COMPULSORY AUCTION SYSTEM FOR PELTS TO BE ABANDONED
PARLIAMENT BUILDINGS, Nov. 30 (P.A.).— The Minister of Marketing (Mr. K. J. Holyoake) said tonight that it had been decided to abandon the compulsory auction system for pelts, which had operated for many years. This decision, said the Minister, was in accordance with the wishes of a majority of pelt exporters, whose views had been sought by the Marketing Advisory Council. There had also been close consultation with Federated Farmers and the Meat Producers Board. These organizations considered that the auction system could be abandoned without detriment to producers’ interests, provided exporters supplied to the pelt controller full details of the prices and quantities of pelts sold. Accordingly, an undertaking to supply such information would be made a condition for the issue of export permits.
The Minister said arrangements would be made to ensure adequate supplies of pelts to local tanners and regulations for this purpose would be gazetted shortly.
The Minister added that the results of this reversion to pre-war marketing methods for pelts would be carefully watched be the Government, particularly in view of the fact that pelts had become an important source of dollar earnings.
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Wanganui Chronicle, 2 December 1950, Page 3
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196COMPULSORY AUCTION SYSTEM FOR PELTS TO BE ABANDONED Wanganui Chronicle, 2 December 1950, Page 3
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