SOUTH ISLAND AND CONTROL.

Evening Post, Volume CXIII, Issue 124, 30 May 1927, Page 11

SOUTH ISLAND AND CONTROL.

In reviewing the'export prices of dam produce for 1926-27, the South Island Dtiry 'Association notes the greatly dinunfched '" returns for the season, as compared with those of 1925-26, and remarks: "Thia m a matter of very serious moment to the dairy producers of the Dominion, and calk for 1 the earnest consideration of everyone ' concerned with : the -welfare of the in. dustry. The slump, in prices -has beett attributed to a number of causes, such as: - (1) The large accumulation of stocks carried tonrard from the previous season anf held in store' in London,on account •< factories speculating for a rise in tU market; (2) the general strike and pr» longed coal strike in the United Kingdom with their consequent effects on the pa* chasing power of the people; (3) the gas eral economic position of that country! (4) the increase in the, importation .;• of dairy produce from' this and other eountrieß|_and (5V the HostiUty displayed by the trade in England towards the policy of the Control Board, especially with regard . to 'price-fixing.' We believe that the four reasons first named nave been strong contributory factor* in the decline, but are of the opinion that the policy «l - the Control Board has not affected th* position to any appreciable extent, v . produce from other countries not under > control have depreciated in value to the same degree, including Danish butter. W. are pleased to note,'however, !that, present indications five grounds for the belief that the position will be considerably improved in th«S near: future." -'T .*;