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CHEESE FACTORIES.

Writing pa the 1 'Flemingtou Cheese Factor jy the Sbrth^Otago Times says : — There can" be little doubt, however, ■,< that while all tliese several matters may ha/econtribtited'tothe Ashburton fac- r tory'i temporify' discomfiture, the chief cause otits txHu_ l . experience has been the price it _as r^peen paying for milk._ At th* same ; titne we daresay that 'the company , fays ayriy'a good deal m interest on Ploney' borrowed to erect build* ings and buy plant, as the director* Jiave made tbemsplyes responsible for therpay^ent of . £5,666 to the , bank. With less expensive plant and* buildings, less of course would have had 'to -he raid' m interest,* hut itis .probable that that would havebeeu no real /gain.. *It ib iit a .events clear that the directors' and ; shareholders 7. themsel lyes ; are of - opinion that, their sole immediate remedy is a reduction m the price given for milk, and they have accbdingly resolved to change the price from 4i per gal lon of Iblbs to B£d per gallon of 11 lbs of milk delivered and acoepted at the factory. Even it' this rhtey however, " the farmers" and " district" are not likely to suffer grievously, for 1 we are assured that the factory Has already , increased the va'ue of adjoining land from 80s to £2 an acre, while we are ' tdld of such charming little incidents as one farmer 1 getting £30 a month for ; milk suppled by him to the factor )*,'■ and of another with 50 acres ot rented land getting his toial yearly rent, £50, -from the fac'ory m eight weeks, : for milk supplied to it by him during that brief period. At anyrate, the prime lesson which the e_perienp.e of th* burtqn cheese factory teaches is, that all '< oth^r dairy factories, and all other lpoal industries M should be started ah I" carried prit oh Btrictly business principles, and there pole object should be to make money legitimately for. $heir shareholders. . Started and carried out! on ony other principle they are .likely nay, certain ere long to prove positive 'losses to, their prompters, and realy< :more hurifol tban helpful, to , the community which happens tq 1)0 biased, with their presence t i

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18831029.2.13

Bibliographic details

Manawatu Standard, Volume 4, Issue 279, 29 October 1883, Page 2

Word Count
364

CHEESE FACTORIES. Manawatu Standard, Volume 4, Issue 279, 29 October 1883, Page 2

CHEESE FACTORIES. Manawatu Standard, Volume 4, Issue 279, 29 October 1883, Page 2

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