Page 4 Advertisements Column 3

NZ Truth, Issue 570, 20 May 1916, Page 4

Prospectus of the New Zealand Iron Ore Smelting and Manufacturing Company Limited

Tho history of attempts to found the iron Industry m this country la about Ujo moat deprvs^iner kind ot r«ttdlnir anyone cowld wish for. Tor the most part the wily company promoter figures m a position In all of tho past failures, and of thwie thor© have been plenty. "Cambist" well rcmembera a big effort to deal with the Iron Hand problem* which wan enfflnoored In Auckland about thirty yearn ago. It came to grief after many ihouHundM of pounds wcro apeiu In lha vain effort to «melt tho iron Hand Into n product of commercial value which would show a profit. Thin \v«« found to bo Impossible, and tho shareholders, or, to be more correcr, tho Hank of New Zealand, won* hit up for absut £300,000 of loss. THESES WKRK THE HALCYON DAY H whim nhawhotdfnt of a certain clique had only to draw » cheque on the bank to pay for callii, gambling, or any oth*r little thing ihul tho fortunate cheque* sitmcrH took a fancy to. However \f»H tht" underlying fuet* wcrv. ono thlpg rilnndft om quite j>l«ln, n very eorneut effort w«h made to mnvii ihe Iron «and. and Uic beat ccionUOe and uructlcuJ