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INTERPROVINCIAL.

PER PRESS ASSOCIATION.

Auckland, May 29. * An ?Australfein tourist staying at the Star Hotel reports" that'he has-been robbed of £100, taken from his iroom during his absence. A man named Salvador Vos, a West Indian, employed at the Royal Mail Hotel as-night porter, cut his throat to-day,,but not; fatally, and is now out of danger. The act is attributed to jealousy. i The annual report of ■ the Auckland I Fibre Company shows a neb profit of £4589. Of this £1855 has been devoted ton' reduction of the profit and loss debit balance, and £200 to the special account for repairs. : T. Sullivan, who recently won the Amateur Sculling Championship of the Colony; intends tio proceed to Sydney to enter on a sculling career. He will be trained by Matterson. Sullivan, who is an Aucklander, has resigned his position in the Torpedo Corps. Wellington, May 29.

The ( commission of Captain ', John Stevens, of the Rangitikei Cavalry Volunteers, ,has been cancelled for t absenting himself from the colony Hvithpu't leave. £unedin, May ,29. The Pharmacy Board invite the cooperation of the Associations of Auckland and Ohristchurch in passing a Pharmacy and Sale of Poisons Bill this session. [ Port Chalmers, May 29.; • Sailed—Nairnsliire, for London with 12 passengers, and the largest cargo which ever left this port; consisting of 1167 bales of wool, 579 do flax, 56 do sheepskins, 238 do rabbit skins, 6 do hare, .21 do *> basils, 12,460 sacks wheat and oats, 102 sacks peas, 5 sacks -flour, 63 casks tallow, 18 casks peltsj 3537 cases preserved meats, 424 cases" cheese, 55 cases kidneys, 54 packages sundries,' 250 hides, 20 calf skins, 20,966 carcases mutton. ■: „ ■ ;

Consolidation of <JLocal Loan.s.

Tlie Hon. T. Fergus writes to the Dunedin " Star," denying that in his Q;, i :■>■'■■■• ".-:■! ]■ re the consolidation '■'■■.' I ■■■!!■■ ' us he had any idea of including past loans. He goes on to say —"My remarks applied entirely to future loans to be raised for the purpose of paying off local bodies' debentures as they become due. My contention ''was that if some method could be devised whereby these loans, when they fall due, could be re-issued at a less figure ifc would be a judicious step, but I again say that I never wished to say, nor have I, so far as I can see, said anything to lead anyone to imagine that the colony would take over all the loans at present existing. It would be absurd to suppose that we would do so, for a mere intimation to that 'effect would cause the debentures to rise considerably in value, and it would be im- | possible to pbtain them at a price that would justify the ! transaction, in other I,words tjier^e would be little or no saving l-to the- local: bodies,. The Government never hud any idea of taking up local bodies 1 loans in the manner I am charged with desiring to do. If I could only save tlie.se local bodies 2i to 3 per cent 1 would gladly do so. That this can be dono without any colonial guarantee [ believe, but for my own park T would have no hesitation whatever, after due and careful investigation, to the Government giving a

guarantee, as in the cases of the Westport and Grey Harbor Boards, which through such guarantee* obtained their money at 4 per cent. ■ ; ,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18900530.2.8

Bibliographic details

INTERPROVINCIAL., Ashburton Guardian, Volume XIV, Issue 2438, 30 May 1890

Word Count
556

INTERPROVINCIAL. Ashburton Guardian, Volume XIV, Issue 2438, 30 May 1890

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