FARMERS' PROFITS.

Taihape Daily Times, Issue 160, 26 August 1916, Page 4

FARMERS' PROFITS.

A PAPER MAN ON TRADE. "It's all very fine for people to sit at the table and make huge fortunes on paper,'' said Mr J. R. Triggs, the Conciliation Commissioner, at Invecargill on Tuesday when summing-up the dairy farmer's position (says the "Southland Times'"). ".Since the outbreak of hostilities," continued Mr Triggs. "fencing wire had increased in price 120 per cent, seeds had gone up 50 per cent, while manures showed a 33 per cent rise. So much for the increased cost of milk production. Materials used in the manufacture of ehee3C, again, had risen-in price 20 per cent, marine freight was up 25 per cent, while the insurance rates had increased by 200 per cent, with the resuls. that, ever with the big rise in cheeseprices, the producers laat. season ha 3 made a net profit of only 7 per cent, so that the net gain to the farmer worked out at about 3? per cent p|fk annum. . -.J*