STRATFORD.

Taranaki Herald, Volume LXIV, Issue 145045, 22 July 1916, Page 2

STRATFORD.

VROM ODR RESIDENT AGENT. July 21.—There was a large gathering at the Egmont Chib on Wednesday evening, it being the occasion of the annual meeting and election ot president and committee. Alter these proceedings, tho members assembled in the billiard-room mid witnessed the unveiling of portraits el two former supportora of the club, biout.-Colonel Malone and Captain Tom James, who nearly u year ago gave their lives for tho Empire on the hard-won heights of Cbunuk Bair. As usual, a very satisfactory report from the inspectors was before the School Committee at its mooting on Tuesday evening. Tho headmaster and staff well deserve tho congratulatory resolution passed by the committee and, if any of tlie teachers deserve it more than, the rest, it is surely those who have to do their work in the Infant School. Hero are to be found in one room no Joss than 162 children divided into three classes. Teaching under such conditions must evidently bo Jittlo less trying’ to the iiorves than a spell in tho front .trenches during an artillery “preparation.” . Tho affairs of Homo Builders,_ bid., and its allied companies are not without ; interest to several Stratford investors, who arc following tho reports, of tho investigation committee with closo attention. A perusal of the balanceshoot issued by tho directors, and ot tho ono issued by tho accounts, employed by tho committee, reveals tho rather startling difference, between a profit of £14,000. and a loss of £22,000. Even more: sensational is thei disclosure that of the paid-up capital 01 £92,000 no less than £21,000 went in commissions and preliminary expenses. ' _ A party of members, of the A. and 1. Association paid a visit to tho Monnia■haki State Farm on Thursday.. I noticed that they had provided their own commissariat, the hospitality ot the State to visitors having now-come clown bo a drink of tea. War economy, 1 presume, is the motive for tho change and would.be commendable if consistently carried out in .larger matters, which is not the case. Our economy, both public and private, is an utter iarce. Save at the spigot and waste at the bunghole” is onr motto, and is peculiarly .applicable to our national expenditure upon unnecessary refreshment. feo lonv as wo pour, so many millions. annually, down onr throats, all our other yialo into ins a-u i nosnoo.