OPUNAKE.
[fkom our own correspondent.] September 25. — The news that arrange ments for a reconatruction of rents undor the Native Leases are complete has struck the first joyful chord whioh has vibrated for many a day in tbiß district. The reductions appear based oa a desire to act fairly as between landlord and tenant, while at the same time the latter is placed in a position in which he can recover his ground lost during the last two years. The tenants all seem to agree with the pro posals of the Public Trust Board, and will now work with more heart on their lands. It may be expected that before tho five years of reduction are up the lands will be yielding plentifully, and the landlords will receive the stipulated full rent. The offioers who were employed by the Board to value the properties are to be congratu luted on the successful inor.ner ia which they have accomplished a very invidious task.
CORRESPONDENCE.
San Francisco Mail Sbbvioe. Homeward Route.
MAIL SERVICE BY DIRECT STEAMER.
THE SHIPMENT OF BUTTER.
