BUTTER MARKET

Poverty Bay Herald, Volume LXI, Issue 18313, 3 February 1934, Page 11

BUTTER MARKET

MISCHIEVOUS PROPAGANDA SUPPORT FOR N.Z. At a meeting of tho Conservative Parliamentary agricultural committee, writes tho agricultural correspondent of tho London Daily Express, it was stated that while New Zealand butter was selling in this country at 7d a lb* the price in New Zealand was 2s 3d. This is a tyre of misinformed and mischievous anti-Empire propaganda spread by people who are evidently at a loss to find any other excuse for the torriblo state of tho home dairy industry. These qre the facts. Now Zealand butter is lid to Is 2d a lb. in England, according to the class of shop. Five weeks ago, when the price liore was higher, butter in New Zealand was being sold at lid to Is a lb.

“The buttor market in Great Britain is being damaged by cheap sales. That, is because there arc supplies from Hi roe sources —Britain, (lie Empire, and foreign countries. There is room'in tho market for Britain and the Empire, but not for the foreigners, .who aro increasing their exports to us and accounting for more than half of our imports.

“In eleven months Russia has increased her exports of butter to us to a figure six times as largo as last, year. Holland’s figures are ' three times ns large as last year. If foreign butter were prohibited or dealt with by an adequate tariff there would be four nnd-a-lialf million cwts. a year leil'S on British markets. Itwould have the effect of raising home and Empire butter pi’ices to a remunerative level.”