THE MEAT PAYMENTS.
THE NEW ARRANGEMENTS. WILL RELIEVE FINANCIAL POSITION. Sir Joseph Ward’s statement, telegraphed from' Wellington, that the Imperial authorities have made fresh arrangements for the payment of New Zealand meat has been received with satisfaction in Christchurch. It is believed that the arrangements will greatly relieve the financial position as far as meat is concerned. When the contract for purchase was made tho Imperial Government paid on shipments. The result of this was that a vast accumulation of moat in store remained unpaid for until shipment was made. Representations to tho Government resulted in its agreeing to pay for 75 per cent of last season’s meat in store and for 42.91 per cent of tho present season’s .up to May 31. Now, evidently in response to further representations, it has agreed to pay 75 per cent on all meat in store, after it has been in store for three months. This will bo a relief to tlio community generally, as well as to meat producersSir Joseph* Ward’s message states that the Government also has agreed to remove “ tiro restriction on 80,000 tons measurement or any other quantity.” Representatives of local freezing companies do not understand what this refers to.
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https://paperspast.natlib.govt.nz/newspapers/TS19180828.2.37
Bibliographic details
Star (Christchurch), Issue 12408, 28 August 1918, Page 5
Word Count
201THE MEAT PAYMENTS. Star (Christchurch), Issue 12408, 28 August 1918, Page 5
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