PARLIAMENT.

Taranaki Daily News, Volume XXIII, Issue 158, 25 July 1901, Page 2

PARLIAMENT.

——J^^^^^^^^^H Wednesday, The Council mat *^^^^^^^^H COLONIAL BASK Mc]i^^^^^^^| Han. Lai dmith Government be requested fl^^^^^^H ascertain tha pr«seot Colonial Bank liquidation, oa tfaa Council's table at an such information as may ba avaikbaH He ohr cterised the liquidation | somewhat of a commercial scandal. Be " J want into th< history af various claaaes of accounts, and coniidered that they jbad not realised nearly what the/ should hare done. When the liqudatioa waa commenced there was* sorplua of XI 33,000 of assets over lielib!litie«, out of wbiok £IOO,OOO, squdto a lOi dividend, waa paid to the abarobolders, who had received nothing sine*. Out o c £270,000 of acoounta ia thb "B " list, it waa geneielly under- ~* stood that tha only enm realised was £5,000, the rest had apparently bean swap- away. It was als? stated that, - after the liquidation of all aoownts, the shareholders were to receive only one more dividend on the amount of 10s. A turn of £20,000 on special security bad been merged in an acsoaat that had no security. - At the pre«en*; rater it sesmed the liquidation could go on for ever. Hon Scot'and aeoeaded them.tbn, and ftared there war, behind the liquidation, somethiog woiss thin was die. clr-ad. Hon. W. O: Walker oonld give no tssuranoe that the Government would proceed with the matter, but. he was flstonuhed that the Supreme Court at Dunedin allowed auoh tilings to hap* pes as were stated to have happens* ' right under its'nose. Mr G. McLean said the liquidation ought to have been completed in two years. The Supreme Court was the chief cause of the trouble in preventing a gentleman of experience from holding office as liquidator, end putting in hia p'aoa one who had no knowledge of banking business. How the Bank of Ne» Zealand had been allowed so liquidate accounts to its own beotfit by pulling them from ear t« ear for iv* y«a<s was incomprehensible to hia. Toe «' D "acoounta, which the Bank of New Zealand r*j«cted as being the «ror*tin the list, had since realised 12a 6d to 15s in the £, who'eaa superior acsouma liquid**, d were only likely to pay lis. He made no reaction on the liquidators, but they were gaatlamsa wanting ia experience. The motion was carried on the voices. YOtWO PKESOKS P«OT OTlO*. In committee, on she Young Parous Pre action Bill, the terms of ' Olaus». 5 were modified to the effeot la* a protestion effioer shall accompany lohmiog children home only in cases Where the children's answers to no', satisfactory, and tkat aunh'chilu■lroa shall, on a reoond (Sense, be taken t • a shelter. The Bill was reported as amended, OTHSBBILM. Tie Law Amendment Bill was read a st-cond tioa* pre forma. Th» Public H-alth Amendment Bill passed all stages. The Accidents Cornpensalion, and Cemetery Truataes Validation Bills ■v»i-« read a »eond time on the vodoss. The Council rose at 4.45.

ROUSE OF REPRESENTATIVES. Wednesday, 24th July. The House m'«t at 2 30. MEBBYTBtt'AK CHUkOH BILL, Mr McNab moved the second reading of tha Pr#gby»enan Church of Now Zoilmd Bill, to mike ctrtib provision •n r»f#reoc« lo the Presbyterian Church of Otago and Southland, and he Presbyterian Church of New Znani r.speotiveb, »nd to defin« tbe ighta ia wspect of the prope.ty of iuch churches. He explained the na» som fer the measure. Mr Jam«a Allen hop d the Bill would not affect the trim a from which 'hree professional ch ires in Otago Qniveraity were filled Mr. pier thought it would be a ?004 thing if the Government would nstit.u'e some onqu : ry into all the «i ly tru.ta grantsa t y the Orowr. Mr. Sedden asked if th»re was My mte'jtion to set aside th* judgment of the Appeal Court in respect to the land given by Maoris to religions do* uomintMnni. Mr. McNa v >, in reply, aid bo land was included in this Bill whfoh had sol I. >n sold by the New Zetland Lead Oimpiny to the or'ginal aMooiatioa form d in Scot'anJ for the iett]em«nt in thejwuthern part of New Zealand. H« would to willing to ham the fulhst inquiry made in*o tbe wpagement and condi ion of the trusts Tha ii ootid raiding was agree! to on the voice*.

FIJI AND FCDKRATIOV, In laying on the t«bl« a crpy of Governor O'Brieij's <ecent »pitoh,aed a transition of the Oidinanoe lately asced by th« Legislative Council of Fiji, Mr. S ddm laid the latttr wai med at Australia and New Zealand. *nd wi>s meant to slop any change it he fom> of Government. Ha desired o place. Wfyie members *ll available ißform.ti n on t> is qu's'ion btfere he drought on tap motion of which he had s?iv-n not oe. Tha ioteren'a of Fiji were inseparably bound up with theee •f .New Ze-land, and it lay in the power of New Zealand te innko Fiji a futoees oroth rwise.

QUESTIONS, «r ln , re P l y 10 question*, Sir Joieph Ward n'ateil the Government wag ■wnsid» l-'ng the ques ion of further improving the sauitorium at Rototue, I)ur ' that if lad no intention at present cf acquiring all the freehold r'gh 8 to the ao f . »pri» g$ in the hot lakes district; that le.iiUtion woeld be introduced this tee-ion to prevent (he natural biauti s aud scenery of tile country being d&faced by advertiaer "bti of qu'ick med ; cis«H, and other miusbous productions ; that all railway wo kmen of over tw. lve months' ear* yice would be entitled to vote on the question of the sor/ice coming under the Industrial Conciliation aad Arbitration Act, and circulars on this qu»a> toon had already be«n sent eat; that if the minimum wage in the railway s«rvice was fixed at eight shillings *er W™ uld mßan an additional outlay of .£52,000 per aannm ; that the Pu£ lie Health Department had "Hw seiious consideration the question lofI of homes for incurables. «t-i something wou'd be doZ, I probably n. t'». dii action of attaching |aa additional ward to the principal | hospitals in the colony lo acoommodate i incurable cases; that there waa no inj tontion to niter the foale of railway if»re3 by reducing return fares and increating single lares. I In reply to questions, the Hn, W,

was running as far as Mannecessity for of tha colony in seamanbut equipment of would cost a large sum rase at 5.30 p.m. Evening Sitting. Jri House resumed at 7.30. The Land for eetlement Act Amend j meet Bill was farther considered committee, Captain Rußsell'g proposed | sew claute being discussed. After »everal mtmbers had spoken, Mr A. L. D. Frazer raggettrd the following addition to Cap'ain Russell's clause: provided (1) tfcat no such child •hall be the owner of land els«wbere, and (2), that such areas eo excluded shall adjoin each other. Captain Russell accepted this addition. I