DAIRY CONTROL POLICY.

Taranaki Daily News, 6 May 1926, Page 10

DAIRY CONTROL POLICY.

‘ REFERENCES IN ENGLAND. London, March 27. At the annual meeting of the Home and Colonial Stores, the chairman, Mr. H. G. Emery, had a good deal to say about control—he was referring to Australian and New Zealand dairy control. Since Mr. Emery has supplemented his remarks by writing: “Where I consider the control board is wrong is in thinking that the -holding up of supplies, and thus ignoring the law of supply and demand, is going to give it the highest possible prices. In the year 1920, the entire colonial production was bought by our food controller and brought to this country. The price paid averaged about £2OO a ton. Rather than sell at a loss (on its arrival here) it was decided to store, with the result that large quantities were sold in 1921 showing a loss of several millions of pounds.’ A number of references to the New Zealand Dairy Control Board have recently appeared in provincial papers. These seem to have been founded on a series of articles which have appeared in -an American magazine. The public are told that “under a system of complete control, which it is hoped will begin to operate next August, it is intended to regulate shipments to prevent market flooding, to divert, if necessary, products under control into the most efficient selling channels, and to prevent overloading on London, the main market. Naturally Americans are following the experiment with close attention as. if successful, it, will have considerable effect on the New York market.”