Article image
Article image
Article image
Article image
Article image
Article image

The Ballanee Dairy Factory.

Hitheno we h»r, pu-poMly ralriinaA , 'roiil raferrinc to oraxpreuiac ,::t op:mott on the affair* relating to th* poatttoa taken up by the «*nl*re ia praenra.ly refo«.»g te •upport the new owaer of the factory, be- • ! <-au,e w# hoped that the estrangement wae only of a temporary nature, partly aauaed by th* »»ttler* tin.imp their agreement made with Mr Herbert Chester soa binding and pariiv caused by oatside inffuaace >*ing exerted to widen me breach between the owner end the suppliers. However, at the present juncture, when w* me Ihe latter negotiating with another company which is offering them terms of an xp patently lees prontab:* nature than th* I parties whe hay* bongh: the factory, we ! think it ia in the inter*.! of the aettler* generally that w* should gire a candid and unbiased opinion on a anbieet which affects | the district generally. We caanot help ■stating that whatever the old agreement wa, it cannot possibly effect th* position | of either th* preseut owner or the settlers. They are, to all intents and purposes, risking a fresh start and each of lh« pari.es is fre, to make its own arrangeireat*. , We fully recognise that the settlers were fre* to ileal a loca. company for th* purpose of erecting e cheese factory locally ; owned and managed, hut judging by the report* of th* meetings and th* opinion* tliera expressed by the settlers themtelre* i ‘l l ** did not appear pleasing to nmre than ; * third of til# aelller* in th* R*«k. and they therefore fell back on the Dairy l nion s proposals. Il is just therr we wauld ask them to pau*e aai consider well ill# pro* and o,>a# before thev caaeuiil themselves further. From ea uprejudice-l poiat of view the canduioue offe. ed by tha ; Dairy Valor appear of lees value to tho *«»••*■* then the offer of Mr W R Cask, first because ; :e settler* are requested to find the capital, and second toe eiaadard of milk lest. :»*B. is iwo ienthe higher than tue present pra'pr.<?!,'r of the factory »• asking, viz., 3*fi. which practically meat » |d per cal lon lees fa: the r milk, or ‘2J4 as "gainst 3xl. Thee auotl er h. cumr at a Cfuasi joiniag the Dairy I’siou u this: That suppliers wi!! hare eeareely any lota! control, and she present directors cat :#t U* removed from office for ihe aext two year*. The advance of 45000 made bv Mce*rs Nathan aud Go. is interei h: t»ie rate of 8 per cent. inJepeadeut o the 21 ,pcr fee,, brokerage ei. mo yearly output of huilrr. a!*o fiui rant cod to the »am~ firm for lea rears, an.i then l.an. btii not lea«t, th# senior* are liable to be called on for a re for milk if am ioTT^e*incurred Miason't transactioaa. True. th«r also participate in any profit* there ma> be to divide, but x\hen i merest, brokerage eorami'tioa*. import*, end other « \pen**« en. totalled up thoy mu»; reatly inter(ere wiiu the chance# of a bq; profit. Agam-l th* propo.‘ti«* of ih* Pair* t’uiun the* nave th. ccudit.oa* #f in.

successor to the old firm, which conditions guaranies them 'id per gallon for milk of a standard equal to 3*6 Babcock test, and 3*d if equal to 3*B, a factory ready to spsa its doors as soon as a sufficient number of caws is guaranteed to make it workable, and instead of the settlers baring to find trpital besides losing three or four months oft the season before the new factory can be got in readiness, they can draw their first months’ cheque in October next They are not called upon te find a penny oapital. and the financial resources of the owner, whose firm has been so long and favourably known in New Zealand in conasc ion with eoramereial pursuits, are unquestionable, and easily ascertainable. Once more we would earnestly advise the Ballan oe settlers to consider both sides of the qa jstioa before they strike the final bargain.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PAHH18940903.2.10

Bibliographic details

Pahiatua Herald, Volume II, Issue 197, 3 September 1894, Page 2

Word Count
667

The Ballanee Dairy Factory. Pahiatua Herald, Volume II, Issue 197, 3 September 1894, Page 2

The Ballanee Dairy Factory. Pahiatua Herald, Volume II, Issue 197, 3 September 1894, Page 2