The general results, of/ the year promised to be--siafisfictbryi- - He hoped the revenue wbiil d' ; *~ quite < coveY 4ekpenditw:e >. —• no smajl ajphieyementj seeing! tli^t ! - twelve ior nipntlis ago; tliere^a^a /deficit of £ 1 966;0Ci01 ' : 'He^believed he^could assure th,e colcrav that : ihe\ Goyerniijent had re- Ireiici^d-to thejextent "of '£2s2,OOor Last session by souifl^ pebplb" tqliav^efefi, a, barren h q ne^; Jmt V i t s^as a^ , greats migtt^ev t O. jrifl^e r of. ;the valu^^of a; ■ sessum 4 by- ; tHe ob^i Acts passgdi He^ ; wisKed^=t ber^ biorP p^a^|^*dis6iWsioa^^Cdid not;; iiiean useles)? talk^aa^Jieß^leiigli^ in;

future. There wore several most impor tant Acts pas.-'.e:l» anti if nothing else had baerudjpne than putting the iinanoes in a bettei?eondition the tiiu-j wmid not have jbeea ; wdßtrd. As to public works.- the. only for th« Governm.-nt owing to j^B^large.-coinMntineiits.'liy their prede cessors wax to carry oiittheworksinitiated by them when the Government saw that there was likely to be an immediate return, plete other main lines in the colony. They hM -been obliged. t;> stop; 'many works Svhieli otherwise they wouldchav'e-Hked, to J?.P^iL->Y4tUi,. s Uy.v,4Xvsy ]™d_js n i'eavored to act fairly to all .' "The poifey 'for "tfierf iifufe {wonld be asteadyrc^ntifiiianceiii tliVmbde ;of action. Tlvb moHe oFd 'aiing ■V 7t l - 'ocal jbodies vvaa.an. important flii^tionr Ho ex plained in detail : tjse pro^of-sli- of the Go vernirierit last < session .contained in tlie Local Governm-nt Bill, and said that the ■witlidrVwa-l'of the subsidies had "been no breach of faith; In connection with the subsidies he said that when these were promised there Hvaa no } idea. that, ,in 1878 there would be a new, departure — -a launch into an enormous and costly scheme of public works; and when that step fwas | taken it altogether altered the -position of affairs. It was impossible to pay,theJS3oo,ooo of additional interest and sinking. fund in volved by the policy of 1878 without special taxation, and if there was ; to be taxation for subsidies it was much better to let the local bodies do the taxing themselves. He contended that the proposals contained in the bills of last session were fair, and con sidered them preferable to granting mile age rates to counties for. 