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PARLIAMENTARY NOTES.

HIE NEW BAKING BILL, The opinion in banking ciroleß concerning the Banks and Bankers Act Amendment Bill, that it is a wise measure. It proposes to give shareholders the power to do in a simple and expeditious way that which oan only be done now after needless delay and a great deal of trouble, Under present conditions, if it is sought to increase a banker's capital, the shareholders must Cm give their consent, and then it is necessary to appeal to Parliament and have a private Bill passed, a course which necessarily involves delay. ABfor the necessity for increasing capital, bankers say ■ that such a law as is now proposed will have the effect of giving the institutions of this Colony an advantage similar to that obtained by the reconstructed banks doing business in Australia and competing with New Zealand banks. The new legislation will be really a measure of security. The Bill allowing the banks and companies to have their accounts audited by the State', if they wish, was read a second time last night. The Colonial Treasurer took occasion to stole that tho Bill described in an evening paper as the Banks and Bankers Bill was one which the Government had no intention of Introducing at all. It was the skeleton of a Bill which had found its way into the Treasury from the other colonies, It was just thut he should say that it was obtained by the reporter in a legitimate way, but it was given out by acoident. THE LIQUOR QUESTION. It is Mr Bandford's intention to move an amendment to the Alcoholic Liquors Bale Control Bill to provide that it aboil bo inoumtent upon at least two-fifths of the total number of electors to vote at the poll, instead of one-half, as at present proposed. The provision in eub-eeoticn ; 7 of clause 10 giving a licensee the right of an annual renewal for two years after be has gained his license at the poll, is to be the subject of an amendment by Mr Harkness, who will propose that it should be modified by the substitution of the words '■' may have tho right 1 instead of'shall have the right-' THE OlVIt BERVIOE, The Colonial Treasurer is to introduce a Bill which will provide for a system of guarantee by the officers of, theeiTiiesrTiW|WliorillßiaksjQ«iJ

any money embezzled by. any one of their number. No liability will be entailed on any officer until he has been 12 months continuously in the service, The proposed Act is not to apply to Ministers of tho .Crown, Judges ofthe Supreme Court, officers of Parliament, the Government Insurance Commissioner, any otheroffioers, clerks or persona employed in the Government Insurance Department, Official Assignees and (heir deputies, and all officers clerks, or others employed by them,' and any Civil Servant whose salary is less than £IOO per annum. ' : HIE HON MR WABD, Mr Ward has recovered from the injury to his knee, and was able to Bland in his place last night when proposing his Bills. The only effect of the accident is a stillness of the kn'eo joint, ■ HIS SOUNDS EXCUBBI3N. The party of legislators and their friends who made tho excursion to Pelorus and (Jneen Charlotte Uounds returned to town by tho hiriemoa yesterday, afternoon.' Tho. pleasureseekers, comprising about fifteen members of both Houses and several ladies and pressmen, have come baok highly • delighted with their little trip, During the two days' the weather was bright, arid warm, and every hour of daylight Was utilised in Ming or sailing about among numerous picturesque islands and peninsulas of the Sounds. Ac Havelock tho party was royally entertained. A steam launch met them souie distance from the town, and conveyed them to Brown* lee'a Mill at Blackiock, whence they were taken into the heart of the bush by the timber train, which made the journey specially for thoi: beiufit. On arrival at Havelock the visitors were most hospitably received, and a ban'quet given. There was a triumphal arch, with the work ' Welcome.' Tho ladies of tho party stayed at Mr Mills' houho, where they were entertained by the wife of tho popular whip ; who had organised the excursion. On Sunday Pieton was. visited, and 'yesterday morning a pleasant halt was made in Tory Channel to fish and explore, a smartpaasage across the Straits terminating the excursion. Before leaving the steamer, the party passed a hearty vote of tbankß to Capt, Fairohild, who was unremitting in his kindness throughout the voyage. ' USE OF LETTER C4KD9. In the Post Office Acts Amendment Bill, read a second time last' night, there is provision for the use of letter cards, which may be posted at the rate of ldwuhinNew Zealand, and 2d outside the Colony. These serve the purpose of ordinary letters, for as is not tho base with post cards, what is written is not open for ioppection. N.Z Times.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WDT18930822.2.14

Bibliographic details
Ngā taipitopito pukapuka

Wairarapa Daily Times, Volume XV, Issue 4503, 22 August 1893, Page 3

Word count
Tapeke kupu
817

PARLIAMENTARY NOTES. Wairarapa Daily Times, Volume XV, Issue 4503, 22 August 1893, Page 3

PARLIAMENTARY NOTES. Wairarapa Daily Times, Volume XV, Issue 4503, 22 August 1893, Page 3

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