We notice that Mr Bryoe'a address to the Waikato electors, which we referred to m an article a day or two ago, has been very favourably received by many of our contemporaries. They do not, however, find very much to say with regard to his reference to the financial position, which was certainly by far the most important part of the address. The fall strain has not yet come upon j the revenue, and will not cotne until the balance of the loans bns been ex pended. That is the point whioh Mr Bryce insisted upon at the Waipa election, and he addresses the people to the same effvefc now. Evi dently what he fears is that when the borrowed money has all vanished, the constituencies will bo ready for more of the same sort of stimulant, Hi'b own polioy seems to be continued abstention from borrowing, and the exercise of rigid economy and pa tience till the arrival of the time when the finances will be relieved by the natural development of the resources of tbe colony. Whether tbnfc is a pro gramme which will content tbe people of New Zealand remains to be seen We think that it ought to content them, or rather tbut they should accept it as the common-sense business method of proceeding, and that it will be quite time enough to talk about further sorrowing when the colony has proved that it can pay its way without the aid of loans. The Neto Zealand Herald has a good article on Mr Bryee's address, and is logically severe on those who advocate economy and at tbe same time propound schemes which cannot possibly be made good ont of the revenue of tbe colony. After characterising Mr Bryee's style of dealing with the finances as one of " brutal frankness," our contemporary says : — " The question is, however, whether it is not true — absolutely true. We think that every candidate, from .one end of the colony to another, should be called upon to state what conclusions he draws from a study of the financial position, and also bow he could gob over the pinch. It is simply no use m talking about repealing this tax and enacting that tax. 