LOSS OF CONTROL.

North Otago Times, Volume CVII, Issue 17168, 26 March 1927, Page 4

LOSS OF CONTROL.

Press Assoclation )

£106.00A ^BESENTED TO LONDON MERCHANTS.

HAMILTON, March 25. "'An examination of thc course o. the dairy market in the past len days shows that approximatelj £100,000 has heen presented tp London merchants by the Cuiitrol Board's restriction of its former policy," declared Mr Dynes Fulton, chairman of directors of tl$e New Zealand Co-operative Dairy Company, in a statement to-day; Mi Fulton said it was nov; poSsible tc summari.se thc outcome of what he described as a press and commercial bluff that had been "put across" thc Dairy Produce Cnntrol Board. Recently prices had been reduced snd London imnorters bought heavily. Now they had obtained possession prices had gone up again considerably and the net result was that a heavy loss of £100.000 had accrued to the. Dominion producers. At a meeting of the Soutb Auckland Dairy Association lield to-day, a resolution was passed: "That this meeting of members of the assnmation resppctfullv requests the Ccn [trol Board to call o meeting of rvoducers' repr^sentatives as early as nossible to discuss ihe position lliat has arisen in regnrO |0 thc Dominion's prnduce a"d that all memhers I of the Cnntrol Boavd now in New Zealand be nresent."