TUESDAY, AUGUST 1st, 1916. FREEZING COMPANY'S BALANCE SHEET.

Taihape Daily Times, Issue 160, 1 August 1916, Page 4

TUESDAY, AUGUST Ist, 1916. FREEZING COMPANY'S BALANCE SHEET.

in every country there is the proverbial mau "Agin the i}o'enment,"; in every camp, a traitor; »n every organisation, one who sees no good in anything, the man with either treachery in his soul or is grievously afflicted with a natural crassness, with a kink in his make-up that renders him an object of disgust and pity to his fellows, and it seems that Taihape is not altogether free from the clas s of being that will unnecessarily, and unreasonably persist in fouling his own nest. A few days ago we endeavoured to review a statement of the first year's working of Taihape's recently established freezing works, a statement that was so obviously satisfactory and creditable that he who ran could read the splendid position the affairs of the Company were in. There are, however, those w.ho from sheer perverseness or design tell us that we "boosted" the Freezing Company's balance sheet, and that what we said about the splendid position of the Company was not correct. About the last thing this journal would think of doing would be to notice the miserable blitherings of such people, but it is more than probable that the views expressed to us are being widely retailed elsewhere. The columns of this journal are at the disposal of any responsible man or woman who has anything to say about what appears in our editorial columns; in fact, there is a standing cordial invitation to everyone in this district —rich and poor, particularly the latter —to ventilate their views on any subject of public interest. We are told that the profit and loss account is not what it pretends to be, and that it is not what it was, by us, represented to be. Perhaps it is not, for we are of opinion that what the accountant of the Company has most properly thought it inadvisable to state in detail would place the Company in a very much higher position; but why cavil about the profit and los s account Take the whole document as a profit and loss account. The Company is in the fortunate position of having nothing derogatory to Wide, but on the other hand it has a good deal to advantage that it might have been tempted to indiscreetly make public. No trader will be so foolish as to publicly proclaim all the ramifications of his profit-making. The plain fact that we,

as patriots respecting our town and its

industries wish to impress is, that the Freezing Company's balance sheet need be no reading between the lines to discover its true nature; it is simple and definite, leaving no misunderstanding in the minds of friends or competitors. The large sums dealt with may prove confusing to some people not accustomed to them, but that does not alter their splendidly gratifying significance. Briefly, the Freezing Com pany has spent roundly, just over £BO, 000 in buying land, building works, equipping the works, in trading expenses and in buying stock; in addition

I it owes to suudry creditors and for [drafts against shipments nearly £21,- ' 000 —that represents the total liability. As against that there is the freehold , property on which the works are situated, buildings, plant; machinery; railway siding and other equipment costing over £52,000, in addition they have i stocks and consignments unrealised, I conservatively valued at over £51,000, ' and on six months' work a profit or I £2083 is made. ,What more is to be . said? Surely it is not to be presumed that stock in the cool storage chambers is likely to realise anything lesa than present values; consignments unrealised there can be no question sabput. The whole truth is the Freezing Company has been remarkably successful in its short preliminary season, but there are some people who will persist'in seeing "red." With fhe continuance of present methods or meat marketing the next year's wors is likely to show even better results.

Hedge plants from 4/- per 100, and shelter trees from 6/- per hundred, are advertiser] for sale by B. H. Just, of the Botanical Nurseries, Palmerston North.

The licensee of the Alexandra Hotel, Auckland, has been fined and had his license endorsed for selling drink to an intoxicated man, who had subsequently died.

A new British memorandum to the United States Government states that no restriction will be placed on neutral trade with blacklisted firms unless they are systematically used to cover trade with the enemy.

.In the United States Senate, Senator Stone opposed a motion which proposed to ask the British Government to stay the execution of Roger Casement, declaring that such action would do more harm than good. The United States Ambassadorto England, Mr Page, had reported that representations would not be received kindly by London. Finally Senator Stone- declared that the proposal would be interference and an international blunder.

A mine manager's lot is not always a happy one (says the "Inangahua Times"), He.has to accomplish many things, often, under extreme difficulties. The other evening the Willard-Johnson fight was billed to show-at Reef ton, with the result that in one mine, only a few miles from Reef ton, not one man went to the afternoon shift —they went to see the fight instead —and the result was the works were closed down until next day.

A married woman living at the east end of Waihi was missed from her home. A search party was organised, but found no trace of her. About 9 p.m. Constable Heeps discovered the woman immersed in a pond near the Old Favona mine shaft, only her head and shoulders being exposed. The constable lifted the woman out, and she was taken home for medical attention. Investigation showed that she was suffering from mental depression, and was unable to explain how she got into the pond. .She was in the water about two hours.

Few people -have any idea of the extent of the inroads of scarlet fever in Ghristchurch (says the "Press.") For the four months ending May 31 there were no fewer than 481 cases of this disease in the whole district. This includes Westland, but the great majority of the cases were in Christchurch. There was an increase of 32 in the number of cases in April this year as compared with April of 1915, and the statistics were 94 in May 1915, and 173 in May of this year, according to a statement marie by Dr Chesson, of the Health Department

There «vvas a strange double misadventure on the premises of a Hawera homo on Tuesday (says the "Star")While the lady of the house was removing things from a clothes-line she stepped on the wooden cover of the dry section of a septic tank, and, as the boarding gave way, she fell down into the tank, which was about 7ft in depth. As the lady is not tall it was fortunato that she had, in falling, clung to a sheet which happened to be in her hands, for it remained fluttering at the top of the tank, and this, with the lady's call fori help, attracted the notice of her little girl, who, unable to do anything personally, rushed out into the street, calling for assistance. The first passer-by went to the resent, not knowing exactly, what it was that was amiss, and he, too, dropped into the tank.

A' young girl about sixteen years of age is wanted to help with house wont.

A waggon and eight horses are advertised for sale by Field Bros., of Taihapc.

The Red Cross Hockey Match was postponed until next Thursday, August 3rd owing to wet Aveather.

Advice has been received that Rifleman W. T. Laurenson, of Taihape, was wounded in the neck on July 20th.

The lieutenant who was court-mar-tialled at Featherston on Monday on charges of alleged drunkenness and obscene language was acquitted.

"What grounds have you for exemption?" a market '.gardener was asked at the East Anglian tribunal. "About three acres, sir" was the reply.

The mobilisation of gln s and women in various industries for terms extending from six months to two years is under contemplation by the German Government.

An immense number :of rabbits has been railed from central Otago to the freezer this season says the "Daily Times." Rabbiters are now getting lOd. a pair on the fence.

Advice has just been received that the balance of the parcel mail ha? been recovered front th° s.s. Rangatira, which was wreckei at Capetown, and the mail will arrive la the Dominion in due course.

After several years residence in Australia, a private in the Anzacs who served in Gallipoli (where he was wounded) and in was drafted to France, where almost the first person he met was -his father, a clerk at a base depot.

Despatches from the United States announce that Miss Cleveland, the daughter of the ex-President is studying at the Pensylvania Institute for Instruction of the Blind, in order to teach battle-blinded soldiers in tne American Hospital at Neuilly.

By advertisement in another column the citizens of Utiku are asked to meet a delegate from the Taihape Branch of the Red Cross Society, in Doole's Hall, on Thursday August 3, at 3 p.m. with a view to tha r formation of a subbranch of the Society at Utiku.

Earl Grey, speaking at the Colonial Institute, said they would have more confidence in the Empire's future when they believed that statesmen representing the virile overseas Dominion, would sit in council with the Motherland's statesmen when .peace, terms were discussed .

Kesiderits in Switzerland who have been sending parcel's containing food to Germany, now find that their friends do not get the parcels; they get money instead. The packages are diverted to the official central organisations, ami tht value is sent through the post office to the persons addressed.

The ladies of the Red Cross Society Shop remind the generously inclined people of Taihape and district that they will be glad to have donations of cakes, produce, or any other article that can be sold, in aid of the Red Cross Work. Donors are reminded that the shop is open to receive and to sell every Wednesday and Saturday.

Supporters of the daylight saving l measures have not yet given up hop© for the introduction of a measure this session (says the" Post"). There will be no Bill, but the War Legislation Amendment Bill may yet serve to carry Mr Sidey's pet scheme on to the Statute Book. This hope is built mainly on the chance of Government support. On present indications, and judging from previous Ministerial utterances, the chance is not a stout one. A "Gazette" notice under the War Regulations Act" provides that no male person over the age of 18 years shall be shipped as a member of the crew of an oversea vessel unless he produces to the Superintendent of Mercantile Marin: (a) A certificate of discharge in New Zealand from an oversea vessel within the immediately preceding 12 months, or discharges for at least 12 months' service in vessels in. the coasting trade of New Zealand; or (b) a permit to leave New Zealand issued under the War Regulation of the 15th day of November, 1915, and still in force.

During the debate on the licensing question in Parliament Mr Massey remarked: If a man did not conduct his house properly he should be made to Set out of it. Mr Wilford: You will be with me in favour of State control? Mr Massey: Well, 1 have studied the question of State control, and I must say that I' don't like it. But I say t'his: We are being driven into State control, and if this sort of thin B goes on for a few years, I believe !t will be the duty of Parliament to pro-. Vide for State control. Mr Wilforft: Put it to the people in a referendum. Mr Massey: I don't like the referendum

A proclamation prohibits the importation of opium and cocaine into Great Britain.

Under orders from Dr Battocki, tho Germany after July. All supplies are consumption of milk is prohibited in Gtrmany after July. All supplies are reserved for infants and invalids.

Mr L. Ginnell, M.P. for Westmeath (who was suspended from Parliament for insulting the Premier), was fined £IOO. in default sentenced to six weeks' imprisonment.

The quantity of butter in various gazetted grading store s in the Dominion on July 31st was 26,903 boxes. The total for last year was 11,291, and the previous year 22,644.

Mr John Hopkins advance agent of the Pink Dandies, is now in Taihape, arranging for the appearance of that talented company in the Town Hall, on Wednesday, 9th August.

The New Zealand representatives of one of the biggest manufacturing firms in England have received a cable message that the firm's colonial trade would be resumed immediately. Previously the Home firm had been manufacturing munitions, and had practically suspended its shipments to New Zealand. The cable message seems to indicate that the munitions problem in England is well in hand.