JANUARY 23, 1889. A Melbourne Land Swindle.

The Hon Mr Larnach some months ago took upliis resideuco in Molbotirne and becamo a participator in some of tho big speculations by which our friends over the water are gaining or losing fortunes. He had tho misfortune to join a new the lioyal Standard Investment company, and to accept a position on its board as director. During n temporary absence from Melbourne he discovered that Ins honorable co! leagues had quietly sold to the Company properties more or less owned by themselves to the extent of over a quarter of a million of money, The Company appears, indeed, to have been inaugurated to relieve directors of cei tain bad and unsaleable properties which they had picked up during the land boom, but which they were unable, to place in the market by any legitimate process. Not only did these festive directors make the Company take over their own bail speculations, but they also distributed the shareholders' money in a manner which probably would be regarded by their constituents as rascally, Is'o ,less" a sum than. £5,000 was paid as brokerago to the managing director, aud-perlmps in no record of a public company, either in court of law or iu Jiotion, hits there been evidences of more open and Unblushing dishonesty, To the honor of Mr Larnach it may be said that he had the courage as well as the honesty to publicly expose the whole nefarious transaction, and gibbet his fellow directors who were responsible for the gross frauds that appear to have been We have before us a copy of the the 7th inst-which, comments Ina leading article on the Larnach disclosures after the mildest fashion of deprecation, In the course of a long leader there is not a word of honest indignation, not a strong expression which reprobjitfts an exceptional ''foul transaction, Ityl' ingfijijjep. tjje Argus mildly points out that the brokerage'fee paid was " obviously Hwcessive," and 'his is all it has to say on this item.' the conduct of the. directors in selling lsfid themselves js described as "(tppmrimi to -U a breach of mjiiejice," and ihp artiplij gravely proppeds to show how in'the interests.ot tiie shareholders such methods pftransnetjng businesss wore' open to objection, TJje article poneludes by. a suggestion that the Legislate should bo asked fo step in and pass a more stridgentdaw for the guidance of directors, It is quite ■evident from the tone of tho Argus that public opinion in Melbourne is adverse t? tlie exposure of fraudulent Pf dishonest dealing!! iu laud. The action of the directors of theHoyil! Standard luyestiipit 'Compauy. was sueh tktno respectable journal could countenance it, and the Argus had no alternative but to censure tiie'transaction. There is, however, q, '".blessing with mild blame," aswolliisa "damning with faint praise," and the leading Melbourne papor has undoubtedly phrazed its lecturo on the former hues, 'Die length, .breadth, and dopth of the land swindles of yjctori a yet remain to he .explored, and ho dojjbt there are' many, other glaring, instances besides that which a New Zealand ogtsjdpj.' it his business to expose. lladjjr Lapa'ch served his 'business apprenticeship in Jlelbourne, ho would probably hive contented himself by making aprivate profit out of tho jobbery which'he discovered. llptijpce' ani concealment will not, however, p,ifch upthe wrongdoingsof., Melbpupjie;:- laudj speculators, and Scouer. or. later the] day, pf : '.. will i ilijDvitiably {:

arave, Melbourne ifi said to be wealthy' enough-- ; to' tide oyer - the reactioh eoiisequeht boom, but judging by t-be-toiie of tliti Argua tliO; people jbefe are, with all : tb eir situation. .-"' : ' ■' -1-\ v': ;: ''

' The.H.M. Calliopa,ltjffc Wellington on Monday last .for Samoa, to tako part in the Siimoaii difficulty.; •. . : .v; Mr I". Hi :Wopd adds'to his catalogue 1 for hia next Tiimtahi stock sale, sixty 1 good ccossbretl ewes and forty lambs. - ' Young Heading pf Carterton won. the Aiihivorsary 'Handicap of lii at yesterday's spurts. ' : ; r 'Mr James Mlicara's Rollo (Cnrr)-.won the Wairarapa Cup of sixty sovs. at Sloroa. yesterday; Tins is the second time he has,won tlio Cup. • ' At the Greyiiioutli cattlo sale',on. Monday, the market waa glutted—l7o buHocks'werdputup, 80 were unsold, Tho siiine with sheep.. Best beof, prime 17s to 17sOd per 1001b; heavy weights, Ids; best wethers, lis Cd; lambs lis !)d. . v

•'Captain" and Mrs Condon of. the (Salvation Army, loft Masterton to-day for Hawera,

Tho 1 Equitable Building and Investment Company, of Wellington, after paying a dividend at tho. rate of ten por cent per annum have a.balance to profit and loss account of £216514s Id. . On Friday - last the s.s, Euapohu left Wellington for England'with a shipment. of frozen meat. She' had on board, 11,000 carcases of - sheep, 1800 lambs, and-a 1 number of heads, tails, kidneys,

: Prince Constantino of Greece, is only Duko of Sparta by tho creation of his father, the king..The Greek Parliament decline io permit any titles of nobility, and only.allow their .monarch's son's to be called princes by courtesy, ,

Tenders to close at the Office of the Cashpoint Road. Board, -Tinui, on Saturday next, 26tli iilst, aro invited for metalling about 145 chains -of tlio Muimapakeha to Uriti Itoad.' Further particulars can be obtaiucd'at the County Council Office, MastCrlon. About one hundred persons sat down to tea at the Salvation Array Barracks yesterday. At the opon meeting after-, wards which was ,vell attended, addresses were delivered by Captain's Condon and Robins}!). A coffee supper held at tho close of -the, meeting was highly appreciated.

T'ho Masterton Corps .of tho Salvation Aruiy marched in procession through tho streets last night aud pulled up at the Post Office comer whore the officors in charge commenced to "hold tortli,' A* they refused to move on when requested by the police, Sergeant Price took the names of the ring leaders with a view to introducing them to tho tendor mercies of Mr Von Sturmer 'It,M.

One or two good dividends were paid at tlio Wairarapa Jockey Clubs meeting yesterday. In tho Maiden Hack race out of 131 ui tho totalisator only six spotted the winner and they were rewarded with adiv. of Ll9 13. For the ' Wairarapa Cup out 218 twenty-one were on tlio winner and L 9 Os was paid them, whilst the Moroa' Handicap had nineteen on the winner out of 112 and paid L 5 os, and Chronosin the Handicap Hack Race paid Ll4 12s, It was recently mentioned in a telegram that Her. Majesty the Quesnhad sent au order fur some Victorian wine to the Australian Wine Company, in aanover-srjuare,'London. The original order has been sent out. -in the belief that it would interest,the vignerons of those colonies.--' It was for six dozon of white Hermitage, of the vintage of 1884; and tho wiiio from the vineyard of M, doPury, of Yerinyberg, on tho Upper Yarra. The .Lord Steward: of Hpr Majesty's Household, the Earl of Mount Edgcumbe, at the same tiiqo directed .that somo of' t|ie same wine should bo ordered for his own table.

-.-Attho larye Native meeting hold at Galatea, up the river, on Clirislmas, a now association, to bo. known as tho Maori Relief Association, was formed The objects of this body aro stated in a formidable looking prospectus that is drawn up in Maori and English.--It provides for a high chief) and Major Kemp has been elected; and then come tho council, chiefs of all the lrapus on the riyer. There are working and honorary members, scales of fees; and an oath Mo bo solemnly subscribed, Wo are -not ipiite clear ytt about t-he objects of the Association. It will uiulei'tako buying and selling goods, advancing money to Mauris who require it, getting lund surveyed, apd generally assisting tho Maori race. The idea appears to have taken, for something like £BOO have already been subscribed and banked.— Wanganni Herald, A return of tho postal note circulation mid business dono at t|ie- sovoral postal districts of New Zealand for the quarter ending 31st December, 1888, appeal's in the last Gazette. Tho total amount of postal notes sold ,is £l-1,598 15s BJd, being nearly £2,000 in excess of the amount sold for the samo period of the preceding year. Auckland, with 09 offices, sold during tho last quarter, J.26so,being thelargest amountreco: dd; whilst Wellington, with only i) 0 offices, was the next highest, £2,107 odd The postal revenue returns for tho same perioil give Auoklaiid ftt tho liond of j affairs,'and Wellington second, ~l a tlio revenue derived from telegrams, Wellington stands. highest,, with Auckland next oil the list, The amount of S:ivingi Hank deposits was greatest iu Christchurch, being til), 888, Wellington coming next with .11)2,900 .In the lattur district, tho, withdrawals were. £2,672 in excess of the deposits, whilst iu Christchurch the reverse was the case, by £4,000 or so. Tliu total excess of deposits over withdrawals throughout the Colony was Lti.o,ooo in round numbers. . ... 1

Wjtli regard to tho London market, iu Indian tea, Hcssrs tieorae VVliup & Go,, report, undor dato 22nd November, as follows:—Although thequantity brought to auction lias not been oxcessivo (rather over 110,000' packages) a (juiet tone has pervaded the market, and prices, ex;ept for finest,.liavo'shown tideclino, .Common to fair pekoo souchongs and broken tojii-i in demand, have scarcely. reaiisiili'. tJ|ii pri&g (jujirqafe |aj{ week, hi|t common and'medium pekoe?and broken pekoes, cspecially'thoso'. of poor: liiiuor, havo niet with leas competition, many sales'showing a decline of. id to lib per lb.' Tho demand, is principally fpr jirjee, and, as % supply ot;pekoe I so|ip!)o]jg aii|[ broken tea is fnsu(ijoie(|t, the tritdes have loiveroi] tjieir ideas for the grades above them to' average their purchases, T|ip uiiprecedentediy low rapjfe now reached for these teaßj must, however, : stimulate' consumption, and should arrivals be of: better tjuiilifcy.'n ro-aption may be• looked for, ere long. Fiuost tippy,, brokon pekoes and orange pokes, 'uwing to their couiparative scarcity, have sold at high figures, raiding from Us to 2s 8d per lb." : During the past month our showroiin \vs diilya tnuled by largo numbers-.of' ladies intent.on inspecting, and purchasing tiiii atti'gctive items in the millinery and mantle departmenls lit. To Aro House Wellington. ■ :. ju iiill'iiicry. wo f<i|t(ji;nts jn being abio to c> iwtly suit l|ie tasle of tin? lj»|rQnf, iind fjr stylo, Miifllii pi) tho l|arn'ii.'i]io:is bjeivling Oolifirs, we arc as yet uiiriv'iMl iii the oily, We have/jtiil t|io sanie ability mitl nw.'s ittotirgoranipil, ai|d'ilnrii)gtji'e present monfli s!|a|i'slioy. gonjb .qpeuiai novelties in ladii!o fiiDini' d hit!/,at Te Aro House, Wellington, .' • '.

Our mantle aim eoMuihe department ta also Ueeii thu scene of yrcat aclivily. ■ JV'o .have sold iin amazing ;num'iisr. : ./if ladies'and nian'lej of the must fashionable desoriptiin, and our costumes h we been the subjects of lmicli- admiration ' at To ijyrti lions?, Wellington. ■ .• Vy r e have a very choice lot of ladies' coslames, jn all dpriptioiis of . fabrics; ancUn a, gi-eaj; vai'fety'of pßlilWlifWS lnlsiitg I'i'intSi "t'eei! - broclie, Swiss embuiodevt'd,- voiijbg.'i .Pongea -ind Liberty Bilks, ranging: from .5h fla to ci'mneiis, at To Aro ITouss, Wellington, ■ - 9 -Wo coirdiallv invite aiiyviaitors fi om tlw country wbo may be staying for a v.hilc in tli6;city : io visitoui ; .ahw)Nvrpo'n< ivft'iiuvory: attention and civil ily will be'slid «'ii J ith - out attempting, to press purees, at T? ; ArtHouse, Wollm.iloa.-i-Apvv.;

mstontp the' Vato^jufl^hip^jppJaß' roiiiXKli'A 1% Jiiiife goud | running, in. ithq; filial'lor. ' the Anniy.erairy Handicap . - un- : fortuiiatoly piifc his hip out o5 joint- Dr Johnston' who ..was on thu ground rendered every; Doctor giycsit'as hia opinioii that D'Arcy .Avi|l j not he able h) t-sko pstrb in ftflilutio sports for at least twelve months, : .:v ; -'..i

, Sydney papers mentiona singular : incident in connection witli.thoiiiiisluof a liandicap.at the South GraftpiY,] ockey Club.paces. ; The winiicr \vtV3. disqualified, (jiythb grouiid of short , woiglit, it b?mg pleaded ' that a lead had been dropperl 'after 'passing ■tho. post, V The second; horse, was s ulso dispualificd, through its jockey - dismounting before beiug officially ordered ,to do so. The stakes were accordingly awarded to the third horse. , Both cases aro, however to bo carried to the Australian - Jockey Club committee, 1 on appeal. '; . It ' is strani'o . the great want of consideration for others displayed by some people at public entertainments.' During one of-Madame -MorleyV best songs, tho audience, in tlio front soats were aiiuoyed by this giggling and chattering of a '.'roup of young ladies who certainly ought 'to havo 1 known better, and • later on two instrumentalists iu the back wevo holding a rather loud conversation wluoh, though doubtless very .'interesting' to themselves, must havo*been a great liuisancelo those who wished to listen to the entertainment.

A conference of State School Inspectors ,vill probably. be held in Mellipurno durins; Uie course of tlio present month. The practice of meeting for consultation each year after the, Christmas^holidays,: and bofore the schools re-open for work, lias been adopted by tho Inspectors with the most beneficial results. Oil such occasions the work of tho previous twelve months is reviewed, and suggestions aro made in regard to tlio oversight to be exorcised in the schools during the .ensuing year. _ At tho. torthcomii.g conference attention will chiefly be given to the revised programme, which has been ill force in Stato Schools during the year just closed, The Ureytowii Wesleyan Circuit Picnic which was held at Mr Jones farm, Matarawa, yesterday ivas well attended by fully four hundred person, a largo number of tho visitora travelling from Masteitou imd Carterton by rail,' The spot chosen afforded plenty of shelter, so much so that theintonse heat winch was almost unbearable in other parte of the Valley, was scarcely noticeable. The usual outdoor sports was kept up without intermission during the day, in which both young ami o'd appeared to thoroughly enjoy thcmscli'es. Among the most conspicuous who - worked hard to make the gathering a success, we noticed the Rev. Mr Dellow, Messrs Weston (2), K. Y. Shearer, H, Udy, Wilkie, Seth,G, Fairbrotherj Mesdaines Callistir, Neilson,undMissesHawkoand Tho lofriishiuents which were of tho choicest were under the chargo of Mrs AVhyte, of Carterton. The following "tall yam" appeared in the New York Tribune ;-A traveller tells the following story to illustrate the insensibility iif Maoris to pain. . "My friend," he says, "hud given a 'Maori a pair of boots, but tlioy were to short for him.. For some time, ho 1 tried 'to force them oil, hut this was impossible ; so lie seized a-small tomahawk (hatchet) and cut of his large too to the length .of his other toea, ami then applied somo juice of the flax plant ("Phormium tenax") to tho cut to stop tho bleeding, and pulled on tlio boot, which was nut removed till the toe healed. He put. on .'.tho other boot after a similar ■ operation. I have known several instances, which appear to prove that the Mioris aro less sensible to pain than Europeans." At a meeting in Melbourne of the friends of Mr W. K, Thomson, who has been recently compelled to seek the protecta of the Bankruptcy Court, Mr James M'Bain, who presided, said tliero had beeii no more active or energetic man in the colouies for tho. last. thirtyfive years than Mr Thomson,, Tliero had been no good work in which lie had not engaged.-,(Hear, liear.) Be was a man of generous impulses, and always ready to'assist any: ono in misfortune; and there was a widespread feeling of sympathy with him in his present position. The position of the family at present was that not a single penny was left out of what had been a large fortune.It had all ?one in investment which had turned out disastrously for Mr Thomson and his family. After some- discussion as to the mannor in which Mr Thomson should be assisted, the sum of L3OIO was subscribed iu tlio room for the family. '

Intelligence, reached Chester ol tlio 1 death in Brooklyn. of Harry Yaughan, the well-known champion walker of England. Born in Cheater in 1848, Vaughau, at an early age, manifested extraordinary pedestrian poiver, but his J boat feats were done in 1875 and 1870. [ lii May, 1870, ho beat Howes at tho ' Agricultural-Hall, Lonc'on, covering ; 120 miles in 2'lj hours. His next performance was also in the Metropolis wliou lie wan second to Hyde of Wool--1 rich in a fifty mile race. Afterwards j Vaughan beat. Grassland of Scotland, at: Pomonn Gordons, Mauchcstor, for tlio title (if champion forty-eiglit hours walker of England. What, however, is considered as Vaughan's greatest foat 1 was witnessed when he ,mofc Diinicll ; O'Loary, tlio American, in a' six days " go-as-you-please" contest, and came in I second with ftiacord of OUO miles to. O'Leary's 520. Some years later, having crossed the Atlantic, the Chester mun beat O'Learyon his native soil, and this was his last performance. Two months ago Yaughan was stricken with illness, and this developed into .consumption to • which he speedily succumbed. Signor Morloy was very unfortunate in his choice of itu evening for his initial performance in Masterton. Owing to the heavy coun tor attractions iu .the shape of races, excursions to Wellington and .Carterton, fa, the attendant wa s s far I rpiii sajisfactqry, and lp seouis'tt p.ify. that iu a town boasting of so much amateur musical talent as this, that when artists Motile Signor and his-wile pay ,us a visit that they aro not better supported, Those who did go, : however, were well rewarded for thoirtrouble, as the programme, which was one of the best that, lias been presented her?- lyiij gouo ■ 't!!i'oit<|h - Owing to tlio two leading violinists not turning up^the'ojiening overture had to bo omitted. . Hon' Keisenborg did tho best he; could under the" circumstances and gave aii.iiistiumeiital selection without them, Mr ' %ay opened with that- lino song of Bipjtjs " Tho' Bugler," ijiss B/Tiirnpr fo]liiived with a' prolty little ballad,- Signor Morley then gave his-, first number, '• Thou art so near 1 ' ,and in lwponse hr . vociferous encore. sang Dibdoiis'Bay of Biscay," and fairly brought down the.houso l>;r lus dramatic' -rendering of. this grand oldeoiig.'"-'Mrs Cr, Hopper then sang Gabriel's "Ship Boy's Letter" in her usual finished manner. ;tnd MrGant was'very .happy in his rendering of "Tlio Friar": of Orders Orey." Jliulanie Morley then made her debut, and gave the aria of ltossini's, " Una Yoee," ! in ii maimer that at once stamped.her as tlio'most, finished lady . vocalist that lias visited the Wtiirarapa,: her beautiful clear, voice aiid' wonderful range tolling' with offept; in the I'arlpjjs Itonte she contributed to the programme, In response to an encore, . she sang the o]d ballad "Home. Sweet. Home,". i(ud jt was evidently oven hotter apprpfliaftd.' tlpi, tho' nioro i.brilliant effort. Jito instrumental duct.had to be omitted, owingto the absence of the violinist, and Madame mid Signor Morley wound up the first jvn-fc witli-the . beautiful duet " Oh,. Muritana.'' The second part was ttiaiiily supported by the. two, principal'- attists,. who. .gave ' V«if»ui,iiouMei iinml^;;wM''«gMten'n, > the '■ most lioticeatlq/.beuig\>thbi- duet Sainted Mother" byMesdames Morley .Hooper, ; arid Bishop's '!-Bid Mo Pisepurse" by Madame jrofloy, wl|ic]i, 'in o'iir pinion,; . t|io" ,of thJj' • OFiiin?'/ The Coneort termin^tecltwith an opdratio finale of tlip'Signor's own composition, '" Tho Mock Baron,"- and l j.tiie'audience left'well-satisfied'HvitK tlief ;^eyehiiig ! s.ont«r&iiimOhti aiid we havoW'i. ijoubt that -should Sigiior Morley give anofher, he.wijl lie r#»rded ; Housq. . -:-v

prqclucb aiiij poultry jadl6" for Saturday next. •; V' : ' • r Ouc reporl.of the Kuripuni Wealeyan .putoiMy Annivet'savy is' Wwded tofibijmNrli £§ud.* » ; :Tlie Gorman giinboafcEber • lias : received clespatclics from Berlin, and leaves Auckland for SanJiw to-day.'-1 • ; i ■ Admiral Fairfax arranged' to .-pay a visit tii Masierton this week, but other' jiavo'preyented hiin for,the otit" hid-inteniioii'.: -Touders for the erection of a cottage for Mr Pierce. Cotter juur, I'clttao v .T6iiderS."liuiy.; be' left: nfc /this'office '■\-'r;/V V*i

The aimu'al-public meeting iii counectioniTfitlx the.Ceinetevy Trnstwill be held in tJie.Teinporanoe Hall oiiThurs-. day, January 24th; at 4 p.tn, when li atatemeut of accounts for .tbeyenx* elided .Decmnbori3lst,lßßß, will be submitted. • A great many. Wairarapa.resident's, took advantage of the cho%" excursion' .trianti'.da to viaifc tho'.Enipiro Oity and warded by'a .sight of the'.regatta and a distant view, of tlie a'iurtdr6iui-;Tliere: were, otlior sports and' pastiincs in greaV Variety during tlie day. ;;

A slip on the Forty-mile biish road near. Mrs Dorset's' prevtmtVdKwb'eel traffio .from"passing ;yestei'da}'j ; ;'but did ' not interfete. > wiili /liorsmeu; Mr % B(jemher;. who vent through that way on liis 'road to the Titaumca .district .this morning, will' no_ doubt give it his prompt attention. /;'• ' .vi : Just before the competitors started tilting at the ring .'yesterday p'\ librae, ridden by Mr A, Grant started to play up'amongst the. crowd. .'The rider was thrown, and landed on his . feet unhurt. Mr Beechoy who was standing -liy was knocked up against a post aud rendered partly insensible foi homo time whilst one or'two #thers received bruises' and abrasions'before the animal was secured. Miss Watson notifies that licr school will re-open on Monday next, Jaiiuary 28th, ■, Miss Watson, will be at home ill Church-street' evory. afternoon for the remainder of the week to reemve the parents of pupils.. , ,

Mi E, H, "Wood's catalogue foi- his Taratahl stoclc salo on Thursday-January. 31st appears in niiothei'column. It contains COO sheep aud lmubs assorted, in addition to a number of cattle and liovscs. Furthsr entries are invited,

Mr George Townsend, senr., intimates, in another column that ho has taken over the.'faueru smithy." Mr'l'owiiseiicf's capabilities as a wheelwright are well known and,us he has secured the sorvices of a first class blacksmith, we have no doubt his enterprise will bo ruwardod by doing a thriving business. On Monday evening a little four year old child of Mr J Wickcns was' playhg near tlio MilJJStreain, a splash was heard and.tho child was seen floundering in the deep water. Immediately on hearing the alarm Mr W, M.Eastliope ran to the rescuo and succeeded in pulling the little one out just as itwasgoin? down , for 'the third time. Tho coucort in connection with the Carterton Athletic Sports \Vas well patronisod at the Lyceum Hall. There wero about 300 present. The vocal performers were Miss Armstrong, Miss Ellen lluekeridge, and Messrs S. H. Wickerson, F, Thompson,' Lovick, Birrell, MacFavlane, and ,T. fiatlibone. The concert lasted till about 10.80 when the hall was cleared for dancing for those who were disposed to stay.' Mr 11. Potts presided at tho harmonium, and Mr Lundqvist at the violin. The promoters of the sports aud '-entertainment aro tu bo congratulated on their successful undertaking.