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LEGISLATIVE COUNCIL.

I BANK OF NEW ZEALAND. 1 ! THE BILL PASSED. (By Telegraph.— Press Association.) WTiTI.TJXfVTON, Friday. The Legislative Council met at 2.30 p.m. " j I The Council went inlo Committee on I the Bank, of New Zealand BilL ! The Hon. J. Rigg moved that the amount of the new e&pital that could be authorised be reduced from three millions to one million. He declared rliat it was not capital that the bank wanted. ! but shares for the s-ha,reholder= to gamble with. Mr. Bell said it was not intended to issue the -whole , of this capital now, as it. was not -likely that anything like so large an amount would be required. The object was to prevent constant banking legislation, and to give the bank the | power enjoyed by .all other institutions I to extend "its capital as business increased. The amendment wa« defeated on a division by 27 to 1. ; The 'bill* was reported without amendment, and read a third ti-nvc. The Tramways Amendment Bill was i recommitted. Dealing with the new sec- j tions of the bill, which had particular ! application to .strike emergencies, Mr. j Bell said the men had no right to hold ; up a public service, though, of course, : they had the right to continue in Che j public employment. The men had their ' remedy under the. Act, and when they I did -not choose to have their grievances ! determined by tha.t. means, they could j not complain if the community organised . to provide for the carriage of people i when the regular drivers refused to do their duty. The se.etion under notice I modified, and to some degree extended. ! 1 the provisions of the Act of 1910. which ] i ga.ve protection in the cases of men who I were then in the employment of the ! tramway?, a.nd provided that in the case of these men examination should be I dispensed with. , ! The Local Bodies' 1/Oa.ne BiH was fur- : . ther considered in Committee, and was ; i reported with minor amendments. ; The Council then went into Committee : on the Mutual Fire Insu.-a-uee Amend- ' ment Bill. A new -ection was added 1 providing that an association may insure against fire the bu'rldings. machin- ' cry, plant, and prodncts of any co-opera- i tire dairy company, registered under I part 3 of the Dairy Industry Act, 190 S. whether such co-operative dairy com- . pany is. or is not, x member of the aeso- ' ciaticm. provided that, except as aforesaid, it shall not be competent for trie t association to insure property of persons, ! who are not members of the association. j The bill was reported with amendments. ■Mr. Bell move,! the second reading of ] the Board of Agriculture Bill. The Hon. .1. A. Anstey moved for the distribution amongst the farming com I mttnity of the remits of agricu-ltura! rr*>t':ircb in colleger and statistical information. He contended tha-t the colleges at pr^^PTif vfr'T'f* orlv jrood to the fortnnate few. They were, no doubt.

vaiuai>le for research work, £rat Oie ■ present facilities for fanners to obtain | present facilities for fanners to obtain ' i resu_l"t_3 of such work were madequa-te-The second reading was carried, and, the Council adjourned at 5.10 pjn.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19131122.2.104

Bibliographic details

Auckland Star, Volume XLIV, Issue 279, 22 November 1913, Page 11

Word Count
530

LEGISLATIVE COUNCIL. Auckland Star, Volume XLIV, Issue 279, 22 November 1913, Page 11

LEGISLATIVE COUNCIL. Auckland Star, Volume XLIV, Issue 279, 22 November 1913, Page 11