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The Feilding Star. SATURDAY, NOVEMBER 3, 1883. Feilding Cheese and Butter Factory.

We will now lay before our readers a few fact* collected from Mr Bowron's book on the above subject, ami endeavor from them to prov« tlm the condition of the proposed. Feildiut: Factory is such ibsit no hesitation ought to bo felt in caTving- it on to a most successful conclusion. The approximate estimate for the erection of, and plant for, a Butter, and Bacon Factory, for 200 cows, based on Wellington prices, is £863 5s Bd. As far as we can jndy-e this U>t&l includes even the smallest thing accessary. Nothing- appears to hare been overlooked or omitted. Of course the coat of a site for the buii'iifigs is a separate charge, and *■•• believe we are safe in saying 1 that five acrea, which would.be amply sufficient, could be purchased within a suitable distance of the township for sny £100 This places the capital required for buildings, plant, and land v.t £963 5s Bd' Add to this preliminary expenses £25. and cost of registration of the company ut £25, and wo have £1013 5; Bg. Tho total ol shares, as stated at the last raaoting of directors, applied for was 1043. From this we deduct 145 held by " some of the directors," and on which deposits have not been paid. This will leave, say, £900 for the company to commence operations with. We will now sketch out a plan for those who are honestly desirous for the factory to go ahead. At the meeting 1 to be held on Thursday, tLo Bth inut, let. the shareholders accept the resignations of fhe present provisional directors. When this has been done, and all proper le^al forms complied with, proceed to elect another directory, carefully eliminating- from it all of those gentlemen who, when on the provisional directory, displayed so much halfheartednoss, and in some cases opposition, to the ech'. me. Those directors who took up shares sufficient for them to be qualified to sit on the directory, yet who failed to pa\ r up their calls, while expecting other shareholders to do so, should explain fully the reasons which actuated them !in giving such a singular ex--1 ample. It c&nnot be doubted this conduct on their part has really been th« sererest Wow of any. There ore some g-entleineu amonj.' them who have manfully worked, and their services have been carefully noted, hut they havo had opposition from sources whence they had no right to eipecr it. No man ouyht to accept & spat in a directory unless he honestly intends to assiat in furthering- the objects of the company to the best of his ability. and to advance his own and the interests of the other *hart-holder« who fleet him. A norvoas, tniiid, or inox perionc-rd bu>niess man is worse than uSA-ess any where, and should he pushed aside to wive place for- joorf; vigorous and ,far seeing iiidividuiil^. We certaioly blame ihe fanners for the lack of interest displayed on their part, but we must admit they were, almost- jiutifisd iv hanging- hnck when they saw those wlm professed to lead the» utterly devoid of fnith, while displaying very little energetic action in carrying out a speculation, the success of which depend* so much on the tact and busineis promp'iturie of the promoter*. The new directory, would have then, say, £900 to com meuce wi'h, which in the meantime is amply sufSnient. We confidently n*sert that tha taut of rhe ren-i.stra':ion of the company, ttnd tie aeottrin^. the necessary site on which «•». cumm^no? building would «a«s« many farmers •nd others to tak« up shares who now look on the proocwed factory with doubt and suspicion. Supposing the project is allowed to drop, the i-ettlers

on the Manchester Blo'sk will be { looker! upon by people in other aud j adjacent, settlements with emotions of [ surprise and pity:. Th^-y are aware we live surrounded by land suitable for dairy farming 1 in every possible respect, and probably without any exception the best in the colony. We j have had about seven years of uniiw ; rermpted pr-sperity. while other places \ hare suffered almost total commercial ruin. The value of our exports now and during all that period has exceeded those from any other Rett.lemo.ntin the South Seas in proportion to population I We have no' ia the whole settlement a single poor person, in th« strict meaning of the term, while many ac day by d=»y increasing steadiiv their store of the world's goods. When it is considered hew much our present fortunate position would be bettered by the establiehineut of factories in j our midst, the apathy and indifference of some, who in the ordinary affair* of life are shrewd and intelligent, is more than astonishing — it is contemptible. We hoprs those »vho attend the meeting on Thursday wiji foil it! with our views — if only in & modified j form — and man fully take up the task i when it is laid down by their weaker brethren, and e<.>mp!e!"fi it with credit \ to themselves and advantage to th<> district

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18831103.2.8

Bibliographic details

Feilding Star, Volume IV, Issue 65, 3 November 1883, Page 2

Word Count
849

The Feilding Star. SATURDAY, NOVEMBER 3, 1883. Feilding Cheese and Butter Factory. Feilding Star, Volume IV, Issue 65, 3 November 1883, Page 2

The Feilding Star. SATURDAY, NOVEMBER 3, 1883. Feilding Cheese and Butter Factory. Feilding Star, Volume IV, Issue 65, 3 November 1883, Page 2

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