CHEAPER BREAD

Taranaki Daily News, 31 July 1931, Page 9

CHEAPER BREAD

EFFECT OF GROWERS’ OFFER. , ■’ 1 ■ . ■ ■ SUGGESTION IN CANTERBURY. “If the Government accepted the growers’ offer to sell wheat at 4s 9d per bushel, arid the miller and the baker each took his share of the sacrifice, the price of a 41b loaf of bread would be reduced by one penny next year, and probably by a further penny in the following twelve months.” This prediction was made by Mr. William Machin during an address before the Junior Reform League at Christchurch on the wheat situation. “The miller,” said the speaker, “has agreed to give up 10s per ton on his price for the conversion of wheat into flour. The bakers are agreed that if they can have the benefit of this cut they are themselves prep"ared to give a halfpenny a loaf. The former has already offered his contribution in the reduction of the price of his wheat to 4s 9d per bushel. We are sure that th’se cuts in the aggregate will make possible a reduction of one penny on the 41b loaf.” Inquiry showed that the cost of delivery in Christchurch was no less than 2d for every 41b ’ loaf. “If we could only find some way of cutting these costs and reducing labour costs,” he added, “we could probably bring the price down more, but you can t take it all off the farmer. We might start with a penny reduction next year, and probably within the following twelve months another penny would come off.”