NEW ZEALAND ENTERPRISE.

Press, Volume LVI, Issue 16854, 7 June 1920, Page 8

NEW ZEALAND ENTERPRISE.

During the past few yoars many people have complained of the great difference in the price of the 2> T ew Zealandgrown wool when it leaves our shores, and the cost of the woollen goods whon they are brought back to tho Dominion in manufactured forjn. Everyone lias realised the anomaly getting people at the other end of th(f; world to manufacture our tweeds and | shawls and other articles from the wool I which is grown in New Zealand. | Why should not the whole process of 1 manufacture be carried out in this country, thus providing labour for many workpeople, and woollen goods of tho, lowest possible priccs for'the public? | In the past the chief difficulty in the ■ way of local industry has been the com- i paratively low cost of wages and pro- j auction in Britain and other European countries. Oversea, competition has been a serious menace to New Zealand productions. Now, hewever, • tho tost of manufacturing in all places from which we draw our imports has largely and permanently increased. llecent figures &how that, on the average, tho price or British exports at the point cl : shipment has increased by 170 per cent, as compared with pre-war days. Shipping transport, toe-, has greatly increased in cost. All these factors provide a very hopeful outlook for manufacturing enterprise in New Zealand, especially the conversion of our own raw products into "manufactured .articles. _ | Therefore, a sign of real progress is § the incorpoation of the Wanganu-i Wool- g len Mills, Ltd., which is being formed to carry on the manufacture of woollen goods. Tho three existing woollen manufacturing companies are in a flourishing' condition, hut their resources aro inadequate to .supply tho needs of the Dominion. In all matters relating to situation and facilities,. Wanganui is a splendid site for the industry proposed. Puil particulars aro given in the complete prospectus, which, together with the application fnrm, may be obtained from the local brokers. Messrs J. O. Jameson and Co., 152 Hereford street, Christc-iivf-ch; or from the interim secretary, E. 31. Silk, F.1.A.N.Z., Wanganui. 2-1