Manawatu Herald. TUESDAY, OCTOBER 24, 1905. Harvester Trust.

Manawatu Herald, Volume XXVIII, Issue 3589, 24 October 1905, Page 2

Manawatu Herald. TUESDAY, OCTOBER 24, 1905. Harvester Trust.

i The International Harvester Trust are making a, great bid to monopolize the implement manufacturing trade of this and every other country, and it behoves New Zealanders to keep a watchful and keen eye on these alert fmfiiicleVf,, wild UtfefttHri ttf dt# mir own manufacturers from their very factories. This would certainly happen if the Trust were allowed a free band, and it is devoutly to be wished that Parliament, before closing its session, ■will act decisively in the matter, and thlt§ flfotcdt , large numbers of New wofkbirii ffotti disiriissfil, a hajipeniHg wdulli, asSniedly he recotdeci If We were to aildW the shrewd American financiers behind the Harvester Trust lo once gain a firm, hold in this colony, < Our New ledlanq mdndfactUrers .rnainlain that the cost of Ideally riiade jmpUffftonJs will rather be reduced than raised in proportion to the duty put on outside machinery, find Parliament may thus see itd way .clear tp, .brjng in a to New Zealand manufacturers before thesessidd clc'seC New Zealand manufacturing firms have drawn up a circular, asking the assistance of farmers in the master, and put forth the following reasons why the operations of the Harvester Trus.t should be .fiiriled .agfilnSt;- 5 * (t) Yoli pfeveflt {He. possibility Of a foreign monopoly tfiklng (lid pace of the colonial competition. You wall secure ari immediate reduction in the price of colonial implements. (3) Ydu will secure better machinery because colonial Uiakefs wil| secure some of tile trade IIOW dciild by foreigners. (4) Owing to the incrCa.se in the number of men Cnipld.ed you will sCctife an enlarged, local demand for your products. (5) Less itidney will be spent on canvassers and more on the implement itself. The document is signed by the following firms: —Messrs Reid and Gray, Dunedin, and Mes-rs P. and D. Duncan, Ltd.) Booth, MacDonald, and Co., Ltd , Andrews and Seavfin, find Onoper and Duncan, Ltd., Christchurch. It seems to us that if this Harvester Trust firm once gets a hold and New Zealand Implement Manufacturing firms are compelled to compete against them, nothing bat ruin can come to the latter, whereas the list of multi millionaires will be considerably augurnented in,time as a result of the Harvester T ■ ust operations.