Flax.

Manawatu Herald, 17 October 1893, Page 2

Flax.

— * r: .- , /' The market still continues almost *» dead. Nearly, all the flax that h&& v*u * reached Wellington this week has been shipped on millers' . account this by Association, the miller taking an advance from- the »geDtir-^^& few sales are being r niai^^^Ro||i that will barely cover b^Mpwu^ tion. Every discoaragen^l^^mm to continue producing till ~stiff£|lsß' becomes more settled.! This week Messrs Bidwel|;|Koaw of the Wairarapa, thVJargeft|j|gl!^N on * the East Coast/ if nQtJtijiilai^tit in New Zealand; have joini||sira Association. . '•'.'•" ' ; : "•': ''.- '■■'^bsty'p The American papers to haM^are full of. the reconstruction soKaittf of the National Cordage Company": ifiat in May, 1898, suspended payment, with assets $25,782,517;89 and liabilities $11 ,986,417,76^rathe^a|: tounding figures to New Zealanderi. The extent of the trade done by this Company was large and progressive. Year ending Oct. 31, '90— Rope and twine made $48,411,725 \ Year ending Oct. 80, '91— Bfi^fi and,. twine made $74,704.8685/ / j j Year ending t ct. 81, '92— Rope and twine made $180,815,156 Six months ending April 80, '98 — Rope and twine made $fO£7{%f*Y The Company is being seiprely criticised and analized, bjut, yet.in^ the face of this there is a strong, pro^/ bability the reconstruction , being ,'• accomplished, some 6,000,000 dgf , lars are being asked,for. ;j( ; i.^ Sisal is becoming a severe com- v*u * -f^ijw wUbrvj^r^JFlaxjnnMie im-p'orta.iDtoHeW-YWk ini6-4aonths, January: were— lßßo, 49,000 bales; 1888, 75,841 : 1886,' 97,800 } 1889, 161,149; 1898, 178,222. The ©bet ojf producing this article has been very ■ nii|c^ leaned by improved machilierj, th'e.resultipf liberal Government aid "andbbnuses. ■ Will our Government remain aileep and let other Governments snuff this industry of ours out of the fitld ?

£2000 were put upon the estimates this year for^the invention^ of appliances thab^uld lessen': tfie cost of our flax ana improve tne quality. Can th^&oybrhnlent; intend-;to let the vottf jtfiipse i or will they Advertise to the $prj& that such an amount is availabjeT Perhaps they .are fc ashamess.6f their generosity. . Do they expect that foreign talent will be induced to come here for suchjk. mui&e|amount ? But oven £2000 off««#may induce activity in local' gemUS^ So ace we have it and^seWit be* made widely known. -.<- '■•