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In New South AVales and Victoria, thanks chiefly to Mr Reid, assisted by a band of able" lieutenants, and with influential press support, the old freetrade v. protection cry is forced to the front. The battle is being made a fierce and bitter one. The first meeting of creditors in the estate of George P. B. Stewart, saddler, of Tokomaru Bay, was held at the office (Mr J. Coleman, Deputy-Official Assignee) yesterday afternoon. Debtor being sworn, stated that he had an agreement that whenever things were ' slack he shonld make up stock for sale in Moate’s shop with Mr Moate. This was sufficient to keep him going, as stirrup leathers, saddle-bags, straps, etc., could be more easily sold in a store in a country place than in a saddler’s shop. This offer induced him to take the place over. Shortly after Moate sold out to McDonald. In reply to Mr Lincoln Rees, debtor said Mr Moate’s offer w'as practically a guarantee of permanent work. The subsequent closing of the store, and its removal to a site further away, proved detrimental to his trade, taking away at least threeparts of - it. Mr Moate produced an agreement stating that the stock w r as to be taken at valuation, the price being £32 or £33. He had not been paid anything, and he had not had a sixpence of "rent. After the debtor had been questioned at some length, it was decided to adjourn the meeting until Thursday. Those who scoffed at what they styled ‘ Chamberlain’s Dream,’ an alliance between Britian, Germany, and the United States, have to admit that it is already two thirds accomplished, and that its complete fulfilment does not now appear so far from reali- | sation as it once did.—Napier Telegraph.^

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https://paperspast.natlib.govt.nz/newspapers/GIST19010305.2.56.5

Bibliographic details

Gisborne Times, Volume V, Issue 54, 5 March 1901, Page 4

Word Count
293

Page 4 Advertisements Column 5 Gisborne Times, Volume V, Issue 54, 5 March 1901, Page 4

Page 4 Advertisements Column 5 Gisborne Times, Volume V, Issue 54, 5 March 1901, Page 4

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