PROJECTED FORMATION OF A COLONY IN NEW ZEALAND, ETC.

At this period an association had been formed for the purpose of colonizing New Zealand, under certain grants of territory which had been obtained from the native authorities. During this session an application for a parliamentary sanction to the undertaking was made, and Mr. F. Baring, on the 23rd of June, moved the second reading of a bill to establish the said colony. Sir George Grey opposed the motion. The bill was also opposed by Sir Walter James, Lord Sandon, and Messrs. Goulbourn and Pease, while Messrs. Hutt and P. Howard pointed out the advantages which would accrue to Great Britain from the measure. The bill was rejected by a majority of ninety-two against thirty-two.

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