THE PROPOSED FARMERS' CO-OPERATIVE ASSOCIATION.

Waikato Times, Volume XXI, Issue 1782, 6 December 1883, Page 2

THE PROPOSED FARMERS' CO-OPERATIVE ASSOCIATION.

At the adjourned meeting m connection w ith the above, which was held at Tamahere on Monday evening last, Mr W. A. Graham hi the chair, theic w* a small attendance ot settleis. —The chairman opened the proceedings with a few remaiks, expressing liissuipiise that the audience was not a much laiger one. He then called upon those who had made a personal canvass of the distiict to speak as to the suppoit which the pi oposed association was. likely to obtain. He had made a very .satisfactory canvass himself ; all whom lie had spoken to having warmly appioved of the scheme, and promised their practical support. All were alike satisfied that the association would be a great advantage to the working farmers of the distiict. He believed that as the result of his own canvass fully a thousand shares would be taken up. One objection he had met with was with respect to the proposed lending of money, but they would bear in mind the association only pioposed to do what other similar asnociations had with profit carried out. — Mi Barugh rogietted that many who expressed themselves so anxious for the success of the mo\ etnent weie so lukewarm intakingactive me.i-.mex tosuppoitit. — Mrßrooks(Ohuichhi!l)ie o 'i'etted that such astigmashouldreston far nun & as a class. — Mr Barugh said associations of this natuie had been started with great success at Home, and there they had been established, not for general purposes, such as this, but for some one specific purpose. Many did not thoiougly understand the object now aimed at. — Mr Graham pointed out that such an association would bring purchasers and settlers, together. Waikato, as a community, had many wants. A settler had to send out of the district for goods which his nevt door neighbour could have supplied him with, had they each known the one wanted to sell and the other to buy. If, however, as appealed from the scanty attendance, the fanners did not wish to push the matter, there was an end of it. — Mr Smith iisked what was the amount the shaieholdeia would be likely to be called upon for ?— Mr Graham stated that it had been proposed only to call up 10s of the £1 shaies in calls of not more than Is each, at intervals of not less thau one month. — Mr Brooks showed how it would be to the advantage of settlers by means of the proposed association to procure their seeds and other requisites far cheaper than at present, saving the piofits made by the middleman out of each transaction, while the association would find out many sources of outlet for Waikato pioduce. A demand in Auckland for A particular cla^s of goods could be met by application to the association, when without such an institution the Auckland merchant or consumer would not know where to apply for the goods. The association, affiliating with other associations elsewhere, would be able to purchase and sell for its members to the best advantage. — Mr Graham also leferred to the advantage in purchasing artificial manures through an association, which would buy in bulk, and be able to have them thoroughly tested. Mr Pond, the Government analyst, had promised to take up 100 shares. — Mr Smith proposed that two gentlemen should be appointed to canvass the district. — it was ultimately arranged to appoint a paid canvasser. — The objection to the name " The Tamahere Association" was discussed. It was agreed to call it either " The North New Zealand Farmers' Co-operative Association," or "The Farmers Co-operative Association of Waikato." — It was proposed that those present should put down their names, and the number of shares which they intended to take. Mr Barugh started the list with fifty, and a list of 1150 shares was soon filled up. Two gentlemen put down their names for 250 each. On the suggestion of Mr Brooks, it was resolved to start operations as soon as another 1500 or 2000 shares were subscribed, trusting to the farmers becoming alive to a sense of their own advantage to join the association when they saw the beneficial effects of its work-ing. — It was stated that in the South the Canterbury Association, as shown by its balance-sheet, had worked during the last year the third of its existence, on a oapital of £3447 only, although nearly £8000 had been called up earning a nett profit of 2G& per cent upon the former sum, which during th year had been again and again turned over until business to the amount of £81,366 had been done in the yoa.r,— It was then agreed. ''That a suitable can-, vassal- lie employed %Q canvass the district on behalf of the proposed association, and that on receipt of his report the secretary. Mr Thompson, be authorised to call another meeting of thase. interested. Also, that prospaatuses of tho proposed company b,3 distributed throughout Waikato through the. medium of The Waikato It Avas quite evident that those who had come to the meeting with the object of discouraging its object went away its sincere disciples.

Mr John Knox will spll by auction at his . mart on -Saturday no*t, a quantity of good* bo--hpiging to the estate oi Wm. Black. ' • 5 \* , J.^unter and t Co. , will hold their usually'large Sale of cattle at the Ohaupo Yards to-day. ,; Special attention is directed to the new advertisement of Mr R. T. Millar, seed merchant, of Paterarigi; in another column. . Mr J. Bridgman, draper. &c, Te i\.\yaraytH;'' announces! that he will' offer the whole of his drapery stflpk at a c}i»oount of Ss in the £ bn all 'purchases of IQs and -'upward*, pHor" t? stock.Wsiair4;<«i',ss*Si«ft^«w'* i'>,<^ l .Messrs yfyl- Hunter and , Co. advettufcjyidp next Carttbridge cattle sale for ThursdiyJ|p t^^S