ARGENTINE BEEF.

Hawera & Normanby Star, Volume LXV, Issue LXV, 18 June 1913, Page 8

ARGENTINE BEEF.

THE AMERICAN COMPANIES' ■/' ' VERSION.

> ? * wf.s—paiißS assortation -fjoVyaltiHT. : (Received June 18, 12.30 p.m.) . : BUENOS: AYRES, June 17. s The Govfei'nmeili has consulted leading politicians—all of them cattle-breecl-ers —who advised non-intervention uni less the Americans, as sole controllers, j endeavored to establish;arbitrary prices' for stock. The Antericah -■ buyersmain^tained that, thejj ,wer.e ; able t« p. ay £13 10s to £|4', pei head and sell' &t an aveis age of 3|d per lb.without_lo§§ A . jnajyng.. a"_p.rofit at 4d. Moreover they buy.sfQclcl yielding 7701bs weight, whereof 95 per i cent, is exported chilled as against 80 I per cent, pftherbfief bought.by^AngloArgentine'companies and: make greater profits out of by-products. The-man-i agers of both American establishments swore there was no. SwiftrArnJour trust. ■ and said that when the Anglo-Argentine companies learned that protection had ' been' refused they1 decided- to-reduce', ex- ■! ports by 25 to 50 per cent."r6ii'their /former business. The Americans deny levqsr establishing; a 'limit' of • prices ifoV stock. ...-•. ;

(A^ few days ago six large Anglo-Ar-' gentine frozen meat Jch6nipanies■••• presented a note to the Government declaring that if burdensome conditions continued they would close their factories, because other comnauies were prepaying a monopoly for ,the. selling of,. m?at in the English markets be«ow cost.: The note Jirnred th? Government to'take steps in the matter).