IN DEFENCE OF CONTROL.

Auckland Star, Volume LVIII, Issue 44, 22 February 1927, Page 8

IN DEFENCE OF CONTROL.

Your correspondent "Britisher" is *n 8»» doubled pessimist, and his letter, if not correeled, win only increase the hardness of these hard times. 1 have never before experienced such a dark pessimism as now pervades the business world. It is the swing of the pendulum, and the pendulum always swings too fat» If "Britisher" would be a little more optimistic, and spread optimism among his associates, he would find the winter will not be such a hard one as he is now helping to mala* it. "BritisberV letter destroys confidenoe. and therefore destroys business. Like many others, "Britisher" has fallen for the specious arguments of Ihe inspired opponents of dairy control Last February certainly but little Xcw Zealand butter was in store on account of Ko* Zcalanders. It was held by speculators, but was still in store, and not in consumption. Tbis year it is held on account of the producers, and hence enters inln our statistics. The only difference is the holder, and "Britisher" simply repeal* ibe squeal of last year's speculator, wlm j* crying because l" 1 cannot speculate this year. There would »<* be s-o many inspired report* raising these empty bogie* if a handsome profit were not at stake. The dairy farmer run take heart at the opposition, for it is a good indication that be has actually secured for himself a profit which originally was made by oihers. B "Britisher" denies hit contention, let him produce figures showing the quaniity of butter retailed during the last two years. He will find that Xcw Zealand butter"is passing int" retail consumption as fast as ever ii has. NATIVE.