NEW LIBERALISM.

Waikato Times, Volume XL, Issue 3257, 13 May 1893, Page 2 (Supplement)

NEW LIBERALISM.

A Wellington correspondent sends the following Apropos of the disputes as to the directorate of the New Zealand Times, the following letter appears in the Wellington Post Sir: I observe that the Minister of Education, at the recent meeting of ihe New Zealand Times Company, regretted the company's want of capital, and expressed a hope that the friends of the l'arty would come forward and further subscribe. I find, on inspecting the register of shareholders, that the interest of the Ministry in the concern is as follows Minister of Education, 190 shares; Minister of Lands, 50 shares; Minister of Public Works, 50 shares; Premier, 100 shares j Minister of Justice, nil: Colonial Secretary, ml; Native Minister, nil; Postmaster-General, 100 shares; in all 490 shares, The shares are £1 shares, iintl 153 only has been subscribed, so that the Ministry have sub' scribed between them £367 10s; and if we allow them interest at £lO per cent per annum on their outlay, the net cost to Ministers of running a Ministerial organ to bolster up their actions is under 15s a week, whilst on the other hand the Minister of Education draws a salary as chairman and managing director of £2OO per annum. How long will Liberals suffer themselves to he used as tools and bled to keep in office men who are only abusing the cause of Liberalism,