WAIKATO DISTRICT NEWS.

New Zealand Herald, Volume XXIII, Issue 7568, 22 February 1886, Page 3

WAIKATO DISTRICT NEWS.

[PROM OUR OWN CORRESPONDENTS.] , Hamilton, Saturday. The Mayor returned yesterday from Auckland, and publishes in the local paper correspondence between himself and Sir Julius Vogel on the Hamilton loan and proposed public buildings. The only addition to the information on the matter already published by the Herald is contained in the communication of Sir Julius Vogel, in which he refers to the manner of raising the. loan, which, he recommends, should be raised on debentures, not issued for a fixed period of 50 years as proposed, but with the power to pay them off at any time on giving six months' notice. As proposed to be done, the loan would remain a fixed mortgage for 50 years, and when another loan was- required it would be a difficulty in the way. According to Sir Julius' suggestion, if it become desirable to borrow a further sum in a few years, so much more could be borrowed as would take up the first loan as well, and 80 leave the new loan a first charge. The money which, a few days ago, I stated could be got at 5% per cent, instead of 6 per cent, as expected,' Is to come from the Post Office Savings Bank fund. Another suggestion thrown out is that the public buildings should be erected conjointly by the borough and the Government, in which case they would certainly be (of brick, and would cost about £5000, according to the plans prepared, Sir Julius Vogel, however, holds over the terms for joint construction for further consideration with the heads of other departmants. However all this may be, the lands are ready for handing over to the bdrough, and the loan will go on, for the Hamilton vote will be almost unanimous. Much as the property assessments have been objected to elsewhore, not a single objection has been lodged in this borough against them.

Cambridge, Saturday. '" The prize schedules for the exhibits at the show of the Waikato Horticultural Society to be held in the Pubttc Hall, Cambridge, on the 17th March next, are now issued, and obtainable free from Mr. George Edgcumbe. the Secretary, Mr. Dyer, and Mr. Bond, of Cambridge, and in other townships. The book contains also the rales of the society, rule? for conduct of the show, and rules for the of judges. Every preparation in being made to v render the affair a success, both as regards the accommodation in the hall and the details of carrying but the »how, and Mr. Geo. Edgecumbe, of Hamilton, to whose energy last year's show owe* so much of its success, has promised to come up to Cambridge, and assist in the detail work on the 16th and 17tb. When in Auckland last w<»ek Mr. T. Wells, who hrid been' commissioned to expend .1 sum of about £10 from the balance of last year's surplus funds in the purchase of show plates was fortunate enough to pick up a crate of fifteen gross small places exactly suitable for holding exhibits of fruit. !.a*t year they were not obtainable in sufficient quantity, and were of too large a fJze, occupying too much unnecessary space upon the tables. Arrangements of a most satisfactory character have also been made with the Railway Department. The excursion train is to be so timed, that it will reach Cambridge at half-past eleven, leaving for Auckland at half past sir p.m., and the fares will be as low as 6a and 9', and for a slightly extra charge excusionists will be Allowed to remain a day or two longer in Waikato, and return by the ordinary trains. Extra trains will also be run between Cambridge and the other Waikato stations to enable visitors from the out districts to arrive and return by other than the excursion train. Offers of special prizes are requested by the committee to be made either to Secretary (Mr. Edgecumbw), at Hamilton, or Mr. R. W. Dyer (the Secretary of the show committee), at Cambridge. Ngarpawahia, Saturday, There was no interest taken in the licensing election here. Only five were nominated—Messrs. D. Combes, T. W. Davies, D. Henderson, P. Kay, and F. G. Taylor —and, of course, declared duly elected.