8 THE WEEKLY MERCURY.
26 – Fair ,s.s., from Pourerere
28 – Taupo, s.s., from Auckland via Tauranga and Gisborne. Passengers – Mrs Corrigan and child, Mrs Taylor, Mrs Berry, Miss Jac, Dr. De Lisle, Messrs Farr, Locke, Graham, Samuels, Taylor, Floyd, Simpson, Goodall, Currie, Long, Solomen, and 6 natives
28 – Result, s.s., from Wairoa
28 – Manaia, p,s., from Wairoa. Passengers – Mrs Robinson, Messrs McMurray, Webb, and Fraser
29 – Kiwi, s.s., from Wellington
30 – Rotorua, s.s., from Wellington and Southern Ports
1 – Storm Bird, s.s., from Wellington
2 – Wanaka, s.s., from Wellington and Southern Ports
26 – Albatross, schooner, for Whangapoua.
27 – Southern Cross, s.s., for the Thames and Auckland
28 – Taupo, s.s., for Wellington. Passengers – Mrs Russell and servant, Misses Russell, Rich, and Shea, Colonel Longley, Messrs Jacobs, McKenzie, Douglas, Wood, White, Jobson, Aictcheson, Curcliffe, Heman, Tomoana, and six original
30 – Rotorua, s.s., for Sydney via Auckland
The s.s. Fairy returned from Messrs Coleman and McHardy’s station late on Thursday. Capt. Campbell reports fine weather this trip, and he succeeded in landing the whole of her cargo.
The s.s. Southern Cross, Capt. Holmes, took in a part of her cargo on Thursday evening and the rest on Friday. She had 60 head of cattle and 308 fat sheep, the half of which was taken outside to her by the Sir Donald. In crossing the bar by the westward channel on Friday she bumped heavily, in fact lost steerage way, and stopped altogether on the bar for some time.
The s.s. Taupo, Capt. Carey, left Poverty Bay at 4 p.m., on Friday, and came under easy steam to Napier, arriving about 6 o’clock on Saturday. She was tendered by the Bella and Sir Donald, and left about noon, taking away a large number of passengers.
Captain Evans, of the Rangatira has just been to Poverty Bay to defend an action brought by Mr Horsfall for damage to a case of his whilst on board the Rangatira. The defendant last the case, but it will come on again, as counsel for defendant, Mr. Rogan gave notice of appeal.
The s.s. Kiwi, Captain Campbell, arrived in the Bay on Sunday afternoon, but as there was a heavy sea on she did not anchor. Captain Campbell headed her out to sea in the evening, and hove her to. She put out in an appearance on Monday, but there was no chance of communicating with her.
The steamers Manaia and Result both returned from Wairoa on Saturday loaded with maize. The Result called off the Mohaka to pick up a boat left there last voyage, but was unable to do so on account of the heavy sea on the beach.
The Union Company’s s.s. Rotorua, Captain Macfarlane, arrived in the Bay about 10.15 a.m. on Monday, but, in consequence of the heavy sea, there was no chance of communicating with her, and she left for Sydney via Auckland at about 11 o’clock. Our outward English mails are therefore left behind, and several passengers en route for Sydney, Melbourne, and England, are also still in Napier. A signal was sent up at the station asking if the steamer would wait for the mail, but we imagine in consequence of the rain and thick weather Captain Macfarlane would not be able to make it out.
The s.s. Storm Bird, Captain Doile, arrived at the westward anchorage at 10.15 a.m. on Wednesday. The Pilot at once hoisted the signal “Bar dangerous,” and she laid off there.
The s.s. Kiwi, Captain Campbell, bought up at the westward anchorage on Tuesday evening. On Wednesday, at about 9 o’clock, Captain Campbell signalled to Pilot Kreaft, “Have you tried the Bar.” The answer was, “No; too much sea.” Captain Campbell replied “I am very sorry.” A boat from the Kiwi communicated with the Storm Bird on Wednesday.
The s.s. Sir Donald went out on Thursday to the steamer Kiwi and Storm Bird and brought ashore the respective mails. The pilot went out with the Sir Donald and was transhipped to the Storm Bird, which steamer was brought inside at 11 a.m., she grazed the bar there being only 8 feet 6 inches this morning at high water.
The Wanaka arrived at noon ou [on] Thursday and was tendered by the Bella and Sir Donald.
The improvements and alterations to the s.s. Rangatira are progressing very favorably. She will be ready for sea again in the contract time.
The Rotorua left Auckland for Sydney at one o’clock on Wednesday.
The Zealandia left for Honolulu on Wednesday at 2.15 p.m.
At Messrs Routledge, Kennedy, and Co’s., sale on Tuesday there was, in spite of the wet weather, a very good attendance of buyers. The following prices were realised. -Hobart town apples from 2½d to 4d per lb; onions, 3d; maize, 3s 9d to 4s 3d per bushel.
Mr M.R. Miller reports sale of Mr William Lyon’s Kereru and Poporangi properties – 11,000 acres freehold, 2000 acres leasehold, with plant and improvements, and 13,500 sheep, delivery after shearing – for £22,500.
WALLIS – BEAMISH. – At Okawa, on July 26, by Rev. P.C. Anderson, Arthur Henry. second son of F. Wallis, Esq., F.R.C.S. of Beshill [Bexhill], Sussex, to Jane, eldest daughter of N.E. Beamish Esq., Okawa, Hawke’s Bay.
FLEMING – McKENZIE. – On July 27th, at the residence of the bride’s father, by the Rev. R. Fraser, Mr John Scott Fleming, of Blackhead, to Harriet Ruddiford, eldest daughter of Mr John McKenzie, of Tamumu.
TRASK – At Wellington, on July 25, Thomas Trask, aged 86 years, father of J.H. Trask, Napier.
REID – At the County Hospital, Napier, on the 1st August, Thomas Glen Reid, aged 26 years.
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The Weekly Mercury
HAWKE’S BAY ADVERTISER.
SATURDAY, AUGUST 4, 1877.
THE colony is indebted to the Colonial Treasurer for the plain unvarnished statement, made in his Budget speech last night, that the gross debt of New Zealand, when the balances of all authorised loans are raised will be £20,895,311. This enormous debt, considering the total population of the colony is not much more than three hundred thousand, was incurred in the following manner: – “About £8,300,000 has been spent upon railways, £3,500,000 on immigration, £4,400,000 on harbors, lighthouses, public buildings, roads, bridges and other public works for opening up the country, £1,300,000 in the purchase of native lands (including the payment of the debt to the New Zealand Company), £2,000,000 in the suppression of the native outbreak, and the remaining £500,000 on miscellaneous purposes.” The total revenue of the colony last year, was £3,011,594, of which £890,535 was derived from the sale of land. Land sale receipts, however, are of a fluctuating character, and Crown Lands open for sale cannot be regarded as permanent sources of revenue; deducting therefore the £890,535 from the colonial income there remains £2,171,059. The Colonial Treasurer in drawing a comparison between the revenue and the debt of the colony, with the revenue and debt of England, said, excluding the land receipts, “our net public debt is eight and a-half times our revenue, or, if we include our income from land sales, our public debt is equal to six times our revenue, while the public debt of Great Britain is more than ten times the amount of her revenue. This seems to be a fairer way of comparing our indebtedness than at so much per head of the population. It should, moreover, be remembered that the public debt of England has been incurred for war purposes, while that of New Zealand has mainly been incurred for reproductive works.” In reference to the railways, it is satisfactory to know that there has been a profit of £87,924 during the past year. The expenditure has been £228,295, and the receipts £316,220. By amalgamating the Armed Constabulary with the Police Force, there had been a saving effected of £10,000 in six months. The gain of the amalgamation of the two Forces would have been much larger had it not been necessary to pay a bonus to the men who had been discharged from the service. There had been a deficiency of £40,621 in the Customs revenue. The postal revenue appeared to have fallen £9452 below the estimate, but sums amounting to £15,923 had to be received from the Imperial and Australian Governments, so that the seeming deficiency would be converted into an excess of £6000. In incidental receipts there had been a deficiency of £18,457. With respect to the Land Fund, the Colonial Treasurer said: “The sales in Canterbury show an excess, while those in Auckland, Taranaki, Hawke’s Bay, Nelson, and Otago, have proved to be less by £83,000 than the sum estimated. In consequence of this the whole of the Treasury bills authorised under the Financial Arrangements Act, amounting to £150,000, have been issued, and an additional sum of £53,000 has had to be advanced from the consolidated fund in aid of the land fund.”
For the ensuing year 1877-78 the proposed expenditure was set down at £3,109,754. The estimated total revenue of the colony for 1877-78 was £3,392,685. The Colonial Treasurer said, “I have satisfied myself that it is impossible so to reduce the departmental expenditure as to bring our expenditure within our income, unless we are prepared to relinquish some of the luxuries we enjoy in the way of telegraphs postal services, and Resident Magistrates, which are spread broadcast over the land, and which, as far as my experience goes, it is hopeless to attempt to reduce, then, that we must, at any rate temporarily , aid the consolidated fund, and the question is, how is this to be done?” * * * Our liabilities being what they are, the subject of taxation is not lightly to be touched. It is one which requires the most careful thought. It must be considered as a whole, and it would be quite impossible to deal with it satisfactorily in the present session. When our trunk railways are approaching completion, when we have had time to consolidate and settle down, and able to determine our real requirements, then the whole incidence of taxation must be considered; but to deal with it now, in a fragmentary way, would, I think, be a serious mistake. The Colonial Treasurer then proposes to make the Land Fund chargeable with interest and sinking fund on the cost of the opening up and the settlement of the country under the public works and immigration policy. The land fund of Canterbury is thus to be charged with a sum of £58,000, and that of Otago, with £109,000. It had been found impossible to submit this session estimates for the completion of the railway system, therefore, the Government only ask this session for a sum sufficient to unite the already completed sections of the trunk line of 500 miles from Amberley to Kingston, and for the extensions of the main lines in other parts of the colony.