"GLAXO" SUPPLY.

Matamata Record, Volume II, Issue 100, 3 October 1918, Page 1

"GLAXO" SUPPLY.

Mr Pacey Addresses Suppliers. About 70 suppliers attended a i meeting addressed by Mr H. E. , Pacey, at Matamata on Monday, the chairman- of the local committee, Mr I. H. McNair, presiding. Mr Pacey, in the course of his J address, said he had hoped to be I in a position to make a definite ] statement regarding the balance i to be paid on last season's supply, J but unfortunately circumstances I had prevented this. He believed that the association's Manawaru factory prices were the best known at present, and application in the terms entered upon had been made for 2d per pound over that factory's payment of two shillings and nine-sixteenths of a penny per pound. However, questions had been raised as to the manner in which the payment had been arrived at, the dispute being in connection with something alleged to have been brought forward from the previous year. Consequently he was unable to make a definite statement as to what was forthcoming to the " glaxo " suppliers. Mr Pacey then went on to state that part of the business of the meeting would be to nominate a butter and cheese factory for basing next season's payment on, and he could recommend no better than for the suppliers to rely on the Dairy Association concerns. The suppliers would notice that although the conditions were that one or the other products should be nominated, the concession of allowing both had been obtained. He had hoped that he would have been able to get the nomination delayed until the end of the season instead of the beginning, but so far this had not been granted. He was continuing his endeavors. In the meantime the suppliers bad better nominate. Mr Pacey then ..referred to the matter of the shares, of the company, suggesting that it may benefit the shareholders in view of the proposed inauguration of a system of electing directors under the Ward system, to convert their i C shares to D. He explained that if the Association failed to get the Ward system introduced it would save confusion if the shareholders who supplied to glaxo factories all had D shares, so that a " glaxo " director could be elected to represent them. To introduce the Ward system, unanimity amongst the shareholders would be necessary. The speaker then touched upon the matter of the lorries and the damage to roads alleged to have been done by them. Considerable difficulty had been experienced in connection with the roads and several meetings had been held in which to make a settlement with the county 1 councils. This had been arrived at in connection with the past season, but although the association had represented honestly that other reasons were partly responsible for the bad roads, the councils had ordered the utilisation of lighter lorries. The latter had been ordered, but unfortunately were not to hand, being still on the seas. Application had been made to the local bodies for the consent for the temporary use of the heavier lorries, but it had been refused. Thus a dead-end was created, and at present he could not say what would be the manner of dealing with supplies of milk from districts away from the factory. Before concluding his remarks on the " glaxo" supply, Mr Pacey referred to the excellent work done by Mr McNair and the local committee. Their assistance had been given without measure and ungrudgingly. It had been a great help to the officials in Auckland, and, on behalf of the directors, he felt bound to state their appreciation. In referring to the prospects for the butter and cheese industries for this season Mr Pacey said he confidently expected that the payments would be a trifle better than last year's—a halfpenny per pound on butter. Indications pointed that way. While in Australia three months ago he had been informed that the Australian settlement with the Imperial authorities in connection with last season's balance

had been made, and it was somewhat of a perplexity that New Zealand's settlement had not even been arrived at yet. QUESTIONS. Questions were then invited and in reply to one, Mr Pacey stated that it had been alleged that the earnings at the Association's Manawaru factory did not belong entirely to last season. Deducting the amount in dispute the earnings would amount to about Is lid per pound butter-fat. Mr R. Hope said he believed the Tamaki factory had paid much more than that amount; and just about as much as the Manawaru factory intended to pay. Mr McNair said that there was a question of a town milk supply in connection with the Tamaki factory. It was decided, on the motion of Mr J. H. Wilson, seconded by Mr G. Duxfield, that the N.Z. Dairy Association's best cheese factory and butter prices be adopted as a standard for next season's payments. Mr Pacey explained that he would endeavor to investigate the Tamaki factory's prices, and the association directors could be depended to act in the best interests of the suppliers with the contractors. The matter of the Ward system of election was then discussed, several shareholders speaking in favor. On the motion of Mr Banks, seconded by Mr Schwarz, it was decided that the meeting was in favor. NON-SHAREHOLDERS. In answer to a question, Mr Pacey said that a supplier who did not take up shares would forfeit to the association one half-penny per pound butter-fat for the past and present season. Mr Banks : They will be making a present of Hd per pound to the association. ELECTION OF COMMITTEE" The election of a local committee was proceeded with. There were four nominations, Messrs I. McNair, E. Green. J. Ryan (Waharoa), and J. H. Wilson. The three former were elected, with Mr McNair as chairman. ADVANCE PAYMENTS. To Mr McNair, Mr Pacey said he could not make any statement at present as to the advance payments to bo made for " glaxo" this season. He would be able to do so when the butter and cheese prices were fixed. AMALGAMATION. A question as to whether any amalgamation proposals were being entertained was asked, and in reply Mr Pacey intimated that negotiations have been taking place. The Dairy Association was quite willing to negotiate, but the position did not appear hopeful. He was not prepared to say more. TWICE-A-DAY. Mr Pacey could not say if any extra Hd per pound would be paid for the coming supply to those who took their milk twice a day. The terms of the contract were that all summer supply should be taken to the factory both in the mornings and evenings. This matter was also hung up. WAHAROA FREIGHT. To Mr Barker (Wardville): He had not the figures with him so could not tell him the last year's cost of conveying milk from Wardville and Waharoa to the factory at Matamata. THANKS. The meeting concluded with votes of thanks to Mr Pacey and the chairman.