POLITICAL NOTES.

Waikato Times, Volume XXIX, Issue 2387, 27 October 1887, Page 2

POLITICAL NOTES.

[liV TKLKG!I Al' M. —o\V N Ct i!;M.-:-oNI.KNT ] Retrenchment. Wki.i.ing lon, 'A’ "lii'Sdiiy. Thk rumours of tho ii.t.-nli 01s of the Government in the diicctiou nf retrenchment bus croatcd > .mo alarm among-t Southern members, who seen to 11 1i11'k that the large K iuc.ilioin.l Reserves in Otago ami Canterbury will bn sc..'.e I bv tlie lliivenimerit nml colonialis ii. In order to cover the loss tiiat would ari-e loc.tliy from such a course, a moacm.mt is -aid t . lieoii foot at tile instance of tiie Hon. V>‘. H. Reynolds to form a union of .Southern members to secure the passage of an Act to procure the financial separation of the Middle Island. An Elective Governor. Sir (o;or<re Grey intends to brim; in a Hill to provide for the election of the Governor of Xew Zealand. He says the constitution empowers the Legislature to do any such thine it, in its wisdom, may deem needful for the good Government of the colony. Ministers Busy. Ministers are said to be engaged till midnight every night, overhauling Urn departments, which they intend to be. effected m the most exhaustive manner yet attempted at any time. The Budget. The Financial Statement is not expected to be delivered before Tuesday next. The Financial Statement. The Budget speech, which lias been so long expected by both sides of tbe Huu-e, is now practically finished, and would hare been ready for delivery on Friday as originally intended were it not that Ministers desire to have time for a careful revision of tiie Statement before submitting it to the House. Tbe probabilities are, therefore, that, after the questions are disposed of, the House will again adjourn till Tuesday. The Midland Railway. I understand that Ministers intend to make a statement to the House on Friday as to the course which they think necessary should be adopted with respect to the Midland Railway.