Hawkes Bay Herald FRIDAY, JUNE 24, 1870.

Hawke's Bay Herald, Volume 14, Issue 1164, 24 June 1870, Page 2

Hawkes Bay Herald FRIDAY, JUNE 24, 1870.

Although the English mail which reached the Bluff on Saturday the 11th instant has not yet arrived in Napier, we are enabled, through the attention ot Capt. Campbell of the Esther, to reprint from the Independent of the 18th, some of the more interesting details of the news to hand. We congratulate our readers upon the continued good market for wool, and upon the improved prospect opened to the flax manufacturer. It would appear indeed as if a revulsion of feeling was about to take place in favor of the latter commodity, — as if early prejudices were about to be overcome ; and it is not unreasonable to look forward to next advices being of a character more decidedly in favor of this infant industry. It will be seen that the friends of the colonies continue to lift up their voices against the suicidal policy of the British Government in reference to the dependencies of the Empire. An able resume of what has been said and written on this subject will be found elsewhere. The opening speech of Sir Philip Wodehouse has introduced a new and puzzling element into the discussion. But, to New Zealand colonists, the most interesting item of news by this moil has been already mentioned by our telegraphic correspondent — the guarantee by the Home Government of a loan to the extent of one million sterling for purposes of immigration and public, works. The Independent says, no doubt on good authority : — " We are glad to be able to supplement the English news received, by this mail, by a private telegram, which informs us that our Commissioners have succeeded in inducing the Imperial Government to guarantee a loan of £1,000,000 to the colony, to be expended in immigration and public works. It is hardly, needful to add, as does our informant, that the most cordial relations exist between the members of the Imperial Cabinet and the New Zealand Commissioners. That such a concession has been made, notwithstanding the emphatic declarations of different Ministers against rendering any such assistance, and that Mr. Robert Lowe should so far have relaxed the Imperial purse-strings, is sufficiently indicative of a chango of policy on their part, brought about rather by the influence of our Commissioners than by any pressure from without. It is inJeed more than probable that the constant and intimate communication which the Commissioners have enjoyed with the members of the Cabinet, have tended greatly to remove those prejudices which the officiousness of ill-advised friends or the misrepresentations of well-informed foes had raised against the colonists, in reference to their dealings with the natives, and the character of their demands upon the mother country."