The Temuka Leader. SATURDAY, DECEMBER 30, 1882. DAIRY FACTORIES.

Temuka Leader, Issue 1049, 30 May 1882, Page 2

The Temuka Leader. SATURDAY, DECEMBER 30, 1882. DAIRY FACTORIES.

The Butter and Cheese Factory question has now been before the public lor . a considerable time, and has been discussed from every imaginable point of ' view. It met with much opposition in ; the beginning, and had many difficulties ; to contend with, but still there was a sufficient number of enterprising m n in the district to take up enough shares to warrant the company being floated. But though the Company was floated it had not sufficient capital to start just then. Besides, it was too late in the year, and it was decided to wait until next season. The Company will by that time, have sufficient money to start free of debt, and it will be in an excellent position to carry on business. At Mr Bowrou’s Icture last Wednesday evening, Mr James Guild said that there was only one thing to prevent the factory from starting, and that was the destruction of the world by the comet next year. Moreover, as tenders are invited for the erection of the building, nobody can doubt that it will be started, and we have no doubt whatsoever as regards its success. But, as Mr Guild said, there are various degrees of success. If the Factory Company has to borrow money it will have to pay interest for it, and some of its profits will thus go into the coffers of the bank. The way to avert this is to give the directors sufficient capital Lo carry on the work. We think we are right in saying that by next season they will have sufficient to cany on the IVrauka Factory without borrowing any money, but that is not enough, There are many parts of this district altogether too remote from the Temuka Factory, and milk could not very well be brought in from these places. The best plan, therefore, is to start branches in the outlying districts, say one somewhere on the Geraldine Flat and one on the Waitohi Flat. Small branches could he built in these places for very little money, they could he managed by one man at each place, and they would just answer the same purpose in these neighborhoods as the larger factory at Tomuka. The peofj/e of Ashburton whose factory at ; Flemiugton has been only about two months in existence have arrived at this conclusion, and from all parts of the country requests are pouring in on the directors asking them to establish branches in the outlying districts. If the people in the districts to which we have referred will only consult their own interests they wilt adopt a similar course, but they must take immediate steps so that their branches will be at once erected, and be ready to start by the beginning of next October, simultaneously with the Tomuka Factory. Before they scud a request to the Temuka Factory Company, however, there is one thing necessary Before the ■ Company can extend its ramifications it must got more money. Mr James Guild, the other night said, that there were 200 or 800 shares yet to be sold, and these must be disposed of before the Company can erect h ranchos in the outlying districts. The first thing the outlying distn'ets therefore should do, is to take up these shares ; they will then have a claim on the Tcmulca Company, and we feel ctrradent that the directors will ho only too glad to do anything they can to meet the requirements of the districts. The impression that only 3d per gallon could be given for milk, which gained a hold on the people’s mind in the beginning, ought to be removed by this time. The j Edendale factory is giving 5d per gallon, and the Ashburton factory 4d for milk, and it is not at all improbable that more could be given for it too. Mr Bowrou in Ids lecture said that every gallon of milk would yield lib of cheese at least, and that it would one half-penny to convert a gallon of j milk into lib of cheese. He said more j than this, lie said that pigs kept in ! connection with the factory would more I than half pay the expense of making' ; the cheese, so that in fact every gallon : of milk sent to the lactoi'y may be reckoned as alb of cheese. The value : of the cheese, therefore, is the value of the milk, and if farmers arc shareholders . in the Company they in fact get their milk converted into cheese for nothing for them, and get the cheese [nice for it. 'Jilin is a point which farmers , should not lose sight of. Supposing ; cheese is Gd per lb. the lowest it can be, : the farmer who is a shareholder in the | Company will receive nearly Gd per gallon for his milk in this way. Lie will at first get say 4d per gallon for if, j ami then when the returns come in v I

the end of the year, and a dividend is declared, he will get very nearly the 2d per gallon more on his shares. It may be said that there will be persons selling milk to the factory who will not be shareholders, and that they cannot get the full profit, as the dividend cannot reach them. To this we answer, serve them right : they do not deserve it, because they had not the enterprise to take up a lew shares when they were in the market. We have no sympathy with such people, and they are not deserving of any. Nobody should take them into consideration. And now we refer our readers to the report of Mr Bowron’s lecture published elsewhere. He has had 44 years’ experience in dairy farming, he knows the London market, he has travelled every country where cheese and bacon are made, and he says that there is not on the face of the earth the superior of Temuka for cheese and bacon making. In fact he said that he saw around him wherever he turned pyramids cf gold if the people only had the enterprise to go about developing it. He also said that the cow was the best means of develop! ig it, and that at 2d per gallon a cow would yield £ls a year. He ought to know it ; he is a thoroughly practical intelligent man, and if the farmers are not convinced by his lecture we must say that they will stand greatly in thair own light. We believe they will. The farmers of this district have already done great work. During the past year they have laid the foundation stone of two great industries. Twelve months ago people laughed at the attempts that had been made to start industries in Temuka. When the act'on in re the Kakahu Coal Company was brought against Mr Hayhurst, the Tiraaru Herald sneered at the people of Temuka on account ot the way everything had failed. Recently it has been complimenting them, in fact Temuka is getting its name up, and becoming the envy of other places. The result of last year’s work will not be felt until the Hushed and cheese factories are properly at work, and when that day comes the pyramids of gold which Mr Bowrou saw around will be developed. There is not the slightest danger of either industries not starting. Sufficient money has been subscribed towards the Linseed Company, and all doubts as to the Cheese Factory are removed by tenders having been called for erecting the building. What is wanted, as wc have pointed out, is the balance of the unsold shares to be taken up, so that the Company can erect branches where they are required, Wo trust the farmers in the districts to which we have referred will take immediate steps in this matter, and by next October there will not only bo one factoiy, but three factories in the district. NEW YEAR. Before our next issue wc shall iiave commenced the year 1883. We therefore take this opportunity of wishing our readers ‘A Happy New Year,’ The year 1883 is ushered in under very favourable auspices, and if it dees not prove the most prosperous of any for a long time, we shall bo greatly disappointed. First ot all we shall have the most bountiful harvest that has ever been witnessed, unless bud weather interferes with it. One million sterling is to bo raised by Government, and when that sum is placed in the banks it will make money more plentiful and easier to be obtained. From a colonial point of view, therefore, the prospect is good t but from a local point ot new it is much better. There isa suraof £IOO,OOO to be raised by the Timaru Harbor j Board, and there is a loan to be raised by the County Council to irrigate the plains, and when all. the money is put into circulation in the district there can be no doubt but that it will have the efleet of stimulating the people to greater enterprise. There arc many other things to which wc might refer. I including the cheese and linseed indus- | tries, which add to the prospects ol increased prosperity, la fact, wc think that the earning year holds out- better prospects than any year for a long time, and that wc shall have a season of great prosperity. Let us nope that wc shall not be disappointed, but that it will turn out even beyond our anticipations. Let us also think, that though wc have done great work last year there is something to he done yet, Ihe Paper Mill is yet to be started, and it would be worth all the others ii the people would take U up. VV e snail have more In say on tins subject before long, and in the meantime we shall content ourselves with wishing our readers a “ Happy New Year.