VESTEY BROTHERS

Waikato Times, Volume 94, Issue 14583, 4 February 1921, Page 2

VESTEY BROTHERS

BRITISH COMMITTEE’S COMMENT. VERY WIDE INTERESTS. Some comment mi the operations of the linn of Vestry Brothers, Limited, which is doing business on a large scale in Hie northern districts of New Zealand, are included in Hie report of the British committee (haf investigated the meal, trade. "We do not Hunk it proper I . conclude this part of onr inquiry without drawing attention to Hie growth Of Vesley Brothers, Limited,'' j stales Hie committee. "The interest controlling Ibis British registered cump; ity coni cols also the 1 nion (.old s-tor- , age Go., Ltd., subordinate companies - with meat works in Argentina. Brazil, Venezuela, an,| Gliina; meat works operated by W. and B. 1-Tel.ehcr, Lid., in , Australia and New Zealand, and Nelson j Bros., Ltd., and the Comma!* Consign- ! ii'cnl and Distribution Go., Ltd., which j are large importers of Australasian j pi educe, and the multiple simp retail | companies of AV. and it, Elelcher, Lid., j Hie Argent it -Meal Co., Ltd., and Eastmans. I.ld. "They also own the Blue Star Line, ; Lid., of meat ships,, and do a large business in importing provisions, poultry and eggs from Gliina, and he fore Hie war they had ;1 similar irade from the Continent and Siberia. They are, consequently, an organisation of very wide scope. They do nol, of course, possess anything like a, monopoly, i cither local or general. No complaints were made'to us of their methods of, trading, and, although some witnesses ; expressed the fear that they might' enter into alliance witli the American , companies. Hie relations between the two parlies, at present, do nol appear i to he particularly friendly, in attempt- j in': t,o forecast the prospective course of the meat trade, the future of tliis amalgamation of interest cannot lie left out of account, an,i should they depart [ from their present policy of cure the consequences might be veryj serious.”