THE TAURANGA AND ROTORUA RAILWAY.
Mil William McCandlish, who arrived by the Coptic yesterday, comes horo in connection with tho proposed railway between Tauranga and tho Hot Lakes, to carry out which it is intended to float a company. The route is to be from Tauranga to Rotorua, connecting with tho Thamos Valley and Rotorua Railway, and the formation of a comploto line from Auckland to Tauranga, with a view of ultimately joining with tho North Island " central." Mr McCandlish informs us that matters in this connection are in abeyance, but will bo brought before tho public when they aro ripe. No enterprise of this kind, ho says, has boon floated in England for the last eighteen months owing, lo tho tightness of the money market, and tho prospect of a war with Russia will not promote a favourable change. Indications from poople in Loudon who aro acquainted with theso things, however, satisfy Mr McCandlish that there willjjo no difficulty in launching tho enterprise? whioh is much appreciated by many, and he believes that whon things mend financially there will bo no trouble in making satisfactory arrangements. In the moantimo, Mr McCandlish intends to got more complete information about the affair than ho has hitherto been ablo to obtain, because the people here do not know what tho poople of England really require before they will enter upon such affairs. The proposals to bo submitted to the public will clopend upon tho condition of tho money market at tho timo thoy ore to bo brought forward. Mr McCandlish loaves for Tauranga on Monday in connection with tho proposed railway.
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Bibliographic details
Auckland Star, Volume XXVI, Issue 85, 18 April 1885, Page 2
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269THE TAURANGA AND ROTORUA RAILWAY. Auckland Star, Volume XXVI, Issue 85, 18 April 1885, Page 2
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