GUARANTEED PRICES
(To the Editor.)
Sir,—Mr. McKeen, M.P., advocated, at Island Bay, the guarantee of prices to farmer's for exports, the proposal being to guarantee a payable price for primary production which is considerably in excess of the price obtainable on our foreign market.
To support his case he gave instances of guaranteed prices existing in New Zealand today. (1) The wheat growers' guaranteed price is not analagous, because New Zealand is not an exporter of wheat. (2) The price paid for milk by the city is on entirely a different footing, because it is purchasing milk for resale locally and can control the selling prices. (3) The charge for rail fares and goods haulage is not in any way akin to a guaranteed price for exported produce. It may be possible, though open to question, to guarantee prices for goods sold locally, but to do so for goods exported and sold at a considerably lower price is quite another matter. None of the instances put forward by Mr. McKeen can be honestly used to support his policy of guaranteed prices for export.—We are, etc.,
N.Z. WELFARE LEAGUE.
July 30.
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Bibliographic details
Evening Post, Issue 27, 31 July 1935, Page 8
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190GUARANTEED PRICES Evening Post, Issue 27, 31 July 1935, Page 8
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