A BRIGHT FUTURE.

Taranaki Daily News, 7 August 1916, Page 3

A BRIGHT FUTURE.

PROSPECTS FOR THE DAIRY INDUSTRY. At the annual meeting of the Mango:vi Dairy Company on Friday. Mr. A. Morton,' chairman of directors, made ■pnie interesting remarks relative to the prospects of the dairying industry. He believed that for some time to coine the future would be a bright one. As long as the war lasted, high prices would rule, and though more costly to produce and market, yet the higher gross price would leave a larger sum for suppliers than had been paid in the past. During this year suppliers received 2>/ ; d per lb more for butter-fat than ever previously. The principal factor in connection'with high prices was the condition of the working classes at Home. This was «t present very much better than it had ever been in the history of the British Empire. All the men were fully employed and were receiving extraordinarily high wages. After the war it would' be very many years before its ravages could be made good, and it would be industrial labor that would accomplish that end. All the shipping and buildings that had been destroyed had to be replaced. This 'would take many years, and would keep the industrial workers in a prosperous condition. Prospects, therefore, for our products, ■nut particularly for butter, were very good. As far as cheese was concerned, the conditions were different. The British Army has been largely fed on cheese. Millions of men have received a daily ration of cheese who probably never tasted cheese before, and when the termination of the war caused consumption to drop, the prices would not keep ■up in the same ratio as would butter. He believed butter prospects were infinitely better than cheese, provided the war ended in the near future. i