The Wairarapa Daily TUESDAY, SEPTEMBER 22, 1891.
The Premier recently contended that where capital can be profitably employed there it would be sent, and argued from this premise that the changes which his Government have been instrumental in bringing about in this colony would not frighten away ' investors. The first condition, how • ever, demanded by the capitalist, is security and stability. A monarch of the money market would sooner lend a million at 4 per cent, on an undoubted security, than a similar sum at 6 per cent, upon some bonds about which there was a risk. The list does not seek profit alone, but gives a marked preference for a safe security. Money is locked up all over New Zealand now, because small capitalists take the same line as big ones. TLey won't risk their money till they know what the Government intend doing, and what the labour party propose accomplishing. The changes in taxation, the alteration ol the conditions of laiour, the increase of the public expenditure have alarmed persons who possess money, and whilst that uncertainty lasts which Ministers have brought about, they keep a tight the purse strings of the Colony loosely, i but capitalists are keeping a tight 1 band on private wealth and the grasp ' of the latter will not relax till that of the former tightens. It is a mere ( question of time, for the latter are ! dealing with their own money and are [ in grim earnest, while the former are only dealing with the money of the public and there is no question as to i which will give way. The Govern- i ment will either have to give pledges J which will satisfy the financiers of s the Colony or prepare to lose prestige j and power. ,
Sensible people will regret to learn that the Ministry have reduced the age at which a peraon can be appointed a member of the Legislative Council to twenty-one years The minimum desired by the Council itself was thirty-five years, and as the special qualification which the public interests require from mpmbers of the Upper .'louse is experience, jt would haye been as well to make some provision that immature politicians should not have access to the chamber, Of course the Government pride them/selves upon striking out a i new line by opening up positions oi trust to the mere youthful members 1 of their party and quote Mr Perceval as an example of the euceeas which attends this new departure. The selection 01"":. Stewar(i fIS *?***' of the House and the JT" e
that has followed thereupon should be a warning to them. They cannot altogether afford to ignore the lessons which experience teaches ; they cannot, because they have a large majority] at their back, continue to defy public opinion. If they were acting in the best interests of the Colony, and cot merely serving their own party interests, Mr Steward would not have been elected Speaker, Mr JRees would have not been appointed Chairman of Committees, Mr Perceval would not be our callow Agent-General, and youths of tweuty-one years of age would not be eligible to become members of the Legislative Council.]
Tno price of gas in Napier and Hastings is being reduced by JOd. the 1000 feet. The second term ot the Girls' Collegiate School in Maaterton commonced this morning.
It is now considered almost certain the Bank ot Van Dieinen'a Land will go into liquidation.
Baron Hirsch is sending an pgent to inspect the mdlee country of Australia, with a view to establishing colonies of Russian Jews there.
A boarding house keeper at Napier has filed his schedule because he found the businese did not pay. He considered the charge he made his boarders—twentyfive shillings a week and washing—too little.
The following civil cases are set down for hearing at the sitrins? of the District Court which commences before Judge Robinson in Maßfcerton to-morrow: Miller v. Elder; Renall v. Tayler; Murdoch v. Peyton.
Horse owners are reminded that the annual horso parade in connection with the Masterton Agricultural and Pastoral Association takes place in the yards of Messrs Lowes and lorns, Renall Street, to-morrow (Wednesday). H. M. Stanley, who was in splendid health when he -met with his accident, is said to be exceedingly desirous of seeing New Zealand.
The usual weekly parade of the Masterton Rifle Volunteers will bo held on Thursday next. We understand the Greytowu brass band intends playing in the Masterton public park on Sunday week. Thirty Chinamen,having "stored up treasures here below," left Wellington by the Hauroto on Wednesday for Sydney en route to the land of their birth.
The Standard says there arc no empty houses in the township of Martinborough. We might say the same of the township of Lower Taueru. A social gathering in connection with the Court Loyal Enterprise, A.0.F., is to be held this evening. The Hawke's Bay Natives, who have been assisting in the lamentations orer the dead at Te Cre Ore. are about to proceed to Greytown, where they pay a tribute to the memory of those who have recently become deceased in tint part. The annual meeting of the Eketahuna Cricket Club, which was to have been held on Saturday evening, was adjourned till Saturday week as only four members turned up. We gather f'om a contemporary that the present Ministry are expected to pay more attention to. the candidates who stood in their interests and were defeated than to the actual representatives of constituencies.
A small com pan v has been formed at Hastings, with a capital of £IOO in £2 shares (£1 paid up) to deal with 50 tons of potatoes as a test of making starch from them. The Gore Standard atates that it is reported that tto Gore Borough Council will be asked to pay £SOO for damages to a resident through falhncr into a drain. Masterton Borough Council, beware I A boy tan years of ag« was arrested at Halcombe for threatening to cut the throat of another. He was sent to the industrial school.
Mr 31and Holt, supported by an exceedingly strong company, inaugurated his present, tour of New Zealand on the evening of the 9th, in the presence of a splendid house, and has since been doing good business. In the English law courts Mr Justice Collins has decided that if a combination pass a resolution not to deal with a particular tradesman, it is an offence against the Common Law. The police have issued summonses against thirteen women of questionable virtue for being keepers and inmates of disorderly houses in Napier.
" General" Booth states he received most advantageous offers of land for his colony in South Africa, and was almost tempted to close with them on the spot, but he thought it best to enquire in the colouies before coming to a final decision. He has also received a hearty invitation from South America, but prefers to establish his colonies in some part of the British dominions.
At the annual meeting of the Canterbury Commercial Travellers Association on Saturday the report and balance sheet submitted showed £l4O to credit for the fir st year and 140 members on the books.
' At a meeting of creditors in the estate ' of a rabbitter named Cochrane, held at i Dunedin on Saturday, the evidence ; showed he earned £Bl7 in 27 months. 1 And yet he owed £'3oo. Tbe men employed on the relief works at Hunterville have had a dispute with I the Government surveyors. The matter has, however, been amicably arranged. It will interest footballers to know that Mr B. Giuders, who has taken over the dentistry practice of Mr A. 4. White | in Masterton, was till recently a member 1 of the Wellington representative football team, A block of the Balfour estate in Pahiatua, containing thirty acres, was recently sold at £2O per acre. Three new houses are in course of erection in the Hawera Special Settlement. A general store and butchery business is to be opened there shortly. The eleetion of a Licensing Committee for the Carterton Licensing Distriet takes place to-morrow, and for the Carterton Borough on Thursday. Great interest is being manifested in each event. Five hundred trout from the Masterton fish ponds were liberated in Sreytown on Saturday. Several flaxmilh are now in full swing in the Lower Valley, and the fibre turned out is spoken of as of good quality, At a meeting of the Wairarapa and East Coast pastoral and Agricultural Society on Saturday next, the proposal of the Masterton Society re amalgamating ram fairs will be considered. A meeting of the Eketahuna Ceme~ tory Trust Committee was held on Saturday evening. Present— MeEsrsThos. iSayliss (chairman), Neilson, Olsen, and Syverson. The minutes of the previous meeting were read and confirmed. Tbe Chairman reported the sum of £5 58 in hand from Board fees, etc. On the motion of Mr Syverson, the Chairman was appointed Treasurer. Mr Neilson moved, that the Chairman obtain from the Registry Office all name? missing on the register.—Carried. Mr Olsen offered to nmuber the pegs and help fix them in. A lengthy discussion ensued on the wet state of the present ground, and on the motion of Mr Syverson it was resolved i that alter the register is completed and . the pegs fixed a public meeting be called ] to consider the advisability of draining the present site, or taking steps to pro- ( cure a |res}j one. Qn the motion of Mr Neilson it was resolved (fiat Mr W. ' Bayliss be asked to point out grave sites i and receive burial fees. This being ' the business, the meeting adjourned. <
The appearance looks externally and //hiternaljyotour widely known Family 1 Drapery Warehouse fa now extremely 1 briljiant. With the adyenfc of the Spring } Season conies an Entire Gjjange of : Fashions. Thp dark, sombre tints of j winter "re now completely effaced by the " '-*• cheerful, beautiful new oolors that Ijim—, ' --•>«mt season'* fashions distinguish the pi-. I at Te Abo House, Wellington. Av advanxaoe to customers not possessed by any small traders anywhere is the immense range of choice in every description of fabric and fashion to be always seen at Te Aro House, Wellington. Visitobs to ou* Warehouse will view with wonderment our vast piles of every description of Spring and Summer Dress Fabrics consistiu? of Jacqi'ard Beiges, Natural Homespun, Art Uiat;onel«, French Corduroj, French and Scotch Cheviots, Savouy Suitings, Camel Hair i Tweeds, Jacquard Vigoneaux, Twilled , and Plain Beiges, French Delaines, Printed Bengaline3 and Foulards, Flora. | and Striped Bengalines, Silk Grenadines, , Summer Serges and Foules, Ac, &c, at TEAKoHdt'SE, 'Wellington. £
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Wairarapa Daily Times, Volume XII, Issue 3919, 22 September 1891, Page 2
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1,767The Wairarapa Daily TUESDAY, SEPTEMBER 22, 1891. Wairarapa Daily Times, Volume XII, Issue 3919, 22 September 1891, Page 2
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