DAIRY PRODUCE CONTROL

Evening Post, Volume CXII, Issue 49, 26 August 1926, Page 16

DAIRY PRODUCE CONTROL

HIGHER PRICES NOT THE AIM.

Referring to the statement that had gone abroad that dairy produce control aimed at raising the price of butter to the English public, Mr. W. Goodfellcnv, managing director of the New Zealand Dairy Association, said the statement was quite wrong. Any effort to extract an unfair or uneconomic price from the British public would only cause a slump in the market. There was a very large margarine eating public in Britain, and if prices became uneconomic they would simply switch over from butter to margarine. It had been stated in the Press that a number of firms in London had refused to put up their credits. It was true that certain firms had done so, but no small group of merchants in England would be allowed to stand in the way of the success of control, and there was not the slightest doubt that the matter would be adjusted very shortly. In the meantime sufficient credits had been arranged to cover the next two months. The chairman of the board, Mr. W. Grounds, has gone to England to confer with Mr. Wright, the London agent, on the matter.