BUTTER REGULATION

Evening Star, Issue 21718, 12 May 1934, Page 13

BUTTER REGULATION

AN AUSTRALIAN VIEW NO CAUSE FOR DESPAIR Press Association—By Telegraph—Copyright MELBOURNE, May 12. Mr H. W. Osborne, of the Australian Dairy Export Board, urges the producers to disregard the utterances of those who talk a policy of despair. He declared that, assuming that a butter restriction plan was adopted on the basis suggested by the British Government—namely 6 per cent, for the dominions, and 12 per cent, for foreign countries—the total importations into Britain would be reduced by 38,906 tons, comprising 14,327 tons from the Empire and 24,379 from foreign countries. The aggregate imports would, he believed, be disposed of at much better prices than were obtainable under unrestricted conditions with glutted markets. He emphasised that there would be no need to restrict production, and suggested that second grade and pastry butter should be withheld from export and sold locally to bakers and confectioners in competition with margarine, or it might be sold to foreign markets at reduced prices. He was convinced that the regulation of exports would place the dairying industry on a payable basis. Mr Osborne represented the dairying industry at Ottawa.