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A meeting o£ the Industrial Association was held after the meeting of the provi-. sional directors of the Cheese and Butter' Factory last night, to consider the advisableness of winding up the Association. The Secretary, Mr Poyntz, remarked that before entering upon the question pf finance, he would like to lay before the meeting some particulars with reference to a woollen manufactory plant that had been offered to the. Association on very favorable terms. He then read a letter from a Mr Millar, of Christchurch, giving particulars of the plant, etc., from which it appeared that the amount of raw material it would put through per week would be 1,3001b5., working eight hours a day. The machinery would turn out 1,100 yards of manufactured goods per week. The man who had the entire charge of the machinery at Home was out of employment at present in Christchurch. He had worked the plant for three years at Home, and would be a valuable man for the Association to secure. The goods turned out had held the first place in Scotland for excellence of quality and finish. The Secretary went on to explain that the plant in question had cost over L 2,000 in England, and had been brought out to New Zealand by Mr Millar, with the intention of starting a factory here himself, but he had been obliged to abandon the idea owing to want of sufficient capital. He would sell the whole plant for LBOO, and would invest about L2OO in shares in the company when floated; The concern would give employment to between twnnty and thirty hands. Mr Bullock said that for his part he had always said that a woollen factory would be one of the most profitable undertakings they could engage in, but the want of funds had stood in the way of the thing being floated. If, however, the Association itself could not take up the proposal perhaps it could be entered upon privately. If the small men as well as the big ones would take up the shares, he thought such an industry could be successfully started here. Perhaps it would not be a great success at first, but if it paid working expenses for the first year it would be as much perhaps as the promoters could expect. But it would be almost impossible for the thing to be a success in the hands of the Association at present. The Chairman was of opinion that it would be wiser for the Association to confine itself to one thing, and not have too many irons in the fire at one time. He thought it would take them all their time to make the Cheese and Butter Factory a success. It was no use keeping Mr Millar waiting for a reply ; let them send a decided answer, and say—not at present. They would never be able to successfully compete with the large factories already in existence.

Mr Purnell said that the Chairman had to a certain extent anticipated what he was going to say himself. He certainly thought that it would be advisable to concentrate their efforts upon the Cheese and Butter Factory, and as soon as that was firmly established they might consider whether they would go in for the woollen factory. The plant offered to them by Mr Millar was a bargain, but it was only a portion of the plant actually required after all. The woollen factory should, if established at all, be established on a solid basis, and with a capital of L 40,000 or L 50,000, for they would, as a previous speaker had pointed out, have to compete with factories old established and in successful working. He would move that the Secretary be instructed to write declining the offer at present. Mr Poyntz‘here remarked that he hoped the members did not think he had been taking too prominent a part in this matter. It had come under his notice, and he imagined that it was only his duty to enquire into it and lay it before the

meeting. The Chairman assured Mr Poyniz that the members did not think he had exceeded his duty—and this seemed to be the general opinion. Mr Hodder seconded Mr Purnell’s resolution, which was carried. Mr Braddell here submitted to the meeting some details respecting a paper mill to manufacture paper from straw. The price of the thing would be Lls' 0. Five tons of paper could be turned out per week, and the profits would be very large. ; The chairman said that he did not think they could take up this matter for the reason that had led them to reject the woollen factory scheme. The matter then dropped; j ? ■■•■■■■ , ( I n ■ r ' ' : i: Mr Bullock remarked that perhaps the Jp' chairman thought there was too much

paper knocking about aa it was. [Laughs’®^ The question of finance was then gone crjntop The Secretary reported the liaxmtfes of the Association. Jo be LID 19s Id, and the assets, ss. Be begged to propose that the Association be wound up, E9S «M that a subscription be made amongst members to defray expenses of that gsess. The Association had boon in tehee for eighteen months, and had no practical good They e simply throwing away their time and ’°{hhd s. bi J i J ,Mr Bullock thought it would be a pity nc JfjheAssociation was to cease to exist, -would suggest that, with a view of cutting down expenses, they meet •-quarterly instead of monthly. ! Mr W. H. Zouch thought it would be a great mistake to 'wind up the Associafor it had done a great deal of goodj, " J< and was, he considered, a highly useful institution. So far as he was concerned he would be quite willing to help to defray the present liabilities by giving up half of "his account against the Association. [Ap- ‘ plause.] , r . Several members concurred with Messrs Bullock and Zouch, and at the suggestion of the former, a subscription was xhiide in-the room, and the whole of the afnount of the liabilities (including Mr „ Zouch’s donation) subscribed on the spot Mr Zouch then proposed—“ That the meetings should be held monthly as heretofore. w If they wore to hold quarterly, meetings, that would only give four meetings in,the year, and very little business, would bd done at four meetings. He .would further suggest that the, Secretary write, asking for the Borough Council ‘Chamber as a place for the meetings to be beld in future. He was sure that the request would be granted. ", Mr Poyntz then withdrew his resoluJion, and Mr Zouch’s amendment being .carried, the meeting adjourned.

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Bibliographic details

ASHBURTON INDUSTRIAL ASSOCIATION., Ashburton Guardian, Volume III, Issue 515, 22 December 1881

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ASHBURTON INDUSTRIAL ASSOCIATION. Ashburton Guardian, Volume III, Issue 515, 22 December 1881

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