Otago Daily Times

Steamship Com­pany leav­ing

- Business · South Island · Dunedin · Otago Region · Wellington, New Zealand

Time brings its in­ex­orable changes, and how­ever these changes may be re­gret­ted by those who sur­vey a past of which they have ev­ery rea­son to be proud, it is in­evitable that ow­ing to a sys­tem of grad­ual cen­tral­i­sa­tion com­pa­nies as well as in­di­vid­u­als will be caught in the cur­rent. By rea­son of its po­si­tion in the south­ern part of the South Is­land of the do­min­ion , the City of Dunedin stands to lose more of its pris­tine com­mer­cial glory than other of the chief cen­tres of pop­u­la­tion;

in­deed, in view of the con­tin­ual claims of its younger and more ag­gres­sive com­peti­tors, it is a trib­ute to the char­ac­ter and cal­i­bre of those who guide their busi­ness des­tinies that Dunedin and Otago have, in the pro­gres­sion of years, sur­ren­dered so lit­tle. Nev­er­the­less, it is not with­out a pang of se­vere re­gret that the peo­ple of this city can con­tem­plate the ap­par­ently in­tended re­moval to Wellington of the head­quar­ters of the Union Steamship Com­pany. It is 45 years since the com­pany was formed, start­ing its op­er­a­tions with a fleet of five small steam­ers, ag­gre­gat­ing only 2126 tons, and dur­ing a pe­riod of close upon half a cen­tury the ex­pan­sion of the com­pany has syn­chro­nised with the growth and de­vel­op­ment of Otago.

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