TOWN EDITION

Poverty Bay Herald, Volume XXXV, Issue 11371, 2 September 1908, Page 6

TOWN EDITION

Redstone and Sons' Coast coaches all leave to-morroAv (Thursday) at 6.30 a.m., on account of the tide. A statement of accounts m the bankruptcy of J. H. M. Stodart, of Ashburton (formerly of Gisborne). insurance agent, hns been filed at Ashburton. and the Deputy Official Assignee there Avill, on Tuesday next, apply for an order releasing him from administration of the estate. The snoAvfall m Central Otago is melting very sloavlv, and although it is, meanAvhile, killing thousands sheep, - the resulting Avetness is: percolating so deeply into the soil of that part of Central Otago over Avhich the snow lies that vegetation during the next, tAvo years will receive such a fillip as it has seldom known before. If compensation for immediate loss is to be granted, this aspect of the question must enter largely into any assessment that may he made (says a> Dunedin correspondent). Speaking at the annual meeting of the Canterbury Chamber of Commerce, M r Laurenson. M.P.. Avaxed prophetic regarding the future possibilities of the North Island. "Let me assure you," he said, That from AA-hat I have seen, the growth of the North Island during the past ten years will be as nothirg compared with its groAvth m the next ten years. We iv the South are simply not going to be m it. The North has gone ahead, and it is going ahead. When .the Native Lands Commission lias completed its Avork, there Avill be millions of acres thrown upon the- market, and that Avill have tho effect of booming- tlie North Island to an extent that we cannot conceive at present."