THE BUTTER CRISIS

Poverty Bay Herald, Volume LX, Issue 18057, 6 April 1933, Page 11

THE BUTTER CRISIS

IMPORTERS’ ATTITUDE RESTRICTIONS IMPERATIVE (Per Press Association.) WELLINGTON, this day. The Dairy Produce Exporters’ Association tiiis morning considered tln» following cable message from the New Zealand Dairy Produce Importers’ Association, in London: “Importers are very concerned regarding the present disastrous state of the butter market and the future prospects, as, if we are to receive tho same Quantity of. foreign butter as last year wo fail to see how tho total supplies can be absorbed, except at prices lower than those ruling. While the opinions of importers differ regarding tlie policy of proposed restrictions on Dominion butter, the good faith on either side has never been doubted, and we are unanimous in staling that any opinions expressed have not been actuated by personal interests. At a joint meeting of the New Zealand and Australian associations held to-day a deputation was appointed to interview the Minister of Agriculture to petition for a restriction of foreign supplies.” Discussing tho advice, the Exporters’ Association members expressed satisfae turn that the cable message entirely contradicts the statement of the actingchairman and tho secretary of the board to tho effect that some importers were acting from «a point of vie\v of selfinterest, rather than the interests of industry. “The issues at stake are so vital and important to New Zealand that any further suggestions of sectional interest are to be deprecated,” it was stated. „