PRICE OF PEACE-4d OR 6d ?
10 IHB EDITOR. Sir,—-Be talk about a strike against selling' outter locally at export value (equal to 2s lOd), there will be no'such sales after the Maasey fiat goes. While the Consoldiated '.Fund is handy, Mr. Massey will not dream of putting the whole thirteenpence (difference between the present "unfixed" price of 2s lOd and the late fixed price oJ Is 9d) on to the buyer of retail butter. . He is trying to discover the smallest concession that will be big enough to cut the ground from under the feet of the watersiders and transporters that threaten not to handle butter. If he deems that to divide the thirteenpence (6^d on to the buyer of retail butter. 6-Jd out of the Consolidated Fund) will leave the people not angry enough to countenance a butter strike, then the retail price of butter will be 2s 3£d. If he thinks that the public will stand 2s 6d, then 2s 6d it ! will be, leaving a 4d margin against strike-fever. That part of if, is a matter of psychological calculation or guessi work.^ The certain facts are : (a) Strikers will not be given an opening by making the retail buyer pay the' whole 2s j lOd; (b) • country votes will not be alienated by giving the butter producer any less. The financial milch-cow will be the Consolidated Fund, and this is statesmanship. —I am, etc.,
AMUSED.
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Evening Post, Volume C, Issue 88, 11 October 1920, Page 7
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238PRICE OF PEACE-4d OR 6d ? Evening Post, Volume C, Issue 88, 11 October 1920, Page 7
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