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POLITICAL GOSSIP.

[From Otra Pabuabmntaby Eepokxes.|

WELIIHGTON, Juxy I, The o*ag» I'entral.

A measure of vital importance to tho people of Otago will be introduced to* morrow by the Premier—Tie,, the Otago General Railway Construction Bill, I am informed by Mr Fyke that the> main provisions of the Bill will , probably be the formation of a Trust, who> will be charged with providing fond* for defraying the cost to the extent tof L 200.000, which will be needed for the extension of the line from Middlemarch toEwebum, on the Maniototo Plains, so as to tap the Idaburn Valley. Accounts are to be kept by the Colonel Treasurer, and are to be called the Otago Central Trust Accounts, and out of the 1/70,000 unallotted under the Loan Act of 1888 L 15.000 will be placed to the credit of this account; and from the rents of pastoral runs adjacent to the line, and which may be enhanced in value by its construction, the sum of L 15.000 will be annually applied from such runs to the s»nstruetion of the railway 1 . Provision will also be made by which the Government may advance money to the .Trust's account, out of any department having money aw&iting investment, at the rate of 1 5 per cent, per annum, both interest and principal being chargeable on the 1 pastoral rents already mentioned. It seems the Pat/tic Works officers anticipate that the line to Middlemarch Will be completed in November, 1890. If this Bill passes, it is the intention of the Government to at once let contracts at a cost of L9o,ooOfor that portion of the line between Middlemarch and Hyde. Thus it would seem that reasonably quick progress is to be at last made on this railway, which has been so long known by the opprobrious epithet of "the soup kitchen of the unemployed." The Opposition Leader. Mr Ballance has definitely accepted the Leadership of the Opposition, and Dr Fitehett and Mr Perceval are appointed whips to the party. The Northern Trunk Line. A meeting of the Taranaki and Auckland members was held this morning with reference to the North Island Trunk Railway, Sir G. Grey presiding, and resolutions were adopted as follows:—" (1) That in the opinion of this meeting no further outlay should take place at the Marton end of the proposed North Island Railway; (2) that the line should be at once completed from Mokau River to Porotarau Tunnel; (3) that a deputation consisting of Sir G. Grey, Messrs Marchant, Major Jackson, Goldle, Colonel Eraser, Samuel, and any others so inclined, should wait upon the Premier to present the above resolutions, and report to an adjourned meeting."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890701.2.20

Bibliographic details

POLITICAL GOSSIP., Evening Star, Issue 7947, 1 July 1889

Word Count
445

POLITICAL GOSSIP. Evening Star, Issue 7947, 1 July 1889

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