The Wellington - Manawatu Railway.
The London correspondent of the New Zealand Times writes : — The floating of £360,000 worth of your Wellington-Manawatu Railway debentures has been successful, as you know ere this reaches you. It is to be hoped the railway works will now be pushed on with rapidity, for £20,000 a year for payment of interest on debentures has to be sent Home during construction of the line m question, and the shorter the period of construction is made the better it will be for the future financial prospects of the company. In four years from this time we may fairly expect this line to be m working order between WeUington and New Plymouth, on the West Coast ; and m eight years' time we ought to have the inland line open from Wellington to Napier, on the East Coast. With these railways completed and frilly equipped, m a few years afterwards the southern half of the North Island is likely to be more populous and more wealthy than any other portion of New Zealand of similar area.
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https://paperspast.natlib.govt.nz/newspapers/MT18840111.2.9
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Manawatu Times, Volume X, Issue 1148, 11 January 1884, Page 2
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177The Wellington – Manawatu Railway. Manawatu Times, Volume X, Issue 1148, 11 January 1884, Page 2
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