HIGHER PRICE OF FERTILISER
“GREATEST ECONOMIC BLOW IN HISTORY” (New Zealand Press Association) _ , AUCKLAND, August 5. The rise in the price of fertiliser was probably the greatest economic blow m New Zealand history, the Auckland provincial secretary of Federated Farmers (Mr G. M. Rodger) said to-day. Every member of the public would feel the ultimate effect, he said. The situation was one of national emergency. Mr Rodger was commenting on a report that the price of fertiliser will rise to £lO 16s 3d—an increase of about one-third. He said fertiliser companies in the last three years had steadily increased their profits and had put more and more money in their reserves.
Some reputable authorities wondered if the sulphur shortage was not exaggerated. Mr Rodger said. America had a sulphur monopoly. Was she trying to force New Zealand wool prices down by threatening not to supply our sulphur? If imported fertiliser were not to be subsidised, it was doubtful if farmers could buy, said Mr Rodger. The last Auckland conference of Federated Farmers had warmly endorsed a plan to manufacture fertiliser without sulphur, and in spite of opposition the federation was going ahead with arrangements for that.
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Bibliographic details
Press, Volume LXXXVII, Issue 26492, 6 August 1951, Page 6
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196HIGHER PRICE OF FERTILISER Press, Volume LXXXVII, Issue 26492, 6 August 1951, Page 6
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