Ownership of Butter

Dominion, Volume 29, Issue 208, 30 May 1936, Page 13

Ownership of Butter

Sir, —.Many references have recently been made in the Press of New Zealand to the Government’s marketing scheme, and the opinion has been freely expressed that it takes away from the producer his freedom of control and ownership. As a matter of fact he never had any 1 About the 10th of each month the various banks monetise to the extent of 80 per cent, of its estimated value the previous month's 'production. This is disbursed by the company to its suppliers on the 20th. The produce is sold on the banks’ account, and after their various charges are met any surplus is transferred to company account. From this expenses of management and all costs are met, the residue being paid out in form of bonus or deferred payment, at the close of the season. Messrs. Coates, Polson and Moore must be very unsophisticated to suppose that the producer still owns and controls produce, on which he has drawn and spent 80 per cent, of the value.—l am, etc., C. STRATFORD. Huuterville, May 28.