Te Aroha AND Ohinemuri News AND UPPER THAMES ADVOCATE.

Te Aroha News, Volume VII, Issue 378, 19 June 1889, Page 2

Te Aroha AND Ohinemuri News AND UPPER THAMES ADVOCATE.

j WEDNESDAY, JUN X

I^ifBsg , ; CASH vSCRjEDIT. £

• This above all — to thine own self bo true, And ifc must follmV.aa the nighb the day Thou cansfc.^ot, then be falae fco any man.'I \ : Shakespeark.

TJnp reckless, credit system 'which during .the past few' yf»afs'^revpileil;,ar)iQi»gst.iill -classes- "of - traders -In." (i tlfis '' Colony, has been greatly ,cu\M a iled ;K q£ late/ bu^/not before it J»*»rJ* effwted the ruiii of m,any \yell-kuo\vn> whojcsal.2 houses, ami le tailors.'byThe,scoro. It is satisfactory to know ike system lias letn severely checked,., but much more/yet remain's 10 be done" We.. are .^lad the various Chambeiao^Qmyiivictco have^o^late hee"n giving, {lie subject th'eir/Jattention, &nd no doubt" mxicn good will, resu i^froin {heir delibeini'i' n*3 and recotnmendations. The great want hitherto has been united action amongst the tradespeople them selws, wit li respcH-'-Jto _duj> very jmpqr.tant question.. . High.., prices .and slow returns may still be; the 1 piineiule upon which some fc-w -Million tin uo to carry on> their 1 usiness, hut that will not alter in" anywise the Fact that the long ciedit system is pernicious in the extreme, and tends to demorali-e both the creditor and the .ie.bio'r. 1 "That ciedit is necessary*in commercial trading "will be readily conceded, hut it shouhl be,* kept within reasonable bounds. Unlimited credit is ,'very unfair to the solvent and honest tradesman, and really iiaa fno redeeming 'feature whatso.-v-r. • The retail tjader, •who by close appljcatioJi.to business and thrift, meets his* bills as they i'all'due, is done a^ieaLwron'sfwhen the w.hnlosale.merchant backs a rwkle-ss trader ai^ainst him. In those day soi fi< roe competition in eveiy kind ot'bu?mef>sand walk in life, the motto qf all should be not ' hiyh piu-os and slow returns,' but ' small profils 'and quick rolnrus.' Bcyon ' a doubt a Uind of enmity <^rows up between the debtor and creditor, sundeied by a lun<* standing accoui.t. Loni^usaj^e has, however, begotten ahiibit that cannot be n»adily overcome ; but overcome we t?ust it will be soon. CJ.»sh paymon'ta and monthly accounts are gift iq.dly l>ut stea 'ilj'-^aininggiound, and when once thoroughly f-stal-lished as tlie rule, very much less will he heard of bankruptcies and straightened means, The inducements, now cjffoivd to cash -buyers are much greater than they Formerly were, but are yet a lohg way I'ieliihd what tln-y ou^lH be ; and tindetmcn should see, to jt,th^t the cash purchaser -receives at their hnnds>much greater con cessions than thry do at j»rt'sent It is, only common justice that those able and willing to pay' cash should he afforded an opportunity of laying out their money-without-.being called upon to pay for losses made 'h'y bad debts. The latter distinctly devolves upon those who' want and leceive credit. The cash customer by right has nothing whatever to do witlj the never pay-at— all purchaser. Cash 1 •customers have a ri^ho toinßiSt .that thov jrcceive special consideration in the foml -iOta leally substantial discount. JBy thd adoption of su> I) a course both buyer and selh-r aie hencfitted. ' Under the old and peinicous system of long and reckless giving of credit, the honest are <oo often taxed for the benefit of those who never niean to pay at all, if they can avoid doing so. Long crq tit is a direct incentive to cxtiavaganee. amongst the wage earning classes, and -also wi*i hs unduly on the^conimunity at large, by necessitating inct eased prices in ordeiUo (over the risk involved ; for the fact is patent to every thinking peison that where' the long ciedit system pi ev ails, the tradesman must of necessity obtain fiom sound customers profit sufficient to' cover the losses sustained by tlefatilteis. It is a fact that cannot be gainsaid that there , are -those; who, if they get a chapce of so | doipg will incur nil sons of needless ex|;ehse,' indulge in vaiious kinds of superfluities' and lecklessly' run up lon^ accounts i|i e\eiy duociion pos^ble, and then when pressed f. r paymiMU pie their schedule (as the easiest way out, of , the difficulty )j showing debts to a very large, amount, assets -perhaps nil. A system | like this* cannot he oi'jieiwise than ' un r j satisfactory uv'tn in j'nosperous times. | We ho.pe busine&s .men will recognise LuJore-a.ni.morq how ajuch i| is to their advantage to encourage ocash trade, andthe necetsity .of often rtgnuuch:/ greater, inducements thnn exist a^' present to the cash purchaser. The benefit gainedjto tiie traded himself by the quick 'turn* over would be simply "enormous,- whilst the househ'oldf rs income would 'go much further, and everybody i»e better 6if. /

There was quite A sharp frost on Monday night. The ground being white yesteiday morning, and ice as thick as a penny piece on standing wutor.

The Thames Adveitiser states tliatat a j\ieetjng of the 'Burgess Testimonial Committee held on Saturday evening,! it was decided not to go on with the presentation, in consequence of Mr Burgess not being übout to leave the di'trict ■• \ , DnrinV the month pf May, gold, as follows, was* piit chased, by tlio Bank of New Z.-nltufd, Thames t— Thames Onnuljv IoBsozs 13dw(s; Ohinemini County, IB6ozs 5 Pinko Count v, 98oxa, 14<lwtR ; "Tiinines B^foujrh, 12860z8 llchwrtaj total 2656bzs 18,u>ts, ■ -, . ■-^ Application has been made to the Wardens Court,, Thames, go, behalf of Thos. Mejyillp, Tnritjie right to, con'sfnjct'a»\vater J a.ce.akW.aj[hj, comtrienoing ata point about half a mile south west-of tlie '"WaifnVfe"' *oreek on a br,n nek creek of the Ohinemnri jjver, at a point nenV the bridge crossing the •creek "on ■ Vie * main v roail, ancL <eiminating at the dam of the MarMia G. M. Co! * •Ohint'iniyi County Council invite tendprß for repairing Of 'the Tui Creek track, nnd for fascinintr portions of the -Junctipnr MiWu-pad. Specifications may be sden at the Cortnty offices, Paerna, on nnd after toi morrow, and ilie wjrk will be -liovvu on the priound on Friday next, com mehhing o'rv,the Mill road, /near Mr N. Dickey's, at 9 p.m. /% ; \Mr Jan. McVeagJrh'as taken offices in *W.hilaVei-«:tiver, anff commenced practice cs'a solicitor at T_e Aroha. V"Mr 4 Mc-Vcii°h comes to Te A iroff a^m Cambuidge,' where he h|§ luid' f severalyehrs practical exneri£'.co%>s infrtiHging ch-vk for Mr t Dyer, -f-'olicitor), and bi : itigs with him letters of 'high commendation fijoTn who^bnve kribwn him for of years past. •"' Atiiongst the-passsengers who -arrived at Te Aroha* by vest-rdaV's trai,i was *tho Rev T-. A. Nonio, who; abput^aeven j'ears »co conducted fortnightly services in % this district/. Mr tfonieV frietids will ' be 'glad to hear of his return here*,' |fter v a.Rtfty of a, few yours in the' l South Island. Mr> T onic hopes to reestablish regular Presbyterian services 'at. Te "Aiohaj W liorongomai, Paeroa, and Katikati ; and purposes preacliing at Te Aroha and W.wron.cojnfii on Sunday aiext..*' -JUiie -not'c'e""of \he place and liour of worwh'ip, will appear iii Suturdn'y's News. • tn onr issue of Saturday 'the Bth, we referred' to the approaching visit of Mr R. A. McArthur, travelling agent for the 'Rackarock' explosive, ro well and favou> ahly ,known in mining ciicie^in Atneiita and Au'tialiii. - Mr Ik'cArUiHr arrived at Te Aftiha on Tuesday of last .week, and ■^ince then bus visited all the principal mines at To Arolia and Waiorongomai. At both pl.icos a sMjie^ of tiials were can ied out, to deinon^trato the many advantages in favour of lliis I. Kiting compound, and so far we the tests have jesnlted very strongly in "its favour, Mr McArthur has bookei orders from the Manager of the Champion Mines, the Waioiongomni G. and S. M' Co., etc., and purpose 1 :! proceeding to TCarangahake today, tbonee to Wnihi and Thames, in the interests of the fiim he' reprpsents. The 'fact of to experienced a m<in as Mr Ho well, the Te Aroha S. and G. M. Go's Supeiin-tt-ndent, ordering 400!bs to start with, augurs well for the successful introduction of R.ickarock in Una Jistrict. The rublic Works Statement this year i'm likely to l>e uuprecoch-nfedly biiof and simple, as voiy little in the way of new woiks will be proposed, while the records of the year's doinas in the departme.nt will not TK-cd to be lengthy, and the Working Railways will be dealt with separately by (he Commissioner. 0 . It is now generally understood that the Go\ernment have decided not to introduce this st snot! any Bill toVmcnd the Education Act. It is stated that public opinion on this question is so much divided that no certainty exists as to the changes which \vould find > favoijr\with a majority, and that the first step .in the direction of ;a change would bring down a heap of other pioposed amendment?, and that consequently a Bill \vpyld, be neaily alwaj's in commit tee, and engross the greater par t''bf the time" available for. session work. The cost of the 1777 miles of Government mil ways open up to tho 31st March has been asceitained to have been; £13,472,837. The total sum expended on' railwuv conduction up to the close of the financial year, including all the unfinished lines, has been £14,875,187, Yet anothei iumour is current as to flax, viz., that a Manawatu settlei has gone on' a .visit to the North of Ireland to inspect and buy a new machine, which, if up ttvo v report, will totally ievolutionipe the flax industry. This machine turns out white* 'fine fibre in two houSs from the green leaves — all the pre-pent bleaching and^dr'ying process aie done awaj'i with. If applicable to New Zealand it would mean that all the long; laborious, costly process , of spreading on, the fields, and gathering; and cartirg to the mill would be swept away. r ,At thY meeting of tlie Board of Educa* tiori, Auckland, on Friday last, in reference" to the protest against the, election of Hie Mercer school committee, a iist of nil who voted was forwarded by the committee. Among the list was a father and son Iwing in the same house, and who had both voted. The Chairman said they could not both be householders. One man was a lodger at a hotel, and there were various other boarders and lodc<eis. - There w.ere also two" men living as servants with other people. All these' had Voted, and as the Chairman pointed out, they had no claim to do so. Mr Monk asked if they stiuck out all the invalid names whether it would affect the result. The Chairman repliqd he could not tell, the -voting being by ballot. It was decided to declaie the election invalid. The Chairman pointed out that the gentlemen elected, twice seemed to be most in favour with the comnmnit}'. On his motion, these gentlemen were appointed "commispioneis" for the jear, viz., Messrs Scott Hunter, Thomas Nelson, Hem y' Jeffries,, Geoige Elliott, and George McAnnelly. Many of theflaxmills started with very little capital are poor clumsy affairs, but the modern ones aie great improvement^. I Some milJs only possess one stripper each, and the consequent cost. of milling mitbt be very heavy. A new mill about to be finished ip Wajrar}ip>i, however, will wqik four-^stiippers and two scjutcheis fcfynultimeo/^ly. One of the two new "big mill? of the'U'ungitikei Fib'ro Company will have aix shippers and three scutchers, und the , other four st.nppi.rs nnd two scutchers, t'l iQ expenses of u big^niil • are far less, and one manager can overlook six strippers as well as one,, one engineer will do for nix .is for one, and nil other, expenses noaily, excent carting|\&c, aie piuportipnatefy gieutely lessened.

It is now stat°d tint no amendment of the Land Act wilTbo proposed by, -the Government this year unless any unforeseen point Rhgnkr arise rendering 1 tin's, absolutely npcessary. Several amondihetita are n'dmittedly desirable, bat the present iftcti-4 considered to be working very well on the whole, and might he rendered less workable "and useful if once the process of tinkoi ing were commenced. ? „ A special meeting of the Thames Harbour Board, wn§ hold on Thursday last, for the purpose of placing before Mr Fraser, rnpm bor for the district, varioqs patters re- . attention dnpng. ,th.c coining session. - r J'he present <\vere-4. -Messrs— Carpenter (Chaiiraan), Wood, Craw ford, and Wilson/ Considerable conversation, tbpkjplacfe) apd it wasrehplved. to request Mr Fraser to attend to the follow-irtgnnnttera*:—(l*)-To have certain clauses re long leases of the foreshore I . inserted in the Bill to be introduced into Parliament during the forthcoming session, to restore the, Board, to its original position,; (2) to bate the_por£re-apeoed as.,aportof entry ; (3) that the. , boundary c«f .the Board be fixed where the' J Hitfntaia creek joins the Thnmes river, in a line to ,the telegraph toners' in the PUiko riyer ; (4) when the Bijl is passed, to .endeavour to get Government to advance £8,000 at the lowest possible intere t so as to enable the Boarcjto.repay otV the Ist oil Vjahuaiy n^xt themoney borrowed from the local Fiiendly Societies ; (5.) to urge up,on-,Goyernnient to giant an endowment to tlie Boaul ; (6) to h'avo a clause ipserted in the Act'sp" a t 9 to'euable the Board to collect all r.itesduV and charged heretofore, but which from its position the Board has? been' unable to! collect, hftving no legal -status, borrqw money of a. neighbour, n(jr a friend, 'bqt of a stranger,- where paying for it, you shall" hear no more of it.