Revaluation.

Manawatu Herald, Volume III, Issue III, 15 August 1891, Page 3

Revaluation.

T : h£ t N.Z» ?'M»<?a.reporfcs.t^e followr in&.iexpßvience of Mr Eolleston's on applicants foi relief, as he told it to the House on Friday:— , „ tiJ^4eUa \ ''$6$ of ■£&&.'. lie , had Tfifeft^ * .PKo^W us settler. • ;He. wasiooking up these places whence petitionjsfor relief had come, and he came ' to a "beautiful crop of wheat as ever he saw in Hut life. To the owner, who didn't ijaow him from K^klam. he says^,./. v.% ' .. , .^W" Fine crop.V. ' l '■ ■*- <s Ay, BDj^dicl^ i ■:• :■>:' ' " Forty M^sM^:,. ■■'..• - " The maflv|po|i^ ' it^^nve' ; as .if he thought f^^|f]Sripw;a crop of wheat fro^a^a 4 orl&p 'of pats ; and said scornfully^ -';Dob'£.. expect anything under 60; bushels .' here.' And I believe that crop was nof far off that — oveF-40-bushsls-it- was considerably, (gfvtft ,:;7;"-- .:.-■■■ •-:• The^caiae-Jfee oliflaax. , " '"jour "name is first on a petition 1 ' for /relief,. Why did you sign it? ir ' "' ! . '" ' '". ;' : . The'mantbok in the situation and uaw'the. humour, of it'; he laughed, and ,-witli ; ready. Hibernian wit, an-sweredthflt-while others were.getting • relief, ;: he didn't, see why he shouldn't get Boma to... ',',",' ..'.'. ,

of every description, all farm and station products and requisites, implements, machinery, chattels, and effects of all kinds, upon such term* and conditions as the directors may . from time to time appoint. 3.— To afford facilities to the shareholders and constituents of the j Association for, or to undertake for them the shipment of their produce to the various markets of the world, and to appoint agents in Great Britain, the other colonies, and foreign countries for the furtherance of this object. . 4. — To make advances to the members of the Association or any other person or persons upon real personal securities, as may from time to time be approved of by the directors, and to receive money on deposit at interest or otherwise. s.— To sell, exchange, improve, manage, lease, mortgage, dispose of, or otherwise deal with all or any part of the property of the Association. ADVANTAGES OF THE ASSOCIATION. To secure to the farmers, graziers, and producers of the West Coast, by co-operatson, the benefits of. interchange, which have hitherto gone to the agents or distributors a'ona. By adopting the principle of cooperation in the formation of the A&eociatioi;, farmers, graziers, flaxmillers, and all oth..-r producers who are shareholders and constituents, may sell their products and buy what farm and station requisites they severally require in the most favourable markets, and at the same time share in the profits ot the Association, which, after payment of nil expenses, will belong to nud be distributed amongst the shareholders. The Association will collect and supply to the shareholders agricultural tmd other statistics, prompt, disinterested, and reliable information as to the state of and advantages offered by the various markets throughout the world. Tne Association will seek to _ ally itself with other kindred institutions, and so, by sharing the cost of agency in British and foreign markets, reduce such co-ts, while increasing correspondingly the advantages to shareholders. # t The profits cf the Association, afterpayment to shareholders of a dividend not exceeding seven and a half per cent, per annum, and after making provision for writing off so much of the assets of the Association as may be deemed advisable and providiug for a reserve fund, will be divided amongst the shareholders, according to the amount of business done by each with the Association, may from time to time be approved of by a majority of shareholders at a general meeting of the Association. The annual reports of other similar Associations show the satisfactory financial results which m«y ba attained by such enterprises, and induces the belief in the minds of the promoters that equally satisfactory results may be achieved in this paw of the colony, and while offering n safe investment for capital, that the West Coast Farmers' Co-Operative Association may become, not only a source of profit to its shareholders and constituents, but also a great aud permanent benefit to tho farmers, graziers, and producers of the West Coast gocerally. JOHN STEVENS, Buoker, Bulls.