Manawatu Herald. FRIDAY, APRIL 25, 1890. Beware of Speculators.

Manawatu Herald, Volume III, Issue III, 25 April 1890, Page 2

Manawatu Herald. FRIDAY, APRIL 25, 1890. Beware of Speculators.

' ■ » Thi Hemp Millers Association M should at once meek, Mid agree to a sum At which they wil sell their 4 produce The eapataliat is now roam ing around seeking whom he may • detour, and &• little fiah are being

tickled with an offer of £14 per ton ! Of course this is utter rubbish, and the firm tuat would get up steam to , •uek an order might just as wel set ene of their members on tfee Safety -valve and go in for «a immediate nstead of a prolonged v burst up " It is absurd to suppose that it will, at the present cost of production par a mill to sell at this low figure, and the firm who sel'a at this price will be doing tnemseives and the trade a grievous blow. The time has now come when an attempt is to be made to reap tho.h .rvest of all, the depreciation of the past few months, and b md indeed will be he, who tumbles into the trap. An offer pf a price, shows that the material is wanted, and makes it certain that if the producers will only wai'o a little longer, they wi 1 receive psyment for the time that they have had to lay idle to compete w<th the mo ster " bear " To the he^op miller wa would say, under r, 0 condition accept a, contract fj r any term, unless at very g od prices, but avoid entangling youvse™ in any way without urated action. To our business men We would say, avoid being made the traps ta catch the sprats for the tagger fish, as it is from the millers your profits are made, and it is to your interest, as well as your duty, to assist them. We write earnestly, as the time has come which we have predicted, and we desire above everything to prevent those who would larve us by abstaining to buy the product of our labour, to st»ne us yet further by buying it at starva* tion prices. We ask every bempxniller for himself and the district to await a meeting of the Association.