PRICE OF BUTTER

Manawatu Standard, Volume XLV, Issue 141, 19 May 1925, Page 5

PRICE OF BUTTER

CONTROVERSY IN BRITAIN.

FREE MARKET ADVOCATED.

(By E ectric Telegraph.—Copyright.) Received May 19, noon. LONDON, May 18. Mr Emery chairman of the Homo and Colonial Stores, stated that if there were a free butter market to-day butter cou d be sold at Is 6d per pound to the consumer instead of Is 9d There a as no justification for the maintenance of the high price in view of the large amount of butter in cold storage, which cannot be realised owing to the attitude of the Australian Farmers’ Association and the New Zealand co-opert.tive dairies. Mr Emery’s statement has aroused a newspaper controversy with regard to the propriety of holding up supplies in order to raise the price. One big wholesale buyer of Australian and New Zealand butter saying that it was a game of “pull devil, pull baker,” between the holders of the stock and the buyers, and that it remains to be seen who will win the tug-of-war. Some of the critics l allege that the action of the colonial sellers is a direct challenge to the recommendations of the Food Commission. —A. and N .Z. cable.