Wairarapa Daily Times. [ESTABLISHED 1878] FRIDAY, SEPTEMBER 23, 1892.

Wairarapa Daily Times, Volume XIII, Issue 4226, 23 September 1892, Page 2

Wairarapa Daily Times. [ESTABLISHED 1878]

FRIDAY, SEPTEMBER 23, 1892.

Being tub extended title of the Wairarapa Daily, with which it is IDEKTIOAL.

The people who constitute the large majority of the human race, whether at home or abroad, are essentially thriftless. Of the hundreds of young men and women who are now beginning the battle of life amongst us, who are mow in a larger or smaller degree earning money, it may salely be said that two out of three of them will never have a ton pound note to spare. Of fivo out of six it may reasonably be predicted that from the cradle to the grave they will never be worth, from their own savings, as much as fifty pounds. Thrift, too, is a virtue that is not very largely cultivated in colonial communities, where money is easily earned and easily spent. In this contented land a person does not feel the want of money, provided he or sho possesses credit, or relatives, or friends; and tho idea of laying bj* for a rainy day is as an exceptional experience as an earthquake. The recent annual meeting of the Masterton Permanent Investment Society suggests to us the paucity of thrift in this community, because institutions of this oharacter are usually regarded with great favour by persons who desire to ncoumulate Bomi! small capital, or to build up some round sum which will in after lifn become the keystone of a fortune. In this Association an investment of five shillings' a month, or about one and threepence per week, produces in ten years or so a little .capital of fifty pounds. There are many hundreds of young people around us who could readily afford to spare from thei earnings the monthly contribution necessary to accumulate fifty pounds, but probably not ten oi them do make such an investment, and but very few of them realize that the slightest effort oil their part is needed to woo and win that sby deity known as fortune. Thrift is a virtue that may be inculcated with advantage in a colony like this. New Zealaud in the past has been an easy country to live in, but it doea not follow that it should always remain so. The young no doubt havo dreams of future wealth or magio wind-falls which will come to ihem somehow and somewhere, but they fail to see,that " Now's the only bird, I»jb eggs of gold 1" and they scarcely grasp-the consideration that it ib ranch easier to save while they are in their teens than it will he when they are older aud responsibilities devolve upon them, from which they are now free,

The share lists of the Maatertou Investment and Loan Association show that there are many prudent people .in the district who do take advantage of the facilities offered by such institutions for accumulating wealth or paying off incumbrances, but they also reveal the faot that a method of investment specially adapted forthe oircumetances of young people and calculated to give them a maximum return for a minimum contribution does not find much favour with them. We fear that in Masterton the money which might lay the keel of many a future competence is lightly spent on frivolous amusements and indigestible sicklinesses. The consumption of the various nastinesses habitually cold under the name of sweets in this town is said to he enormous. This perhaps explains why so little money is available for judicious and prudent investment ; why the jfoung:, eating their cake now will miss it in afterlife.

The twoWairarapaLoan andlnvestment Sooieties which make their respective headquarters at Masterton and Qreytown, have during the past year, earned over ten per cent for their investors, after making ample provisi n for working expenses and necessa y reserve. This is not considered an abnormal profit; on the contrary it is lower than the average of paftt returns, but at a time when reports come from far and near of losses apd fail-, ures f;on pretentions sooieties in

larger centres of population the results shown in this district are more than satisfactory. With some intimate knowledge of the working of both societies and of the men who control them, we can unhesitingly express confidence in their management and resources. Both societies move somewhat slowly and iavour a cautious and restricted business rather than large and speculative undertakings, and for this reason they are from the investor's point of view admirable mediums for accumulating small capitals.

Messrs Cliffurd and 'Winchester, of Masterton, are engaged to provide the musio for the Indies' Ball to be held at Greytown on October 7th. MoLoati'e '• Yuuni; Australians," who have done good business in Masterton and Grey town, open in Pahiat.ua tonight, playing thore on Saturday night also. A man named Thomas Long, commonly known as " The hangman," had his leg broken just above the ankle while skylarking at Eketahuna on Wednesday. Mr Kidd, chemist, attended to the injured limb, and the sufferer was subsequently removed to the Maßtorton hospital.

Tho annual foe for a telephone exchange connection now stands at £5, with an entrance fae of £1 to new subscribers.

Mr B. S. Wardcll is at present acting as Resident Magistrate at Kaiapui, Canterbury. Tho Wellington Working Men's Club are having a line new club -house built on tho reclaimed land. Thoir membership now numbers over 400.

The Agent-General has cabled to tho Government that the only vessel whioli has left & cholera-infected port hound for Now Zealand is the barque Advance, ment, wliipli left Hamburg on the 19th inst. The Agent-General is not suro of the port at which she will call, but he thinks it is Fort Chalmers, The anniversary tea in connection with tile Carterton Presbyterian Church will be held on Wednesday, 6th October. Miss Ellen Tipper, niece of Mr C. 'Jo.idin, of Olnrovillo, was united in the holy bonds of matrimony with Mr J. G. Ranby, at Carterton, on Wednesday. The bridesmaids wero Miss Mary Dooth and Miss Rauby, sister of tho bridegroom. Our Eketahuna correspondent writes: An accident whieh nji°lit have turned out very serious happened to Mr Harold Smith, of Pahiatua, and Mr Hare, of Mnstorton. In driving along the road thoir horso shied and upset the sulky down the bark, The occupants escaped with a very sovero shaking.

Only about thirteen Members of Par* liament went in the Hinemoa to V/ostport. The numbor would, says the Evoning Press, have been greater but for the circumstance described by one of the would-be excursionists in tho significant phraso " When wo got to the steamer on Saturday momin/; wo iound ourselves blocked out by women and children who seemed to be completely in possession,'" Although the Coroner's jury recordod merely a verdict of manslaughter against Finley, in connection with the shooting of Charles Greenrose at Wellington, and stated that thoy found insufficient evidence that Soel had encouraged Einloy to fire, tho police intend prosecuting a charge of murder against both men. The Coroner's jury considered that Finley had received provocation, Tho case will proceed in tho R.M. Courfcj Welling, ton, to-day.

The crazy woman Emma Jane England, who was found rambling about the stroeti of Masterton earlyyestcrdayniorn* ing in almost a stato of nudity has been committed to the Wellington Lumttio Asylum on tho certificate of Dootors Hosking and Beard, and was sent to Weliingtonby yesterday afternoon's train.; It was elicited by the police that the unfortunate woman had on Wednesday evening ridden to tho Taratahi Hotel, noar Carterton, and that during the night she quitted her bedroom, probably by the window, and in bare feet, with onlya night dress on, walked all the way to Masterton, leaving the horso (which is owned by Mr Jopson of Aolionga), in the stable at Taratahi.

Tho Native Land Purchases Bill, authorising tho Government to borrow ioo,ooo a year for buying Native lands, and to expend tho money without annual appropriation by Parliament, has paßßed through committee in the House. This Bill, remarks the Evening Press, is one of tho very worst of the many bad measures brought in by the Ballance Ministry. Even under tho old law, tho expenditure in tho purohase of Native lands was a scandal. The Government too often squandered the funds placed at their disposal. We have heard of one instance in which a man of " tho right colour " bought a block of land from the Natives at 4a fid an aore, and sold it immediately afterwards at 7s fid an acre to the Government, making a profit of £9OO on the transaction. If this sort of thing could go on when Ministers were controlled, what may we not expect when they will have an absolutely free hand?

The Canterbury Football team seem to have beenvery warmly welcomed homo when it returned to Christchurch the other day from thoir Southern tour. Tho railway station approaches and Manchester street were, according to tho Press, crowded as they probably never have been before, and no fewer than five bands were present to give them musical honours, Thoy came back with a good record, however, and deserved a hearty welcome. To win four matches out of six, Bcoring 90 points in all to their opponents' 28, was undoubtedly a most, creditable achievement. The victory over Otsgo,no doubt, was what especially aroused the enthusiasm of the public—the more because it was hardly expected,

Mr Prebensen a sottler of tho Master-ton-Mangahao block, was within an ace of being drowned on Tuesday afternoon at Sinclair's ford. He was on his way home, and on crossing the river the trap got capsized and the driver was thrown out and carriod down stream, fortunately Mr,Prebensen retained in his grasp the whip he had been using, ana the thong floated out towards the shore as he was swept along, and his life was probably saved by this moans, for when ono of Mr J, Sinclair's sons reached the river bank, he was able to rescue the drowning man by being able to reach the thong of tho whip as it floated past. On befog taken to Mr Sinclair's house it was found that Mr Prebeusen was in a very exhausted state, and had his rasouer been a fow seconds lator, ho would have found a watery grave. Alter the attention shown bim by Mr Sinclair, Mr Prebensen was able to continne his journey as, says the Pahiatua Star, his horse and trap were landed a few chains below where he himself wbbrescued.

Meiers Bolton, Dew, Priest, Hull, and Halliday have bsen appointed a working committee to arrange for the ereotiou of a school building for the Woodville*Tiraumea district, towards which subscriptions amounting to about £l3 have been promised, Mr Bolton giving £5 of that amount.

Aran the deluge of waters we have ex penenced for the last two months we may hojje that now "Spring, mild etherial spring, wiil visit the land and prove to ko no transient guest. Everyone wants fine weather, Everyono wants to see tbo radiant sunshine, and every laJy in the city is doubtless mest aniious to see the wonderful and attractive spring fashions now openout at I'e Aro House,

We may say that we have been greatly pleased with ournew spring goods, and we are quite sure that they will meet with the approbation of our ouatomerc. We shall be happy to show them to all visitors, without unduly soliciting them to buy. Wo have a very lsrge quantity of tbo newest spring fashions, in all departments, ready for inapeotion fttTe AroHquse. > Ladies would no doubt be pleated to inspect these beautiful goods, and.make an early seleotion, _ We can assure them that there is a treat in store for all who may visit our warehouse. The fashions are beautiful, tpe variety is very great, and the selection is, without pontrpversy, ope of tbo very best we have eve? made at Te Aro House.;Am.

The funeral of tho lato Albert J. I Thompson, son ot Mr W. R, Thompson, of Groytown, took place there on Wednesday, The cortege consisted chiefly .of deceased's schoolmates of the npper standards. The funeral service was coil' ducted by the Rev j. Hewson. ■ Notice of intention to raise a loan of £125, for the purpose of forming and metalling Maintain Road South, is given by the Eketahuna Road Board. Wirth Bros', circus showed at Eketahuna on Wednesday night to a really E«od house, considering the size of the place. Our correspondent, in writing us, remarks that the performance of the Bedouin Arabs and Japanese was very good and nas specially admired.

The separators were put into position on Tuesday at the Makikahi creamery, and those for BalLuice have since gone in. A tiial will Bhortly bo mado of tho machine;. The Kaikairiki and Waiwera Associations propose sending a deputation to Wellington to interview the Minister for Lands in reference, to roading their blocks. Mr J. Dawson will represent tho former; the Waiwera dolegate has not yet been chosen.—Pahiatua Star,

The election of the Fealbsrstown Town Board took place on Wednesday ivhen tho following gentlemen were electedW. Cundy, 67; A. Donald, KB; G. Reynolds, 65; W. Rodder, 45 and J. Beel 44. The defeated candidates were: J. Donald, 42; J. 6, Cox, 36 j and W. Buckeridgo, 35. The successful candidates thanked tho ratepayers for electing them, promising to do their beat in the interests of the town. A great number of people were present and evinced much ontisfaotion at Mr Bed's success, Messrs A, Burt W, Robertson, J. Crawford, and J. Fenwick carrying him shoulder high tD the Royal Hotol. A FLATTERING YERDIOT,-Speaking of onoof the most noted of colonial specialities, the press says"Sharland's Baking Powder deserves more than a passing notion.for tho "Moa" Brand Baking Powder enjoys a reputation second to none, From one end of New Zealand to the other, largo orders are received for thi3 popular brand. Even in the most out of the way districts the careful house-wife, possessed with the laudable ambition to make her broad and her scones better than her neighbours', buys Sharland's Baking Powder, and triumphs over tho few of hor loas sensible sisters, who, from a mistaken sense nf economy, buy apparently cheaper brands. The recipe of a good Baking Powder is anything but a secret; but how very few manufacturers use, as Messrs Sharland k Co. do, the bostonly of materials, carefully tested before mixture and exactly proportioned." Readers, who requiro an economical, aatisfactoiy and healthful Baking Powder, cannot do better than use the " Moa" brand.—Adyt