UNSEED OIL BURNED

Otago Daily Times, Issue 26530, 4 August 1947, Page 5

UNSEED OIL BURNED

REFUSED TO TAKE LOW PRICE COMPLAINT FROM ARGENTINE N.Z.P.A. Special Correspondent LONDON, Aug. 1. A boast that he had burned linseed oil rather than sell it at low prices was made by Senor Miguel Miranda, according to a report from Buenos Aires. Senor Miranda, who is the new chairman of the Argentine National Economic Council, complained of the “ bad bargain ” in the meat deals with Britain. He blamed Argentina cattlemen for not holding out for six months to get higher prices. He lamented that they would not wait, and said his tactics would have been different. “ I ask myself,” he said, “ what would have happened if I —with the energy which characterises me—had not been prepared to burn linseed oil rather than sell it at low prices.” Senor Miranda also revealed that Argentina’s grain was rotting and already 500,000 tons had perished. This was because Argentina workers had staged “ a sort of go-slow.” Transport became jammed, the situation at ports was a “ calamity,” and the grain was rotting.