TASMANIA.

Star (Christchurch), Issue 3489, 17 June 1879, Page 4

TASMANIA.

Mr Chapman, M.L.0., estimates the deficiency this year at £63,000 instead of £35,000, as announced by the Treasurer,

(For a.a. Botorua via Auckland.) VIOTOEIA.

Tbe Minister for Education states that over 400 {qualified teachers are waiting to be employed. He intends, after a short notice, to dismiss all unoortiflcated teachen. A scheme for classification ia being prepared, under wliich patronage will be removed from Ministerial control, promotion proceeding solely on the seniority of merit. It is proposed to attaoh the Sohool of Minea and the Technological Museum to the Education Department, offering scholarships to the students to encourage technical education. The Australian and European Bank has arranged to recommence business, shortly., The Manager states that the Directors, fearing a run, had applied to the Union Btihk for £30,000 on security, the Directors even offering to become personally liable for £60,000. Subsequently they wore referred to the Associated Banks, who, after inspecting the books, declined assistance. The shareholders are very indignant at • the treatment received. The depositors and shareholders met o'ri Monday, when it was reported that £30,000 would cover any loss likely to accrue on the present business, leaving £120,000 to bo called up. At tho close of the meeting' depositors, representing nearly £90,000, agreed to give what time the directors desired. ....';'• ■ . .'• .-'.'," . It has been resolved to wind up the Provincial and Suburban Bank voluntarily. Tho Committee of Investigation considor that Messrs Elder. and Vallentino undervalued the assets of ' the Bank. They are estimated at if rom £16,000 to £20,000. Somo of the largest creditors are bo dissatisfied at tho appointment of liquidators, that they threaten to force the Bank into tho Insolvent Court.

It is intended to display in our collective exhibits the ntfnoral resources of all the Australian Colonies at the Melbourne Exhibition. Viotoria will display a gold obelisk. Fifty thousand pounds' worth of silver coinage is expected in about tea days. It will be delivered to persons applying at the Melbourne Mint freo of charge in exchange for gold or worn silver coin, which will be melted down in the Melbourne Mint and sent Home. This year the Mint will coin £2,500,000 of gold, the greater part of which will be sent to England by the Banks. Thomas Hogan was executed on Monday at Beeohworth for fratrioide. When the Sheriff asked if he wished to apeak, the condemned man curtly replied "No," himself giving the signal for the hangman to draw the bolt. Thomas Abcolfc, an officer of good position in the Education department) was summarily dismissed during the crisis last year. He applied for compensation due aftor 14 years or aervice, intending to open a business, to enable him to keep nis wife and large family. The Government dolayed so long in complying with his request that the unfortunate man was compelled to hypothecate the compensation order to support his family, and was also obliged to surrender his life policy and borrow money on his furniture. A bill of sole becoming due, rather than face the execution, he took poison.