PRICE OF FERTILISERS
STATEMENT BY MINISTER. (Per Press Association). WELLINGTON, July 8. Hon. W. Nosworthy, Minister of Agriculture, regrets the injustice done to Mr. M. Harding, manager of the Farmers’ Fertiliser Company, in assuming that he was connected with the new Farmers’ Party, but reiterates his statement regarding Messrs Ross and Duxfilcd, who are prominent members of the organisation which complained of high prices, both being on the directorate of manufacturing concerns. The Minister says it is idle to deny that he brought pressure on the companies to effect reductions in selling prices. The Government had done its part to help to lower the price of raw material and secure a corresponding reduction in the selling price. After perusing the company’s balance-sheet, the Minister says that what concerns him was the price the farmer had to pay for manures in order to wipe off losses of the company due to serious mistakes during the erection of the works, also to enable it to achieve a substantial profit. Another aspect of the matter was the action of the manufacturing companies in refusing to allow wholesale purchasers to sell below the scale of prices to farmers.
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Bibliographic details
Wanganui Chronicle, Volume LXXXI, Issue 19057, 9 July 1924, Page 8
Word Count
194PRICE OF FERTILISERS Wanganui Chronicle, Volume LXXXI, Issue 19057, 9 July 1924, Page 8
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