New Zealand in evolution, industrial, economic and political; . have any pecuniary interest in the objectin view. It was to be a chartered company responsibleto Parliament. But, strangely enough, this was exactlythe feature that attracted the suspicion and disapprovalof the Government. Lord Glenelg wanted the Associa-tion to form itself into a limited liability company. TheAssociation refused point-blank to do so and antagonisedthe Government by trying to get a Bill through Parlia-ment sanctioning its own scheme. When this wasrejected the idealists were compelled to fall in with thedesires of


New Zealand in evolution, industrial, economic and political; . have any pecuniary interest in the objectin view. It was to be a chartered company responsibleto Parliament. But, strangely enough, this was exactlythe feature that attracted the suspicion and disapprovalof the Government. Lord Glenelg wanted the Associa-tion to form itself into a limited liability company. TheAssociation refused point-blank to do so and antagonisedthe Government by trying to get a Bill through Parlia-ment sanctioning its own scheme. When this wasrejected the idealists were compelled to fall in with thedesires of the Government, but before the Companycould be financed a change of Government took placeand the next application for a charter for the Companywas curtly met with the intimation that as the directorshad once refused to comply with the conditions laiddown the Government could not deal further with them. Meanwhile, those who were interested in New Zealand,both at home and at the Antipodes, were much agitatedby the activity of the French explorers and by certain. THE FIGHT FOR SOVEREIGNTY 23 purchases which were claimed to have been made ofthe natives by French subjects. By the middle of 1839definite assurances reached England of the organisationof a French company for the colonisation of the New Zealand Company bombarded the Governmentwith warnings of what would occur and urged the pro-clamation of British authority. Still the Colonial Officewithheld action. At length, though still without acharter, the Company boldly intimated that it was aboutto despatch an expedition to form settlements. Within afortnight the pioneer ship Tory sailed from Gravesend toprepare the way for the first emigrants. The Government was compelled to take action. Crest-fallen and reluctant. Lord Normanby announced in Junethat certain portions of New Zealand would be added tothe Colony of New South Wales, and that Captain Hob-son, , would be sent out as Tory had alread


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Keywords: ., bookcentury1900, bookdecade1900, booksubjectnewzealandeconomicco