PRODUCE MARKETING.
SHAREHOLDER’S ASSERTION. COST OF NEW POLICY.’ Speaking at the annual meeting of shareholders of the Tokomaru Dairy Co., yesterday, Mr L. Wilton said that Government control of the dairy industry had cost the Tokomaru suppliers about .£3OOO. That was to say, he added, had the company’s produce been sold on the open market instead of at the guaranteed price the suppliers would have been £3OOO better off. “That’s what the Labour Government has done for us,” he stated. “They promised us a premium of lid per lb over butter factories; yet we have been compelled to say in our report to-dav': ‘lf the Government honour their promise—.’ I say that if they don’t every cheese company in the country will be compelled to close down.”
The chairman (Mr J. R. Whyte) was still hopeful that there would be a further payment, but Mr Wilton was not inclined to be so optimistic. “They have promised 2d a lb premium for this year; I say twopence per lb, perhaps,” he declared, amid laughter.
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 212, 7 August 1937, Page 8
Word Count
173PRODUCE MARKETING. Manawatu Standard, Volume LVII, Issue 212, 7 August 1937, Page 8
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