bitterness confined to wild language in or out of parliament. The terrible saying of Gibbon Wakefield, fifty years ago, that in Colonial politics "every one strikes at his opponent's heart," has still unhappily some truth in it. The man who would serve New Zealand in any more brilliant fashion than by silent voting or anonymous writing must tread a path set with the thorns of malice, and be satisfied to find a few friends loyal and a few foes chivalrous. Chapter XXI SOME BONES OF CONTENTION "Now who shall arbitrate? Ten men love what I hate, Shun what I follow, slight what I receive; Ten who in ears and eyes Match me; we all surmise, They this thing, and I that; whom shall my soul believe?" During the ten years beginning in 1879 New Zealand finance was little more than a series of attempts to avert deficits. In their endeavours to raise the revenue required for interest payments on the still swelling public debt, and the inevitably growing departmental expenditure, various treasurers turned to the Customs. In raising money by duties they received support both from those who wished to protect local industries and from those who wished to postpone the putting of heavy taxation upon land. Sir Harry Atkinson, the treasurer who carried the chief protectionist duties, used to disclaim being either a protectionist or a free-trader. The net result of various conflicts has been a tariff which is protectionist, but not highly protectionist. The duties levied on New Zealand imports represent twenty-four per cent. of the declared value of the goods. But the highest duties, those on spirits, wine, beer, sugar, tea, and tobacco, are not intentionally protectionist; they are simply revenue duties, though that on beer has undoubtedly helped large and profitable colonial breweries to be established. English free-traders accept as an axiom that Customs duties cannot produce increased revenue and at the same time stimulate local manufactures. Nevertheless, under the kind of compromise by which duties of fifteen, twenty, and twenty-five per cent. are levied on so many articles, it does come about that the colonial treasurer gets his revenue while, sheltered by the fiscal hedge, certain colonial manufactures steadily grow up. The factories of the Colony now employ some 40,000 hands, and their annual output is estimated at ten millions sterling. Much of this would, of course, have come had the Colony's ports been free; but the factories engaged in the woollen, printing, clothing, iron and steel, tanning, boot, furniture, brewing, jam-making, and brick and tile-making industries owe their existence in the main to the duties. Nor would it be fair to regard the Colony's protection as simply a gigantic job managed by the more or less debasing influence of powerful companies and firms. It was adopted before such influences and interests were. It could not have come about, still less could it last, were there not an honest