THE Otago Daily Times. "Inveniam viam aut faciam." [Established November 15, 1861.] DUNEDIN, FRIDAY, OCTOBER 6, 1865.

Otago Daily Times, Issue 23004, 6 October 1936, Page 2

THE Otago Daily Times. " Inveniam viam aut faciam." [Established November 15, 1861.] DUNEDIN, FRIDAY, OCTOBER 6, 1865.

SEVENTY-ONE YEARS AGO

Economy in finance is seldom characteristic of Governments. There is usually a tendency to spend more money than the people over whom they rule are willing to contribute, and to foster some interests while they neglect others. The Government of New Zealand is no exception to this rule. Lavish in war and warlike experiments, they neglect those more abiding interests which tend to encourage industry and commerce by facilitating communication with the world's population. None but men ignorant, or reckless, could have magnified their petty Maori squabbles, so as to treat them of higher importance than the mercantile and producing industries of the Middle and Northern Islands. . . .

The European news, though pacific, is interesting. It tells of the state of opinion in the Mother Country ; of the difficulties of reorganising society in America; of the continued advance of French prosperity ; of the impediments to reuniting Rome with Italy; of the struggles between the old and the new schools of politicians in Austria and Prussia; and from the East we i learn of wreck and disasters in the Chinese seas. ... On the Continent liberal opinions slowly make their way. It is unfortunate for mankind that in those nations the power of the sword still remains so much more an object of faith than the power of the mind. But the gradual advance of opinion is shaking the old traditions—Prussia is uneasy, and Austria is in a state of change. It may require many years, or perhaps generations, before their liberties are achieved; but these are but days in the lifetime of the nation, and though even bloody struggles may be before them, their social progress cannot now be stayed—the tide has set, and its course cannot be resisted. We noticed 'recently the successful adaptation by Messrs M'Kay and Goodfellow, the contractors for the new Post Office, of steam-driven machinery for cutting mouldings in blocks of Oamaru stone. The machinery has continued to work excellently, as has also the lathe arrangement for turning columns; and a large circular saw is now being fitted and geared for the purpose of cutting ashlar, of which a large quantity will be needed. The contractors have a large quantity of stone quarried; but there is a great want of suitable vessels for bringing it from Moeraki. We have been requested to call the attention of the lovers of cricket to the advertisement in nnother column, announcing that a meeting of the Dunedin Club will be held at the Shamrock Hotel, this day, at 4 p.m. The business to be transacted will be the election-of officers for the coming season and the adoption of the proposed rules. Gentlemen anxious to join the Club are invited to be present. BY ELECTRIC TELEGRAPH. (FROM OUR OWN COKKESI'O.NDKNT.I Lyttelton, 12.42 p.m. The Samson and thhe Yarra were wrecked at Hokitiki on Friday last, also the John Bullock, schooner. Mining news good. . . .