THE RECENT LOAN.

Southland Times, Issue 18939, 12 May 1923, Page 4

THE RECENT LOAN.

Although one correspondent has proved to his own satisfaction that the recent £4,000,000 New Zealand loan was less advantageous to this Dominion than it should have been, the stubborn fact seems to be that the London press regards this loan as an important achievement, and directs attention to the high opinion the City has of this country. The loan was accompanied by a prospectus which explained the financial position of New Zealand, and in the circumstances Mr Massey is entitled to be elated at the terms on which the loan was taken up. A significant fact is the comparative silence of the Liberal press on the subject. The Lyttelton Times certainly seized the complimentary reference to New Zealand’s sinking fund arrangements as an excuse for a broadside at the Government, but the subject of the assault was not the cost of the loan. It was suggested that the success of the loan was due mainly to the Public Debt Extinction Act, Sir Joseph Ward’s measure, but it is noticeable that the prospectus of the loan was also the subject of congratulation, and from that we may argue that the general condition of the country, about which some folk become dolorous as a proper attitude

for party eriticism, had a bigger influence on the investors. The New Zealand loan was more advantageous than Australian issues. The New Zealand loan works out at well under 5 per cent. At the same time we may congratulate ourselves at this turn in events, because it is suggestive of advantageous terms for the Power Board when it goes on the market for the second portion of its loan. It is generally believed, too, that the success of the Government’s loan will be taken as an indication of cheaper money, to the advantage of the industrialist in this country. The flotation of the loan is the Government’s answer to much of the criticism levelled at its financial policy, and it will be used to answer more than it can meet, but actually the most pleasing feature is the effect this proof of London’s confidence will have in the Country.

Hyman Isaacs, at the Supreme Court, was acquitted on a charge of procuring abortion, says a Dunedin Press Association message.

The adjourned inquest concerning the death of Robert Anderson, who was found drowned at Spar Bush on April 20, will be resumed before the Coroner (Mr G. Cruickshank, S.M.) at the Invercargill Courthouse at 10 a.m. to-day.

It is reported that Mr P. de la Perrelle’s committee at Bluff has arrangements well in hand for the holding of a complimentary social to the member for Awarua at about the end of the month. It is anticipated that Mr Wilford and other prominent members of the Liberal Party will be present.

A kauri gum collecetion will figure among the exhibits at the Empire exhibition next year if the recommendation of the Auckland District Advisory Committee be acted upon by the Government. It was decided at a meeting of the committee to recommend the Government to purchase a private collection that has been offered for £lOO.

At the Magistrate's Court yesterday morning the case in which Edmund R. Wilson (Mr H. Macalister) claimed the sum of £97 18/8 from William Maxwell (MrStout) for his services as architect in connection with alterations' to the defendant’s shops in Dee street, was concluded. Judgment was given for the plaintiff for the full amount claimed, with costs £lO 1/-.

Such is political fame. A Dannevirke juvenile who was celebrating his third birthday was out with his father, and a motorcyclist went past. “Whose that, Dad?” queried the infant. “I don’t know,” said Dad. “That’s Bill,” was the youngster’s confident reply. “Bill who?” asked the puzzled father. “Bill Massey,” came the retort of the precocious three-year-old.— Dannevirke News.

“It is good to have a wife’s O.K. on your religion,” remarked Dr French E. Oliver, as he related to a Gisborne audience an amusing incident of a man who rose in a revival meeting and thanked God he had not sinned for twelve months. Rising from the audience his spouse remarked: “John, I’m here.” John collapsed. “She had the information,” added Dr Oliver as the laughter subsided.—Poverty Bay Herald.

Dairy factories continue to be erected in different parts of the Auckland province to cope with the ever-increasing supply of cream (says an exchange). An enterprise at present being launched is that of the Te Aroha Dairy Company, which is erecting an up-to-date butter factory at Someretewn, near Te Aroha, on the banks of the Waihou River, from which source a splendid supply cf w'ater is obtainable. Tenders have been called for the erection of the plant, which will be quite of the latest, and electrically driven.

Two kiwis, well mounted and picturesquely displayed in a glass case, have been presented by Miss Cumine to the Otago Early Settlers’ Museum. These birds were taken by Miss Cumine’s brothers. Specimens of the absurdly-large eggs that the kiwi lays are in the case. Another recent donation to the same museum (says the Dunedin Star) is a beautiful model of the ship Adima, which brought out many passengers in 1863. This was presented by Mr R. Knox Visitors are also now able to see the steel mills with which old identities used to grind their corn.

A Wellington Press Association message states that a deputation from the Post and Telegraph Officers’ Association waited yesterday on the Postmaster-General and discussed with him remits passed at the recent conference. Among the questions dealt with were the retirement of postal officers with more than forty years service and the reinstatement of returned soldiers and the conditions as they affect returned soldiers who resigned and joined up again, also certain regulations affecting the service. The Minister promised to consider the matters on their merits.

“Voice culture,” declared Mr Aldridge at the meeting of the W.E.A. Public Speaking Class at the Leys Institute, Auckland, “does not consist merely in the repetition and rehearsal of sundry gapes, howls, moans, groans, trills, and hisses—the stock-in-trade of the regulation elocutionist. These exercises are but the mechanical adjuncts of public speech. True voice culture begins in the realm of ccnsciousnees, concerns itself with the improvement of the mind, links up with the study and love of words, and depends more than anything upon the improvement of tone, which is the barometer of temperament.”—Exchange.

A Blenheim Press Association message states that at the inquest into the circumstances of the death of Rita Violet Ellen Nicholl, who died from the results of the alleged use of an instrument by Richard Hollis, was held this afternoon. The girl’s despositions, taken shortly before her death, were read. They were to the effect that one Thomas Viggers procured Hollis to use an instrument for the purpose of procuring abortion. The medical evidence of the post mortem proved that death was caused by infection of the blood stream, the result of a punctured injury to the uterus. The injury found was one likely to be found in the unskilled use of instruments. A verdict in accordance with the medical testimony was returned.

A Iccal duck shooting party (relates the Manawtu Herald), included an enthusiastic sportsman, who had not previously indulged in the killing of ducks (except domestic birds). The party was concealed in the orthodox manner at vantage spots on the verge of the lake. After a patient wait a number of ducks settled gracefully cn the surface of the water. The sportsman, who shall be nameless, became excited and desiring the honour of the first “kill,” discharged four cartridges, succeeding in winging one bird. The rest flew away. He was determined to secure his bird and got aboard his dinghy for that purpose, midst the imprecations and curses of other shooters on the lake. Needless to say the others trudged home with empty bags.

Sir Thomas Clement, principal of the firm of Messrs A. Clement and Son, butter merchants, of London, in an address at Auckland, expressed the opinion that New Zealand is destined to become the dairy farm of the Empire, as its fertile soil and climatic conditions give the Dominion an advantage over all competitors in the cost of production. There was, he said, urgent necessity for proper provision being made in view of further expansion. Sir Thomas said he was greatly surprised that in what was really a national industry the Government was not spending more on research work. The present functions of the Dairy Division in respect to grading and quality reports were excellent, but its other activities, compared with those of other competing countries were infinitesimal. New Zealand would have to become active in that direction to maintain her position.

Members of the Reserves Committee of the Town Council will visit the Domain at Otatara on Monday with a view to discussing the question of tree planting. Proposals in regard to this have already been laid before the Council, but it was considered advisable that the newly elected members of the committee should visit the Domain before any definite decision was reached.

The management of the Albion Theatre is giving their annual Hospital Saturday matinee to-day at 2 pjn. A fine programme for young and old has been arranged, including the circus picture “Shirley of the Circus” and the Clyde Cook comedy “The Guide.” In addition Messrs Kingsland Bros, are donating lollies to every child attending. As the cause is a good one, parents are earnestly requested to send the children along to enjoy themselves, and at the same time help the fund.

A rumour was circulated in New Plymouth to the effect that the passengers on the island steamer which left New Zealand last week, among whom were a number of New Plymouth residents, had been prevented from landing at one of the islands in the itinerary through quarantine regulations (states the Taranaki Herald). Anxiety was expressed as to the health of those on board, but the rumour suggested that the trouble was due to an epidemic on the island. Inquiry at the Union Company’s office failed to elicit any conformation of the rumour and the company’s officials stated that if there had been, any such occurrence they would have been immediately advised of the same.

The value of the secondary school system to the Dominion was emphasised by Mr J. Drummend, headmaster of the Auckland Grammar School, when speaking to a toast at the headmasters’ dinner at Auckland. In mentioning that there was no class distinction in this country, Mr Drummond said it was a good thing for the children of rich and poor to be taught together. He did not fear for those who went to the secondary schools, but was apprehensive for the future of the children who were forced to finish their education with the primary school, and graduated to the kerbstone and the racecourse, for the church unfortunately was net getting hold of thia element. He added that the material coming from the primary to the secondary schools was very fine and worth all the time and effort spent on them.

The action of a mother who took her children without permission from a home to which they had been committed was mentioned in the Christchurch Supreme Court, before His Honour, Mr Justice Adams (states the Press). John Brocker, a labourer, of Christchurch, and the Rev. F. Rule, superintendent of the Presbyterian Social Service Association, applied for an order summoning Annie McDonald Brocker, boot machinist, Auckland, to return her two sons to the Presbyterian Boys’ Home. In 1917 the two boys were admitted to the home of the Presbyterian Social Service Association. In 1918 the father of the children obtained a divorce from his wife. The boys remained in the home until January 7, 1923, when the boys of the home were encamped for the holidays at New Brighton. The mother went to New Brighton and took the boys away with her to Auckland. It was in the best interests of the boys that they should be returned. One boy was aged 14 and the other 11. The order was granted.

From time immemorial the desirability of keeping Courts of Juatice open to the public has been impressed by Judges, even though the nature of the evidence to be submitted in certain cases is unsavoury, states the Melbourne Age. Police Magistrates and Justices of the Peace are much more easily persuaded to hear cases behind closed doors, risking all the dangers of loss of confidence in the administration of justice that usually results from the adoption of “star chamber” methods, in preference to permitting unpleasant details or strong language to be given in the presense of those who should not hear it. But there are other methods of meeting a difficult situation. Recently a case involving allegations of gross indecency was called before the Criminal Court. Observing that six or seven women were seated in the gallery, the presiding Justice remarked, “Before this case is proceeded with I would strongly recommend all respectable women here to leave the Court.” The recommendation was unanimously adopted, every woman present withdrawing from the Court. It is related that in like circumstances several women listened to a similar judicial recommendation, but made no move in the direction of the door. On that occasion, after a minute’s pause, the Judge said, “Now that the respectable women have left, the police will clear the Court of those who remain.”

A bargain sale of smart tweed skirts, reliable quality, were 15/6, for 7/11 at SMITH’S.—(Advt.). £.S.D.—Pounds, Shillings, and Pence—can be spent profitably by buying your groceries for prompt cash, at Baxter’s. Small Profi ts —Quick Returns.—(Advt). Why feel miserable when you may comfort yourself for the whole Winter in an all-wool Sweater Coat. Call to-day and get one from McNEIL & CLARK, Dee street. A very special value line in grey or heather at 14/6; other prices, 12/6, 17/6, 29/6. (Advt.)

Attractive Materials and Trimmings for Evening Wear at Thomson and Beattie’s Radium Laces, in all the new evening shades, at 8/11, 10/6, 13/6 to 27/6 yard. Also a lovely range of Sequind Bead Trimming, from 1$ to 6 inches wide, at 1/9 to 23/6 per yard. Tinsil Laces, in a good range of widths and designs, from 1/11 to 15/6 yard. Evening Scarves in Flame, Black, Cream, new Tan Champagne, at 27/6.—(Advt.). JUST OPENED. A large and well selected stock of House Furnishings for dainty Home uses. We were fortunate in securing these at very attractive prices, enabling us f o offer them at wholesale rates to the public. Come In and view this grand display. Hearth Rugs, 10/6, 17/6, 21/-, 22/6,, 25/- and 29/6. Specials in Sofa Rugs, 27/6, 49/6, 55/- to 69/6. Tapestry Carpet Squares, £4 17/6, £.5 10/- and £6 5/-. Axminster Carpet Squares, special prices, £8 5/-, £lO 15/-, £l2 12/- and £l5 15/-. Extra special Eiderdown Quilts, 49/6, 55/-, 65/-, 72/6 and 85/-. Special silver down Quilts, full size, 25/- to 35/- to clear. Tapestry Runners, prices 5/11, 6/6 and 7/11. Axminster Runners, 13/6, 15/6 and 17/6. Door Slips, 4/11, 5/11, 6/11 and 7/11, exceptional value. Special Linoleums, 2 yards wide, 8/11, 9/6 and 10/6. Casement, unusual value, 1/3, 1/6, 1/11 and 2/3, at H. and J. SMITH, Ltd., Progressive Stores, Tay and Kelvin streets, Invercargill, and Main street, Gore.—(Advt.). PROMINENT BANDSMEN. The recent band contests have once again proved that there is nothing to equal Fluenzol for keeping the mouth moist and cool, and Q-tol for cracked lipa—(advt.). Plentiful supplies of meccano sets, meccano accessory sets, meccano spare parts, including a big lot of new designs, meccano clock-work trains, meccano rails, meccano shifting points and crossings have just arrived at Hyndman’s, Dee Street The meccano trains are splendid models of British quality and workmanship. Meccano products meet the needs of bright boys.— (Advt). PILES CURED. Mr J.C., Miramar, Wellington write*:—“I was a martyr for 15 years with Piles. I tried lots of so-called cures, without benefit. The doctor ordered an operation. Fortunately a friend advised your Zann Double Absorption Treatment. The first application relieved, and after a week’s treatment the Piles disappeared.” Send for free copy of Booklet in plain wrapper. Address, in confidence, Zann Proprietary, Box 952 Wellington. Booklets and stocks of “Zann” can be obtained from Wm. Stewart, Chemist, Dee Street, Invercargill.— (advt.).

Judging by the present condition of flying in New Zealand, the Government subsidy is insufficient, for the Auckland aerodrome is the only one which is meeting with any measure of success (says the Star), The Timaru and Christchurch firms are practically out of the running, and unless the Kohimarama firm gets more substantial encouragement New Zealand is likely to fall very far behind in

peace-time aeronautics. There are a dozen machines at Auckland, but barely half of them are in commission. The recent “refresher course” for pilots throughout New Zealand brought out some thirty-four flying men, but their “refresher” though satisfactory in quality, was sadly lacking in quantity. In the Kohimarama School nearly a dozen of these men were coached and in other directions, particularly in commercial flying, Messrs Walsh Bros, have proved themselves worthy of a great deal more encouragement than they have received. The Government’s subsidy to each of the three firms has been inadequate, and a more substantial grant will be sought. A pitiful case of a man and wife with a family of three children came before Mr E. D. Mosley, S.M., recently at Tim am, when an application was made by the Probation Officer (Mr Cumming) to have two of the children committed to a receiving home in Christchurch (states the Tim am Poet). The case was from Pleasant Point, and was remarkable for the utter dieregard and indifference of the husband, a young man of 24, for the welfare of hit family. The Probation Officer said that the husband was a reputed waster, and when he made a little money simply “Hew it” out in drink. The parents had been recently warned, but lately the family had been living in a tent. The husband had been dismissed from one job on account of his laziness. The mother expressed sorrow at the prospect of losing two of her children, but preferred that they should get a chance in life. She hoped to be able to work to keep the youngest, aged six months. The Magistrate passed very severe strictures on the conduct of the husband. He made an order committing the two children to be brought up in the Church of England faith. Meantime the husband would be called upon to pay 10s weekly in respect of each child, which amount might be increased if the Department considered the husband could pay more and His Worship was satisfied on the point.