“Coming Events cast their Shadows before.”
We extract the following from the speech of Sir Robert Peel, in the House of Commons, on the 17th of September last• “ I now come to New Zealand, and I find that bills to the amount of £33 000 have been drawn from New Zealand upon the bankrupt t easury of New South Wales, (Hear ) Do oot flatter yourself that it is half the demand ; there are indications that £54 000 more such bills are on their way. A sum of between £BO,OOO and £9O 000 will be required to meet them. The estimate taken was, I believe, onlv £6,000, ( Hear, hear.) We can now understand the assertion of Mr. Shortland, in the Council, on Wednesday last, that tie could not furnish the Council with the Sydney Accounts, as they were not yet made up.” This is a fearful discovery : the present Estimates before the Council are a mere trifle, it appears com • pated with the debts which the Government have contracted. We shall not only, then, be deprived ot our land, but wesh all have to pay these debts into the bargain. The Government protested the bills of South Australia, and we hav-e no reason to suppose that they will honor ours.
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Bibliographic details
New Zealand Herald and Auckland Gazette, Volume I, Issue 53, 19 February 1842, Page 2
Word Count
209“Coming Events cast their Shadows before.” New Zealand Herald and Auckland Gazette, Volume I, Issue 53, 19 February 1842, Page 2
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