PATERSON BUTTER PLAN.
Rivalry among. gutter-trading -interests % Adelaid* recently resulted in some! (trader* "gn*ding" prices.^. Such action was reiiented bj coJßpetitdfi, who retaliated by teducing their selling *ates-. by 2d ' lb, against a cut of Id a lb> ; Peace was re•tored and the price.of butter was accordingly, raised to, its fornlgr."leyel. Prior to mediatory pfpceedingß,- "rival-factions suggestqd tfeat.^if prices were cut unduly,'^ley/clould not be expected to con:*tne Paterson but(ier''plan. This ;filaa/*fc"th'eVexpense';of consumers, who (W*o»3Pell*i'to^pay mote than the.butter is gold 'for'in OTerseas markets, hasjwoved ißfimicki.benefit to producers that its^abolitioo •. woijldl.entail a very heavy loss-^to Auttrilian producers. The Australian fitafcilisation reported last'year tnat since ..the'"plan" had been" in operation producers had gained £6,500,000. '"
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Bibliographic details
Evening Post, Volume CVII, Issue 130, 6 June 1929, Page 14
Word Count
111PATERSON BUTTER PLAN. Evening Post, Volume CVII, Issue 130, 6 June 1929, Page 14
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