The Wairarapa Daily. FRIDAY, AUGUST 29, 1879.

Wairarapa Daily Times, Volume 2, Issue 251, 29 August 1879, Page 2

The Wairarapa Daily. FRIDAY, AUGUST 29, 1879.

The future of this colony very much depends on the care which is exercised in the expenditure of the five million loan -which is now being floated. When that sum is added to the debt of New Zealand, it must be evident to thoughtful men that wc shall have gone to the length of our tether, and have stretched the credit of the colony as far as may be prudent for some years to come. Even now the successful issue of the loan is more to be attributed to the plethora of money in England than to a feeling of implicit confidence in New Zealand. When the five millions are expended the railways of the colony will be in advance of its other interests. The population of the colony already does not contrast favorably with the extent of its railways, It is patent that manufacturing industries have not kept pace with our railway extension, nor has agriculture progressed with equal rapidity, When the loan is exhausted the problem to be solved will be to increase the produce and population of the colony to feed the railways. It must be admitted that in our great public works scheme we have hoisted a sail bigger than our boat, and unless wc keep the latter well ballasted we shall some day be in danger from having spread too much canvass, When we speak of the careful expenditure of the live million loan, we refer to the necessity of employing it for the completion of through lines, such as the one between Masterton and Woodville, and the total abandonment of the political branch lines which have been so frequently constructed in the past to secure not a remunerative traffic but desirable votes for the Government of the day. Having commenced a large scheme of public works, it is essential that to a certain extent it should he be carried through, and for this reason the five millions now being raised are necessary. That the scheme at first promulgated by Sir Julius Yogel was a bold one everyone at the time admitted, but if it had then been foreseen that through maladministration and political corruption the great undertaking would have been doubled in magnitude before it was completed, we venture to say that the colony would never have been committed to it. Since it was first inaugurated thousands of poor men in the country became wealthy, but a large proportion of those who, through the impetus the public works scheme gave to business, acquired riches have by this time become poor again. The fortunes quickly made were quickly lost, and never in the history of the colony were there so many ruined and impoverished men as there are at the present time. We hope, therefore that the lesson of the past will not be forgotten when the new loan begins to circulate in the land and the stagnation which now loads the colony is partly removed. The voice of the electors throughout New Zealand will within a few brief days absolutely determine the future of the colony. It will arrest it in the dangerous and treacherous path which has of late been trodden with heedless feet, or it will perpetuate the unreal and fictitious visions of the past by which men have been dazzled and betrayed. What havoc has not the past twelve months made in every town and village throughout the land among men who were but yesterday deemed affluent and substantial. The business ranks of the colony have been more than decimated during the past year, and we trust they will not again have to submit to such an ordeal, If the electors of the colony do not now calmly and soberly by their Totes return safe and prudent men to manage the affairs of the colony, before they can again exercise their privilege the colony may be in the Maelstrom to which the visionary projects of Sir George Grey are tending, and in which they will certainly, if persisted in, find their end,

MrG. Beetham meets the electors at Gladstone to-day. It is expected that the forthcoming municipal election will be contested. Messrs R. G. Williams, J. H. Corbott,. and D. Donald are spoken of as likely to come forward. The retiring members will, of course, seek re-election,

To-nigt the English Opera Company play "II Trovatore," Mr Joseph Gundy, of Feathorston, has made a declaration of insolvency. . The Pigeon Match at Masterton is postponed till September 16th. Hudson's Surprise tarty, a very popular Company are about to visit the Wairarapa, The Good Templars of Masterton have selected Mr Pharazyn as the fit and proper person to represent their interests. It has been suggested that there should be a monster meeting at Masteiton, on the evening prior to the polling day, at which all the candidates should appear. The Wairarapa candidates have engaged a special train to bring up voters on Thursday next. The votes of Wellington residents will exercise a very perceptible influence on the result of the poll.

The Greytoivn Volunteers are requested to meet for parade on Saturday afternoon next for inspection at 3,30 p.m. Messrs Skipper and Parker notify that the partnciship proposed to have been entered into between them will not now be carried out. F. H. Wood and Co., hold one of their popular sales of merchandise at Greytown, to-morrow. The same firm sells at the same time, drays, wheelbarrows, implements etc. The Murtagh-Falloou case is amicably settled. Murtagh has for a consideration given up to Mr Falloon all his alleged right to the valuable corner block opposite the Post-office and the Upper Plain leasehold. The Scandinavian electors of Mauriceville have taken time by the forelock. On Saturday last, a crowded meeting was held ia the Schoolhouse, at which a committee was appointed to secure the return of Messrs Bunny and Beetham. The expression of opinion in favor of the old members was unanimious. There was a large attendance at the cattle sale at Featherston on Wednesday, but the supply was not at all equal to the demand. Wdwere glad to notice that both Masterton and Greytown buyers were the purchasers, There were no sheep entered, and several good horses were bought in.

Tho English Opera Company had a very good house at Masterton last evening, and from first to last succeeded in pleasing the audience. Encores were frequent throughout the programme. Each member of the company is an aktist, and it is almost invidious to refer to them separately, as they all stand high in professional and public estimation, and if they are few in number they make up in quality for all deficiency in numerical strength. A meeting of the Education Board was held at Wellington, on Wednesday last. The Chairman read a telegram from Mr Beetham, stating that he. and Mr Pharazyn could not attend, and asked that certain questions should stand over. He also thought Mr Petherik's claim should be paid The Chairman hoped the Board would deal with the question on its merits He had not taken the responsibility of paying the claim himself, merely upon Mr Beithanv's recommendation, as that gentleman was canvassing for votes in the district, and he, therefore, thought it best to leave the matter with the Board. The correspondence upon the subjeet was here read for the information of members. Mr Petherick's claim was elated to be £179. after some discussion it was resolved that £12310s be paid on account, for the purpose of cashing certain orders for work done. Mr Hutchison was slated by the Board for a breach of confidence. A letter was read from the Featherston School Committee, expressing surprise that Mr Hutchison should at tho last meeting have spoken of the Featherston school as a pet school, as such a remark was calculated to create a false impression in the public mind. The letter went into the matter at some length, pointing out what had been spent upon the school, and what had been done by the school—also, enclosing copies of favorable reports. Mr Hutchison's remarks were denominated ss unjust and false. Archdean Stock did not think the Board was called upon to take cogniance of the matter, Mr Paterson did not think Mr Hutchison's remarks were uttered in any spirit of disparagement although he had used the words "pet school," It was resolved merely to acknowledge the letter. It is quite evident that two members of tho Board, the Chairman and Mr Hutchison are unfit for the position they hold.