BUTTER SUPPLY

Evening Post, Volume XCIX, Issue 138, 11 June 1920, Page 7

BUTTER SUPPLY

GOVERNMENT METHODS •■ QUESTIONED.

CM mSOIUPB.—PRESS ASSOCIATION.)

HAMILTON, This Day. Referring to the official statement that ■the Government had done no more than follow the custom of recent years, in. releasing butter, Mr. Goodfellow, manager of the New Zealand Dairy Association, states that producers took no exception to the holding back of a quantity of ■butter sufficient to supply local requirements until the coming season's make was available. At the present time there were 220,000 boxes of butter in New Zealand, compared with 100,(590 boxes at this time last year. This, estimated surplus of 100,000 had in reality, been sold to the Imperial Government, ■ but ■the New Zealand Government intended ■to appropriate the extra, quantity for the purpose of xuppl-yinir the. local market in competition with the new season's make, which would be available in ■increasing quantities after Ist August ■noxt. The Government by this questionable means would continue to keep down. the price of butter to a figure very much ■below the cost of production. Sir. Goadfellow quoted the prices ruling in other countries, showing that inferior butter sold to-day m Australia, at 2s 5d per pound.' in 'Carmla and the United State* at 2s to ss. 6d. and in England "at 3» to 5s per pound.