TELEGRAPHIC. LATEST SOUTHERN NEWS. (From the Daily Southern Cross.) Wellington, Monday.

Waikato Times, Volume IV, Issue 203, 28 August 1873, Page 2

TELEGRAPHIC. LATEST SOUTHERN NEWS. (From the Daily Southern Cross.) Wellington, Monday.

Xlieie are rumours thai the Government, are likely to propose a modification in one poiut ol the Uud^el, that respecting the security over tlie land for the Riil^nys which the colony wns to undertake to construct. I be' hevo they will undei-tako the main lines out of the Consolidated Fund, leaving the branch lines to the provinces : also, that the colony will undertake a certain amount of liability to purchaso native land in the North Island so as to aflord the North Island provinces the benefits of a land fund. Ibis is understood to bo with the consent of the southern members, who profess a desire to deal liberally with the North Island. J A half million Burling is spoken of as likely to be devoted to the purchase of Noithern native lands. Some time since the Queuiuland Government arranged with an JMiglisk company for a line of oteara packets' to Brisbane through the Torres Straits to Singapore, there to connect with the existing line. Oil the sth of August, the Premier m the mail sei-vice speech, read a telegram sent to the Queensland Govfgjment, asking if Queensland were willing to share with Rfc? Zealand tEe cost of subsidising a steamer between New Zealand ports and Queens* land, to promote commercial relations, and to lead to a reciprocal tanft between the two colonies. I understand the Government have just receive** a telegram from the Chief Secretary of Queensland, stating that the colouy is prepared to entertain the proposals for the purpose stated