SUGAR AND WHEAT CONTRACTS

Evening Post, Volume CIII, Issue 73, 28 March 1922, Page 8

SUGAR AND WHEAT CONTRACTS

TO IHI EDITOR.

Sir,—-In your issue of the 24th. inst., .your sub-leader refers to the "sanctity of agreements" and the Manawatu SubPi'ovineial's, resolution re doing away with sugar and wheat contracts; Not till'your leader appeared was the dual meaning of the resolution clear to me. Farmers are honourable, and our executive did not adopt the interpretation you criticise. They do not ask lor rescission, but wish' to prevent renewals of such un businesslike hampering of trade. The sugar contract gave grave cause for criticism. That for wheat -was on a different basis, bat I believe was opposed, and rightly so, by tho leaders in thought amongst onr Southern confreres in the Farmers' Union. May we hope that the Minister responsible for last year's transactions will refrain from making further commitments of the same nature.—l am, etc., A. BUCHANAN, President, Sub-Pro. Executive, Farmers' Union, Manawatu. Pahnerston, 27th March; [Onr remark about "the sanctity of agreements" referred entirely to any proposal to compnlsorily disturb mortgages. It did not refer to any proposal to make no more sugar and wheat contracts. The latter proposal was mentioned only insofar as it affects the interests of fanners benefiting by the wheat contract—Ed.j ' ' ■ . ■