THE FLAX INDUSTRY.
Mr H. P. Barber, who has just refurned from the Slates, says the secret of the rise in the price of flax was a 'corner' in sisal theman, grown in Mexico. The largest of the cordage companies there formed themselves into a trust, and ' cornered ' those who make binder twine. The latter combined and burst up ail the sisal available for the year, and then put up the price to about double the usual rate.
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Te Aroha News, Volume VI, Issue 364, 1 May 1889, Page 2
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78THE FLAX INDUSTRY. Te Aroha News, Volume VI, Issue 364, 1 May 1889, Page 2
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