PARLIAMENTARY.

Wairarapa Daily Times, Volume XVI, Issue 5163, 23 October 1895, Page 2

PARLIAMENTARY.

sTO-DAY'S DOINGS. Jy lekgmph.-Freu Aitociation. Welunoton, Wednesday. The House met at 11,30. Mr Bell's notice of motion traversing the Bank agreement was * 2.30. i» ' t The Reporting and Debates l mittee presented a report urging that members should hasten sending in their proofs so as to the publication of Hansard. Mr Ward amiouuced that three shipowners had made an independent examination of the barque George ' Thompson, and totally refuted the ■ assertions of her new regarding her < sea-going qualities. After thorough examination they found, below and aloft, that the vessel is in a very satisfactory position. The leakage complained of is only normal, and the deck load is stowed in such a manner so as not to interfere with the working of the vessel. Thin > report was endorsed by other experts ' after a thorough examination, y v Replying to questions by Mr &. J. Smith and Mr Geo. Hutchison, Mr Seddon said he should consult the Colonial Bank Directors, and if they had no objection, he should lay the sharo list on the table. Ho would also procure tbo total ofthe > schedules of the agreement, arflfov them on the table. He that he had the opinion of the President and Auditor of the Bank of New Zealand, that the agreement was a good one, both for the Colony and the Bank, but he would ask the Presidont for a general report. Sir Robert Stout oxpressod the - opinion that the agrcoment was ultra vim, and that any shareholder could upset it, He asked tbo Premier to take legal advico, whether or not, this was so. Mr Seddon said he Bhould take legal advice on the point raised. If any doubt existed on the point they ~ should remove it. Although the very thought of introducing another Bank Bill, gave him a cold shudder, he considered the agreemont t, straightforward business-like document, and one in the interests of the Bank and tho Colony. He did not wish to hurry members on a matter of such great importance, and the < debate on the agreement would not be takon before to-mwrow. <$ 1 M