BUTTER EXPORT QUESTION

Waihi Daily Telegraph, Volume XXX, Issue 8444, 25 March 1933, Page 2

BUTTER EXPORT QUESTION

RESPONSIBILITY FOR RESTRICTION PLAN ONUS NOT WITH BRITAIN Australian and N.SS. Cable. LONDON, March 23. Government circles give an emphatic denial to the Daily Herald assertions that Britain inspired the butter restrictions. It is reiterated that New Zealand initiated the restriction plan. Britain is not wedded to restriction, and would gladly consider an yscheme to raise pricesj but the Dominions offer no alternative to restriction. Britain would readily agree to the Dominions sending unrestricted exports but the Dominions’ prices would inevitably be jeopardised. If. is pointed out that restriction of foreign butter without Dominion reduction would defeat its own object, because foreign dairy Imports had dwindled in the past few years, whereas New Zealand and Australian had vastly increased.