BRUCE WOOLLEN MILL. TO THE EDITOR.

Otago Daily Times, Issue 10598, 16 September 1896, Page 3

BRUCE WOOLLEN MILL. TO THE EDITOR.

Sir, —I Eotiue in your Saturday's issue a letter signed "Veritas," purporting to' come, from Auckland, in which the uoveracious writer feebly attempts to discredit tho Bruce Woollen Compauy. Although ha poses ss a pfail&n- j thropisb," he is evidently as much ashamed of his motives as he is of his name, otherwise he < would have boldly 6ign3d his rsmark&blß 1 effusion. Amongst other things, he deelane I that three factories have drifted away from their original owners. It is passing strange that such a noble-minded philanthropist and professed luver j of the troth should not have given the names of ; the-mills, or the reasons for their failure. If he know* anything he must know that the failure of any New Zealand woollen mill in the past has been solely owing to bad management. For instance, it will not be news to " Veritas," but it way be lo some other people, to learn that as soon no the Timara Mill got into the hands of practical men put qf the Roslyu Mjll it becsme a success, and of late lias not only bsen working night and day, but has been paying very handsome profits to its owners. Our company is starting under equally favourable conditions — i.e., several of the leading practical men out of. the Roslyu Mill ate coniiog in. to raauaga ib; not only this, but they are putting the savings of years—some £2000—into the concern ; taking nominal wageo, and no dividends, until the other shareholders have received 6 per cent. It must therefore be obvious to tbe most virdant person that tho practical men who are doing this kuuw just as well as " Veritas " when they have got hold of a good thing. The chief object of the Bruce Woollen Company will be the msnufaeiute ot fingering yarns, in which business it will have only one rival iv the colooy. This " Voritas " forgets to mention, and be also falls to pniiit ouc tiittt most of the woollen raillir—ife Kainnoi Rinougsfj oshfrj — are noli only paying capital fiiviilwiUs, but arc also »ntiivtin t ; thousands of poumis in an endeavour to supply tha ever-increasing demands made upon them, and that they are still unable to do so is well known amongst people in the trade, who cannot get their orders supplied. But, in treating the letter of "Veritas" aeriously, I am paying a very poor compliment to the iutalligence of your readers and those interested in the Bruce Woollen Company. Still, for tks edification of "Veritas," I may be permitted to point ont that special provision will ba made in oar articles of assooiatiou that no person of unaoand mind will be allowed to hold shfvres in tho cotnpaDy. As it is evident that his letter could only delude persons of this description, it ia ; sublimely ridiculous ioc your corrsspondeut to I waste his abilities in trying to miake sane people believe that " truth is but a lie in masquerade," or that there is not ample room ! tor another woollen mill in New Zealand. jlt may bs possible that I am doing " Veritas " !an injustice, for he may be one of those rara but modest philanthropists "who do good by stealtb.und blush to find ifc fame." If such is I the case, might I be permitted to mildly suggest that his zfcai for the public, welfare would be much better exercised if he devoted some of his spare tims in denouncing a, few of the wild-cat raining venture?, now being floated on the Auckland market. If he did this, his high-souled philanthropy would do a world of good. At present he is wasting his energies in a vain attempt to injure an honest enterprise, which will not only provide a solid investment tor money, but at the same tiros give employment to out l&b'ocriog classes.—l am, &c,

K. A. Pykb, Hon. Sec. Bruce WocJleu Company, Miltou, September 14.

— The Saxon village of Einlelien, famous as the birthplace of Luther, is falling into decay »B the result of continued carl*quake stocks, which began in 1892.

"The Stomach and Its Trials.'—A lady in London writes as follows, under date April 27, 1888;—" Will you kindly send mo the eleventh edition of ' The Stomach and its Trials,' for which I enclose 14 stamps. I may add that the Fruit Salt' has proved a very valuable medicine to me. It is the only medicine that has cured very bad headache after suffering for several months. Caution.—Legal rights are protected in every civilised country. Read the following :—" In the Supreme Court of Sydney (New South Wales) au appeal from a decree of Sir W. Maiming perpetually restraining the defendant (Hogg) from BellinK a fraudulent imitation of Eno's Fruit Salt, aua giving heavy damages to the plaintiff, has, after a most exhaustive trial of two days' duration been unanimously dismissed with costs."—Sydney Morning Herald, November 26. Examine each bottle and see that the capsule is marked " Eno'a Fruit Salt." Prepared only at Eno's Fruit Salt Works, Hatcham, London, S.E., by J. O. Eno's Patent.—[Advt.]