DAIRY INDUSTRY

Hawke's Bay Tribune, Volume XXIV, Issue 96, 6 April 1934, Page 7

DAIRY INDUSTRY

Taranaki Suggestions THE BOUNTY SCHEME By Telegraph—Press Association, HAWERA, March 5 A report presented to-day by a sub committee appointed last month by the South Taranaki executive of tho Farmers’ Union to make suggestions and improvements in the dairy industry urged that full investigation be given to the adoption of some scheme for a bounty for dairy produce to op orate along the lines of the Patterson Scheme. It wa s felt that an export bounty on n sliding scale of values would bo preferable to the present exchange. It was recommended also that no rural mortgages be permitted for a period shorter than 20 years, and that an amortisation scheme be arranged so that mortgages be paid off during the period, and where possible all current rural mortgages be so converted. Such amortisation fund was to be based on excess of butterfat over and above what might be taken as the index figure necessary to provide an economic return. In regard to rents it was considered that land should be leased on a given number of pounds of butter, irrespective of the price paid by the factory

MR. BERNARD SHAW’S REMEDY

By Telegraph—Press Association. BLENHEIM, April 5. Asked if he had any suggestions to offer as to how New Zealand, if, to use his own words, she ceased ramming her butter down unwilling throats overseas, could pay her way, Mr Bernard Shaw suggested that New Zealand should drop butter and concentrate on producing something other nations wanted, but could not produce. “As far as I can make out up to the present,” he said impishly, “you have discovered nothing except Maori gate posts, for which there is not n very large demand.”