PRICE GUARANTEE
DAIRY PRODUCE REPLY TO MINISTER SALES FOR STERLING PAYMENT COMPARED (Per Press Association.) WELLINGTON, this day. ■•Had Hit: New Zealand fanners been left in possession of their own produce and able to dispose of it through their own organisation, they and not the New Zealand Government would have enjoyed the advantage of being able to have good English money, which would have represented a better advantage than any received under the guarantcd-pricc scheme,” said the Hon. Adam Hamilton, the Leader of the Opposition, in commenting last night on the statement made bv the Minister of Finance and Marketing, tire Hon. W. Nash. “This morning the Minister of Finance has suggested that the dairy fanners would have been ,£3,000,000 worse off without the guaranteed price,” said Mr. Hamilton. "No manipulation of figures can give such a result. “The farmers know that their produce is being sold for British sterling and that they are being paid in the depreciating New Zealand currency which is steadily losing its purchasing value.”
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20091, 10 November 1939, Page 4
Word Count
169PRICE GUARANTEE Gisborne Herald, Volume LXVI, Issue 20091, 10 November 1939, Page 4
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