THE Wairarapa Age MORNING DAILY. SATURDAY, AUGUST 28, 1909. WILL THEY DO IT?

Wairarapa Age, Volume XXXII, Issue 9579, 28 August 1909, Page 4

THE Wairarapa Age MORNING DAILY. SATURDAY, AUGUST 28, 1909. WILL THEY DO IT?

For years past it has been generally admitted that Masterton's great need was more extensive local industries. To-day the people of Masterton, who have a stake in the place, are facing a magnificent opportunity to develop their town. If they will onjy do what theyjcan very easily do they will give such an impetus to local trade in all directions that we should not hear of dull times for many a long day. We refer to the actual fact that it is possible to secure the establishment at the Waingawa of the new Meat Company's works. The people of Masterton can make absolutely sure of securing the great advantage we have mentioned if they will take up shares to a liberal extent in the Company. It has been proposed, and we understand that the Company would be agreeable to accept applications for shares, conditional up n the works being established at the Waingawa, and the shares bearing preferred interest to] the extent of six per cent. We have the best authority for stating that were shares subscribed in Masterton to the extent of £5,000 that it could be taken absolutely for granted that the works would be erected at the i Waingawa, but it should not be forgotten that the taking up of the shares would be conditional upon the Waingawa site being selected. The advantages that would follow would be simply enormous. A farmers' co-operative meat company is bound to succeed, and not only to succeed but to grow into a huge concern. An authority on the question, hailing from the South Island, recently expressed himself to us as follows: "You can hardly realise what a great increase in the trade of Masterton would result. And not only that but the establishment of works in the Wairarapa means in the end a complete revolution in existing pastoral and agricultural methods. In short tne movement spells prosperity for the whole district." The amount of money that the Company would distribute in wages would run into many thousands of pounds in the year, and, practically, tha whole of the huge sum would be circulated locslty. Masterton has in the project

previously refeired to a golden op-

portunity, and it seems to ua that . every resident should take up shares in the new company to any extent that he can reasonably afford. We should like to see a great deal more interest taKen in the movement, and general interest would be keen indeed if the potentialities lof the question were individually "gripped." As wehave endeavoured to emphasise it would be an immense benefit to Masterton if the freezing works were situated at the

Waingawa, and to make certain thereof shares should be subscribed for locally. We should like to fiee the commission agen,ts of Masterton form themselves into a committee, and free uf commission, succeed in disposing of a large number of shares within the next week. If they were to adopt the suggestion we have made their public spirited and patriotic action would be greatly appreciated by the public, while it is obvious that they would be working (although indirectly) most solidly for their own interests. In the commission agents of the town we have a body of business men who are specially able to effect sales, and on a momentous occasion like the present they could undertake a performance of which the town would be proud. Of course, the shares would only be disposed of subject to the company complying with the conditions to which we have alluded, viz , the works being erected at the Wamgawa site, and preferred in terns t on the shares at the rate of 6 per cent.