THE BROGDEN'S FAILURE.

Manawatu Standard, Volume iv, Issue 68, 19 February 1884, Page 2

THE BROGDEN'S FAILURE.

The Standard's money article, referto Messrs Brogden's .failure., says : — " Scarcely, any notice has ;been taken m the city of Messrs Brogden's failure. ':Their -position has been known for so long a time that few are interested Ijere m their suspension. Bills of John Brog-' den a/id Spns were returned so long ago us 1878, and before 'that even the partners were known to bo struggling against the adversities that had; overtaken their many enterprises. At last they "have decided to fail openly, aud liefuro the old .Bankruptcy; A,cJ;/ttxpired. From what can be gathered, they haye large, commitments ia New Zealand and. Holland, as well as in* this countryi r ■Their i>roj«cts were extensive, and m 'advance 'of the time iiv^bnie'r^p*ccls ; but excepting this far-reaching and speculative energy^' and indulgence m broad schemes of u industrial development m ya^dus"" parts of the world, seems /nothing' to ie said against the firm. 'The old firm of John Bj'ogdeii and ; »Sons l^as carried out some notable enterprises m its day,including the construction of a railway* across Morecame Bay, fromTlornforth to Ulverstpne. That work opened up the Furness Hematile Mineral District, and reclaimed more than a thousand acres of land from "the sea. " v ' ' ;