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THE NORTH ISLAND MAIN TRUNK RAILWAY.

A CHEAP LINE. AUCKLAND, July 14. Iv his speech at Whangarei, the Hon. E. /Mitchelson, referring to the construction of the North Island trunk, railway, said it would be useless to construct it unless Mr. Bryce's Native Land Bill was passed, as speculators would buy all the lafnd along it, probably for 2s or 3s an acre ; whereas, if the Bill were passed, the Government would buy up all lands on either side of the line. In reply to a question as to how the interest on the million required for the line would be met, whether it would be met out of loan moneys or fall upon general taxation, he said that if the Native Lands Bill passed, and the Government acquired the land as above indicated, it could be resold after the railway was made at £A to j65 an acre, and such sales would realise as much as would construct two such lines. The colony would be a gainer by the transaction, and the general taxpayers would be benefited instead of burdened. He spoke against financial separation, and' said it would be disastrous to the North Island. SHIPPING, PORT CHALMER.S, July- 14The Coptip, from L.ondpq, arrived off the heads' too late to come in on to-day's tide. The Emma Emuler, barque, from New York, has arrived,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HNS18840714.2.14.1

Bibliographic details

Hawera & Normanby Star, Volume V, Issue 848, 14 July 1884, Page 2

Word Count
225

THE NORTH ISLAND MAIN TRUNK RAILWAY. Hawera & Normanby Star, Volume V, Issue 848, 14 July 1884, Page 2

THE NORTH ISLAND MAIN TRUNK RAILWAY. Hawera & Normanby Star, Volume V, Issue 848, 14 July 1884, Page 2