TRUSTS!

Dominion, Volume 11, Issue 257, 18 July 1918, Page 4

TRUSTS!

J MINISTERIAL ADVICE. t "Trusts" is a topic which has crept j into all recent conferences of farmers, p Yesterday the Minister of Agriculture ! touched on the subject at the Council of ; Agriculture. •"A great deal," he remarkJ ed, 'lias been raid about trusts and all i that kind of thing. Dr. Reakes and I j have been going into this matter for nearly three years now, and as a result of investigation there will probably bo , legislation introduced'into Parliament in ; this coming session to deal with the con- ' trol of freezing companies in this cowi- " try. Respecting the regulation of beef i audi mutton at the other end, I would „ like to snv a few word?. It is said tliau tho produce is getting into the hands of ' trusts at the other end. No farmer hero . need sell to any trust at nil. There is a price agreed on by the >iow Zealand , and Imperial Governments. and if farmers would onlv sell to the British bovl eminent through the New Zeaalnd Government, they have Ihe matte? in their „ own bands. You have to understand that. B a vcrv large number of the froeziiiff o works' iu this country arc built .with ® borrowed money, and you cannot mtiop duce legislation which will create hard* r ship. Tho proposed Bill is already drafted/and there will be safeguards for t lending institutions, and provisions not o to prejudice the erection of freezing It works." ■ .