State, after holding office for some six years, is in a precarious' position. 1t has recklessly spent the accumulated savings and credit of a long series of Liberal Governments, passed legislation of doubtful honesty, and finds itself compelled to retrench its own employees, who, it is needless to say, are prompt to turn round and rend those who hitherto have given them all they ask. Unable to borrow in London, Queensland has tried to borrow in Australia—not in Queensland alone but in other States, much to the disgust of the latter. Like any tenth-rate Latin country she is raising money by lotteries and so-alled art unions, but probably her greatest humiliation is to be found in the fact that a mining company, which wants a railway built and is not allowed to build iv itself, is actually sending an agent to London to borrow money on the credit of the Company in order that the Company may lend it to the Government of the State. In another part of Queensland an extension of the existing State railway is sought, and tha Government agrees to make the extension if the local people will raise the money amongst themselves and lend it to the central administration.
Mr. Theodore, the Premier, 's busy secking a way out of his politico] troubles, for utter anni-pilation of his whole party stares him in the face. He and his followers secured only a minority of the votes cast at the last elections, there must be no colour bar to} and if he fulfils his promise pro-membership and that no agreement; perly to redistribute representation with capital must be considered according to voting power he is
Text read from the printed page and cleaned; old type leaves the occasional error.