THE BUTTER-FAT LEVY.

Taranaki Daily News, 23 December 1916, Page 3

THE BUTTER-FAT LEVY.

A SENSIBLE SUGGESTION. Owing to the diflieulty of shipping theii cheese at present, dairy factory companies are considering the advisability of reducing their monthly payout to Is, us it is necessary to obtain advances from the banks, some of whom even advise that the-monthly advance should be reduced to lOd. Under these, circumstances, Mr. Okey, M.P., ha. made a suggestion to the Minister of Agriculture to the effect that as the payment of the %d butter-fat levy will" press heavily on cheese factories at present, factories should Te allowed to give a note for the amount, payable on demand, without interest, the understanding being that the notes are to be presented when the cheese is shipped. This suggestion, the Minister promised to favorably consider. It is one that should find general favor with the dairying industry as a whole, particularly .is the butter factories who .eceive'the advantages of the levy are in the happy position of being able to get their produce away fairly regularly, and will not have to obtain accommodation from the banks to any unusual extent. As it was estimated that the butter-fat levy would run into about £300,000 for the season, the relief to eheese factories each month would be appreciable,