The Wairarapa Daily TUESDAY, JUNE 17, 1890. RECUPERATION.

Wairarapa Daily Times, Volume XI, Issue 3538, 17 June 1890, Page 2

The Wairarapa Daily TUESDAY, JUNE 17, 1890. RECUPERATION.

The New Zealand Trade Eeview for this month, in an article on_ the, money market, refers to the striking change that has comeover" thespirif of the dream" since 1884, the balance

of indebtedness of the publio to the banks haying fallen during that iperiodfrom £5,576,996 to £1,361,864. Within six years the forty or fifty thousand persons who have bank accounts in New Zealand have wiped out their overdrafts to the extent of over four millions of money; on an average tbey have paid off old debts to the extent of £700,000 per annum, and each individual customer has during the period saved nearly a hundred pounds for the benefit of tho banks, ffe believe that this recuperation is unique in the finanoial history of the British colonies'and that it is sure and oer-. tainguatantee of the future.prosperity of New Zealand. 'ln 1884 tho colony though prosperous on the surface was rotten at the core, and, though in 1890 the outward and visible 'signs Of healin are less marked than they were sis years ago, we all know that trade is on a. sounder basis, In 1884, very muoh of what we possessed belonged to the Bank, hut-in 1890 the bulk of our wealth is our own. Six years ago the Banks ; were pur masters, to-day the position -is reversed. Iu 1884 money was plentiful, but it did hot belong to us, we were on the downgrade; now, though wo may have ascended but a little way, we are unmistalteably on the up grade. As we go up we shall! have the melancholy satisfaction of seeing some other colonies coming down and taking their turn in the financial abyss from which we liayo emerged, Victoria is a striking example of this. In 1884 the public in this great colony were out of debt with tlie Banks, but in the March quarter of the ourront year there was an excess of advances amounting to £7,981,957. Within the last six years, while New Zealand has extinguished five millions.of trade debts, Victoria has created eight millions of liabilities, While New Zealand only requires a little more than one million of Bank accommojtotion, Victoria needs eight millions and New South Wales four millions. The position of the latter colony is no doubt fairly good, but that cf Victoria is critical, quite as much so as was that of New Zealand in 1884, No doubt the large sums of money we have been paying off in New Zealand are taken by the Bants to feed the necessities of trade in Victoria and New South Wales, but the time must come for.banling institutions to call in their advances jn these two colonies, New Zealand ljas beßn a convenient milch cow latterly for her neighbors, but it is a question .whether it .is expedient that the process of depleting • the money market of this colony for tlie. benefit of her bigger and hungrier neighbors has. not gone far enough. -The savings of New Zealand might now, we consider, be better applied .to developing our own' resources rather than to relieving: the:"congestion ■tyliidb exist? acroea .

The, hearing of tho libel ' aotion,, ] ButcHer.Y;Piiyton ( ";jias,been.nd>urnod till/to-morrow.'// The Inames*ot tbo special jury appear in niiothcr ooluniniy "Messrs Lowes 'add lorns addjo- tlibir *;. for,; Wednesday '■jieitr store wethers.!"-'/ v:. -.:■'*.. ;.-■ ■ The Methodist Conference at New York last April cordemued dancinj, theatres, and cards as.inconsistent with ohurch membership,

Diphthoria, the scourgoof childhood, has attacked a voterau named; Hunter, 102 years ot age, living at Jluekatah, nearßenalla.

We are requested to state that the Junior Cup match, MaßtoVton- second fifteen v second fifteen Carterton Kivals, will bo played oil the former's ground, Workßop road, on Saturday next, and not at Carterton" as stated in our last itsuo,' ■ '

, The Jubilee of the advent of Methodism to New Zealand is now beiiig celebrated in Wellington, and very successful thanksgiving service are being held; The event is to be commemorated by tho local Wesleyan body on Sunday nrxt. when the Revs. Morley and Berry will occupy tho pulpit,' the latter addressing a mans meeting of children in the afternoon, (In the Wednesday following a public tea will be held, to bo followed by a monster gathering in the church, when addresses will be delivored by the Revs. Morley, Berry, Watkins and others, At a meeting of the MastTtcn School Committee to be held on Thursday evening next; the following motion, of which notico haß been given by Mr Thomas Mackay, will bo discussed;-" That as tho frequent changes and- diversity of class bouks used-in the State schools precludes the books being handed from tho older to thn' younger-'childron. of a lamily, thus causing .extra .expense- to parents, this committee urge the Education Board to use their'influence wi'h the Minister of Educot on with the object of introducing a uniform system tnruuuhout all the schools in the colony, In tho course of a very, able sermon delivered at St Matthow's Church on Sunday evening, tho JKovW. E, I'aige referred, to the tact'that the' evil of

intcinperahco was fast developing in the Foity-Milo Hush, ifariitinsj his remarks by slating that no less than £6OOO had passed through tho hands of a certain Buah. hotelknepoi' in twelvo mouths, At the saute place it was impossible to hold church service with any degroo of success mora than ones in four weeks. The Bev. gentleman also alluded to tho thousands of pounds spent annually inhorse racing in tho Wairarapa' 1 contending tliat such a sport was de-. moralisiui! to those indulging in it, Quite a chaptor oE accidents occurred at Eketahuna on Friday last. A daughter of Mr Jones, .storekeeper, was cleaning a glass globe, when the sphere suddenly collapsed,' inflicting a- nasty wound across the palm of the girl's hand, An employee,of. Turner &Co., named

Bremner, sustained a aevere injury to his leg through his horse falling rhiltf he was proceeding through tho bush-to deliyer meat to customers. ■ 'At the akating rink in tho'eveningS, K, Martin, whilst practising on tho rollors, collided against another, with tho result that his left ankle.was seriously, sprained, , ■ This is the way the members of the Taranaki County Council carry on a debate. Tho question at issue was whether the minutes should be confirmed We are indebted to the Taranaki Hcmld lor the extract;-MrAdlam differed with the chairman, arid again reiterated that the resolution was illegal, and came under tlie heading of extraordinary business. Ho again afririned.that ho would write to tho Government on tho point. The Chairman informed D'r Adlani that ho couU write to the devil if ho liked. Mr Olson (laughing); That's a nice remark from the chair. The Chairman (to Mr Olson); You may grin; I don't oare about ySur griuniutr. , Considerable amusement and a great deal of bantering was indulged in at a meeting in connection with the Knights of labour organisation at Palmerston North the other evening, in 1 respect of thepropusition for membership, on which tho words are printed in bold type—'• No proposition oan bo received Irom alawyer, banker, rumsollcr, or professional gambler." One wished to know why the whisky-seller was not included as well as the rum-seller, and another asked if the "parson" was oxoluded? A further question was aßked as to why tho lawyer was oxoluded ? A vnice-"Because he's the root of all evil 1" (laughter); and a fourth was anxious to'know why tho banker was" tabooed?" After several other exchanges of jokes, Mr Hill said the rule did seem somewhat fanatical, but the experience of thoir American friends was tbat those above specified were not desirable members of the organisation,

Butter is being sold by WoodviU 0 farmers at from 3d to 4d per lb. This' of course, cannot pay even in summer time, but the above is the price asked for it in winter. No wonder the farmers aro anxious to sell out. This is the natural result of people going upon land without any knowledge of how to livo on tho soil. To clear the hush and lay the land down in grass is all plain sailing and anyone with health and strength is equal to it, But fifty acres of grass will not supply a man and a family with more thau a bare subsistence, An agriculturist would put his laud to better use, and with the exception of tea, sugar, and clothing would provide himself with all his needs.. Thi/ makes all the differcnco between putting " the people" on tho land, and putting, agriculturists on it. In tho one case we get a disappointing grumbling class' of poverty-stricken land oocapiors; in the other we create a thriving class of yeomen, This latter class should not be confined to twenty, fifty, o&e hundred, or a thousand acres of land, but should, be urged tu the attainment of success by the hope of. the reward of being able to put field to field.—Napier

There was a certain parish in England in which the church was in a chronically impecunious state, The churchwardens wore in a liabit of going outside the 'parish to beg.' assistance. It was suggested that tbey should apply to a certain wealthy Mr Beocham, owner of famous pills, for at least a new set of hymn books, Objoction was niado that Mr Beeciumi was quite certain to make tho hymn books a medium for advertising his pills, but that was got over by determining .that they should be thoroughly examined before being, put in use. The answer was favourable, and a week or bo before .Christmas a large supply of beautifully bound hymn books arrived. The fly leaves and vacant spaces haviny been duly examined, and no signs of advertising found, the books were circulated, Everything wont Binootbl.y until Christmas Day, .when to the general horror the Christmas hymn in every book ran thus ; ■Hark I the herald augels sing, Beecliain's pills are just tho tiling— Sjlent-j- soothing, searching, mild;; for an adult, one for a child. The wily advertiser had -.gone tp the expense of having anew oditiOn of hymn bonks printed, with the'..Christmas hymn alone altered to Buit his purposes,

A vmvs special invitation is'h'erewitlf extended to the ladies o£ the city to .payi'an early visit of inspection to our magnificent and attractive display of ball and evening .dress fabrics, which, together with all necessary requisites aro now being shown on the central'couriter'atTeAro House," "-'",.,

. . Tub variety of'these changing fabrics is very largo, and tho numerous lashionablb tints arc pf the most -pleasing pb'afacter, while the prices aro exceedingly moderate. The display is easily acoeestble, : j> ' Very artistic to its Mpllestdetails, tuul Cl ! u ' a ' not fail to .we grotifyiiw to ajl .visitors, to To Aro House, '-...)..' i: "■■:>■' : . .-- !

.' We shall be dcligl)led to bliow .tliem .to all visitors who may rest assured thai thoy: wjllhot bp liiipprtu'ned to buy..ludeod there will be »o occasion to do this;, for the goodswiilspeiik for .jliotasolyea ■ ijnd ; .we imagine there arc few Indies, who could loolf at tlidgo beautiful requisites withqiit feeling an inoßl#]B'desirJ"t9 qt Te £rg Bouse,' '' ■ ■''''.•';' y' : >':*.''^ '"''■"/ : '' : '- . ; Ws invito perusal ofa special announcerpent on Hie front page of tin's paper, whioh gives full partlpqlnw of tHe'nsmosiMia'kes; colours, &m of (ho?e.balLuml : evwinfi toss fabrlos and' rcmiisites at the; Wholesale Family Drapery .Warehouse, To Aw House, :-'V : .

/ About loOO.fine.wetliers and BOlhead of cattle w'erCseh'tjrora th'e v well-known Pihimtea estate last week to lie frozen for export.., f /''/.''//^--i^l ■<■!-].

Two.thousand-shdep from Mawke's Bay v worit'tlirough' to;"Wellintstoh'.by. special train yesterday for ; freezing purposes. /

The ayerngo daily attendance at the Carterton school for May has been 234 children. The number, on', .the; roll is

_ Thoweatherduvingthepast fow days in the Wairarapa has been exceptionally fine, ■ and characteristic of spring. Farmers throughout the district will derive great benefit as a.result. ; ' A well-known lawyer declared one day at: a dinner s tint the biggest'thing he had ever done was to cross examine a man until ho did not know whether he was married or not.

Bishop Julius, of Christchurch, says hero; is no hiu'm in .beer if drunk

n moderation, His impression -of wing colonials hi that they are more emporate than their fathers, : •

A resident of Masterton received a letter yostorday from a friend in a township nearly 200 miles from Melbourne, dated Juno 9th. The transmission of the mails in suoh last time peaks very hisdily fertile perfection uf ho service, . -...',

: Tho_ Agent-General has forwarded the following'message to .the Government concerning tho condition of the New Zealand hemp markot in London;—" The market is dull, New Zealand ranges from £l9 for fair to £2) for good. Manila, ±"d3 to £34 j sisal, £25 Colonel Roberts, 8.M., gavo hi 8 reserved decision at Fcatherston Oour' yesterday in the case of O'Callaghan.the ranker, y. Ross, of Mtrtinborough, In the first charge, that 'of selling deer without a license, defendant was fined £3. and costa HBs. In .the second case that of selling deer out of season, Ross was lii,edlGs, '. In future: Featherston will sit at 9 a 111 instead of 11 a m on Court days.' An exception will, however, bo made in the instanco of. cases coming from Wellington by the morning train, They will be heard at 11am as'usual. This alteration has boeniriadiv bv the Resident Magistrate 0111 ho suggestion of the solicitors concerned,

It has been proposed to hold a Suuday Sohool at Papawaij uuder the auspices of the Church of Engbnt), and tho Incumbent, tho Kov Mr Wyatt, is, we understand, willing to be present on alternate Sundays and address'' the children, if arrangements can be made to hold Sunday classes. They would be for the benefit of both natives and European children,

■The artesian well sinkers at Carterton have got on to a very hard stratum of conglomerate, and for the last day or two havomade almost absolutely no progress whatever, The pipe is down a depth of fifty-six, feet, arid at present a day's diiving only lowers it a bare inoh or two. However, as long as it moves at all there is hope, of eventually penetrating the obstructive layer.

Thero is a slight alteration in the Vivian'a programme", os the comedy " Sam," thatwas announced for to-night, will bo played on Thursday night, and and the olio announced for that evening will be played tonight. The change is made owing to the impossibility of presenting two such long'pieces as "Sim" and "Queen's Evidenoe" in ono evening, ■,

Vie" are requested to remiud our readers of Messrs -Lowes and lora's Stock S.tle at their yards to-morrow The list of entries is as follows:—900 store wothers, 50 fat wethers, 50' fat ewes, 300 owes in lamb,, 150 lambs,-GO empty forward owes, 25 3 and 4 year old Steers, 30 2 and 3 year old do, 30 2 and ,3 year old heifers,,3o head mixed cattle, i dairy stock, horses, 10 pigs, otc.

Tho Belvidero School Committee wa ß elected last night, and consists of the following members—Me»ars E, Morgan (chairman), Butler, Manning, Burnett, J. Andereon, Eagle, and Olsen, About thirty persons attended the publio meeting and eighteen nominations ware made. The recent election at Belvidere was illegal, it will bo remombored. Of those then informally elected, Messrs T. Morgan, Krosp, and H. Edwards have now been rejected, Messrs Butler Manning, and J. Anderson as will be seen above, having been appointed instead,

A niootinc; of creditors in tho estate of David Dixon, oarpenter, was held yesterday, tbo Official Assignee presiding. The following atateracnt was submitted : Sooureo. creditors'— Jno. flessev, £?5, Estimated value of security, £125 Unsecured creditors Masterton : Jas. Wrigley i7O,A R Bunny £2o,DrH«sking £ll, Casolbor K and Co. £lO, HonryCole £IO,O Wadand £2O, Chamberlain Bros £slos, A W tfenall £9lod, Jno, Hessey £35, EF Temple £5, andaunll mounts. Asjets—To"ls £6, furniture £2O, surplus from securities £SO, Total £76, Doficienoy,£l42 10j, Thebankruptattributed bis position to sheer hard luck. Ho bad had considerable sickness family in his family, and bad been unable to uioet the interest on borrowed money. Nothing had been put by him into tho business with Reynolds, and nothing taken out. The .debtor having been subjected to a cross-examination, tlie meeting was adjourned sins rfi'c.

The Falmerston North correspondent of a Wellington paper says:-It would be amusing if it were not so pitiablo to see the protended knowledgo of farming and iU possibilities displayed within the last fow day's by Wellington writers; in the papers. But perhaps three more instances of what can be dono by Manawatu farmers will furnish another bone to pick over.' One farmer hero, who has been cropping his, ground for years with profitable results, produced this year 200 tons of potatoes from seven acres, and sold them for £4OO, another farmer produced 100 tons from livo acres and disposed of them for £200; while a third raised from one acre a crop ot onions which roalised 1156. : The owner of the farm of 00 acres referred to recently, Mr David Buiok, publishes a detailed statement in the Mauawatu Times showing his earnings to have boon £385 Is 9d for tho period mentioned, and total expenses £18519s ,4d, or £2 2s per aero not, "showing that if his land is valued by its productiveness it would be worth £3O per acre, ■ '

Our readers will be nlercsled to know that Messrs L, J, Hooper and Co,, have now opened and showing tlio new .winter shipments of Drapery, Millinery, and Clothing The Dress Department at tho Bon Marche is exceptionally heavily stocked with the newest designs and makes in Dress Hobos, Kuickcr Tweeds. Homespuns, Cashmeres, Fancy Flakes, Braided dresses, English and Colonial Dress Tweeds, Tweeds in. Check, Borders, Stripes, ami Plain. The stock in this' department lias been brought remarkably cheap and are beingsold cheap. Visitors to tlio Bou Marche Bhowrcoms' will he well, repaid by inspecting the superb assortment of Ladies' Sealette Jackets and Mantles. Cloth and Fur Jackets and Mantles in great variety, Ladies' and children's ulsters, Fur lined and Silk lined cloaks, Ladies' and children's Fanoy Capos including tho Coachman, and Highwayman in all colors. :•

Messi'3 Hooper and Co,, invito special attention .to their magnificent display of English and French Millinery, Felt and Straw Hats, Ladies' fashionably trimmed Hats qnd Bounots, These goods are marked off at a very glk'ht advance on cost price, . Nqw thewintor has fairly set in, wo are brought to face the factthat an.'extra pair 'olßlabketsahd good warm under-clothing are the necessary article's of the day, Messrs fiqoppr and Co',, are showing la,rgo stpcksof these closes pj goods, English and Colonial Ijlaukeiß|f'|cinnels. | Mep's and .Boys' Clothin& shifts., undershirts, and pants,'knitted socks at wholesale prices at the Bon Marche, MJistertoß.'-ADF. . ■ . r