POVERTY BAY MEAT WORKS.

Otago Daily Times, Issue 19505, 13 June 1925, Page 12

POVERTY BAY MEAT WORKS.

MR LYSNAR’S ADDRESS. SOME BREEZY INTERLUDES. . (Per United Press Association.) WELLINGTON, June 12. ' At to-<la,v’s sitting of the Moat Commission Mr Lysnar dealt in detail with correspondence in an endeavour to show that the Admiral Codrington would have proved a paying concern, lie quoted figures in support of his argument. Sir John Findlay remarked; You are making what is purely nn estimate. Mr Lysnar replied that the figures were taken from the actual records, and would speak for themselves. The figures dealt, with the expenses of running the Admiral Codrington. Sir John Findlay suggested that the 1 freight might have something to do with the profits earned on the boat. Mr Lysnar replied that the freight did not come into the matter at all. Sir John Findlay: Oh, indeed. Suppose you get no freight at all. Hr Lysnar (with emphasis)): That's what .the Meat Board aimed at. Sir John Findlay: Leave out imputations. Mr Lysnar: That's no imputation. Sir John Findlay: You squirt out imputations as if through a hole. Mr Lysnar; It’s no imputation. It's solid fact. The Meat Board wanted us to lose money. It wanted to ruin us and looked for any losses wo might suffer. Mr Treadwell: It’s really no use denying all these statements, but we all know there is no evidence to support them. Mr Lysnar: I hope the Commission will have more intelligence than my learned friend. He has no right to suggest that I am saying anything contrary to fact to this Commission. Mr Treadwell: You know perfectly well that you arc. Mr Lysnar: I am stating the position according to the evidence. There were further interruptions at which Mr Lysnar remarked: If you don’t Jet me keep to my notes I shall bo going into next week. Mr Treadwell: We shall be very surprised if you don’t. Mr Lysnar: I promised to be home by Sunday night. Mr Treadwell: Then for goodness sake keep your promise. Sir John Findlay later said that by an arrangement with his learned friends he handed in the following letter from the Hon. W, Nosworthy (Minister of Agriculture): “With reference to page 1566 of the evidence given before your commission, what I meant Jjy the expression ‘outside ol Mr Lysnar and those who are actually the king pins of the company,’ was that in addition to thorn 1 wanted consideration for all the guarantors and the farmers without exception who were concerned. I cor lainly did not moan that Mr Lysnar and those who were actually the king pins of the company should bo shut out or excluded from consideratioil. That this was my moaning may bo seen by reference to the promise I got from Mr Jolly (at the end of the first paragraph of page 1565). I will give every man assistance that 1 can—that is every’ guarantor.” That letter, said Sir John, was to be regarded by the commission as if it had been sworn to by Dir Nosworthy as part of his evidence. That was agreed to by his learned friends,' Mr Lysnar: That is agreed. We have no objection. The Commission adjourned till to-morrow. The weekly meeting of the Economics Class of the W.E.A. was held in the Upper Oliver class room at the Universuy on Wednesday evening. The lecturer, Dr A. (1. Fisher', summarised various paints arising out of the lecture delivered a fortnight previously, after which members of the class took part in an animated discussion ns to the possibilities of so organising industry as to do away with unemployment, and oven short time employment. The subject for the evening, “Crop Variation and Sun Spots,” was then dealt with, (ho conclusion reached being that crop variations are a cause, but not the cause of the trade cycle, their importance having beoerno relatively less in modern times owing to developments of transport and the growth of international interdependence.