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THE Bay of Plenty Times AND THAMES VALLEY WARDEN.

' The Spirit of the Times shall teach me speed — KINQ JOHN, ACT IV.

FRIDAY, JUNE 15, 1888

Or the loan of two millions, which has been so successfully floated, only a fourth part is really at the Government's disposal. The balance, a million and a half, goes, of course, as soon as may be, to the banks who lout the same in ant icipation of the public loan now obtained. One half of the loan is the million authorised for the Main Trunk Central Railway. There has been expended on railway works about four hundred thousand pounds, and for snagging the Wanganui river seventy thousand pounds from tbe provision made by Parliament for the Main Trunk Railway. And thus the half million in hand is on account of the "direct" railway. As this preposterous scheme now seems to be banned by everyone, those who have been having a good time bitherto from the special allocation of borrowed money are naturally desirous of getting into their clutches tbe only possible "find" for several years to come. They all, small and great, emit the sinister, horse leech cry. 'give, give." Woodville comes forward begging for a good slice, and so does Marton ; and Otago central and Manawatu extensions are not by any means behind. But for unblushing mendicancy Wanganui comes in an easy first- Regarding the loan authorised for the Main Trunk Central Railway, the Yeoman Ba ys :— -Half of it has been anticipated, but, if it is decided to stop the work, what will Sir Harry Atkinson do with the balance of the 'ear marked' loan ?" " Will he cut out the ear mark and use the money on other works, or invest it at a larger rate of interest than the debentures carry and thus make a profit ?" The idea to " thus make a profit " seems not to commend itself to the Yeoman. But as to what the right idea is, to our contemporary's mind, be does not leave us in any doubt. "We should," he says, "like to see the line finished as far as the Wanganui river from the Auckland end and the river cleared of obstructions to the terminus, so that shallow draft steamers could ply on it, and connect with the railway service." Having already got for snagging the river seventy thousand pounds of the loan "ear marked" for the Central Railway, Wanganui should, according to the Yeoman* ideas, get the whole balance of tbe "ear marked" amount spent on work for her special benefit. It would almost appear as if our contemporary's proposed further misappropriation of the " ear marked " money had been an idea latent in the minds of those responsible for the original snagging misappropriation, toot resuscitated if the opportunity i offered. We think the Yeoman should Ibe fer the present satisfied with the misappropriation already made for Wanganui's behoof, and not be like that greedy boy who "always asked for more." The snagging was a very good thing for both Wanganui town and river, and should have opened up country for settlement thereabout for many a day to come. We quite agree with the Yeoman that, as railway opened in settled districts don't pay, to go ob with the Main Trunk Central is now quite out of the question. It seems to us that the proper use of the half million in hand it to keep it there, and we are glad to think that Government mean to do so, as a reserve for any emergency that may arise in consequence of the extremely critical European situation.

The Frisco outward mail leaves to-morrow. The Farmers at Kijtikati are now preparing their land for sowing oats. From what we can hear there will be a large area sown there. As there ik every likelybood of a steam thresher bein* got for the Taurauga wheat, we wouH recommend the farmers at Katikati to allow their ©ate to ripeu instead of cutting tbjbm into chaff. Mr Bickers has just finished painting the fronts of the shops of Messrs Garter and Bonner, and another empty one alongsidp. The work has been done in a tradesmanlike manner, and gives quite a polished appearance to the North east portion of the Strand. We hope to see more of tbe Strand shops renew their youth with the Mfiitano* of Jftr Bickers,

Mr BodeU has made an ad<"tion to hi:; advertisement of the cutter Oi.

We have seen at Mr E. McDowal's, saddler, a new trotting gig made for Mr McDowal by Mr R. Stuart, coach-builder, Devonport road. This gig is we. 1 ! made and finished. It is light, elegant, strong, aud cheap, and a credit to Tauranga. We need not go to Auckland for them when we can get such articles made locally.

The statement in our columns, a few issues ago, that the machinery being erected by Mr Parkes at the Tui creek was to supersede that intended to bo erected at Te Kopu is, we are informed, not correct. Mr Parkes, our informant states, is still intending to erect his main works on the Thames river.

The orofters' settlement petitions lie for sigrnature at Mr J. W. Gray's, and at this office. Ail who have not yet signed should do so to-morrow forenoon, as the petitions will be despatched to We"ington by to-mor-row's mail. «"*lslr B. McDonnell hal commenced clearing /the site for his new/hotel at the Uretara. [The site is a very rood one, and affords a splendid view of tli i district. We understand that the hote] is to be 100 feet long by 30 feet wide. A.s bricks made locally, can be pnrohased so < heaply, we would like to see a biick struc ure erected instead of a wooden one. i ''There are now two nasty slips halfway between the Junction Hotel and Te Aroha. Wo trust that the County Chairman will communicate with the Minister of Public Work*, asking to bo allowed to place two men on the road for a fortnight.

Mr S. Earl of Aongatete has just opened his last kiln of 1,500 bricks. The bricks are of capital quality, and prove beyond a doubt that the bricks he is [now making are as good as Auckland bricks.

Attention is direoted to a sale of drapery, tutter, and potatoes, and onions, by Mr R. C. Jordan at noon to-morrow.

"We draw the attention of our readers to Tuesday night's programme (which appears in another column) of a benefit concert to Mr R. Clarke, prior to his leaving for England, to complete his musical education there. The programme is all that could be desired, and will be carried through by some of our best local talent. The conoert is sure to draw a fr.ll house.

Garlick and Cranwell have made a general reduction in prices to suit the times Theirs is the largest and cheapest stock in Auckland of Furniturtf, Bedding, Carpets, Floor Cloths, Iron Bedsteads, Perambulators. Curtains and all kinds of Furnishing goods, Goods are very carefully packed. Prompt cash, discount 5 per cent. Price lists sent post free. Chairs in great variety — good strong cane-seated chair 2ov 3s 9d. Furnish your house from Garlick & Cranwell, Queen Street, Aaokland.

BtroHTT-Pixßi." — Qaiok, complete core, all annoying Kidney, Bladder, and Urinary Diseases. At chemists and druggists. Kempthorne, Prosper & Co., Agents, Auckland.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BOPT18880615.2.6

Bibliographic details

Bay of Plenty Times, Volume XV, Issue 2294, 15 June 1888, Page 2

Word Count
1,225

THE Bay of Plenty Times AND THAMES VALLEY WARDEN. Bay of Plenty Times, Volume XV, Issue 2294, 15 June 1888, Page 2

THE Bay of Plenty Times AND THAMES VALLEY WARDEN. Bay of Plenty Times, Volume XV, Issue 2294, 15 June 1888, Page 2