A MONOPOLY

Evening Star, Issue 21319, 25 January 1933, Page 5

A MONOPOLY

EFFECT OF WHEAT POOL [Pi* United Press Association.] WELLINGTON. January 24. Emphatic condemnation of the setting up of the Wheat Purchase Board to handle a monoply created by the institution of the compulsory wheat pool was voiced at a meeting of the council of the Wellington Chamber of Commerce to-night. The Auckland Chamber asked for support of a resolution recently passed in which the chamber expressed the fear that it was futile to protest against the Government’s continued cynical violation of the rights of the consuming public at the behest and for the benefit of a small producing minority, which had so long been sheltered from the economic blast. The resolution also warned the Government that continual interference with ordinary commercial and economic processes was intensifying the effects of the depression and hindering recovery. The Auckland Chamber also pointed out that it was extraordinary that the Board of Trade Act, which was designed to protect the New Zealand public against monopolies, should be made the vehicle for creating the most complete monoply the dominion had yet seen. The president (Mr J. Pearce Luke) said that the matter would be dealt with this week by the Associated Chambers of Commerce.

A motion that the Wellington Chamber endorse the resolution of the Auckland Chamber was carried.