The Manawatu Standard (PUBLISHED DAILY.) The Oldest Daily Newspaper on the West Coast. THURSDAY, JULY 24, 1884. LOCAL AND GENERAL.

Manawatu Standard, Volume IV, Issue 203, 24 July 1884, Page 2

The Manawatu Standard (PUBLISHED DAILY.) The Oldest Daily Newspaper on the West Coast. THURSDAY, JULY 24, 1884. LOCAL AND GENERAL.

I Reviewing tn6| disastrous consequences likely^or^Sjlitfroin the borrowing po||cy?^w|jSir. Juuus, YWfJSfc, tlje BJpJr Zp|]ftn§ Herald gays:— r" A vast borrowing scheme is| likek. to.l)e jloatedof sych_ a^ nature fajjfixxßii 'A^^y^ t lß^^ < pßice oMe <$< \\ie 9 f/\tW th^pe'tftjnxy ' of tpidmeiladk. vj.nees thereon m flip ftituye. Anc] the question:^ MteWite t° J-P-? deme to prevent tb'ie TlnffipliQn on tfte~ eclony ? The answer te this ques'r tion is brief -and ; decided. /Vhe electors m a body ought to give their support to Major Atkl^son^ He ig!p^|M^V^pbse ; tos «he very frtnijpstsug" a ruinous, gcherne of finance; and it is a duty> f a}} fg^od colonists owe to* w«n selves?(and to the generations who wijl succeed them, to second his efforts with tlieir united strengths . In;..t^e^trug-; gfe that is impending 'every vote #pjfc give with this end m view isBijnply thrown away i or, rather, it will orily^ contribute to Wtys sbj>Mf; the 1 mischief' which it ought' : to be ,the "aim* of 'ill 1 to 1 prevent; therefdre, the' elector^ to a r nlari de- ' fcla^e' JjV fhe result of the poll th'^ [hey 1 dfecline : |o e'riccHirage'ViqH' ft scheme as that contemplated, anq tiiat, m the words of the Premier, .. { they will simply combine l to borrow from time io time ; as much as, 'iliey can 'pay interest brioui ofth'e ortf.nary fPp^HP; Jn another article on the game §u^jc^t the Herald says .• — " If Sir Jui4us. ; gpt|! 'inj;o office he will borrow a few more \ millions, and by spending them will j

remove the depression m the South. Then lie will get bis claims , recognised and paid by a .grateful country, and m a flush of ■ pospeVity he "will pack lip liis car- 1 ipet-bag (after pocketing another .£27,000 m salaries), and go home Jo lingland to negotiate a. few more loans. As to- what Will/aftbtwat/Jsi come over New Zealand we will not jSDe.culate." ..... , - -- ■■ ■-*»