BUTTER IN CANADA.

Waikato Times, Volume 109, Issue 18342, 30 May 1931, Page 7

BUTTER IN CANADA.

RETAILED AT 11d. PER LB. AUSTRALIAN STOCKS RELEASED. DEALERS MAKE £360,000, United Press Assn.—Elec. Tel. Copyright. (Received May 30, 11.35 a.m.) OTTAWA, May 29. Answering questions from Liberal members during the discussion on the agricultural estimates to-day the Minister of Agriculture (Hon. Robert Weir) said the price of butter in Canada on April 21 was 22 cents (lid) per lb.. On that date 10,000 boxes of butter, each weighing about 501 b. were released from consignment at a price lower than 22 cents as agreed upon between the Australian and Canadian Governments, but the Minister had no information as to the exact price. There were no imports of Australian butter in May. Mr J. F. Pouliot (Liberal) stated that in the election campaign the Conservatives promised to raise the prevailing price of butter from 22 cents to 40 cents, per lb. This was to be done by raising the tariff. They plugged the tariff in order to adjust the price of butter, but its only effect was to yield a profit to the owners of cold storage plants, who had stocks on hand. The price went up two cents per . lb. but the difference did not .go to the farmers. The dealers in dairy products had made about £360,000. ,