ADVANTAGES op THE ASSO CIATION.

Manawatu Herald, Volume III, Issue III, 30 June 1891, Page 4

ADVANTAGES op THE ASSO CIATION.

The Association jb projected at the instance of farmer* and producers generally, in order to sp ure te them by co-operation the benefits oi interdwse wh'eh have hi'h r'.o gone to the merchant or dis'rilmto alone. By co-operati n i*i the f rmatiorof the Association the tariperß, tbe dairyman, tbo fmitjrrnwer. the sawnvller and flaxmi ler. ibe woolgrower. other producers, and the shareho'd-rp geneiHllv may ned their prodeee • rd buy what they sever* ly consume in the most favourable markets. The profits of the Association after pnvment of emensus will belonjr to rod be diitributed amongst, the . harebolders. Subscriber, will thus obtain for produce the full market vahie iv the markets ot the world, subject only to payment of expenses and a oertain fixed percentage in order to enable the >ssnei>vi'm to pay a dividend not exceeding seven per cent. on oapital. On the other hand tbev wi ! l obtain goods at who snip prices. The Association will *o Wt nn*' supply to shareholder (•ron-pK ard d smterested informa <r»n "a fo t he state of and adv. nt!<<?ei« offered by thn vurious markets throughout the world. The Association will te> k to al v itself with other kindred instiiutions. and so by sharing the oof of" »j_«v cy in Home and Fere'gn nimke s red no • cost, while ii ere<>Hti.g efficiency to Shareholders. The profits of the A-.-s-- .union, afterpayment t« jdiarebolHeis of a dividend not exceeding- 7 per centum upon thp amount of ihe piid up capital, wiil be divided among t the 8 rt'eholders nccordina to the amount r» p l>u. •ne« >s 1 -ii" by each or otherwise aa mny be from time to time by a tunjo'itv of _ha»oho ! df>rs at any gcu.i^ UI iiitf dwlwu.l. Ed, '

Jn allotting tho shores, the directors will have regard to priority of rpnlication, «nd n^t more thnn too ehnres will be allotted to any .ne ner^nn. T n FulitniHlnsr nn A?sneintiin . f chin ohflrflofer tv thp p .hliV it is only 1 "Pfp_ c -nry to snv tlmfc it i. in no ft ippeu-nfiy nndertnkintr. TVpxpnripTi"?. of similar enterpripe" in tlie Oilrmv has .hown them )o be ?W iri dividend payingr. but prodroiivftof pinnvor»llii»p«-ni advant'.Tpg f n tlio t>. n d'lPr-r : minimising n 1 ' they d-i «11 clmrrrps, tli* v nTePsarity com n•! mprcbnn f H nnd shipowninjT firms to lower to n. rcflsonable point thnir vr.'os of pr r.fi^. pommisfiions, fr«i_-h't. , «- •. Thr fitcfc thnt the .NW Zealand Pn'mni".' Apsneiation of Canterbury fP'-T'lsfplMi'^hl In. t voflr hn' 1 a fntal n".'flk of £10,804 _s Brl to di.«tribn<e, nivl flint the Cnnfprrmry Farmerp Association and other simi'nr A c PO"iHiions r.ru nil in a mn*t <n»«l. Vfnry financial c( nditi.>n.ppealcs for ifpolf n. t* f'p sa'ety of the capital tn he em- nr'-ed. Tl'P p.onfrnl po. "Mon of tl c C!fy of WplHpoiop and its mnr.m'fioept rnpnoily f»r il p chrnp d'strihntinn .->f nro^ucta fo nll.pnrtf of tl o world, mnrks it r>rt pmminenllv i. the nnturnl cci tre for tho present Companv'. oppr^t'o^p. Thp rrocnt connection qf the city with Nni'er on the E«.°t Cr oaf, and T'fw Plymouth e.p tim West Cofwt, l>y through lincp of railway, will pnn'ilp tho . . ttlorp in th°pe dhtr'c's fo «hnrp 'qually in tho al v ni-tn«refi, whHi wi'l accrnp lo shnreholders in tho Wellington Pro. yincial Pistriot fr- m hnvinff nt thoir door the 1 rsb nnd choa|..c t >t harbour in the Colony as a dis'ributirg oentre,