AUCKLAND SAVINGS' BANK.

New Zealand Herald, Volume I, Issue 229, 6 August 1864, Page 8

AUCKLAND SAVINGS' BANK.

A meeting of the Trustees of this Bank took place j r esterday afternoon, when the following statement was laid on tho table by the Manager, 3lr. G'oouibe:— 1864. - Depositors. Amount. £ e. d. January 1 ... 1,638 ... 32,057 10 7 July ... 3,017 ... 57,854 14 5 ... 1,379 ... £25,197 3 10 ■ Waikato Militia 1,050 ... £11,923 111 Regiment. Depositors. .Amount. £ s. d. 65ili ... 18 ... 290 9 G 43rd ... 6 ... 69 15 0 suth ... oo ... 502 15 0 40th ... G ... 116 0 0 14th ... 2 ... 120 0 0 18th ... 16 ... 191 10 O R. A. ... 21 ... 257 7 0 M. T. ... 2 ... 13 10 0 G.T. C. ... 3 ... 27 0 0 A. H. C. ... 19 ... 174 12 9 148 ... £1,792 18 3 It will be seen that the number of depositors has increased by nearly fourteen hundred during the past six months, and it is gratifj'ing to see that during that time uo less a sum than £11,923 Is. lid. has been deposited by the men of the Waikato Militia regh-aents alone. It will be seen also that the men of the regular service, considering the difference in their pay, have contributed fully as largely in proportion. W hen we find that of the Waikato Militia no less than 1,050 have already deposited a sum of nearly £12,000, wo think there is no fear but that a large proportion will, at the end of the three years, be in a position to settle themselves on such land as has been allotted to them. When once a commencement is made, a man is encouraged in his thriftiness, and becomes more and more inclined to add to the nest egg. Many of these men we know have accounts at other banks, and there are, doubtless, many who save without resorting to the banks at all. We shall have more to say on this head on another occasion.—July 19. THE TROOPS IN NEW ZEALAND, Since the arrival of the last English mail in Auckland, we have been aware of the fact that the British Government had made some notification to the effect that at the close of the coming year, but one regiment would be stationed in New Zealand, the 18th, and that what other troops the colony required must be paid for. at the rate of £40 per head per annum. We refrained from giving publicity to this piece of intelligence because from a private letter posted at the closing of the mail we received information of a contradictory nature and stating tliat certain qualifications to this decision were about to be made by the Imperial Government. We therefore waited for further information on the subject being unwilling to believe that the Imperial Government intended to leave the colony to fight out at its own cost the quarrel of the mother country with the natives. We are still of opinion that the announcement of this intention was premature on the part of a cotemporary to show the possession of any information is so rare an occurrence that the temptation was. we dare say, too great to be resisted. The intelligence which will be received by the next mail will doubtless considerably modify so unjust and unpoiitic a course on the part of the I British Government. When- the rebels have been subdued- and dis- ' armed then indeed the British Government will have a right to withdraw its men. Were the quarrel of our seeking or making it would have a right to do so now.—August 4.