THE LONDON MARKET.

Hawera Star, Volume XLVI, 8 March 1927, Page 4

THE LONDON MARKET.

(To the Editor.) Sir, —I noticed a reference to the butter market at Home in your notes on “Stock Markets.” Well, we are all looking forward to hearing something from our Prime JVlinis'fcer as to» wliat is the. prospect and position of things at the time he was in England, as there must be something wrong when our cheese is reported as being better than ever, yet there is a difference of 9s or 10s behind Canadian, whereas at least it should be worth as much. We should know why so much of our butter is stored, a® in another six or eight weeks the butter from all over Europe will begin to come in. It certainly looks as if, to say the least, we have not got the goodwill of the buyers at Home and if that is the case if there should be an overplus of butter, we may get badly hit. New Zealand was never in a worse position to get hit than, now. For one thing, nobody with money to lend will do go on land, but the funny thing about it is there is plenty for works in cities and big towns. They forget that if the country is not doing well it will soon hit back. With our unemployment looming ahead, we want something to instil confidence into the people. Again, as your paper states,, there are quite a lot of people walking off their farms in the back country, and it is almost impossible to pick up a paper without a notice of farms to be sold bv order, etc., a thing almost unheard of in, the old days. Nobody seems to he breaking in new country. Again, getting back to. dairy farming, the uncertainty of the thing and trouble with weed® are going to cause people with large places to give up sharemilking, as improved prices for wool and for fat lambs, with less trouble, are tempting them to go in for .sheep. I know already of several farmers selling their cows this year and going in for sheep again, throwing a number out of work. Nothing employs the same labour as cows, whereas nothing employs so little as sheep. I suppose a lot of farmers would like to know about the objection to Mr Patterson by the Control Board. Speaking for myself, it look® to an outsider that the board wants all to be of one mind on it, but a bit of opposition is not a bad The Government would not have appointed him without a good reason.—l am, etc., OLD FARMER.