PARLIAMENTARY.

Poverty Bay Herald, Volume XIX, Issue 6485, 30 September 1892, Page 3

PARLIAMENTARY.

(FROM OTTR OWN" CORRESPONDENT. ) Wellington, last night. Upon receipt by the Council of tho reasons of the House for disagreeing with the amendments made to the Electoral Bill, Sir P. Buckley moved that the funendmenta be not insisted on. •■*' Mr Reynolds said he had never in his lifetime seen such frivolous objections, and did not believe they were worth considering. The Council decided to insist on the amendments, and Messrs Stevens, Oliver, and Stewart were appointed to represent them on the conference, Wellington, to-day. The Gisborne Harbor Act Amendment Bill, and the Cook- Waiapa Counties Property Adjustment Bill, passed th« final Btßges in the House to-day. The latter one becomes law, and fche first-named has yet to pass the Council. It is understood that atnongefc those who are to be appointed to the Council when the calls are eventually made will be Messrs Walker and Montgomery, from Canterbury ; Mr Feldwick, Invercargill ; Hon. E. Richardson, Wellington. Tt is improbable that Mr Tole will be appointed, because he would have to give up a lucrative position as Crown Prosecutor, and .lohn Lundon is quite out of it, because of the recant disclosures. The Land and Income Tax Amendment Bill was considered in Committee last night. A inqtion by Mr Joyce to strike out the exemption of savings banks was

lost by 32 to 22, as were proposals by Mr Moore to exempt building societies, and Mr Houston to exempt standing timber. Mr Mackenzie moved that incomes derived from money advanced on land by way of mortgage be exempted, as subject only to income tax. This was lost by 26 to 16. Mr T. Mackenzie moved to exempt to tho extent of LIOO derived from mortgages, provided tho person enjoyed no exemption for land. The proposal was lost by 16 to 13. Progress was reported, and the House rose at 3.20 a a. It was rather amusing when the Taxation Amendment Bill was under consideration early this morning, to witness the effort made by Mr Houston and other Auckland members to exempt standing timber from taxation. It appeared that the Aucklanders, who hated the property tax which exempted standing timber, havi) discovered to their horror that this new tax for which they clamored has a distinctly opposite effect. Captain Russell pointed out that timber gives value to land, and grass gives value to land. If they taxed grassland, why not tax timber land on the same principle. Mr C. Mills said the timber was a saw millers' capital. They did not tax a merchant's capital, only his income. Mr Houston said they should tax the timber men on their profits. Sir John Hall agreed if they confined the tax on farmers to their income. The Aucklanders declared that the timber industry would be destroyed by this tax. The companies would be forced to cut down the timber, and by glutting the market ruin themselves. Mr Houston's motion was at length defpated. The Native Land Courts Act Amendment Bill, given notice of by Mr Cadman yesterday, provides for the appointment of a Deputy Chief Judge. Wellington, this afternoon. In the Industrial Conciliation Bill, as amended by the Labor Bills Committee of the Council, the Auditor-General is substituted for a Judge of the Supremo Court as the member of the Board of Arbitration to be appointed by the Governor. The portion of the Act bringing the Railway Commissioners under it will probably be struck out by tho Council. Tho supplementary estimates are to be brought down on Monday. Mr Seddon informs me that he intends t> prorogue on Friday next. The days of the Railway Commissioners would appear to be numbered. The term of their appointment expires on 27th .January, 1894, and the Government have determined to propose next session to again give control of the railways into the hands of the Government. With their present majority in the Lower House and tho calls to be made in the Council they are sanguine of being ablo to carry such a proposal through both branches of the Legislature.

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