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ANGLO-COLONIAL NOTES.

: , [FROM OPE. OWN CORRESrCNIJENV.] ..,;■: Loxi>ox, November 11. . -■. Some months ago I stated that the - Maty. . kets Committee; of- the City Corporation-. .;>: •. were endeavouring to impose a, toll on all ;./i ;:".* frozen meat, orders for which were taken- \c on the London markets. The Agents-Gene- J. ... ral of the Australian colonies and Mr. W. • - "P. Reeves, on behalf of New Zealand, ' - joined) in a protest to the- Board of Trade, asking that Department not to sanction • ' - .. the proposed toll. Since then nothing has . \ | been heard publicly of the matter. . '■ -. Mr. David • Somerville, of King's College, • London, has just published details of laboratory experiments which have been carried out on - the digestibility of - dried milk. V. " Samples of milk-powder were obtained f , --'V from Denmark, the South of England, r :'j I France, Argentina', and New Zealand. Alt except those from -New Zealand varied considerably in the amount of fat contain* ed, and as the : New ■ Zealand samples pre-'' sented constant composition, they are used ... 3 for the bulk of his work. This constancy! ""* e j Mr. Somerville;attributes to'" ; the creamery; •; -\ system,. .•■•:;. .■ . '<■'■'} - • With reference to a. cable message froml •',£ Wellington,V the High , Commissioner fori ; New Zealand; has communicated the follow-! ■ }■:■ ing to Renter's Agency-—"A recent tele* 'J \. gram. summarising the speech made in Wel- : /, ;i lington by Mr,- Seddon put in his mouth -. - y the. statement that his Government. intended to .establish a .universal and national scheme- -? ;; of. State subsidising. The High Coniinis- . , sioner for New Zealand desires to say that" '? ~ : what Mr. Seddon said was merely that he ' '. had under consideration a scheme for en- "" ; , - couraging national, thrift in the form of •■{ ' voluntary - v and .-. contributory insurance - .-. against old age. He thought that such « - " scheme might be subsidised by the State' ':>:?;' in a moderate way. Referring to the Japanese' ' ' alliance, the Premier spoke' of it in s terms -" < of warm admiration.?:/He's pointed out that the Japanese did not want to come to. New . Zealand in any large numbers. Should ,■.<-'.% they do so they must comply with the ..'•.»: colony's laws. These did not debar Japan- . '-" ese from "entering on certain conditions.' As "* j regarded its immigration laws, however, ■ the colony could not submit to outside dicta-;. * -~ tion." ■ ■•...::>: - ..-. -...'..■-., ... -. - : - * .On the 15th inst. the meeting will held in Edinburgh of the New Zealand and Aus- " tralian Land Company, whose directors have just issued their report for the year ended March 31 last. It is; stated that the sum • brought forward from the last account was . £2776, while the net profit from the work- ; : • ing of the estates during the year, after ' deduction of £35,033," interest on debenture " , debt, amounts to £168,033, r together* ■"' £170,809.•■■■! The large profit shown is due to exceptionally high prices obtained foe sheep, wool, and other produce. The com- , i pulsory sale of the Leveia .1 state to the . • Government of New Zealard, together with .'.,-! the sales of land to settlers. L, that colony, " " "_ * ?' 'recently liberated' a large amount of the, • '[:M company's capital, which, 'luring the past ; 18 months has been reinvested to' the extent of about £550,000 in the purchase of valuable estates in Australia, the result being . _~ that three-fourths of the company's capital is now invested in New South Wales and " Queensland, leaving only one-fourth in New Zealand, where formerly the properties re .presented fully one-half of the capital- '-' • ■ '"■' I, :,—^.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19051213.2.80

Bibliographic details

New Zealand Herald, Volume XLII, Issue 13048, 13 December 1905, Page 6

Word Count
555

ANGLO-COLONIAL NOTES. New Zealand Herald, Volume XLII, Issue 13048, 13 December 1905, Page 6

ANGLO-COLONIAL NOTES. New Zealand Herald, Volume XLII, Issue 13048, 13 December 1905, Page 6