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Waikato Times, Volume I, Issue 50, 24 August 1872, Page 2

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'U.nk of the tests appliel by statesmen to ) ascertain the prosperity of a country is the j amount of its imports ami exports. The Hon. 1 .Mr. Vogel lias conferred a great benefit 011 J Uih Colony by having compare I the statistics jot the other Colonies with New Zealand. ; Taking the figures of tlie Treasurer as O ! correct, we find th it tli7 exports iwid imports of New Zealand,, per head of her population during' the last lire years wits, as compared with the other colonies, as follows: —

Imports. Exports. I £ s. £ s. i Victirin . . . . 14 ID . .114 .VS. Walts* . . . 12 JO . . 12 5) Nc.v Zua a i.l, not includ-) ,r> 0 01 ~. ~ • c V.) I , . 21 lb nig Manns ) New Zealand, ineludin' / ~. 0 IQ , .lOYlfl ) i —It will bo soon by the above table that ' New Zetland is tho only one of tlio Colonies j whose imports exceed the exports in value. j When the exports of a Colony are less thm ! her imports, that Colony is poorer by the 1 niiiiiiiiifc of the excess. Jt must be re nera- [ bored, however, that it is during the last live years that the major part ot tho machinery [ his been imported into the Colony for gold mining-, agricultural,, and fla\ r -drossmg purposes; and those, as the Treas'irer pnntsout, are not perishable articles ; each j'oar they add to the wealth of the Colony, whereas I the money for their purchase only 1 -aves onr I shores one?. It is true that Great Britain's

. exporls are less than her imports, and that I she is nevertheless becoming' yearly more j wealthy ; this, of course, is easily accounted ' for by the enormous amount that comes into j her coffers from nil parts of the world in the I shape of interest on loans. On the other i hand, a large sum of money leaves this j Colony to pay interest on borrowed cap'tal, and if it were possible to arrive at tho ' amount, it would be found that a very large sum left (he country annually compared with our resources. Jt is to be presumed that, ' af.er the interest is paid on capital bjrro-ved j by private individuals and companies, tl a a •profit is left for the borrowers ; this, ho,v- ---! e\er, does not alter the fact that the Colony : is poorer by the amount of interest paid to ; the foreign capitalists. We ha\e not alluded j to this fact in any gloomy Fp'rit, as it is the \ natural result ot colonisation. As a rule, i the man of capital does not leave the ol I j country : ho has neither the necessity nor the 1 inclination to do so—he remains at home, at ; ease - h but, nevertheless, does his share of the I work of colonisation, as without his money, the enterprise and industry of our colonists would be comparatively futile. Although the system of immigration to New Zealand island ha.sbeen ! most imperfect, we find that our population j ha lin .reused in a greater ratio than any of 1 j nie other Colonies during the last t n years . I I during that period, Mr. Vogel gives the j : increase as 16-3 per cent. The fear that the i svstem of immigration being carried on at the i present time, viz. : that of importing labour I without a proportionate amount of capital 1 will have a prejudicial effect, has led writers i on tho subject, to express themselves very • wildly. No 0113 will dispute that there is an J > immense quantity of land unoccupied, and i • that the mineral resources of the country j ; are only very partially discovered. The ! • labourers are coming to work, and the j j capitalists, or what is nearly as good, will j I speedily follow ; there is an immense sum of 1 ; money floating- about the different money- ' i markets of Europe, the owners, of which, are ! i at tneir wits end to find for it a profitable ! j investment; this exists in New Zoaland in; ! untilled land, and in the mineral w. a'th below j j its surface. This Colony has now- passed ' ; j through all the diseases incidental to infancy. j She is about to rise from the bed of sickness.' i on which native troubles have for so long ; ' ! prostrated her. Her tradj is da" y increas- , i ing; her staple products (wool aid flax) have < I r'sou to, a highly remunerative price to the ' ' I producer—and an enlightened, if too elaborate \ '' j a system, of public w. rxs is boing prosecuted, ! 3 ; which, if the people will only be honest to i 1 ■ themselves, cannot fail to add to her wealth ' ] .' and prosperity. Cons'd-iring all these things, ! ! in conjunction with the Treasurers Financial ; ■ Statement, we are justified in, looking hope- 1 fully forward. Many of ua will yet live to ■ | seo New Zealand one of the- brightest amongsjb. the colonial satellites of Great Britain.

j The review of the Cambridge Civalry Volunteer Corp; ; took place on "Wednesday, the 21st ins*, at C'.imbr ," ; There were upwaids of forty men <>n parade, who hud '• J :i most soldierlike n;>|>eur;uve; the unit'unn i* vurv ne:it. V ■ £rey Nirlsou twved <iu i black, We are ijiveii t< e ; untlerst.i-.d that Kenneruov of Alex-mdra was tlu ; maker, which reik-ot.t iriv-it credit mi hi* slcill as u - ' militiry outfitter. There were a trreat number of speei- : tators on the held, the weather beinir v;>ry propttiom ' Amongst others we noticed Colonel Ly'orr, Ci;jUu -j M icpljerson, il ijor (!lu : r. ani Lieutenaat Hijrhlcy. Tfie evolutions of the cups were fj.»nc through in > ; inanucr which elicited the highest encomiums lor tlu-ii drill instructor (Sergeant: i'razer), who i< : l < i mister of military tactics. Before di-missini '» I tlie inea Colonel Lyon couirrUulatt'fl t!ie corps on a tele •j gram he had just received from Major Jickxni at Wei '1 j linirtoa in orming liiiu that the Cambridge Curp< wouh j now t>o placed on ths s:pne footing win the Te Awa 11 ; mutu Corps, and when on duty would receive the sanv ; pay merit, viz , 7« per day, which plainly shows tnu I tin; gallant Major is quite alive to the usefulness o ! Volunteer Corps. After the review a substantial lun " , coeon wa.s provided by the officer:? for the corps am i visiting friends, (jreat'ercdit is due to Host Pearson fo ~ ; the very liberal manner- in which he catered, the table J '■ literally groaned under tuc mass nf good things pre ; pared for the in-nc-r m:i'i. T:ii'cloth being drawn tin j usual loyal and p.itroitic toasts were proposed by Capt : Kuiii;im:in, who occupied the chair. 0 donel Lyon ii , responding 0.1 behalf of the Army and Xavv, said thai : the army had done their du-ty and so hivl tlie nivy. Ik I b lieved that if all the other nations in th ; world Vo:n----j bin:-d to attick the British they would lind it a difficult j I matter to vanquish them. Tue colonial f cecs had acted j like men and'had never been founi wanting when occa- ! sioa rcquirel. Captain -Macpherson, 01 behalf of the (J iloniai Forces, said that he could not add a single wo.nl I to what had been said by C donel Lyon. What he ha I j witnessed t >at diy had. in leed been lyrutifyiiv,' to him 1 I He believed that th:; Cambridite. Oivalry Volunteer j O.;rps would rjsptmd vvhen-necessity required. Hj, h>w- , ! ever, trusted the diy was far distant, bur. it was always wisfj to act up to the old motto of the (_Vi;np!>olls. " be > ready, hie ready " Apart fro 11 every other c-msirU'M-I tinii military discipline was b :uericial to young men Lieut. ILgiiley respoud;d 0.1 behalf of the Voluute «rs and thanked Captain Ituaciman for the very hadsoaie manner in which he h.tl propose 1 their health, and also th inked the compiuy present f r the great e;ithiiMsi<*-n d'sril iyed on receiving the tons'. He was as glad to bj with the-u 011 an occasion lilc tt'ie present and t» ol S3 v r ttie ulfijiniu'.y tlio corps had displayed in tli-.:ir varied 1 mmumvivs on the field, and expressed a hope tint tlie , day was n>t fir distant when the Cambridge Volunteers 1 co übiiii'd with the ot.ier W.iinutt (Jorp;, vr >uld me.-t j at 11a nilfon for the purpose of a gentv.d r.-vicw. : j Cdoiiel Lyon proposed success to the C-.mib.idge I VOluntcers. Hj consi iernd they were very fortunate ' i'i having amm like Captain Runjiinai i>t their head, he ha vim; had gro it exporienco in suc'.i matters Cap-. Iv'inciiuan thanked Colonel Lyon and the gentlemen p e .;nt for the m inner in w'.iicli th y had respo i'U v <l to V\o last toist, and said it was alwiy.s well to be ie 1 ly to do their duty in ease of emerge.icy. We are now left cntirjly to our- o.vn resources, and there wa< Mo'hing like doing whit must be done voluntarily. Mi , . Fish"! , proposed the Te Awaanitii Cor,is and th.; visiting frie ids. Ciptain Joiiuar ivspmled o 1 le'ialf of the visiting friends. II; felt much fl itter-'d at having bien invited to take part in the proeeeliivjs of tho diy. He had served w.th Captain llanciinui and Mr Fisher in 18.3, and h:id every conidence in t iose gentlemen. Captain L-slie was called upon to rospoud on behalf of the Te Awunntu Corp , , H ■'■ said that as his modesty did not carry him s> fir as theirs he had nnu-h ploisuve in tiankng the.n in the ste.id of those who should have r"spo:v!e.l. Colonel Lyon proposed the health of the "W.iikato se'tl-rs. H-j respected the settlers and hid always been treated by them Avith hospitality. Those knew them better than he did. " lie congratulated t'icni upon having'tvist their lot in a district which was bound to become a great and prosper .us one. C iptain Leslie having been called up >u by one of his offi :er.s as the son of one of the best settlers in the Waikato to respond to this toast, said that as ame 11bji- of tic corps he felt it his duty to 1)3 obed'ent, buthewishel t> remind them that as they were all settlers they had just drunk tieir owh health, and, as a settler, ho had much pleasure in thanking himself far having done so. Lieutenant HigNey proposed the health of Colonel and Mrs. Lyon. In responding the C donel thanked them for the kind, manner in which he had oeen roce'ved by thom, and also for haviiig drunk the health of himself an I .Mrs. Lyon. The Chairmm propo e.l tho host and hostess. lie could not sufficiently thank them for their united kiu.luess and liberality i:i hiving made them such a present on tint day. The Press, coupled with tho muv; of Mr, Jones, w.is next proposed, aud responded to by the I proprietor of this journal. It will be seen by alvcvti3einenfc that a Meeting is called for tlii3 evening, in the Church, Njaruiwaliia, for the purpose of adopting means to scenre the services of a clergyman of the Anglo-Catholic Church for the Waikato. We urge on all to attend an;l rentier all the assistance in their power in order to the ittainme:it of this mist; desirable object. We are only too ready to complain of the neglect of those who have undertaken our spiritual instruction, we must, therefore, not forget that unless we assist, it is impossible that those in authority can do anything for us. "We have great pleasure in announcing that Mr. W. A. Thompson, the travelling agent for the Aus- ( tralian Mutual Provident Society, arrived in t'l3 / Waikato yesterday evening by coach. It is his intention to lecture in all the principal townships, ; also to visit personally all the settlers in the dis- | trict for the purpose of explaining the a ha itages '■■ of Life Assurance genera I/,,™.1 the sap iv.ir claims j of tlie mutual principle. He purposes delivering ! his first lecture in the .School-room, at Kgaruawa- i hia, on Tuesday next. I We have been requested to intimate that imme- j diately after the Presbyterian Service, to-morrow, | in the Church, at Fgaruawahia, a meeting will be ; held of those interested in the establishment of j regular Presbyterian services. ; During the discussion on Mr Reynold's motion j last evening, the question arose as to what was to j be (lone with the Superintendents if the provinces i were abolished. One member said, "Hang them," j and Mr Gillies, afterwards almost expressed assent \ even to that fate, if thereby the colony could be' released from the incubus of the present Ministry. ■ — Wellington Post. _ j Extract from a private letter from London :— \ " Last night we opened a fourth tin of Australian ' beef and partook of it cold, all at table enjijying it ! very much ; and' this morning renewing the- attack, at breakfast, confirming our opinion, of the previous ! evening. My wife told the cook that the servants \ might have the meat also in the kitchen. You should have seen her expression of thorough disgust. ' Xo ! I thank you, mma; I'm. sure it is three-parts ' cat ! So strange is prejudice amongst the lower ; classes. When I r told the cook that I thought ' cattle were more plentiful in Australia than cats, ; she looked at me with as much disgust as at the ; meat. The..only objection that I lind. 13 thut the > meat is a little "striugy ,, from.overcooking, but ; that, I suppose, is inseparable from, the process of ■ preserving." j Last week a cow belonging to. TV.. J.. Wilson, \ farmer, near Bowuing, dropped a calf with two I hoof j or complete feet on each of the fore legs, and I three on each, ot the hind legs. The junction of ; each leg was about six inches up the leg and just ; below the knee. The animal's mouth was also ' most singularly placed, being on the top of the head, j When discovered cow. and calf were dead.— Ya<i ! Couritri :