SIR JULIUS VOGEL'S CLAIMS AGAINST THE COLONY. [BY TELEGRAPH.- PRESS ASSOCIATION] Wellington, Thursday.

Waikato Times, Volume XXV, Issue 2033, 18 July 1885, Page 3

SIR JULIUS VOGEL'S CLAIMS AGAINST THE COLONY. [BY TELEGRAPH.- PRESS ASSOCIATION] W ellington, Th ursday.

Thk fi>lluwing is the full text of Sir Julius Voxel's petition to the Houm? :— " To the Hon. Speaker and tl c membcih of the House of Kepi e-^entattves in Pailiament assembled. The humble petition of iluhus Vogt 1, of Wellington, in the colony of New Zealand, foimoily AgentGenei.il of .Xevv Zealand, .md agent foi the liiscuption of stock, etc , -.heweth : — "1. That your petitioner w a-, appointed Agent-Geneial foi the colony in the year l.S"(>, and continued to hold that office until theilth Octobei, 1-ShO. "2. That dining this period your petitioner became interested m and dnector of the New Zealand Agricnltiu.il Company, Limited, with the knowledge of some of the Ministiy. " That the Ministry did not aftei wauls appiove of your petitionei being AgentGsneral and director of the said company, and your petitioner, by a telegram dated the 7th Novembei, IW, pointed out that it would be unfair to the shaieholders to resign at once. The said telegiam was as follows: — 'Cannot name time lesign ; »h.»icholders would think unfair entertain such intention now ; am willing to take Loan Agency payment by peicentage, and Agent-General without sal.uy ab long as suits Government. Reply — Vcx.ki, ' "4. Yom petitioner received a telegi am fioni the lion, the Pieiniei, Su John Hall, as follows. — 'Wellington, Xovembei 10, Is7<> Voge], London.— Agent Geneial incompatible anothei business. Government considering expediency leheving >ou theiefiom, appointing you agent undei Inscribed Stock Act at centage. Repoit fully by po.st arrangement you would piopose. Sketch bcheine, es.tun.ite annual commission. We would associate two agents with you. — Ham..' "5. That your petitioner, in sending the first- mentioned telegiam to the Ministry, intended that the offer should include the then pioposed loan of h\e millions, and that he should leceive a percentage on th it loan, as well as one on other loans to betheie.ifter r.u-ed.'" "(>. That your petitioner was induced to believe fiomthc telegram received from the Inn John H.ill, and fiom the iea»on tint the proposed new loan of five millions would at that time, so far as it appealed, be the chief source of pi ofit, that the offer held out by the telegiam of appointment as agent for the incriptioii of stock would include the agency connected with the floating of the new loan, and jour petitioner acted upon that belief. " 7. That youi petitioner, fully believing that the h\e million loan was to bo included in the agency to be undertaken by him, and that he w.is to lcceive commission for his services in common with the agents associated with him in heating the said loan, retrained from communicating with the Ministry with the subject previously to the issue of the new loan. "8. That if the five million loan was not intended to be included in the woik to be done by your petitioner foi winch he was to be paid, then your petitioner was misled by the inducement hold out to him, and the proposed appointment was not of the substantial chaucter that yom petitionei had the light to expect. "9. That one of the agents associated with your petitioner in floating was Sir Peinose Gocdchild Julyan, who stipulated that befoie lie lent his aid to the floating of the loan, the payment of Ins service-* should be fixed, and it amounted to moie than foui years' siLuy of the AgentGeneral. "10. That your petitioner had, as the correspondence will show, gieat anxiety and tumble in helping to float the new loan. "11. That the loan agents claimed a commi-Rion on the floating of the loan, and is inscribing the stock ; but afterw.uds, on the suggestion of Sn F. D, Bell, agioed to accept one connnis-ion " 12. That your petitioner was also satisfied to leceive one commission. "13. That your petitionei has received no commission, although a consideiable poitionof the loan was insciibed aftei he erased to be Agent General but still continued to be Stock Agent. " 14. " That the Colonial Stock Act has been of immense sei vice to the colony of Xevv Zealand, and laige sums of money ha\ c been sa\ ed to the colony by adopting the provisions of this Act. " 15. Th.it it was owing to the agreement which your petitioner made with the Bank of England in 1875, and to the Colonial Stock Act, the passing of which by the Imperial Parliament your petitioner •was mainly instrumental in obtaining, that the new loan of five millions was so tjucce.s-fully floated. ■' I<>. That your petitionei was appointed an agent for the inscription of stock befoie he resigned the Agent Geneialship ; but that, though informed by the Pienner (Sir John Hall) that the appointment would be a peunanent one, and was a reward for his .services, his appointment was cancelled, and no lemuueiation or compensation allowed him. Yom petitioner therefoie piay-, that your honomable House will take the piemises into your favourable coiiMdeiation, and grant your petitioner such i edres-. .h jour honouiable House may deem meet."

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