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Waikato Times, Volume XXXI, Issue 2501, 21 July 1888, Page 2

y\ 7 1; present our readers to day with an i ;xtra supplement, in which, besides a :iage of interesting paragraphs, will be found a full-page advertisement, containing the prospectus of the Kauri Timber Company. As is generally known, a syndicate of Melbourne capitalists was formed a few months ago for the purpose of acquiring all the saw-mills aud bush properties in the North Island of New Zealand, with their contracts and busiuess obligations, and creating them into one vast concern. 'JThe negotiations weie success* fully concluded, and the Kauri Timber Company has now been floated. The capital of tho company is £1,200,000 in six hundred thousand shares of £'2 each. Kour hundred and fifty thousand shares are now offered to the public, the remainder being reserved for the vendors. One hundred thousand shares are specially reserved for sale in New Zealand. The directors are men of high standing in Melbourne ; the managing director is Mr David Blair, of that city, and the local director, Mr George Holdship, of Auckland, late of the Auckland Timber Company, who is a man of great business abilities and practical knowledge of the timber industry. No doubt there are many objections to the encoiuagement of huge monopolies which may become possessed of preponderating politico.! power. But, at the same time, it is satisfactory to find that we are able to attract large amounts of capital for investment in the colony, and that we possess valuable industries that are worthy the attention of wealthy men in tho neighbouring colonies. The operations of the company will be systematic and on a large scale, as can well b« imagined. As long as the timber from our kauri forests remaiu unexhausted, the extensive business of the Company will i-bsorb a large amount of labour aud distribute considerable sums of money in various parts of the provincial district. That the concern will prove remunerative to the shareholdeis, there can be no doubt. Our leading article, correspondence, and other matter are held over to give space for the batch of European cable news which has come to hand. Butter is Is lOdper lb in Brisbane, Queensland. Hon. W- Hislop's Volunteer Bill has passed the third reading. The affirmation in lieu of Oaths Bill has passed the House of Lords. Thirty.five of the horses sent by theTe Kapo to Calcutta perished on the voyage. The English mails, per direct steamer, close at tho Hamilton Post-office to-day at 3.15 p.m. Mr Henry Anderson, a wellknown journalist, died in Wellington yesterday at the age of fifty, from cancer m tho throat

The frosts in the Waikato are now - very severe, but the weather through the I day is warm and genial. a Nothing has been seen or heard of , Turei, the Maori wife-murderer. The , Maoris are very bitter against him. h Major Jackson has presented a t petition from the Karioi ratepayers for an alteration in the system of levying rates. £ John Webb was brought up before the 11. M. at Cambridge on Thursday, and was ordered to contribute £1 per month j towards supporting his wife. , The Hamilton Volunteers are , signing a petition against the passage of the Hamilton Volunteer Hull Bill, prepared by the trustees of the Public Hall. A public meeting held in Auckland on Wednesday night, decided to request the Government to resume settlement 1 of the land under the Village Settlement Scheme. The Rev. W. Beatty, M.A., Warden of S. John's College, will preach at both the services in S. Peter's Church, Hamilton, tomorrow, and will also conduct a children's service at three o'clock. The local officers of the Salvation Army received word yesterday that it was probable the Major would pay Hamilton a visit on the 7th of next month, when he will present the Army with their colours, etc. While the Salvation Army were holding their open-air meeting in Hamilton East on Thmsday night, they were much annoyed by the larrikins interrupting them. It is time this sort of thing was suppressed. The Star Minstrels will give an entertainment at an early date, in aid of the funds of the Hamilton Light Infantry Band. The programme to be submitted is an excellent one, will be advertised at an early date. A little boy, son of Mr Robert Heslip, of Cambridge, met with an accident on Wednesday. He was playing football, and ran against a fence, dislocating his wrist. Ho is under Dr. Cushney's care, and will soon be ac school again. An Emperor's life is certainly, like the policeman's, not a happy one. Accordintr to a late cablegram, the new Emperor of "Germany, William, is threatened with a severe malady—an abscess in the ear which Dr. Morell McKenzie thinks may affect his brain. The bonus of £400 given to Mr O'Connor, of the Public Works Department, in lieu of an increase to his salary of £SOO, was for his services 111 reorgnising the Department and saving the colony many thousand of pounds. That is the explanation. As Miss Searancke and her sister Mrs Ward were out driving on Thursday afternoon, the horse bolted. Mrs Ward jumped out of the buggy, but, happily, sustained no injury. Only slight damage to the harness was done. The members of the Mokau Jones' Commission proceeded to yesterday, where they will continue their enquiries and examine natives concerned in the affair, who are now attending the Land Court at present sitting at Otorohanga. The Minister of Lands did not take the result of the Auckland meeting, I on the question of Village Settlements, very I graciously. He is reported to have said , that there is not the slightest prospect of the sum of £10,000 being placed on the Supplementary Intimates for the purpose. In the House on Thursday night, stonewalling continued on the Hospital and Charitable Institutions Bill till after o'clock, when a compromise was effected between its supporters and opponents of the Bill which agreed that the committal of the Bill be made a third order of the day for Thursday. The House rose at 4.20 a in. The so-called assault cases between Ngahiwi and his relativo Hori Twitoi to a conclusion at last on Thursday. The complaints were dismissed without costs, 1 but each litigant had the pleasure of paying their legal advisgrs something like £10. Kather a dear poke in the ribs on the one side, and assertion of dignity on the other. The Maoris, however, love law, though dearly bought at tinms. The Pakuranga hounds met at Hautapn yesterday, about 40 members 1 attending. Mr»T. McNicol had laid a drag i that provided some very stiff jumping and there were spills galore. One of the fences ' was only negotiated by seven horsemen, ; many others coming to grief. This after- > noon the meet wiU be held at Mr James 5 Taylor's at 3 p.m. It is expected thero will i be a numerous attendance.

At Ngaruawahia, on Wednesday evening, one of the horses in a trap that formed part of the Salvationists excursion bolted, in consequence of the driver taking off tho " blinkers " with the intention of putting cm the ni.se-bag. Tho trap soon came in contact with another, and a younpf woman, \vld whs in tho trap at the time, was thrown violently out, but fortunately sustained no further injury than a severe shaking. With reference to the sulphuric acid antidote for diphtheria, we may state that the paragraph we published was cut out of tho Auckland Star a few years back, a time when the disease was prevalent in Auckland, and was carefully preserved by a lady who handed it to us for republication. Coining from a journal of such high standing as our contemporary, we never for a moment questioned its genuineness. The Supplementary Government Gazette for June, contains the classification of the teachers under the Board of Kducation for the year. We observe that Mr W. S Stewart, of Cambridge, has been promoted to Class 81. It is a well-deserved promotion mainly due, we understand, to marks assigned by the inspectors. Mr Stewart having been credited with the highest number of marks for excellence in thu art of teaching. Although the remuneration is decreasing the marks, in some instances, are increasing.