WELLINGTON NEWS.

Wairarapa Daily Times, Volume XV, Issue 4513, 2 September 1893, Page 3

WELLINGTON NEWS.

mm rrnimns. Saturday. Auckland Sauinqs Bank, Thp Government fearing that the run on the Auckland Savings Dank might result in a panio, which would extend to the other banks doing business in (ho Colony, last night asked that the Bank Note Issue Dili might be passed through all ita stages, this was accordingly done, and the Bill was passed through Committee, rend a third time and transmitted to the Council, the Council had met purposely to deal with the Bill and in a very short time the measuro was passed into law going ttirough all its siagi'S in an ip.crr-dib'ly shore tpb. The main purpose of |he Bill is to niako B«nk notes'a legal tender, although thesis no reason to suppose that a panic similar to that in Australia improbable here, yet the I action of the Government in' so promptly providing against' all confingeppiep is |ighlf cC'nirjaend'ed.'"ft (abinot meeting was held at 6 p.m, yesterday, when it was deoided to at once proceed witp tho Bill with the abovo result. Wellington Drainage. It is expected that the drainage operations will bo folly started next month, when the tunnel through the range of hills, at the back of the asylum will ■ be commenced. Thin tunnel is to extend to Lvdl'jJ B/iy, and it is estimated will take nearly two years to conlplete, The Corpora: tion will shortly have 8.00. men engaged oft the works, The contractor for supply of earthenware pipes has begn unable, uwing to wi wtttwr, to keen

up the contrast supply of 800 pipes per month, but hopes shortly to he ablo to furnish the necessary quantity' aa the weather improves. •..:■ ■<''■•■'.-.