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ANOTHER VERSION.

Here are a tew of the things which Mr A. \V. Hogg told his Masterton constituents on Friday night, and for which he go* a vote of thanks and the Ministry a vote of confidence :—

The policy of the present Government was essentially o patriotic one. Tbe policy of borrowing English capital bad been abolished, and he hoped abolished once and for all. The policy of tbe Governmenb was one of self-reliance, and it was tho first Government in the history of the colony which had oarried out its public works without borrowing. The Government had of course been charged with sly borrowing. It was true that the debt of tho colony had increased, but only to a comparatively light extent, and not as a result of foreign loan?.

There was an increase In the debfi of the colony last year of over £500,000, bat of this amount £477,466 had been expended in buying native lands, in pur» ahaeiog lands for settlement, and in loons to local bodiea. This money would not cost the coloDy much, as it had been raised on debentures which would yield a handsome interest.

He did not think the Government would incur any risk in its advances to settlers. On the contrary, he thonght they would malje a Rood profit. It was competed that money to the extent of £30,000,000 was advanced to settlers from private sources. At the rate of 74 per cent this meant in interest £2,212,600. The interest on the money at the 5 per cent rate it was being advanced by the Government wonld b 8 £1,475,000, or b saving of £737,600 a year. This wonld be a great) boon to settlers. Tbe obstacle In the way of settlement in the past bad been the dearnees of

money. Tbe railways should not be made a question of £ s d. They should be nsed for tho development ot the industries of the colony, and not with a view to adding a few paltry thousands to the revenue. (Applause,) He maintained that It was not the duty of the Government to barasß the special settlers and demand from them their money or their life. (Applause.) When the Government altered the present system of local admlni-lrilion be hoped it would be made compulsory that in each of the large centres there sbou'd be a produce market. The death of Sir Harry Atkinson had been a severe blow to the colony. Although differing from him in polities', he regarded thnt gentleman as a p&trloti and a statesman. (Applnn?p.) Mr Hoge, M.H.R., said tbo worst form of blight the fruitgrowers had to contend with was not the codlin moth, but the Railway Conimis^iimfrs, And yot Mr Hogg is not nn Irishman, but a canny ! " brlther Scof,"

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBH18950123.2.21

Bibliographic details

Hawke's Bay Herald, Volume XXX, Issue 9895, 23 January 1895, Page 4

Word Count
462

ANOTHER VERSION. Hawke's Bay Herald, Volume XXX, Issue 9895, 23 January 1895, Page 4

ANOTHER VERSION. Hawke's Bay Herald, Volume XXX, Issue 9895, 23 January 1895, Page 4