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THE TRAWLERS.
Heavy Financial Loss Reported,
Tlio Auditor-GonoraV in a report sub
. inittcd, to Parliament- on Tuosday night,
criticisod in v a tronchaiit.vmannor tho
Stato trnwling sclioiiip. * Ilis remarks
?wore supplemented by.a.report from Mr
I\ Gribben, sonior cxnmiiior-in-cliargo,
m which tlio -writer . attributed , the
heavy loss of £10,088 —or 19.5 por cent,
on the capital, invoste'd —to faulty man*"
agoment. - -
The development of a national ro
sourco such as our fisheries,'' tlio Audi
tor boneral remarks, '.'is deserving of
Cvory encouragement, and thoro has
boon no condemnation by mo of tho en
terprise itself. But tho conduct of tlio
businqss, and tho almost hopeless chaos
into which tho organisation driftod at an
eajljr stage, certainly called for. sovoro
criticism. Tlio'loss acknowledged, by
the industry—£lo,9BB on tlio twelve
Months ended Juno 30 last —-was out of
Itooping with what might . reasonably
have been expectocl after ? all 'possible
factors had boon fully considered."
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