VESTEY MEAT COY.

Hokitika Guardian, 4 October 1923, Page 1

VESTEY MEAT COY.

MKAT HOAKD'S ATTITt l'K. [«Y TBr.EfiKAPJI—rK« ritKSS ASSOCIATION.] ciii;i.sTcii ruell. Oct. 3. .Mr David .hues, ('haiiin.'.n of the New Zeal,'mil Alcal Producers’ Hoard, made the following •-lateamm tn-iln.v with referem e to l lie urnpn-ed pe.r('omipatiy’s Freezing A\ (.r!•;.o by A e-tey and Co:—••'Idle le-ni ut a m pass"d 1 y tie Meal Heard in ei.mieet ion with, the exten.-ion of miT'oe meat interests, expressed clearly the mini! of the Hoard, and there has been no alteration in oar attitude. The statement made hy the cliairmau o! directors. Mr A\ . 1). Lysnar. sets out clearly that the directors were prepared to sell months am> to W-tuv and Co., if their terms were agreed to. One of the points in disnute was that their -learner. l!m Admiral (. od ri net on. shottld l.a included in the purchase. This was not a mailer oi principle, hill rather of principal. The other - t initial ion was the r: in to ficez.e their meat in the works mi certain terms, hut they considered it no sin to soil. My Hoard knew these negotiations were' Ink iter place, and made ottqtiiris to see uluit elleet the proposed sale would have oil the producers the district. There arc three freezing works within a rwenty mile radius of (IPhonic, c•ninp-et ing with one another. Two of them are farmers’ freezing companies works, namely, the Povcrt v Hay-Cishoriie Hhcepianrvrs. and Yestev and Co. Veste.v and Co's works are the oidest. and lliev ititeno ret:ui!di ng. AVe regret the financial position id Mr Lysnarb- works ( Poverty Hayt. I,nt wo have to consider the goneral policv of the Dominion. H they , ail a rial nee their tiimm-e. they can. <>( course, carry on. hut if they are unable to do so, and are forced into |i |iiidatioil, the (pu stiiy for the Hoard to (“oieider is: AVT the producers m Povcrt v Itav :•!• elsewhere he adversely aif-ctml if Veste.v and Co. close, and. dismantle their present works, ami. instead of rebuilding. purchase the Covert v Hay Works. The two remaining works, if this ha opened. could cc-il'. Ui 1 1 and free"' far more stock than b available. There would h-> no mnw»-

j.ole. The Dishorn" SheopfarmerV Cov is a farmers' canipany, and one V, hose doom are own to all. Tin y purchase no slock themselves, and v. mild welcome an im-rca-e oi hu-itm-s hv <•>;- porlers or iarmors. ’1 he Hoard has Keen nnnidmevslv of opinion tha-t it

could laise no reasonable ohiertion to '\ stev and ( o. pul cha-ing the i’ov n'ty Hay works if thev e!o-cd and dismantled their other works, some curat miles away. This they have agreed to do. If at those works in future, or at any other works in the Dominion, anythin*: is done which, in the opinion "I the Hoard, demands action, tlm i.oar* has power to deal with tit" matter, and to take whatever action is necessary t> protect the producer-.”