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Daily Telegraph (Napier), Issue 4935, 9 June 1887, Page 2

Mr Joe Dbansfield is the grand champion of Protection at Wellington. He is also a large shareholder in and a director of the Wellington ' Woollen Factory Company. Hence he writes as follows in the New Zealand Times':'—" In 1886 the film of Marshall .and Co., established 100 years ago at Leeds, and the largest flax spinners in Europe, owing to keen competition from abroad, closed-their works, and have gone to 'establish new mills in Massachusetts, taking with themmany of their old hands. They employed 4000 workmen. ' It is said seventy millions of yards of linen were spun daily in their works. Mr Jacoby, M;P., a manufacturer who' has opened a branch in Germany, ; speaking at Alpeton, said: ' When Prince Bismarck put-up'the duties Ph cotton goods and lace curtains, it was impossible for these goods to be made in Nottingham. I therefore opened a house in Germany, on which The. Times ' Owing to foreign duties, itismoreprofitable to send Nottingham machinery abroad and work'it there, than to continue working it at Home.''' Here is an actual Freetrader, who represents in the British Parliament a constituency of working men,- employing foreign labor, to the great injury of his long-suffering constituents. ' When Germans read of-this displacement of Home produce by theirs and see so'many of our capitalists with their l works in the Fatherland, how they must laugh at the homilies we address to' them on the folly of Protection. The firm which John Bright is or was connected with has a branch in America. The Mundellas have hosieiy works in Saxony, whore they obtain labor at one penny an hour." that is what Protection does for a country: runs up shares in factory companies to 22 per cent, above par, and brings down wages to a penny an hour ! That is what Liberalism wants to do in New Zealand.