A WARNING

Rotorua Morning Post, Volume 2, Issue 383, 18 November 1932, Page 5

A WARNING

(Press. Assn.-

OVER-PRODUCTION N.Z. MUST NOT PUT ALL EGGS INTO ONE BASKET NEW MARKETS NEEDED

— By Telegraph — CopjTlghf).

Stratford, Thursday. In opening the Stratford Show today, the Hon. R. Masters, while expressing satisfaction at the inerease in production, said that the question of what to do with produce merited ! serious consider'ation of farmers. | Great Britain- was probably having ! the most anxious time for many years j and one. eould not but express- sympathy with her in the unforunate position in which she found herself. Relief had been given as the result of Ottawa both as regards production and quantative restrictions of foreign produce. ! This had been extended for a per- ; iod to Dominion meat, and in view ! of the tremendous inerease in the j amount of dairy produce going to Great Britain, possibly quantative restrictions might be demanded for foreign and Dominion supplies.» Ther-e was an increased production of butter and cheese of 35,000 tons in Austr'alia and New Zealand this year, and all was going to the British market. Unless New Zealand and Australia attempted to find new markets, they were going to he well up against it.

Trade With East Speaking of the neeessity of finding new markets in the East, Mr. Masters combatted Mr. W. Goodfellow's statement made at a Taranaki meeting on Monday, that no adequate market was available in the East, as the teeming millions there were unable to buy. Mr. Masters said it was true that in the East, millions were poverty stricken. However, he said, the fact remained that eastern countries last year took millions of pounds worth of milk products, made up of butter, powdered and condensed milk. Those responsible for the marketing of New Zealand produce should use their utmost endeavours to secure a share of that trade. As each year passed the opportunity would he more difficult. The New Zealand Co-operative Dairy Comany was at present represented in several eastern markets, that company sending butter and milk powder to the East. "I say there is a market for butter, cheese, wool, meat, hide, skins and fruit. I want to impress on New Zealand farmers not to put all their eggs in one basket, more- especially as the principal market is being rapidly over supplied.