The Wairarapa Daily. WEDNESDAY, MARCH 25, 1891.

Wairarapa Daily Times, Volume XI, Issue 3769, 25 March 1891, Page 2

The Wairarapa Daily. WEDNESDAY, MARCH 25, 1891.

A Fabmeb's Association ig now being promoted, which is intended to cover a wide field extending over the Wok lington Provincial district, and possibly even going beyond its limits. The capital is to be £IOO,OOO, and the objects of the Association are thus sec forth:—

jL. T5 collect, store, and export butter, eheeaei grain, fruit, and general farm produce, including £ax, pooj, and frozen meat, the prjoperty of members p£ the Association. t9 tbe markets of the United Kingdom, Great JBritaiui Ainerica, and ihe colonies. 2. To sell and dispone pfthe produce on behalf of the consignors so the Association shall think fit. 3. To obtain for members of the Association goods andarticles wanted from those markets direct from the makers and manufacturers. 4. To advance money on loan to the consignors on the iecwity of seir produce. 5. To borrow or raise money ty juefr manner as tbe Association shall think fit, and in particular, by the issue of or upon bonds, debentures, bills of exchange, promissory notes, or other obligations or securities of the Association, or by mortgage or charge of all or any part of the Association's property. 6. To make, accept, and endorse and execute promissory notes, bills of exchange and other negotiable and iner' cantile instruments for the development .of the business of the Association. 7. To invest £oddeal with the money of tbe Association hot immediately required for the business of the AssoctaMpg, upon such securities as may from time to tjme bj determined upon, 8. To acquire and hold freehold or leasehold property.and construct and maintain and alter any buildings or works necessary or convenient for tbe purpose of canying on the business of the Association. 9. To sell, mortgage, lease, improve, manage and develop, or otherwise deal with all or any part of the property of the Association. 10. To execute any other acts incidental and conducive to the aJJaianient of all or any of the objects above enumerated,

Such an association if established on business principles and conducted by able men would undoubtedly prove a success, and even result in that singular achievement amongst colonial enterprises known as "paying a dividend." On the other hand, if, it be not managed to advantage from a business point of view, it will inevitably prove a disappointment and a heartbreak to au. connected with it. We do not know the percentage of failures amongst local companies in this colony, but we fancy about nine out of ten are, to put it in a mild form, unsuccessful. It is just as well therefore to carefully couiider the prospects of any new venture, because jhough thousands of colonists have been in jbe past the victims of delusive prospectuses, very many of them are soft enough to allow themselves to again become victims. .Wenotice with some concern that amongst the promoters of the present enterprise

there are gentlemen who have made their mark as publicians, but who have yet to win their spurs as men of business. We can conceive no greater drawback for the success of a large venture of this kind than the absence from the list of its promoters of men whose names would at once be a guarantee that the enterprise would, from a financial standpoint, prove successful. For instance, in • this district we could name keen men of business who could conduct a business of this kind successfully, but we feel sure that even such picked men would find their experience and knowledge none too great to meet all the difficulties which the conduct of such a large undertaking would involve. Only first rate men of business could, in our opiuion, make such a venture profitable, and if it be relegated to second or third rate men of business the result must ba unsatisfactory. As yet no harm is dono, even though gentlemen who cannot claim a reputation as first class men of business are organising the affair. We would suggest to them that as a sine qua non they should secure a provisional directory consisting of men of high business capacity, men who command the confidence oftanKers and financiers, Tf they can do this well and good, but if they cannot let them wait till they can, The movement is a step in the right direction, butif it be taken in a wrong manner it must fail. We cannot believe that a business man has drafted the prospectus which it is proposed to adopt. A capital of .£IOO,OOO is inadequate for the business proposed to be established, and one pound shares into which the capital is to be sub-divided are more suited to a lottery or a totphsator than to a financial company. In the present form the project is extremely crude I

We regret to hear that more than one case of itch lass been detected in Master ton. This complaint is highly infectious, and it is one which, under the Public Health Act, requires to be specially reported. We believe that Dr Hosking will formally bring the fact ol its prevalence uuder the notice of the municipal authorities, bat it would be as well if the local school committee at once obtained a medical report as to whether it exists amongst the children attending the school, and if so to discover the cause of it. This is all the more desirable in a mixed school where children of |more than one race are educated, and where a daily congregation of five or six hundred pupils in one building is an element of danger.

Mr A, Walker has, we understand, resigned bis position as President of the Mastertoa-Op<»ki Jockey Club.

Effort* are about to be mode to establish a branch of the Home Missionary Society in Masterton.

Pearson's Brass Band has, we understand, been engaged to play at the Tauherenikau races on Monday next.

The Napier Cup, run yesterday resulted as follows ; —Boulanger 1, Queen of Trumps 2, Loch IS ess 3.

Typhoid feyer has made ite appearance in Woodyille, and steps are, in consequence, being taken to improve the condition of the school buildings.

A Maori Woman at Gisborne the other day, in giving evidence before the A.M. Court, and desiring to impress the Magistrate with her important tribal position, informed the Bench that she was "The ace, the highest card in the packl" The tender of Mr John Montgomery, of Masterton, has been accepted for the erection or a town hall at Gladstone, and the work will be proceeded with at once,

Inspector Lee examined the Parkvale Bohoolon Friday last, when all tho scholars, with the exception of one, passed, The initiatory steps in the dira,c tion of forming an lnstjtue of Journalists in New .Zealand are being takeu by Mi; E. A. Hagtren, of the Woodville Examiner, from whom we have to acknowledge the receipt of a circular on the subject. The following is the result of the Featherston Town Licensing Election, polled on Monday;—Wm Cuudy, George Reynolds, W, Hodder, J. G. Cox, and William Buckeridge, There were fourteen candidates. The voting on the local option question was 132 for, and 158 against an increase. The second entertainment given by Messrs Noble and Attwood in the Theatre Royal last evening drew only a moderate audience. Those, however, who did attend, were highly pleased with the scientific experiments produced, which jn themselves were worth the charge for admission. The lantern exhibition was also vppy successful. The Bush Ad vacate says that a .settler who has been eight years ui the Mahaiahara states that never has he known pigeons to be so plentiful thgro as tjiey are this year. They are said to be very numerous in the bush all around Danevirke, so sportsmen may confidently anticipate getting soma good "bags" during the coming season.

A deputation COBeiatinq of Beyeral representatives of the New Zealand Educational Institute waited upon the Minister for Education on Monday and requested'fhat certain'improvements bo made in the educational'system in vogue in the colony, Mr Grundy, a member of the deputation, suggested among other things that greater freedom be given to teachers to classify their pupils instead of requiring it to be done annually by the inspectors. The Minister promised to give the questions raised his fullest cojisj3era£ujij.

The investigation of the charges preferred against Mr Coleman Phillies, of Pry Ityyer, of having committed pertain breaches of £.he Land Act, was continued before Mr I?.M., in Wellington yesterday. Maurice Samuel. Secretary fco Mr Jacob -Joseph, was examined Zt "°«»« leagth, us wna also Mr George Moyes Bagged, 2!f celVßr of Land x Revenue for the Wellington djsfcricjt. The following teams hare been entered for the Football Tournament at Carterton, on Easter Monday: —Senior—Masterton, (red, black and gold), Red Stars, (red), Rivals, (black aud gold), and Greyjown, (red, black and blue). Junior —Whareama Jied Star, (red), Rivals (black and gold), Greyiown, (red, black and blue), Greytown Fire Brigade, (navy blue), "Wellington Pioneers, (chocolate and blue).

A. fire occurred in a four-roomed house in Hessey-street, occupied by Mr Win. Baker, about 8.45 last evening, which was fortunately checked in its mcipiency. It appears that a ten-year-old son of Mr Baker was at home by himself doing hie lessons. He happened to go into the bedroom for a book, and shortly after returning heard a crackling sound. On looking into the bedroom Tie found, the, chest of drawers and sjde .ot tfec wajl on; fire. Ha immediately gave thg alarm, and the flames wers extinguished by the neighbors, assisted by the Volunteer Fire Brigade, which was quickly on the spot. It is supposed that whilst in the bedroom the boy brought the caudle in contact with the covering of the chest of drawers, and thus started the fire. The damage done is etsmiaced at £2.

Dbesses-wb have now opened out out two first shipments of autumn and winter dress fabrics, vhich have come to us recently by the steamers Aorangi and Arawa. We may conscientiously aflmn that no flier, more varied, or well selected goods havfe ever previously passed in the 1 portals of ke Arb House..