N.Z. TRADE.

Grey River Argus, 11 February 1929, Page 8

N.Z. TRADE.

An Optimistic Outlook. WELLINGTON, February" 6 The opinion that 'New Zealand had th ° e ° rner Was '“’'Pressed by Mr Polson, M.P., President of the New Zealand Farmers’ Union, speaking at a meeting of the Executive to-day “We are having a wonderfully bountiful season, which is enabling us to take advantage of the satisfactory prices which are ruling, not in one or two, but in all tie most important branches of /arming. Not only are butter ■ and cheese realising satisfactory prices, but wool, butter, lamb and beef are all higher than most farmers expected. The result must be beneficial to the whole country. All classes will participate, and unemployment will cease. The splendid trade balance for the past year is reflected in the exet ss deposits’over advances in the banks. The result must be a fall in the price of money. The policy of the new Government to assist settlers by arranging advances at cheaper rates will improve the position for borrowers when the opportunity occurs. Unfortunately, the immediate requirements of Imperial finance have impeded the carrying out of Sir J. Ward’s full programme, but I imagine the Government will overcome the difficulty and good prices will materially assist in doing so.” BUTTER FLAVOUR DETERIORATES.

Mr Polson added that the warning given dairy farmers by s 0 experienced an authority as Sir Tiros, Clements must not be overlooked. H e had declared that we were sacrificing flavour in butter to keeping qualities, and urged us not to interfere with the full butterfat content of cheese. He also warned us that our opponents were recruiting science to their aid in an endeavour to retain their position. THE- DANGER OF THE TRUST OCTOPUS. Mr Polson put forward the suggestion that change was needed in the appointment of the Meat and Dairy Boards at Westfield, and that that personally he was not satisfied with the explanation given. He was inclined to think that Vestey’s would not haw 1 built the addition if they had not been sure of sympathetic treatment from the Board. The matter was one for producers. "We need a change in the method of appointing some, at least, of the members of both the Meat and Dairy Boards.” said Mr Polson, who added that he was satisfied a combined Board with half the members could advantageously run the whole mmand dairy business. ' He believed that the bulk of farmers would support such a reform, and the country generally would welcome it. The Chairman might be a well-known impartial business man,, appointed by the Go vernment. The Executive went into committee to discuss the subject. LATEE. The executive of the Farmers’ Union to-day discussed a .conference remit that trade representatives should be eliminated from the Dairy and G.»ntrol Board. Mr l*>lson (president) said he wanted to see trade and government representatives eliminated. It was decided to rcier the matter r.o the executive and'advisory committee for report to the next executive meet-, irtg. The executive decided on Mr Polson’s motion, to re-appoint the five delegates who acted last year, t 0 give evidence iir "the event of another industrial conference being called.