POLITICAL ITEMS.

Wanganui Herald, Volume XX, Issue 5916, 3 June 1886, Page 2

POLITICAL ITEMS.

Tho Hon, W. H. Reynolds, M.L.C., has been offered and has accepted a seat in the Cabinet without portfolio, Sir Julius Vogel'a Gold Export Duty Abolition Bill 13 intended to abolish the export duty on gold by gradual reduction: The principal clause runs — "In each year hereafter, commencing on the first day of October next, the duty levied upon gold previous to exportation thereof from the colony under the Customs Duties Consolidation Act, 1882, shall be reduced at tho rate of sixpence for every ounce weight of such gold, as mentioned in the said Act ; and such reduction shall be made in each year until the duty now levied upon gold shall entirely cease." The gold exporter is to make a statutory declaration as to when the gold so exported was obtained, and the penalty for making a false declaration is fixe;* ut £500, or two years' imprijoument, or both. The Charitable Trusts Exieunion Bill introduced into the Legislature by Mr Stout has been bo introduced for the purpose of empowering truateea and q there holding property for particular charitable purposes to appropriate the same in certain c-,sbs ttHher charitable purposes. Iv cages where it has become or shall become impracticable to carry out trusts upuu which certain property is held or the amount available has proved or shall prove inad^iuato to car-yonf; the original charitable purposo, or 3iich purpose has or shall have becu alievdy c'leotsd, or such purposo is illegal or uucoitom, » hon the property so held or any jmit or residue, thereof may be disposed of for nouiu other eh iritable purpose, or a combination of such purposes, in tho manner and subject to the provisions hereinafter contained. TrucSoea of property vested in them under the cu-cum-stances mentioned may prepare a scheme for the disposition of tho prop'ctv i accordance with the Act, and wiitu piepuod it iv to be laid before the Attorney-Geneial, Mir may certify if it ia legal. If he considers that the scheme will not properly carry "Ufc the objects contemplated, ho may remit it back to the trustees for amendment, Li the scheme is, in his opinion, contrary to law the Atlor-ney-Genoral may refuse to certify to it or submit it to a Judge of the Supicmo Court. Any schemo may provide tlvl •''„ objects may wholly or in part be uriL'l out by any hospital or charitable institution constituted under the Hospitals and Chnntab.e Institutions Act, 18S5. '1 ruitcci h.'ivint; convoyed tho property vested it 'ticm to the jnu-bons or institution designated iuc ipH- ,'cil from liability in respect of any expit-oH oc implied trust upon which they may Irive Held ,^noh property, except for wilful nc^l^one'j or misappropriation thereof. It is stated that the standing oiriors committee intend to bring down aVepovt recommending that the House should ait eat her ia the day, with the view of ilifacintiimin." night sittings as much ab possible. A aimilar recommendation was mwh lait i.c« lion, | m t was allowed to stand over for thetiino being, Mr Macandrew speaks eloquently on Ujus subject, and never loses an opportunity of enlarging on the injurioin efteet"* <4 late sit. tings. So strongly does the member for Port Chalmers feel on the point, that be has informed his constituents that he will not seel; re-election unleß3 the Uou»o consent to day uilliugd.