LEGISLATIVE COUNCIL.

Waikato Times, Volume IV, Issue 217, 30 September 1873, Page 2

LEGISLATIVE COUNCIL.

WELLINGTON. In the Council, this evening;, Mr Sewell said he would give his reason for nob recording a silent rote. He agreed with' 1 the manner in which Mr Waterhouse had supported the motion, and felt a desire to support the measures because they were necessary to the colon y, and part of the policy of the Uovornment. He regretted he was unable to rapport them Ifc wis too lnte in the session to re-consider them, and ho hoped etery member in the Council would give an uit ne»ilnt mg expression of disapproval. The bill, had been brought doivr. to the Council in the mo-* obnoxious manner possible. Eirrjbill had Jo be considered on its general policy, and there could be no chance of their being accepted. « was possible that a measure would be brought down at the hist moment, and that it would probably be necessary to be swallowed. Tina was reflecling disgrace on the Ministry, from which, however, Dr Pollen should be excented. Dr Pollen tells the Council that the bills are of vital import ante to the country, and they were recommended by all (he influence of the Ministry. The bill* brought down ought to have been of an honost character, and not brought into the Council in their pres-nt manner,— alike disgracing the Government and the Legislature. In the Upper House, to-day, the Colonial Secretary moved the second reading of the Auckland Loan Bill. Mr Cunpbellopposed the bill. The colony was asked to sanction a provincial loan, which it would ultimately have to pay. In the schedule of the Taranaki bill there was alwolute'ly no security provided. Provincial bonds would ultimately <?o™nn™ c h ndB of ■P e °«'«t"«. The colony borrowed £2,500.000 at 4 percent., while the provinces were borrowing at G per cent. The amount the provinces would bu allowed between the passing of the Act. and the end t.f the year 18/4 was £293,000. This was done to enable the colony to borrow a loan at home. He was told that there was some land m the Auckland schedule which was not worth more than Is per acre. In the llawkes Bay Loan BUI wnaifage dues were set down for a breakwater which was not jet built. Members of the Lower House had voted for Joans to please their constituents, and he believed the whole colonial estate generally was mortgaged as security tZITX, honest, then, to mortgage them a second 2? ,if /i!' n art T P^ Bed the bilL If tlie Provinces made default, the General Government would have to pay the money Mr Waterhouse opposed the bill. It wa/ not uesirable m the present state of the labour market that the works should be commenced, ft would be necessary iJ time for the oolony to take over the provincial bonds. He would move an amendment to the effect that the t-ouncil decline to sanction the renewing of provincial borrowing, but would be prepared seriously to consider any proposal by the General Ooverameut for provincial loans JhpSf It he J?? 10 W ° rks ct < 187 °- Mr Gmeeopposed the bill Mt • Whttmore would fee in favor of an annual loan The bills were not a necessity of the colony, but the Treasury were designed to make a heaven of the I,EET /n/ n 1\ T il e (; ° U , noil were t0 ™«i»taiii an equilibrium between the General and the Provincial Governments as members of the Lower House voted from provmcial and party obligations. The <W. Reserves Bill %vas committed md reported. lhe Interpretation Act Amedment Bill waa read a tint time, and the E.ilwaya Bill a second time, mittee Amendment Jiill was considered in com-

t j-i r, .. , . . . Saturday. \\t\ 11 Con ? 1 clI 1 lMt ni S hfc <W>ate on the Loans Biß, Mr Sewell said the securities offered for tho Provincial vMn? 1 ™et° t<l1 number of acres in the schedule F rffl th ? e had heen valued at £1,600.000. 3 hu »d.ed thousand acres of this was valueless. There Z* fcbe «e«"»ties,the only value of which wonld be derivable from the colonial endorsement. ZIZT!\ b ? mf<iefolratlm f <ief0Iratln fc'- The measures had only been introduced to keep the Gore, nment in favor with uhic P h'S C .? B^ soil^^ been set apart assectmy Aet^fiW w * I*"*" tap > Ue ? by the Im I jenal Guarantee Act, 18 j7. The loan and mteiest had then been made thargctble upon the waste hnds of the Crowu, and cho revenue arising therefrom and the territoria and 'SSJSLTT^ Th , e W«rial Government had seSv w»« t C S™ tLat V iy meaBUre affeutin g «»t XXE'r i° r pr rP the ProTlncial Acts Tvr,« WO rth notliniir Mr Plmrazvn mid that much of the laml oflered horroS7 m r. "° k WOrth ?/ l>illin « a » -IWS -aye a bad effect upon the seenrities at, home. The Upper there «^ a balance io be expended on roads and bnd R es in tli,. A or -i Island of £215,789 voted, and £184 215 out of tho ho'™; Tf I' 1 "- ° A "! y £8 , 15 ' 102 h * d expend up tS ekio/ufti" 0 - t ! ef dt>d » pH "8 f^ plwt «nd rolling T ,' erdtre ;1 r* "" 8t ' U V^nded on the raihv.v account bo o^LV lV Mmmmediatf necMBi '- V ab Lrhil P * Tl UP W " SC " W ' all uvaiJnbl<? !lR ™q bran' absorbed. Ihe large owners of property *ere willintr to bear b.,3 »° > !l PropertJ ; »*«"«• rt *«Sd ihew e tC people the J7 the - v **«» tvk '»6 »Pon tbem^lves. Ho would vote for the amendment and against the bill, as there was not imaielj bocome liable, and its ercd.t would be injured at home bj provincial borrowing. HH t > dpfrndvd Hid Vrin^ii tT B rexlne c t rgoB ; )fs ; ilJi f n - iL Ti^-i35 bil ,on tho ..round that prorn.eial borrowing wa S a reveml TUreT e t7 OrkeBdlol ! 1C - Mr "«'•'"• op^cd the bll "wTni 111 :^ tt ° OlOt>el Knm > — I'J-ed topoincafbo ! i T unit/ S " PP m I|CO l """ fnil ' V <(> ««• Conwhdatioa a- 1 ot Ibb7. JIo Mould buj.,,o, | „ \, mn , or tllo I(roviDco ' oj -

Urannki, on coldnml security. It seemed extraordinary tlitt Auckland should want im pslnto purchased for hor unler the immigration nnd Public Works Loan Act, when it was repreiented in iho schedule that the had a landed estate of ZoO.OOO acres Mr Ackland, in opposing the bill, reftrred to the absence of rating clauses. Dr Pollen replied, urging the necessity for loans to^push on provincial works. °Ike Council divided on the motion for fcho second reading, with the following result :—Ay«, G ; Nooa, 24 In th a legislative Council, to-day, the Governor's Salary IWI pissed its second reading. Mr Sewell objected to the UUI. fie said it was not dcaimble in the face of heavy taxation to increase His Etcellency'a salary. The Search tor Mitienils Bill an.i the Railway Jtegulation and Inspection JJill wore read a second time. The Licensing Bill was rea- 1 a soron.l time without discussion. The Goldfields Act wnuudmeiw Bill was also read a second time. The Diseased Cattle Act, the Quoenstown Reserves Bill, and th» Native Heserves Bill were read a third time.