IRE AND THE "SOFT ANSWER."

Dominion, Volume 3, Issue 675, 27 November 1909, Page 8

IRE AND THE "SOFT ANSWER."

t ' ' \ JOLfi COMPANY MEETING vXShunfhbWcra'in^tho.T.-1. Joll Co-operative i Dairy Oompanj lnild a special meeting at (Jta-:f^^^:vtvkeHo^dst%e(^k■to^:hel>l:-|dr;J.:Smith•a.rcaso^ls: ti'o'hlecido ;whether;.'such':resigiiation '.should bo; i i.tho-.meeting- Sir*.': S.\, Lye,; -Dimei KaU ;i :lweri/'iiUi(;hed'-.td '.tho: adver- 1 that nftfe tho,advertisemint, had, "to snit Ins own purpose," mado . to a general meeting .'of-..shareholders,. ' ; linStead -of ; only - to Otalfelid 'suppliers,-ip::,'?';-'-Elti.tllfi.'coiirso. of a'Btatomont llr.:Smith'stated ;';:;A:v: : ;tot;;tho directorato was - Weak/ that, tho excess -'J.aßotlr "-'-eihpliyed >rh(id: • caused '• •.heavy loss of money,;and that, milk-watering' •"ci; } *' .vliadligonouncKfickedi lvTh"6expenses last year ;-^; on tho cheese,output exceeded thoso of Hawoia .nVahag'cd :chei!so..'faCtory ;iu Tafarialti. :P? :^:-;,-::ii;hisiloss '6f-fS3600^wasiefltirelx to ovm:it had been \S-Bavcd , vit, i 'wbtild>hftvs ;giveri .suppliers, another S ■; for';;thoir:- -butter-fAt, 1 . chairman./ His! reasftns • • • ; 'ior rC'Signlhg wero*:that ;he receiyed no :;'irpm?Jlis :co-directorsMh:-liis :dsorts to .improve, :tho .company's alfairs j: and -'- V' :cbeapeh' tho- cost of' manufacture; . ; . i- : .; y--1 I'he .chaii'man (Mr.:. 'Murdoch) rephqd ':. :/that,those'ailcgatious igainst himself and. the other; directors had come like a thunderclap. ''.■ ''- -■ The tliscOrd did not begin till two months ago, '■>:H5; i yet tho-':W'liblo : ;of the allegations applied to last - : yp'ar's.rbusiiiess; At the annual meeting he. ' (the iiliaitman) gave details which' showed that, ' ... co'nsideriiig;!, their--(jilliculties,. they; 'did .wry. Silk; to ;; labour, they were guided by.tho,manager, although ho beV? 6mployed.. At', the ' .tiipe .wtieri- tho. iwas ; being started, get' tho'f necessary: iiuinber of supwas - given at ' one. branch -.v'c ;; wHefo ; butterwas ; made, .' and: those suppliers v. w4ra>;|:Altl'-:'out \£6oft more than, tlm butter. "fi'f.'-''- ; td get'tho numor tho : ;companywoiilij hot ; :S,'v; .•hiivo.,sthi , ted at all. In the matter of. milk-: . . watering; ho said no one could.say how much . - -iiid beeni'lost. It'was no' good saying tho jcoultl ■ have '-'rushed ( in and put; this V, down : litbh'ce. 'v They; had to! consorvo; the. 'com-. ..' : paliy's'-interests, for all the - shareholders -and ': -. • . liad.to consider that there was then'opposition i . . tTpuhd. them, to whom dissati-sSed suppliers •' would ijuldkly have-gone. The company was 111 • . a. remnrk'abfy -good , position '.at . the; present - time—in'ti. better position than any. .company: rr!-i'^hadv.teeri 1 after;ohd and a quarter' year's exist- . encfi. .the'directors had done was to tho - ' - "best interests'of. the company. If./Ms word vi; -; ; could ■;fie ; got 'from /the office,'nnd-'n meoting'held at Otakeho. to hav.b ; tho position lully -put' before them. * If". 3je considered Mr. Murdoch's explanation entirely satisfactory -••-•.•Mf '•'•Bldmfield '/madereference.., to . the good ;5- w ork ; done by:the; directornte. :-Eor a first year, he said, • tho - Joll. Company: 'had done mnrvelwell. , ■ v 'tV ,Mr.. J. 'Russell said ho would ho ■.< sorry to *'■ 'eed '-Mr.- - Smith' -resign, after., what-.ho -had said that night, nnd was satisfied Mr Smitli ■W;is just ns &Qodias they.could get.. 110 moved: : 'That this' meeting .';)ias every confidence , .in Mr. Smith as'a '.director of the 'Joll; Company." — , _ , . •'. This wasiKeeonded -by Mr. w; Lyndon, and '-. carried unanimously. - • ' ■'%' ' ■ SubscfiueiitlV a similar -vow of; confidence on. Mf Muidoch'iuvt his co-directors waS earned, -. nnd the* chdirman expressed a. hopo that< the. little "slorm in a teaDot",was now ended. Orr-.-.T-vi--.- ■■■!'< -. '■-i! >-■<