THE MEAT TRUST.

Taihape Daily Times, 6 September 1919, Page 2

THE MEAT TRUST.

I CATTLE KING CONFIDENT, { EFFECTS 0? DROUGHT. En route -to. Anrericu, there arrived in Auckland by the Ni:1gz11':1 yesterday Mr W’. Kidman, known throughout Australia as “the Cattle King.” i Speaking generally as to the cattle unarket in Australia. 3111' Kidman said that the present season was one of the worst on record, the continued Cll‘\' ;».;<on having most drastic eiifegtg 0|“ :llt.‘(‘.[> SlEl-H01?-‘SI, [and Eunlesf-s plentiful ains were experienced before :\'ovem ber .>\ustr:lli:ln siirtioii owners ~.\-011111 ‘be faced with a crisis. The drought had resulted in serious devustai-i._... among the sheep, and he instanced one of his own runs in the \Vest D:ll‘fillg‘ i(‘0l1I1lLI'_\;'. where the -Jiverage number of sheep put. through at the shearing was 20.000, :1 number whie‘h had been redueed by‘ quite 50 per cent. High. prices were ruling on the fat stock market, and there w.'.\.s :1. diiiiculty in supplying the demand in that respect. Much of the cattle oil’e=:ilig' was comprised of medium and plain sorts, owners being induced by l?l§1‘l1 prices ruling to consign to the butehel'_ .Rei.’el'ring to the opuerations of the Meat Trust, the cattle mtignute .=—tate(l that though he was interested pr.‘-nla2'il)' with live stock, he did not ‘think it probable if proper precautionary nicesures were exercised, for the Trust to monopolise the Australian markets. He based this contention on the fact that there were so mony well established markets in Australia all working; inde-' pendently of one another, and there would -be great diffieumes in linking them up. '