The Wairarapa Daily. THURSDAY, FEBRUARY 14, 1884. THE WELLINGTON WOOLLEN COMPANY.

Wairarapa Daily Times, Volume 6, Issue 1609, 14 February 1884, Page 2

The Wairarapa Daily. THURSDAY, FEBRUARY 14, 1884. THE WELLINGTON WOOLLEN COMPANY.

The Wellington Woollen Manufacturing Company has held another interesting meeting—this time' with Sir WiLUAiiFlTZHEßßEßTintliechfiir. Tho Knight of the Hufcfc is reported by the Tiroes to. have : made the following remarks:—

t His bfolksr <iitotQra.liad thought fit to ; place him in the positipu lie occupied, which was quite out of his promcc, aud 1M been entirely unSQUght by 'liim, fo.rhe had done his work. , He'had accepted tie position becnuae_:ho thought tho company a thing good mitself, and one as euro to/niccccd as .any similar enterprise that 'had been, started in Now Zealand; • 'Ho 'fdlt that it was ini-' poasiblo for tho colony, to. take, a, leading position unloss they learnt to carry on some Simple manufactures.- It was beoatise he felt pottaid that the compaay would bo a beneficial undertaking in every respect,'that he had consented to. take the' office pf "acting chairman. He • hoped ■ tiicy 1 would excuse aim for thus trespassing oti their lime.", - i At the time AvLen. Sir William FmHERBERTmadetliia sweetiittlfi' speech ha "was aware that the leftcling business mepj d Wellington .had "withdrawn' irom the .company b.ccausb they; had no faith in.the' directory of which % was 'the chief, and that the shaves, had. fallen to zero..We mTisfcL nsViiieifrom this, that his, remarks:; mus£"i)e. taken • t<r*be uttered from' standpoint. From this'aspect lie is no d6ubt -siricere ' n . his conviction that the company Vbu| ibegood in itself to "the' Hutt district. • His, assixrapce .(that tlie company was as likely to siic&ed is. any started in New Zealand* -.wag ngt .altegfetlior a compliment; '. (fife past history of? Colonial Woolldii' Companies ig maykedwith failures,. i as 'well : .aa with successes^cHotiever, * the Company would be a ; beneficial ; undeiv taking in every- ■ reipect"'"to tho Hutt/' aridb6liehad consented to take, tlie office of Acting dhairpian,, jiotwitHstanding that he did-not possess tlie leisure, 1 • ''lctibiyleflge, . and business experience to fill the position. It was said of Lord John Russell that he would take the command, of, the Channel fleet if called upon, to do so, arid it may be said-.of Sir 1 William Fitzherbert that he has always been ready to take any position frqm .which lie could . directly ; or derive, somr personal. HenoiSp .the Provisional Directory were in power, they refused #sl# 1 itejr 'pledge, as to They. . declared. that .an should ! be'- calied li jtfi decide ; which- w the b&t - one the.. interests. -# the' Compahyi Thj) present directe-pi.'riot take a position of this Kind. No one doubts for ainomejit 'ibut that the site will be

not suppose that it will be on Sir William Pitzueubeiu's Liikl, but.it will probably bp sufficiently: near, it to raise its''market value, and thusi'repay the Speaker of the Legislative Coiinoil fpf .tlie timoand trouble lie is devoting ; to llis.Hi.itt interests of tlie company, Mr Levin described the company as being ";on the brink of a precipice.' Sir William ImHEßpiyr has.kougiit tK :^ppy;;-tcr^ this Iprecipice, 'We lcnoW-'nbt'whether'tiio 1 - broker i who.relected the directory ia His tool, or whether Sir William is the broker's tool—together they have mado a mesa of . it. •- ; G|iey sought to. control 1 [the; ..company, .but have • overreached .theinßeives by ruining iti" always thought that Sir William Fitzherbeet was a clever man, but occasionally, his, overclevemess is worso ilrnn other I people's foolishness.