BLEEDING THE PRODUCER

Dominion, Volume 20, Issue 53, 26 November 1926, Page 3

BLEEDING THE PRODUCER

FACTS CONCERNING THE BUTTER SITUATION. Sir,—lt is really amusing to read the letter signed by the r\ew Zealand VVeli'are League in reply to Mr. Anderson uii price uxing. Any oaue person knows' well that al tile present time it is not a case oi supply ami demand, but it is a case oi luoley Street bleeding tb.a xt'evv Zealand dairy iarmer to the last drop oi blood, as the saying is. And, bn', iny reason for saying so is the difiereuce between the Danish and New; Zealand price of butter. ixow, tar, in New Zealand we have a. number ot returned soldiers (say nothing or tlie noble oues who will never reiiiru/, wno travelled 16,000 miles to what 1 was going-to say deicnd the British Empire, out 1 think it was to protect the 'looley Street' group so that they can hoard up mure money. What did Denmart do lor Britain while the war-was our Dili she sacrifice any of her soldiers ? Did she incur a heavy war deutr certainly not. She reaped the ijeuefit of. the high prices. Yet Tooley Street say they will give her 30 or 40 shillings a hundredweight more for her butter than they will give New Zealand because she (Denmark) has all to gain, and nothing to lose. .My above remarks apply equally to our beef trade ami the Argentine. Now, Sir. 1 want tho so-called New Zealand Welfare League to digest the follow, iug, so that they will see that they are the fools, and not Air. Anderson. , The chairman 'of the Bapk of New Zealand is reported to say farmers should produce more. It is good for tho country. Yes, Sir, it sounds nice. The so-cailed Welfare League prices are fixed by supply and demand—more production means longer hours and less pay. The so-called league says: No commercial man, bank, etc., can fix prices. Did you ever see such a silly statement? Go to the Bank of New Zealand or any other bank and ask them ..for a loan of £lO6O. say, at 4 per eent.—what would the manager say? "I can’t entertain that.” Go to the bank at Wellington with an Otaki cheque, although one is a branch of the other, the price is fixed—6d. exchange on a .I'l cheque. Go to the merchant for a ton of manure—the price is fixed- Th* same applies to bread, meat, etc. In conclusion, Mr. Editor, there is one more thing I would like to men. tion; that is, for the British people. They say (especially r to those who ar* paying a visit to the Mother Country), buv British goods. Then I .say. buy New Zealand and Australian butter, as they did all in their power to save vour country and your lives. I dont think it is asking much, and good luck to the Control Board, aiid may they succeed. Thanking you in anticipation.— I am, etc,, J- T - KENT. . Reikorangi, November 25, 1926.