FARMERS’ DEBTS
ORDERS ON CREAM CHEQUES.
COMPANIES’ ATTITUDE.
The practice of many dairy farmers in giving their creditors orders on dairy companies against their cream cheques is a sign of the times, and one that is not liked by the companies. The matter promises to be very fully discussed at the National Dairy Conference to be held at Palmerston North on June 21 to 23. The list of remits includes six dealing with the One company says that tnere has been a great increase of orders on cream I cheques, in some cases amounting to i nearly 50 per cent, of the total monthly pav-out of a dairy company. The remit of the N.Z. Co-operative Dairy Company, Limited and that or the Northern Wairoa Company propose I that the Government be requested to amend the Dairy Industry Act to empower dairy companies to reimburse themselves by retaining 2J per cent., if necessary, from the moneys paid ouv on account of such orders. , ■ "
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https://paperspast.natlib.govt.nz/newspapers/TDN19320524.2.115
Bibliographic details
Taranaki Daily News, 24 May 1932, Page 9
Word Count
162FARMERS’ DEBTS Taranaki Daily News, 24 May 1932, Page 9
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