Gordonton, July 17, 1935.

Waikato Times, Volume 118, Issue 19633, 20 July 1935, Page 9

Gordonton, July 17, 1935.

(To the Editor.) Sir, —The Labour Socialist Party proposes to guarantee the producer a payable price i'or his butter, meat and wool, and to resell the same at market price. Tlie proposed guaranteed price is admittedly in excess of the marked price, thus the loss will have to bo made up by the people of New Zealand. To gain support for Ibis policy Labour speakers assert that guaranteed prices already prevail in New Zealand. They point to the ‘'guaranteed price" lo milk vendors by the "Wellington municipality. This is not at all analogous, because the city whjlc giving a definite price for the milk, fixes its own selling price to produce a profit. This could not bo done under the party’s scheme, for the selling price is entirely beyond its control. Fixed taxi fares arc put forward as another example, but this also is an entirely different matter. The number of taxis is limited by licenses; the scale of fares is lo protect the public, and in no case docs the municipality guarantee the fares. The purchase of Dominion produce during the war Is equally wide of the mark, for the Imperial Government, as purchaser at a slated price, was purchasing for its own use, not for export. Again, Ihe schemes for assisting farmers in England arc confined to produce consumed locally, and not for export. To represent l heir policy of guaranteed price as equivalent lo the above instances is definitely misleading I lie people.—\\Y are. ele.. X.Z. WEL FA 11M LEAIiUE. Wellington, July 17, 193. i.