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Thursday, September 30.

> Present—Hi» Excellency (be Governor, the Colonial Secretary) the Attorney General, the Colonial Treasurer, Mr. Brown, and Mr. tyferrimtn. On the motion of the Attorney General, Council returned in committee on the Births, Deat bs, &c, Registration Bill. A new cteuw proposed by Mr. Brown, was considered and postponed for re-consideration.

Debenture Bill. Ou the motion of the Colonial Treasurer Council returned in committee on this BilU The schedule was considered, and on the mo* tion of the Attorney General, the small debentures under one pound, amounting in the whole to £237, were ordered to stand fitst in order for payment ; and the debenture certificates, amounting to 41373 18s. Id., to stand next. During the discussion, on the Attorney Generftt'i pcopQlUiQßit tk* GoYerngr expired (q the

Council his willingness to .'pa; off at once th« whole of the debentures, except those already funded at 8 per cent, and the special debentures j but that the latter should bear 8 per cent, interest until notice would be given that the Government were ready to pay them off, which would be done according to priority of their dates. The Attorney General, the Colonial Treasurer, Mr. Brown* and Mr. Merrimau, expressed their satisfaction with the Governor's proposal i but the Colonial Secretary was desirous tout tht holders of the special debentures, or their agents, should be consulted before any definite arrangement, such u the one proposed by the Governor, should be decided on, A kind of promise bad been made I y the Executive, tlut these debentures should be paid off first, and le«t the Government should be charged with a breach of faith, he should like that the assent of these parties should be obtained. The Governor did not wish that a, breach of faith should be made— but be thought tbat faith had been broken from the very commencement, as regarded the debentures. He could see his way clear through the course he had proposed—but if the Council could propose a better he was ready to acquie&ce in it. The Committee then adjourned. The Attorney General then brought up the report on the Fencing Bill, which was received and | Adopted. On the motion of the Colonial Secretary, Council resumed in committee on the Education Bill, and, after consideration •of several of its clauses, it was postponed till Saturday* Council adjourned.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZ18471006.2.5.1

Bibliographic details

New Zealander, Volume 3, Issue 141, 6 October 1847, Page 2

Word Count
391

Thursday, September 30. New Zealander, Volume 3, Issue 141, 6 October 1847, Page 2

Thursday, September 30. New Zealander, Volume 3, Issue 141, 6 October 1847, Page 2

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