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Family Notices

WEEKLY COMMENTS.I

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OUR Contemporary stated that the town I is under no obligation to pay the Bank i a single penny beyond "paying the two shilling rate and handing over the income of the town estate, or, in other words, pay the Bank X9,000 a year." A little further on it states that the Ratepayers are not responsible for the repayment of a single sixpence of the debt of L236,000 which the Trust owe the Bank. If they accept the proposals, what will be their position ? They will have taken upon themselves the whole of the debt. They will have made themselves responsible for the repayment of X236,000, with another Y,40,000 on top of it, and the interest on both sums." With regard to the L40,000, that debt has not been incurred, nor will it be incurred unless the Ratepayers decide that they will require it for the improve- ment of the harbour and channel, so that we need not take this into account. The object which our Contemporary had by its introduction was to show that by ac- cepting the proposals of the Bank the Ratepayers would have to pay £ 11,800 in- stead of £ 9,000 per annum. As not a single penny of the X40,000 has been borrowed, we can leave it for the present out of the question.

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LOCAL INTELLIGENCE.I

Tumble Competitive Concert.I

DROWNING FATALITY.

NO MORE BEER.)

ELECTION EXPENSES.I

UNFAIR ASSESSMENT. I

COUNCILLOR'S INSINUATIONS.I

MUSTARD AND CRESS. -0-