RUSSIAN BUTTER

King Country Chronicle, Volume XXV, Issue 3304, 16 May 1931, Page 5

RUSSIAN BUTTER

OPINION OF SOVIET OFFICIAL. WILL HELP DOMINIONS. (Press Association. —Copyright.) (Received 9.45 a.xn.) London, May 15. A Soviet delegate to the wheat conference declared that Russia was hopeful of securing the Dominions’ co-operation in a general butter selling campaign. He states: “I cannot think how anyone can imagine our butter exports will be harmful to the Dominions. London absorbs seven thousand tons weekly, and our 750 tons competes with margarine and helps Australia and New Zealand by breaking down the English taste for margarine.” MR. BALDWIN HITS OUT. ON RUSSIA’S ECONOMIC WAR. (Press Association. —Copyright.) (Received 10.10 a.m.) London, May 15. “This is not trade: it is economic war, which is much more dangerous than a war of arms,,” said Mr. Stanley Baldwin at the Albert Hall, when describing the Russian dumping of produce. Mr. Baldwin stated that knockout prices was the most certain way of unsettling the world’s economic system. It had happened on a small scale with wheat, butter, soap, fruit, pulp and timber. These were but the first drops in a storm and gave warning of a hurricane. A tariff and quota were the only protection against the menace of the Russian Five Year Plan and Russian system of despotism. “We shall protect our own people against attempts to sap the foundation of civilisation by economic warfare,” Mr. Baldwin concluded.