THE RAILWAY AND LOAN BILLS.
A private letter has heen placed in our hands which arrived by the last mail from England. We learn from it that the rumour of the Railway Bills having been obtained from the General Assembly by false pretences has attracted attention. It is most important to notice this because it will be said hereafter that if this report operates injuriously to our credit, as it probably will, the blame will lie with us. The intention to issue ' The Press' had not however yet reached England and yet the report referred to is mentioned. We are bound to add that the source in England from which the report now comes as mentioned in the letter in question, coupled with Mr. Moorhouse's long silence under the imputation, compels us to retract our often-repeated assurance that that report was without foundation.
There appears too good ground for believing that when Mr. Moorhouse went up to Auckland he did know that a demand for an increased price would be made by Mr. McCandlish and Baines, and that he would refuse it, in other words that the contract was virtually abandoned.
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Press, Volume I, Issue 13, 17 August 1861, Page 4
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191THE RAILWAY AND LOAN BILLS. Press, Volume I, Issue 13, 17 August 1861, Page 4
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