MR SEDDON’S MEAT SHOPS SCHEME

Gisborne Times, Volume X, Issue 980, 28 August 1903, Page 1

MR SEDDON’S MEAT SHOPS SCHEME

FURTHER COMMENTS. (New Zealand Herald.) London, July 17. Many of the London and provincial papers continue to find matter for comment in regard to the New Zealand Premier's scheme for the establishment in various centres of this country of shops for the sale of New Zealand meat. Interest in the subject is displayed oven so far north as Aberdeen, one of the most prominent leading papers published in that city having based a leading article upon it”. Under the heading of "Buy!

Buy ! ” a London paper, the New Age, says :—“ Seddon, 1 the Chamberlain of the Antipodes.’ has been explaining his big butchery scheme. It is not so very big after all. To establish it will require only the modest sum of £20,000 not large enough to be the pretext for a new loan. This is disappointing. In our mind’s eye we saw in the list of New Zealand securities, 1 Pour per cent. Meat Loan, secured by the hypothecation of carcases in the docks.’ He does not mean to do a • cutting trade.’ His only wish is to make Now Zealand meat better known. He appears to think that the more it Jis known the better it will be liked. Perhaps he is right. Let him not, however, send too much, or the 160,000,000 * golden sovereigns ’ may grow to a number still more astonishing.” “ There has been a piquant development of Mr Seddon’s intervention in the coldstorage business in New Zealand,” says the Westminster Gazette. “It is repre-

aonted that a strong syndicate has been engaged for some little time past in promoting in New Zealand and in London a company with a capital of .£250,000, to sell New Zealand meat in this country, and it is not surprising to read that the London; representative of the syndicate has cabled out that Mr Seddon’s scheme for the sale of New Zealand meat under the direct auspices of the State in this Kingdom is injuring the prospects of flotation. A deputation besought Mr Seddon to suspend his schemo in favor of tho company’s enterprise; but it does not appear to have got much in’.the way of substantial 'change out of ‘ King Dick.’ According to the cable message, he declared that 1 the Government’s proposals did not warrant any anxiety in Knglsnd, and that the alarm was only among the people who were making large profits.’ He added that the Government would do nothing antagonistic’ and would give reasonable assistance to this or any other company ; but he had to be careful not to say anything that might be used to help any company to float its situation is decidedly interesting.’’-#

ueuiuouiy *A*«&*ww«<**-*b» jr It would seem thav the project of New Zealand to establiab/shops for the retail of New Zealand produce is causing considerable trepidation among wholesale dealers in Argentine mutton. News reaches me from Cardiff that a certain large River Plate meat firm is selling New Zealand lamb at a low price there to those of their cnstomers who purchase River Plate mutton. This is regarded as an attempt to anticipate the New Zealand scheme.