The Evening Mail. THURSDAY, SEPTEMBER 26, 1878.

Oamaru Mail, Volume III, Issue 767, 26 September 1878, Page 2

The Evening Mail. THURSDAY, SEPTEMBER 26, 1878.

3 EOPLE will not be much surprised to find ,hat Oamaru lias resolved to launch mot ii-r industry, especially when the iit'u:e of that indusfiy is taken into cmiideration. That the period has arrived \ir the establishment of a Woollen rac•,,vy in Oani-iru admits of no room for Tiiesiiuii. What are the circumstances that would warrant the adoption of such a course i—Facilities for buying the r» w material, and a market for the goods manufactured, Oamaru can command these. She is situated in the centre of a large oastoral district, and the raw material is at her verv doors. This circumstance secures facilities for purchasing advantageously food for the milto. and tlie ability to b< 11 at such prices aa to always command a market. Another important [joint, is worthy of notice. The promoters of the Oama.ru Woollen Factory will possess the advantages derivable from the late improvements in the machinery that they will require. The way has been paved for its operations in this respect. Others may have had to contend with the difficulti'-B and l"Sses consequent upon the inefficiency aild fxpensiwness of t'.e appliances tiny were compelled to use; but Oaniaru will be able to profit by buCi unfortunate experience. jSever vvas machinery so c'leap as at the present time, and, of course, ntVer was it so well adapt, a for the purp< S's for which it 5* required. Tlie improvements lately effected in ippbances for the manufacture of woollen i/oofls are of a uiost importa.ii' nature, aiid si cure greater speed without deterioration in quality. There will be lio difficulty in procuring a site for tlie buildings of tlie proposed company, as a larui number possessing every necessary »d----cautage have already been suggested to'the proiecora. Another important feature in connection, with the schema is the facilities which ttster power will afford. Sfot only 1V..U1.1 tlie utilisation of water-power be in ewrvr-spect henen. i.al t<»the JAictoey. Jv would assist th« great water scheiu.- « mo ;■. we have every reason to believe, va. add it!.-lii to conferring numerous other benefits act au tlie p-«Vent to numerous local indiistr'es. In vact. everybody in this community would i xperience direct and im mediate ad van t aires through the • •stal bshmetit of ft VVo.itflen Factory in Oamaru. Supposiri" tha' ,o"i' 100 operatives and their families were brought into our midst, ;vouicl ti at not be a matter for satisfac'i'.B to all haainost: men ? and, if employment c< aid be fouml for that portion ■ f our yoiith f r,l population availahl. fi;r siicii pii>p'.a.'.s. « oiild 'hat not be pro- • 111cf ivt i»r -jrvt-xi s-tj jiit? it'll l ,dvan':'U I It is the duty of every man >ll this district who has a pound to spar. "I assist this proj-ct by securing an lni c .fc.-.r. in if. The U!«>t!< y will nor be speir j in vain ; i'C wii; o,,iv i;e UivcStpi a.jvail- , r (l f _ f eoua y. l r sliou'd bo r- U}<:inlpred tha' the first exp' ii-"e for niMGhn'ory over, everv other o-itlay will amount to a mere transference of capital, wiiici wdl be lerainccl in this district. In addition to tin I numerous ;,lher reasons why the scheui. should secure tiie hearty cu-optsfiMtUU oi everyone in this d'strict, there is one ot ponsi'lerable importance : the Mosgiel Wo'dlen Factory lias more work than i' can wfil ~et through. Viewed from every tiie eiitat/hshtif «;t o; a Factory it) Gamaru must be productive o ■..Teat good to all concerned, and we wer , i therefore, not surprised when we heard tliiif Sir. tiie pi'iino ni"ivr i t ! tlio jii&rfer, ivirhm the spac'-i <»f a X'tiw hour® rlispf»ae«l 3000 T' is »pose*l make the uapical C-fiO 000 (r» jth pow, r to increas • the MiDO'iii ) iii one pound shares, and to call up 125.. the payment of which amount is to extend over a. ;;enod of two I yeara ; Hie deposit on application Imiiv Is. pet- uhiti'-e. and the allotment call Is. Tlie r.rovisiotj,',; (I i JVC lory is one of tie most 'inflr-! ntial iliac hir-'e niet wnh. and com!-!S"« the namei of a number ol sound, p-aciica! business men, whosi syni]i iv'".' with the movement is of itseli a snili"' :it cfiiarantee of success.