REDUCTION OF FREIGHTS.
(PEESS ASSOCIATION TELKGRAM.) WOODVILLE, August 31. Mr Buchanan, addressing a representative meeting at the Woodville Farmers' Club ou the freight question, proceeded to show that the feature of the age was the cheap transit of commodities, and that New Zealand must secure this or euccumb in the race of competition. The London buyer had money, and we could not force him to increase his price, but the cheaper freights we could secure were equivalent to an increase in price. He compared the freight* paid from Australia to those paid by New Zealand, showing that the latter were at a disadvantage. The Freight Reduction Committee bad 700 guarantors, two-thirds of whom owned under fifty bales each. Only one fifth of the number owned over 100 bales. There were in the colony 17,000 individual sheep-owners, who, with their families, "represent 85,000 souls, every one of whom would be directly benefited. The reduction secured on wool alone represented over £100,000. He hoped the settlers would appoint a permanent Committee to watch their interests.
CABLE NEWS.
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Bibliographic details
Press, Volume LIV, Issue 9812, 23 August 1897, Page 5
Word Count
175REDUCTION OF FREIGHTS. Press, Volume LIV, Issue 9812, 23 August 1897, Page 5
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