WEDNESDAY, OCTOBER, 12, 1881. WOOLLEN FACTORIES.

Manawatu Times, Volume V, Issue 164, 12 October 1881, Page 2

WEDNESDAY, OCTOBER, 12, 1881. WOOLLEN FACTORIES.

Much has been said, and written lately upon the important, question of the formatiou of Wollen Pactories m the Colony, and upon other industries calculated to tend the development of the resources of the Colony, and this should be the chief aim of all who desire to see T the country prosperous. "We all know that New Zealand has hitherto leaned too heavily upon the insecure staff of borrowed rooney capital, and we have been quite content m seeing borrowtd money accomplish that, which should' have 'be&n, to a very great extent, accomplished by our own energy. The colony has, only purchased an ephemeral prosperity with borrowed money, when it ought, by the energies .of our. own people have created; prosperity of a permanent nature. It . is veiy true, that the opening up of the country is essential to its progress, and! the establishment of industries can orly be obtained by the same. /TKe'want of a sufficient population,* " and! of speedy, and constant means of communication "with other parts of the colonies, are, of course adrdg upoithe wheels of progress ; but the; in-.j troducti on of. population- should be followed up by a provision for theiV, settlement on, and, retention- of, fbl^ip ! lands of the colony, a policy which: not carried into effect during the; golden era of, the colony. Finding, however, that the profitable expenditure of borrowed millions, has been a failure, thattlje. fabric we have raised threatens , to fail to the. ground, we have now ip bestir ourselves to the task of propping it up, by those means whiah should have" been brought into acquisition before, to render the colony secure. We must turn our attention to the development of our "resources, and; to the establiskmettt of permanent industries. It may bo asked ? what can we do rwhieh' iway>are we to go ? Well, there are many industries to which attention might be profitably directed, and which would not only benefit those faking interest m them, but would be an unmistakeable benefit to the wkole community, and the colouy at large. Take for instance a wollen factory: there are abundant evidences - to prove that such would be highly remunerative. In the South Island, several woollen factories are m process of establishmtnt while not % few have been m successful operation for years, and there is no reason whatever, why suok a country as the Mauawatuand ftangitikei^ wi#i all fr ftd.aptabU.iti9?

should not follow m the wake of our brethren of the South ; for if it c^n | be accomplished with comparative] ease there, lurely it could be don# ! here. "We need only a^the large measure of support^and; success that has attended the factories; eluewhere, to give us encourage:ment to start upon the Venture; •It is very well known that those, companies already established m the Bouthjwejanable at times tp supply i6Ke^lem r and ~f or "' tweeds," blankets, flannels, Ac, and that their manuiactures.are. dai lyrgrowing-in f avor. • The fame of the^Mosgiel tweeds has reacheH" every ' r part of the Australasian^Coipmes; while the flannels and blankets of Kaiapoi are selected m preference to the .^me-made arHiclei ' Surely' the people of this district r will r not , lag A behind or ' stand still wah't hi enterprise, whil« other communities with not nearly, the v amount 'of natural advantagep,| arejpushing. onwardj? ;^To,make the i; prosperous we. must be"up~ j and doing* r We ha?renhere T lall tha|; is^ • ; nece^sacyi j. « ,; « »the profitable ing working, of auch an industry ; i ,apd.. surely, su^lcient' enterprise 'ah'd 1 appreciation pf theipermanerit bene 1 - 1 rfits which would reault will be found > in'-the people -of iihis distritti | We iisincerely hope' to hear befdre; long tha^pfiepf fse jbeing taken iri this' "mos^mportantLmatter JLtis. simply \ ridiculous that we.should expontifiiji;} wool mßngland, ; -ip^ily to import it agaiSJtn its manufactured sta te* At Oamaru ".'■' i company as about to be started with * capital of £20,000 ; in. -shares) and to maTk the eager-;; ness o*ispiay«a byShefpieople ki^i^at' district in,bringing the matter to u a'ii immediate' issue, ; we may state jtbat m two months ten thousand shares had been -applied for, and still nu- ! merous applications were flowittgin from all sideju The promoters^ en^ couraged by this support have decided to. send,.Hqme delay for "the "necessary" plant, have jpurchased a site, ; ana are now aboiit to get the factory erected, iv ord^r to enable them~t6~make an immediate : start upon' >the- ar?cival of '■■ the!mai chiuery, ,;.... :.-,'i •.-■■: !