The Wairarapa Daily. TUESDAY, JULY 3, 1883. MEAT EXPORT.
In contination of our remarks of yesterday on the late meeting we may add that the most recent intelligence from the Middle Island of this industry is the lonic leaving Port Chalmers with 10,000 cnrcassesj averaging GTlbs each, by 33 different shippers, of whom many are small farmers. To complete her cargo the lonic will call at Lyttelton, and there take in 2,500 additional carcases. Down South the prospects of this tradeore regarded with enthusiasm, and it is proposed to enlarge the Port Chalmers' refrigerating works. We cannot do wrong in this district by following the example of our Canterbury and Otago neighbors and pushing this industry ahead. No doubt the director of our own Provincial Company will endeavor to meet as far as possible the suggestions in the matter cf management. If the shareholders favor the bold, progressive policy of Mr Hawkins the directorate must either give effect to their wishes or give place to others, We were glad to notice that Mr Phillips' recommendation for local directorates did not meet with favor. A multiplication of cooks of this character would most assuredly spoil our mutton broth. Apparently, the real ground of objection is that this district is not adequately represented on the Board in proportion to the shares it holds, and that Wellington commercial men get- matters a little too much their own way, The inequality if it exists, is one only of a temporary character, and can easily be adjusted at the next annual meeting of shareholders, The Company, to protect the interests of shareholders, must provide regular and punctual vessels, and secure full cargoes of good meat. If the existing Board of Directors U unequal to their task it will bo undoubtedly necessary to reconstitute it, Wo have faith in the Wairarapa representatives—Messrs Buchanan, Beetiiam, and Booth, If, in the matter of buying cargo, they displayed a little caution we feel sure that should the shareholders call upon them to launch out tliey will respond readily to the demand. The present effort to increase the share list will strengthen the hands of the directors, and even if it proves insufficient to place them in a position to carry on the meat export to the best possible advantage they can go a step further and borrow as much of the sinews of war as may be deemed necessary. We hope too that a suggestion we made a week ago for the employment of a capable canvasser for Wellington city will be adopted. It is easy enough to find a competent man for such work; who, if paid a satisfactory remuneration, would in a very short time place every unallotted share of the company, We are disposed to believe that tho directors should place themselves in a position to buy cargo, With an opposition company in the field purchasing for cash they are too much handicapped unless they follow suit. Of course purchasing cargo involves a greater risk of loss to shareholders, but it also gives them a better chance of substantial profits, and if they are willing to take the venture the directors ought not to hesitate a moment.
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Wairarapa Daily Times, Volume 5, Issue 1420, 3 July 1883, Page 2
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531The Wairarapa Daily. TUESDAY, JULY 3, 1883. MEAT EXPORT. Wairarapa Daily Times, Volume 5, Issue 1420, 3 July 1883, Page 2
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