GUARANTEED PRICES

Manawatu Standard, Volume LV, Issue 226, 22 August 1935, Page 9

GUARANTEED PRICES

AAVAHURI SUPPLIERS’ VIEAV. “Government servants receive a guaranteed remuneration for their services, so why cannot the dairy farmers who provide that receive a guaranteed price for their produce?” asked Mr J. AVliittle at the annual meeting of the Awahuri Dairy Company, yesterday afternoon. “I am not going to support the guaranteed price scheme,” declared the chairman of directors (Air N. Campbell), who added that the matter had been thoroughly discussed at the N.D.A. Conference, at which the proposal for inflation had been defeated by a large majority. He considered that the farmers had to look ahead. No sound and definite scheme for guaranteed prices had been advanced.

.“l would be very sorry to see this annual meeting develop into a semipolitical organisation, which is likely to happen if we continue the discussion on those lines,” commented' Mr E. O. Rond, who said the Leader of the Opposition (Mr M. J. Savage) had

said he would first endeavour to create costless credit and, failing that, form of progressive taxation could lie used to provide funds for guaranteed prices. Farmers directly and indirectly found 90 per cent of the country s taxation, so that this meant taking Is from one pocket, putting it into another and calling it 2s. If guaranteed prices were to ho found by further taxation it was purely political window-dressing, and nothing else. ‘ people could shed 75 per cent of the present taxation they would be anJe to throw the shnckles off industry and make some strides towards recovery. tlier 16 discussion wns llot carried fur-