REGULATION OF EXPORTS.

Waikato Times, Volume 100, Issue 16780, 23 April 1926, Page 5

REGULATION OF EXPORTS.

+ ADVANTAGES OF CONTROL. SYSTEM OF STEADY SUPPLY. (By Telegraph—Special to Times.) WELLINGTON, Friday. “This get-rich-quick policy of trying to do too much at once often lauds a country like an individual, in trouble,” declared the Minister of Finance (the Hon. W. Noseworthy) at tiic Chamber of Commerce dinner last night, in advocating a steady, hardworking, progressive policy in regard lo the shipment of our produce. Both Hie meat and dairy control boards, set up to regulate shipment of produce, said Mr Nosworthy, had already had an advantageous efTcct upon Hie Dominion. “Wc should feed the London market,” he said, "with a regular and even supply of our produce, in preference to ihe old system of dumping—sending four or five ships, all loaded to the hatches, to arrive at Home ports together—as happened last season and ihe season before. That is not the way to secure steady, even tenure of the market. Commerce is like Ihe individual. A steady, hardworking, progressive policy that is content witli a fair tiling is the policy that in the long run will make the nation, as it will (lie. individual.”

STATEMENTS REPUDIATED. THE PURPOSE OF THE BOARD. LONDON, April 21. The London reprcscnlalivcs of ihe New Zealand Dairy Hoard repudiate statements emanating from New Zealand lo the effect that I lie compulsory marketing scheme which is to begin on August 1 will mean a daily fixing of Hie selling price of butter and extracting Ihe last penny from Ihe consumer.

The board’s view is that such a policy would defeat the purpose of its existence, which is to encourage ihe consumption of Dominion products, stabilise prices, ensure more satisfactory returns and stimulate production. The success of that policy would be. impossible if the board antagonised. Ihe. consumers in tlie manner suggested. The purpose of Hie board is to enable New Zealand farmers to meet world competition in England. In the past they have been at Ihe mercy of speculators wtio took advantage of irregular shipments and alternating gluts and shortages to manipulate prices, frequently driving consumers to buy margarine. The hoard’s aim is to check that by regulating supplies.

ABSOLUTE CONTROL. SUPPORTED AT PAIIIATUA. PAH I ATM A, Friday. A largely attended mcoling of dairy farmers was addressed by Mr Grounds. A resolution was carried supporting I,lie hoard’s policy of absolute control and urging that it bo given effort to forthwith. Numerous questions were answered, including several by representatives of the Free Marketing League,