Now, with the exception, perhaps, of the various considerations with regard to Ireland, there are scarcely any subjects which have within the last few months been more in the public mind than the various questions relating to our colonial empire; we have had a grave and even dangerous Crisis in New Zealand; we have heard of a rebellion in the Red River Colony; we have had a petition from certain agitators in British Columbia, praying for annexation to the neighbouring republic: we have had the public mind stirred very much on the question of State aid to colonial emigration.

Does the hon. and gallant Gentleman say that there is a financial Crisis in New Zealand?