EXPORT BUTTER TRADE.
TT.S.A. RAISES BARRIERS. FIFTY PER CENT INCREASE. (From Our Own Correspondent.) SAN FRANCTSCO, March 10. An increase in the tariff duty on butter from eight cents to twelve cents a pound has been ordered by President C'oolidge. The President acted under the flexible provisions of the tariff law on the recommendation of the Tariff Commission, which adivsed him the higher rate was needed to meet Danish com petition. The increase, amounting to 50 per cent, is the highest the President is empowered to order. As might be anticipated by New Zealand and Australia dairy interests, the increase on the impost duty on foreign butter entering the United States, has caused great joy in the ranks of American butter concerns. , Of recent years there has been a great deal of Danish butter brought into the port of New York for distribution in the Eastern States and American Dairy Associations have become alarmed at the "encroach--ment" upon their domestic preserves by countries such as Denmark, Australia and New Zealand with large cargoes of butter of superior quality. Whenever butter from these outside countries has arrived in the United States not the.slightest difficulty has been experienced in securing a ready market, as American consumers have bought the imported variety with the greatest alacrity. , ..:.. American butter producers have noted with some alarm also the large; quantities of Australian butter which has recently arrived in Canada, also tending to oust American - competition from the Dominion. Prime creamery butter is now retailing in San Francisco at 2/2 per pound.
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Auckland Star, Volume LVII, Issue 78, 3 April 1926, Page 6
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256EXPORT BUTTER TRADE. Auckland Star, Volume LVII, Issue 78, 3 April 1926, Page 6
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