The Wairarapa Daily WEDNESDAY, SEPT 25, 1899. THE SCARCITY OF MONEY.

Wairarapa Daily Times, Volume X, Issue 3318, 25 September 1889, Page 2

The Wairarapa Daily WEDNESDAY, SEPT 25, 1899. THE SCARCITY OF MONEY.

Though the cloud of depression is supposed to have partially lifted then are many persons who doubt wliethe the tide has turned owing to tli scarcity of money in the community A southern contemporary points on that while the banks have bee; extending their advances in neigh boring colonies they lmye been con trading them in Now Zealand Within ut single twelve months i this colony, they have called in con siderably over a million of money and only those who have been accd tomcd to use borrowed capital cai understand the difficulty with whio| the means are found to repay tit lenders. Not only banks but privai financiers bave been draining thi

colony of capital which lmd bedi previously invested hero, ami tli strain has been severely folt, ai l still presses upon tho communit, The gain of tho increased product, and the better prices for tliei, appear to have been absorbed by 13 domands for repayments. This'is, f course, only a passing cloud whi 1 will eventually do good to i)s. It s a severe teat which iye aro calld' upon to stand, but our resources lie equal to tho b l tas put upon tlui, and wo shall get along for awli'e with diminished capital, Wo ne now learning a lesson of self-depa-dence, and tho outcome will bo tlit n shall be more careful with' ar own money, iiilu f'wn wther tlin pom jifjvauces fiom outside, OijJ that" the jn.onai ! c}is of the mony market find that we can do withcit their assistance, they will he di* obedient humble wvants, and bo is anxious to make advanced 45 tl iy recently havo been to withdraw tlu a. The fatal facilities for borrowig money which, colonists have eiij'oj ut in the past, have, intbe case of thee who hitve come to grief, beou tie primary cause of their downfill, 11 old times a man might pnduro privation, but it was difficult for him to be ruined. Sir Walter Scott rating of one of liis horoes who formed cold, sterile land in the seventeenth century, remarked H in more modern times lie wmld have besoms bankrupt. Ho wo.iU havo got a bapk firedit, mWuvril with bills, dashed out upoii a lar/e scale, and soon havo seen liis bp stock sequestered by the skiff; but in those days a man auld not ruiu himself so easily. The vhole Scottish tenantry stood 'upon tii> samS ]oyel flat of poverty, so tiat it was extremely difficult to find f.ny vantage ground by climbing up fo whlch°a man might havo an opportunity of actually breaking his neck wjth some eclat, They were prctWuch in the situation of people wlioMieing, totally without credit, may ijdeed suffer from indigence, but become bankrupt. the loss of credit tbo colony now sustains a of inconvenience promises-1 0 j( S salvation. Unlike the tenants of old their bacfe-'vicb and must iftfimately pi abovethe dull notbreak.theirncck^°™-horrow. ing. Thai they Kr OSo ln 'he

present duulition ope colony is a | liftppy and though m may dcpko an obpns deficiency in tho cu'ciittion of ridy money in the comunmijy, wo stif believe that the tide has jurned am that a new and i better era,of prosnvity has set in. - An omt policy ujeung of tho Thistle Lodge, G-l, E. 0,, I convened fur this | ovoniiig, I A. inceny of llio MastorU.' Park Trustees iiconvecod for Thursday, Oct. 3rd m the\!ouiicrl Chambers.- . A inuot ig of fclio Bketalmiw Cricket Club ia catted for next Friday evonitig. Members nid tliosc wishing to join are invited tojattend. Mr I l ', ]!. Wood's ordinary fortnightly stock aal takes place to-morrow at Taratahi. His varied cataiupuc appears 1 1 in the lisi il column. A public meeting for tlio purpose o' discussing thopresoiit system of ndininis. trating tlio Babbit Act will bo held in Xheatro this evening. A skatinp. carnival will lie held on Saturdn/ next at tho JEkotaiiuna Town , Hall, fazes to bo given tj the two best skate*Olnnnl Roberts RJI, intimated at Cif-tei'ton yesterday that in future ho vould not allow costs on either Bide in . easei heard bofovo him of breaches of tlio Itabbit Act. Tenders avo invited by the Eketahuna Road Board for grading about fifteen miles.of road in the Wellington Speoial. Settlement No I Block and tho Mahqaono Valley, and preparing working plans and specifications for formation of same, nitli bridges and culverts. Messrs Lowes and lorns will sell on the premises, to-morrow, tho equity of redemption of the Eagle Brewery, Queen-street, Mastcrtou; tho goudwill of the lease of Town Aero ko 42, and ' the whole of the brewing plant, utensils, i and sundries, The sale being by order ot the Official Assignee m bankruptcy, i there will bo no roserve. 1 It is notified olaowhero by the pro- ' prietor, Mr A, Malber?, that the Eke--1 taliuna Town Hall may bo hired by . travelling companies or for balls, parties, public meetings, etc., at moderate 3 charges. The hall ia commodious, and ' fitted with every convenience. 'Alfredton will soon be able to boast a shop. Mr 0. J. 'frapp, of that wellJ known city, is now busily engaged in opening nut his stores. Ho intends to j be the pioneer storekeeper, and this j, after tho place has been settled 27 years.

Anglers will be pleased to learn that lie young fish liberated in several of the 'arty Milo Bush streams a year or two j go are rapidly developing into sizo, A taterton resident noticed two or three i ine lish fully twolvo inches long in tlio Uakakahi a few days ago. A nurabov if trout have also been seen in the [(opuarangi near Mr Ohrk's house, the jthor Bido of Dryertown, McssrsF, W. Templet Co,, announco in auction salo at their rooms for Saturday next conimoucing at half-past ono o'clock. The catalogue comprises morchandiso, produce, furniture, drapery boots and sundries. The firm also announce that they will hold periodical sales.of stock of every description in tlio yards lately in tlio occupation of Mr F. H. Wood, near the Mastertou Hospital. Mrs William Macara,. mother of Mr James Macara, of this town, died this morning in her seventy-eighth year. The deceased lady was a native of Scotland, and has been a resident ot New Zealand for some twenty-threo years, In November last she was deprived of speech and almost of life by a paralytic stroko but rallied from that attack, and though she nevor regained her voice she was able.to get about again. She bore subsequently a long and distressing illness with exemplary patience and fortitude. The ' late Mrs Mawr"'--"--' —ourvivw >u,r. | a perhaps the oldest inhabitant of the town, being in his ninety-first year. The funeral ia arranged to tako place on Saturday afternoon, Mr Andrews, the Registrar-General of

South Australia, retires with one year's salary au,d a retiring nllownnoo of .t'doou. Chinese importers in Melbourne 1 strongly object to tho now duty on egss imported into Victoria, It Ims transpired that thoy have boon in tho habit of importiug preserved eggs from China.

in liis report on tlin result of tho rainfall of 1888 in New South Wales, Mr H, 0. Russell says that that year stands out as tho driest upon record, and instrilcingcontrast with23BG, the wettest on record, , The King of Siatn was recently presont at the cremation of Phia Tama Saranft, and himself lighted the pyre. A great many European ladies and gentlemen also attended in order to show thc-ir respect to the deceased. For the interprnvinsial band contests at the Dunedin Exhibition entries closed with eloven bands;—Wo'idvillc, Marton Royal ltillo, Invorcargill Garrison, Dunedin Engineers, Caversham, Oniuaru Garrison, Oamaru City,Timaru Garrison, 13urnham, Sydenham, Stannioro Garrison and Addington Workshops. It is stated that hereafter the boats to be carried by Atlantic steamers instead of boing made of wood will Ijo made of iteel in ono piece, Wooden boats rot and are easily crushed. The new boats will bo built by machinery especially mado for tooling tlwm out in all sizes in a singlo plato. A sum of £17,310 was paid to tho Victorian Government as probate duty on tho estate of tho lato Mr John Wilson, of Woodlands, whoso estate was valued at £316,807. Another sum of £12,699 was paid in tbo estate was valued at £12,099 was paid in the cstato of the late Charles Campbell, M.L.O. No portion of the Upper Sahara is less than 1300 ft high. Most of tho lower reaches from 200 ft to 300 ft, The two spots below sea level consist of tho beds of ancient lakes, noiV much shrunk by evaporation, owing to tho present rainless condition of the country; the soil around toe is deep in gypsum, end the wator itsolf is considerably sailer than the sea,

It 13 !?'d tblt a powerful American syndicate is about to bo formed for the purpose: of building railroads in Siberia. Besides a large subsidy, the 'Government will give 4,00l),000 roubles yearly for the transportation of mails and convicts, Tlioto is ono bar-room in' New York the decoration and fiirnitur.o of which cost £IO,OOO. There aro sqores of thein thai .I' 8 "tied U P ® expense of over £IO,OOO each, The mo for old Cremonas in England at tho present time threatens to rival tho notorious speculative craze for Dutch bulbs. TJIO possessor of a ronowned (jddle in Scotland intimate? that he is prepared to part with Ins vjolin forthotrilloof£Booo. Negroes increase far moro rapidly than and thus there I 3 no small reason to fear that tho ivhole of the Southern States may practically tall into the nauds of a half-educated coloured population. To realiso what this means we must remember that one of tbo most appaling thinss about the condition of Hiyti'i? th? fj';t that men and women belonging to tho educated classes, aud possessed of a fairly thick veneer of cultivation, indulge in secret in the most hideous psac!:» barbarism,-Specta-

' or ' • - 1 1 Uocd news from Wellington, - 11 " quito true, you can get a splendid harmonium from L 5, piano or organ from LIS, organ with divided octave couplara all in solid black walnut cases from Ll7. This beats all the cheapest 'iwuses in town, l'ianos tuned for 7s, or by tlw year four visits LI, travelling expenses added. 'All kinds of musical instruments tuned, cleaned, and repaired how reeds put in accurdeons, concertinas, harmoniums, and organs; olso liberal exchanges made. Any instrament nmy be purchased on the time payment system .Nhi 2s Oil per week. Call and .raeliaiigo your old piano for a new one at I<\ J, Pinny's Musical Instrument J'enot, fltmnora-streot, Wellington, Solir of the celebrated Worcester orpans.)-Ai«i |

Tho insurance case, Mrs Dorsot v | New Zcnliiud Insurance Company to concluded yesterday, and certain points resocycd fur consideration, TIIO sittings oE tlio Diocesan Synod havo commenced in Wellington.: The Presidential address was read -yesterday aituriioon and ordered to be printed. The Wairarapa North County Council invite tenders fur twonty-throo chains of road formation and metalling at Eketa-1 linna township,. . ■ \ve have recoived an exceedingly long letter from Mr Neale which, is not of lullicient interest to the general public to.watMutiUiuaertiiiu. . -■ Tlio Mastorton llifli) Volunteers parade for inspection,on Thursday at the Drill Shed, liall-st, at 7.30 p.m. l Class-firing commences at six a.m. on Thursday and , Friday mornings, Non-commissioned

oflicors parade to-nighl. A Masterton correspondent, writes Tlio fowl snappers should now keep both eyes open as there are two kinds of bull dogs waiting and they must not bo surprised if they have to carry home something smaller and heavier than.fowls. Ou£ fowl house Iwb been stripped lately of two prize fowls, another of three duto, and two hens taken, off their chickens.

A quantity of imported boots ard drapery, detained by the Customs at Lyttelton and removed to Ohristclmrch, are said to be in dispute between the importers and the Customs as to the duty, Mr Shannon, the Customs export was there last week investigating, and the seizure is probably duo to his action. Tlio' Ckristchurcli Amateur Opera Company received a notice from Mr Gillon, of Wellington, that Williamson, Garner, and Musgrovo rofuso to allow amateurs to perfonn any of Gilbert and Sullivan's oporas fur somo time. Tho amateurs are indignant, and will probably contest tlio question, as they have always paid copyright fees. They will probably test the matter with a view of seeing if such boycotting can bo carried on when fees are tendered. At a meeting ot lodge St. Andrew's S, 0., Auckland. Brother Macrae, on behalf of tho late Bro Mr Justice Gillies, presented to the lodeo a Freuch manuscript of Freemasonry ovor 100 years old supposed to be tho original litual of tho Grand Oriout of France. This was accompanied by a manuscript transla-

tion by -Bru. Whitcombe. Besides Its documentary worth.tlio manuscript has a

ligli monetary value. Lodgo St Andrew

passed n. resolution of congratulation to Bro, the Duke of Fife on his marriage with the Princess Louiso.

A. Club, on the linos of the Olympic of Sau Francisco, has boon inaugurated

in Syduey (says the Beforee) by an exmember of that flourishing institution. Tlio Club will be called the Olympic of Sydney. Tho premises known as tlio old Masonis Hall, back of the Masonic Hotel in York Street, liavo boon secured and nro moat suitable for the pnrposo, tho Club-room being largo and well vontilated, and the offices convenient. Four competent teachers for wrestling, lencing, buxini;, and general gymnastics liavo been secured and tlio best kind of apparatus lias been erected, and tho Olympic promises to fill a long-felt want. A legacy of £IOO,OOO was recontly loft by a Now York lady for tho purpose of establishing a fund to enablo pour families to have a short summer outiug free of expanse. A Fresh Air Fund lias existed for sorao years in cities of the United States, but tor tho benefit of children only. In Paris, also, and in several other cities on the Continent associations have beou formed to give tho children of tho slums ft tasto of the joys of country. A Home paper stales that from the eucalyptus the black bees are producing a honey which, containing 02 pijr cent, of sugar and 18 por cent, of tho essential properties cf that tree, has already proved itself to bo a capital antiseptic,an admirable substituo for cod liver oil in dies' and n usoful wWt.ivn in cases of heart affection, Tho postal tubes betweon Dover and Calais (two in number) will bo a yard in diameter, and the letters, &c., will be 1 convoyed by a little railway with cars i capable of carrying 4501b in weight. No f parcel of greater weight than this will bo token, and the cost is estimated at tho i modest fmuro of £1,000,000.

Tho London Daily Telegraph has tho following"Dr Johnson's retort, when told tlwt Scotland had some 'fine prospects'.in it is woll-known, Tho sago replied that tho finest prospect a Scotchman over saw was 'tee road that led him into England, 1 Por England substitute Wimbledon, and for Scotchman generally put {Scotch volunteers, and there aeoma a modicum of truth in tlio saying, The Scotch contingent of shooters numbered, it appoars from a return just issued, one-sixth out of the total competitors, yet they carried oil nearly a third of tho available prize mon6y. Is it patriotism, Sco'.ch, or oatmeal porridge which produces results like this!"

Speaking at Paddington recently, Mr John Dillon said his experience of Australia had shown him that tho working man lioro was moro favorably situated than his lellows in any other country which he had visited. The Manga atua (Woodville) School Committee are at loggerheads as to whether the chairman and two members cannot be compelled to send their children to a public instead of a private school, and legal opinion is to be taken upon tho subject, London has 7,000 miles of street—and if you walked them at tho rate of 20' miles a day you would have to walk almost a year-and more than a year by nearly 50 days if.you should rest on Sundays. And if you wore a thirsty sort of traveller, and couldn't pass a public houso, don't bo alarmed—tho 7,000 niilos havo 75 miles of public houses; so you need not think of thirst. Tho Isaac Church at St Petersburg is one of tho most costly and beautiful church edifices in the world. Its foundations are said to have cost 4,000,000 dols, and its shrine cost 1,000,000 dols. Its huge domo is thickly covered with gold. It is simple and grand; not 0110 of the elaborately ornatiiontad churolios of Europe. Bulgaria is at prosent tho scone of r very raro ornithological phenomenon. Simultaneously with tho enormouß

swarms of locusts a very remarkable bird has invaded tho valley of Sofia. lis

scientific nauio is Poster roseus, Its home is in tho warm region of tho Caucasus. The appearance of these birds has gfveij rjqo tp all sorts of superstitious" interpretations ' among the people, for 12 years' in)i'ijedja|;ely before tho ltusso 'ftirkigh war, a large number of thim mado tljoir appearapoe at Sofia «nd in tho environs of Pirot, Finding abundant food in the migratory lovuats, thoy have begun to build their nesis, Tho French War Office has adopted the uso of bioycles. Four velocipedista are to be attached to paeh regiment of infantry. There aro mora than 30,000 British subjects permauently residing in Franco To-morrow, at 10 a.m. and during tho day, wo shall allow some very choice summer dress fabrics, just received by direct steamer, at To Aro House, Wellington. Among these will be found some (very beautiful designs in silk embroiderfd, Indian culmcre roles, both in black and colours, and ranging from 35s to'77s the full dress, Otis 4ro House, Wellington. To-mooiw, jflstj, y.-Q shall display an unusually rtmrck tho fashionable bordered dress fabrics. These are til of French manufacture, arc very elaborate "«d stylish in design, and will make up most cHee;;;:!;- r ™ c , 3 ! °J to* ™>go from 21s Od to 01s (id, 0. . " m,se i Wellington, To-morrow, we shall also show a very select choice of self-coloured dresn materials with trimmings to match, in'checked and floral designs, from 42s to 60s Od the full dress length, at Tc Aro House, Wellington, Also, some beautiful and. attractive

French suitings, lira wide, in every variety of colour and design, at prices varying fi'om2Gs to 51s Od for tho full dress length at Tc Aro House, Wellington.—Advt, ° Every lady in the city bhould visit oul warehouse to-morrow, and seo all our beau

tiful cheokcd and stripped fine woo materials, all of the newest colourings, and in both single anil double widths, from 21s to 57s (id the full dress length, at Te Aro Houss, Wellington.