The Wairarapa Daily. TUESDAY OCTOBER 23, 1883. THE PROPOSED WOOLLEN MANUFACTORY.
We understand that it is the intention of the Provisional Directors of the Wellington Woollen Manufacturing Company to hold a meeting dunns; the currency of the present month to consider the expediency of at once commencing operations, Wo trust that when the applications for shares are counted up, they will be found to exeeed the number necessary for starting the Company, and that among them will be found the signatures of many Wairarapa residents. It has possibly been an oversight that the Provisional Directory when constituted did not contain tlio names of one or two country settlers, A woollen
| enterprise is certainly one in which town and country should combine, and however influential, as in the present a directorate maybe, it is wanting in a very desirable element when there is no direct representation in it of the pastoral interests, It is estimated that a manufactory established at Wellington could produce woollen goods to the extent of £250,000 per annum, Such an establishment would give a home market for at least one half of the wool now grown in the Wairarapa, and be profitable to every woolgrower in this district. If the claims of the enterprise were fairly put before town and country,- we feel sure that tliero would be little difficulty in placing the 20,000' 'shares which form the nominal capital of the proposed Company, Money is a little scarce now, both in Wellington and in the Wairarapa, and if up to the present timo as many applications have not been received as might have been anticipated no one would be very much surprised. A little energy on the part of the provisional directory will no doubt secure the success of the undertaking. With the examples set by ICaipoi and Mosgiel there is every reason to believe that a woollen company in Wellington can be made a financial success. It is somewhat a disgrace to us in the North Island that we should allow Middle Island enterprise to monopolize the woollen trade of the colony, and it is quite tinte that the Empire City shewed it little more vitality in industrial pursuits, We are not particularly solicitous for the establishment of manufactories in this district. Here every man can if he chooses find profitable outdoor employment, which is better for him and better for the colony than indoor pursuits. In Wellington the case is somewhat different. There a large number of people are walled in by ranges who must find remunerative employment within the limited area in which they are located. The surplus labor of the Wairarapa may well be spread over farms and stations, but the surplus labor of Wellington would find a more convenient outlet in a woollen manufactory.
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Wairarapa Daily Times, Volume 5, Issue 1516, 23 October 1883, Page 2
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463The Wairarapa Daily. TUESDAY OCTOBER 23, 1883. THE PROPOSED WOOLLEN MANUFACTORY. Wairarapa Daily Times, Volume 5, Issue 1516, 23 October 1883, Page 2
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