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Latest Telegrams.

■Wellington, July 10, 5.5 p.m. The following is the termination of Friday's debate : — Mr Oarrington supported the Government proposals as essential to the prosperity of the colony. '. ' Mr Jollie declared himself aghast at the scheme. It was an indecent and improper thing for the Government to ask a moribund Parliament to sanction doubling the debt of the colony. It was placing our honour and credit in jeopardy to ask such a thing, knowing well that the money could not be obtained, and he regretted that no mention had been made amongst public works of colonial penal establishments or harbour works, and hoped, that neither the House nor the country would commit themselves to the approval of such an extravagant and illegitimate scheme. He was prepared to go as far as a loan of two millions, but thought the whole subject had better be left to the consideration of the new Parliament. Mr Graham supported the Government scheme, and was not at all alarmed at its magnitude. He advocated protection, not as a principle, but under the circumstances as absolutely essential to the existence of the agricultural interest of the South. He thought it a small boon for the South to ask from the North in return for past assistance. Mr Webster supported the consideration of the Government proposals, but would not pledge himself regarding details. Mr Oracroft Wilson, C.8., would not vote for borrowing a shilling without consulting his constituents,, and thought it dishonest to borrow money, knowing that they would never be able to repay it. : The whole, thing was a second South Sea bubble. Mr Eolleston professed to have experienced great uneasiness after Mr Vogel's explanation regarding the Commissioners' pledge to the English bondholders. He feared the present scheme, which he regarded as a last desperate effort by the colony. He approved of borrowing money for reproductive works, but could not lend himself to the approval of the present scheme, because he saw no chance of the money being guaranteed. Mr Bunny warmly supported the proposal. The colony wanted roads and people. He would not vote against getting them because the proposal came from the other side of the House. The debate was adjourned, and the Government wish it to be continued to the exclusion of all other business next week. A man named Alexander M'Master hung himself on a cabbage tree at Wairarapa. At the inquest, the verdict was " Temporary insanity."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18700711.2.7

Bibliographic details

Star (Christchurch), Issue 665, 11 July 1870, Page 2

Word Count
406

Latest Telegrams. Star (Christchurch), Issue 665, 11 July 1870, Page 2

Latest Telegrams. Star (Christchurch), Issue 665, 11 July 1870, Page 2

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