http://www.teara.govt.nz/en/1966/vogel-sir-julius-kcmg
Vogel stated three principles of Government policy regarding administration of public works and immigration. Both islands would share in the scheme; there would be no changes in political institutions; and although the need for colonisation was general, the Ministry realised that conditions throughout the colony varied widely. The scheme was intelligent and appropriate in its conception. Had its administration been careful and the safeguards heeded, it may have benefited the colony greatly. Vogel, however, was not the man to insist on maintaining the controls. His main object was to borrow the capital, regardless of the concessions he had to make to provincialism and local greed. Featherston and Bell were sent to England during the year to raise the money, but while they obtained a guarantee for £1 million, Vogel had authorised the spending of £4 million on the first stage of the policy. He himself left on a loan-raising visit to England and the United States at the end of 1870 and, after borrowing £1,200,000, granted railway and immigration contracts to John Brogden and Sons.
