AGRICULTURAL EXPORT COMPANY
B; public meeting convened by tlie dir^ mf '.,!„ company.for the purposed ffl { • ■' ' tin'ppgressmadeup:to the pre '-eleci iiigr a committee to c'Rnyns. »'""'''',' for*harelio!dir?, was held in. th m i]W \ Hotel, Kaiiipoi, on Saturday even B*f nudltf. ccnp\ing 'lie diftir, Riid M I•*', he secretary,-aitinding on behalf ■ o Bfr ' H - n v. The attendance was some 1 I'lThaiWs having stated the object o M rtii.K »»d r,,fl ' rrC(1,0 ,he ' adTail,s Ri' B/,' E L a iii probably accrue from, the cstii I If, P.it of such a company, called, iipoi I to rxplain the progress made up t< ■E Usetit tiine, aftd what was nece«aarj 1 r,".., h' done Hi WYI.P saili lie ww np # c .P a . l * d . w Ji! 1 fnnrts from '■ l(d «'> nmiit tee orJKitial lj PESted as their f,im ' t,mlß m, *g''t bo.-saic gjf" ppjstd after the hist public K. - ff iiuld all remember, that theiidt'ao: i* inn t' ie we ' et - v now Brlted' "> Kaiapoi, where;-jMeraVot thi W' f observing that -agriculture was KWri* f,,r ,ranl pf " n ■ e 'W l '''i rat,l '> M.d ra'Vured l 0 ' )eT ' e R remedy for it, l\y |rL s sue ety lor opening up ah exporl Hi, f o r the proTince. -1 bey.all felt'thai Ebmiiii? inteu ' st ™ 8 ?!"ffe"ring; for want K-foreigii nwtki't... as, although iitfthe early B* 0 f (he prownce, Canterbury did not H&duce more than it ciVuldjionsiune, yet tKat |[!iwl gone by. Pd sucli.an extent of laud ffibctngrtdiwll)" brought into cultivation, Km produce now lar exceeded the cbiir BLioit. 'l lie 'farmers. had.,iip : totliepreseht K'iooke'l -ttf-private- enterprise'-;to assist HL in finding a inarket, hut : that l.ad Ey them-, a's'in all new-colonies there were HUutliiiriit -uieit of .capital; to enter into it; m ilifhfure they; must; now;.help theriw «&[!. The comniittet' formed ;iit the. ■■firaifc to make inquiries and report upon Risibility <-f the scheme-did so oh:the || of Jn« e ) wnen they :finally re'eoiiV Whiii an associatiiiii ;thatybuld;ii6t only jjjjs market for the produce I .but,.alsb be ELjtd toadviiffce money upon grain en Bbareholders. Since Ht metting the soctetyvhadvbeen coin-. mai, and he inu'sf !;ay had succeeded, far Kuban was anticipated, the newshaviiig: Waj oier the whole province,: and;the gfiore being taken upiby other parts.with Kqual If nut a. greateraradnnt'of,'.'determiHod. In the si'uu'tli especially it had." been' EmiT supported, and the only thing lie re|»ttj in connection with the society was m they were much more zealo'usln the work Ere than the fanners of tHe Ndrttr. The fflih bad certainly thejeredit Of originating, Ekhtme, but they miistcontinue 'tQ/SUp-' ||it asitprogressed, orthey'would.soon lose Eir vantage ground. ■.He:..was:su'rpn?ed.tom\k interest taken in the subject south' of §§&!*> n r and from personal knowledge, he Bso-ticuvt the farmers of that part. : of. the Hpce would exert themselves , ih jg|j way to promote the.'pbject of. .the Ur. ' tie hoped, therefore," that mi having the Credit of".commencing ■project, vtould.npt be ■■the first to.' relax iii Reffurts- to ensure, success,; but.carry, it'forr M with the spirit :t in '-.VwHich, ly had cgmmehced. > .it.\ : v::The^ i 'im-' Slate object of the : present*- meeting, mi to apiohita local, committee to canvass' ■district.; i'liere^could ; ;be-no doubt as'-'to of the society,; as-that had. piully shewn inthe public prints;which praTedthatliadtliesbcietybeeninexistence pre.lasf harvest,theprovince would have &s in.a much better .position. If, instead Bjirte. siiiliings, the fariiiers had obtained ■Schillings per bushel for their grain, it |p, according to careful calculation; have || : ,a difference oi >■;■ considerably, H £IOO,OUO in ihe amount they 'would ply'- have had at their disposal ..for Ending- their operations and purchasing fij[ e "N 'scarcely .point out what good Circulation of this sum would have reWM in. liisteadof haying to confine their Brtions and stop.employing labour, they mi jiavehadample means to extend their to. employ more : li' Wlojment it good.wages, no -matter-whe--Klsboflrer,.artisa'ii J : -tbreli:eep , e'r- or merm. This cpuld' : .:'gtilL : be-done; .and; the » t 7-.hting ~iprmed;' hoped : ,"to very fcaly iii accomplishing? it;.> ivYhat.-'wag W wjuirtd and would [ be first iookedto was »ign.n)arket;fpr produce., ,:Th'e'.quantity. ■Peat grown in theproTincelastyear H 150,' 00 giglsad wouldinbt-affect the market'there KeHightest.rJegr.ee,arid; would riot-be a K i tonsumption for London arid its neigliBthood.whilsttliey would get a price "amply gneratire alike ;tb; iihe\farmer, : and- the ml It had been said that last-year' had m unusually favourable. tb ; sellers of m m England,, but:ifffieylooked :back »«Hiiy years they irpuld find that it had mm less than 6s per:bushel, which IW Py the farmers of Canterbury well, them at least 4s, and probably niore W.JS- 6d per bushel for themselves, as the WW carriage could not be-more than is 6d m per bushel. He woWd : remind them Wr »e.?ost-pf export would decrease pf exports increased, so that j|F bushel in England might safely be pT.V Gd .to Ae farmer here, a Rjnat he believed would pay all working a n d leave a p rofit of is 6d per 11' 1 - But they must not look to grain m « an article of export, for they could m pork as in any part of the ai d although they had no «. present by reason o- | ny inf « io f articles turned out ir "ier«, he saw no reason why they «t have one.At presenUhips trading jowny brought with them mess pork l w last ■the voyage but.and home; a good brand was established, the »«u:d procure a supply in the port *u going to. This itself '■ would be and ensure a price that ')' we I. His.i.mpression was.t'ha't if P»ny were established, they could "Pay 6d per lb for every lb of. pork l,ltir «»reß, Sinclair and other m '.'J baeonpaid this price at home, could it riot be given here. This; scarcely say, would be much better '7 JI,MS 'faving-as at present to sell }»«:" ad.,per lb' Cheese and butter w be similarly profitable. toot ""ce at the Pan.™* Mail Company « advertising: for tenders for the >l I2ao Sbs per month. That'wai iUa " which in itself' wouh '" , r , a T er y appreciable sura o: ibey required combination, how d 0 'bis, and.not each iridividua or salting in his own style trade, which had beer * pinner inwhich each man ownini "Hciii-ed,.;atfd rushed it into tin « the commencement of the diggings »t being, q:j(te, rotten for wurit o ■•eparatipn; ihe resultwaa thattliej ?" aw* Gahterbury bacon at anj ( ''s would : beremediedby.the-Bocie.t : ") by supplying a good urticie,estii "we and brand that would, earr - I "'' -provide- a ready market, He-wat ,'', 'I 16 ""endance wasnOt so large as * been wished, tiie.overflow of the ~, baying prevented many ; r oni.iitlendingV.'Buttliere,w'efe : .Btil] to transacWiie busihesa :&f 'Si v«., to elect a eommittee. to 'He (liairict for shareholders: The a capital.of £30,000 in 6;000 '' *5 each, It might be said »'»rge sum, and so it was amongst a '! it weie spread over the province it . ntl,l| g. The society wished to see '"' •"■'lely distributed, as by that ey secured the supportand co-opera-'lll« -many instead of the few. They ""«' rather see the capital subscribed !I "ge shares thau in one or two .' "e hoped the. present bad, times but that they would to i|, e character; of Englishmen, I * e| l-known-; tlie.harder they were 1 ««n tlie higher they would rel '' '-'rfieyed belter times were not ..""'. ar.d that the reaction would be : JS wlwii it did .come. He wbu'd ;„ 'be > rtiisles- of association for the ,»>n of ihemeeting. Jhis,Mr Wylde i|,„ I;"" t u 'e advantages of limited lia-."«e-vtent of time overTrbjcb; the pay-
mini ofehares wouidireAciiXno tiall :to ex%d £l, and notofteiiertliauone intliree months) .and of having the cemral ito& ,in^hrißtclmroh r which would s .™*; prevent Maiiclratores.being eetablislttd in 'the - outlying Wyl.le finallylcbiicluded by rending the namps commenting upon, tlieir'biisinesV aptitude, anil expressing, his. .■willingness, to iuiawer any questions put to ttitn. (Appliuise.)-. ' ; MrJosKi-ii.Clark, oii>> of life directors, /explained that all.shareholders hul a v ( ,ice in the election ofofliccrs, and that no business ■would be tr;n>acteil imtil .1,500: stores' were takt"n;up..'rite : directors hki at! agreed 1 -to act until peeembi'r— wlien it was exp-cted .the'iiew ones would bis ;elccted—frie of expense: Not nwre' than £6 or £7 had as yet been paid away, economy being the order'of the day. He hoped every one .would- support, a movement.of such vital importance to tlve country,.. He moved tliatMessrs J. fe'tley' J. I'crrinj G...Edwardß,—lindson.-and J.' GI»rK tie elected,ii-cpmuiittec to canvass the .district for 'shareholder*,-.
The motion was secbhd'edand ear-ied... Mr J, Kketley spoke at considerable lengih on. the advantages' of the snehftyand pointed out that they did not want Vlmfcliolilers merely to pay their, money, and then Jakenb further Interest iii ; tlie matter, 4) ut t to liook; sharp) after the manner in <which it was conducted.
■ln reply to. questions Mr Wilde said that £9OO had .liven, subscribed up to the. presht ;tiuie,vbiit it inns't be. recollected ilnit the reports of the .various committees had. not .cqiue in. When they did it probably wmiid be .increased to. a? many, thousands. . Tlie society would., hot advance money upon samples.- of'grahi, but ; .dn the bulk when brought to; the stores., and its quality ascertained..'..' -; ,-
': A; list was then handed rouridthe room and several shares .applied for;;., thefinally,.adjourning with a vote of thanks.to thechair.
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Bibliographic details
Lyttelton Times, Volume XXVIII, Issue 2121, 8 October 1867, Page 3
Word Count
1,515AGRICULTURAL EXPORT COMPANY Lyttelton Times, Volume XXVIII, Issue 2121, 8 October 1867, Page 3
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