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NOTES ON NEW ZEALAND.
201
say, since leather should be made and sold in New Zealand at a cheaper rate than it could be imported, but I imagine that in many cases the manufacturers do not understand their business, and have only made a speculation of it, a practice very common in the colonies.
TIMBER.
A very extensive trade which New Zealand carries on is that in timber. I mentioned in the first chapter the chief trees which compose the forests of New Zealand; the most important of all for timber is Kauri. This timber is exported