MARKETING OF BUTTER

Otago Daily Times, Issue 21690, 7 July 1932, Page 9

MARKETING OF BUTTER

PATERSON CONTROL PLAN UNWORKABLE IN NEW ZEALAND(Pek United Press Association.) WELLINGTON, July ®- Reasons why the Australian system of an export bounty on produce known as the Paterson Plan would not work-in New Zealand were explained to the Dominion Executive of the Farmers Union to-day by the secretary of the Dairy Export control Board (Mr T. C. Brash). Mr Brash said the Paterson Plan was designed to keep up the price of butter in the local market. vJn New Zealand, the farmer" was being asked to. sell butter at less than it cost him to produce it. The Paterson Plan would be of. no. Use to New Zealand for the reasOn that New Zealand exported all but one-sixth of he r butter. Australia, on the other hand, exported only one-third of her The’ dairy producer in Australia, Mr Brash said, was not having a very difficult time in the best districts. This yea r the Australian dairy farmer would be getting as much as Is 5d a pound .for butter-fat compared with lid or la which the New Zealand farmer would receive. That was due partly to the Paterson Plan and partly .to the exchange, i For the Paterson Plan to be of any benefit to New Zealand it would be necessary to send the price of butter up so high that the public would not stand for it.