CORRESPONDENCE.

Manawatu Herald, 26 March 1889, Page 2

CORRESPONDENCE.

We »re not responsible for the statements or opinions i of correspondents.) TO THE EDITOR Of THS MAVAWATU HKRALD. Sib,— l wish to direct your attention to the excellent opening for a Steam Cordage Factory in the Foxton district, to utilise the enormous quantity of tow produced by | the many fibre mills. JUf-a. co-operative concern the largest part of the capital should be Bubscribeti by them, and no doubt would if represented in a proper manner, and thus using a material whioh is at present a considerable source of expense am danger. lam unable at present to iurnisl a reliable estimate of capital required, but 1 believe it is not fjeyond the means of the district, and I believe it would become i ! permanent industry, as nowhere else ca i be oeiter suited for it. Covdage and twin - are in constant demand, and if the oonoern

was properly managed it would be a great benefit to Foxton, instead qf sending tie material to other parts of the colony to be mide lip.- I offer these few remarks as a rough suggestion, jtnd if voo would draw attention to the matter in your paper it might attract the attention of parties able and wiling to move in it, as there can be no doubt a fortune is at present being wasted in the tow alone. ~ I am, Ac, JT. A. Perbbad. Moutoa Road, Foxton.