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FARM AND DAIRY.

NEW ZEALAND LAMB IN AMERICA.' The articles appearing in the Globe on the arrival in New York of New Zealand lamb are to hand, and with characteristic headlines the paper draws attention to its enterprise, and at the same time charges American firms with profiteering. The paper in one of its ■articles states: "The entire deal covers 36,000,000 pounds and involves an investment of more than 7,000,000 dollars. Its significance lies in the fact that with one blow it smashes and establishes a fixed figure for future operations for a contracted period of seven months, covered by bonds and the other fool-proof devices essential to steadiness and stability. There will be 110 dairy fluctuations of price; no crazy ups and downs; no grasshopper leaps from low to high and back again, without rhyme or reason. The retail dealers with facilities kfor handling 1000 carcases or more per month will buy their meat at the rock bottom wholesale price under an agreement covered by bond not to dispose of any of their purchases to speculators or the wholesalers whose interest in the Globe project is not and cannot be sympathetic or helpful, but whose hostility 'from the start must be counted upon to express itself in furious, persistent and perhaps criminal opposition." The paper goes on to show that organised labor was keen to support the movement. "If the mere announcement of the Globe's purpose has caused a reaction of such extraordinary character," the paper asks, "what will the continuous flow of fancy New Zealand lamb, and when the time comes also mutton, through the stores of tne Globe s retail friends bring about? I, f° r c ' ne > Mr. A. W. McCann, the writer of the article, "hardly know how to forecast the future, but 'I don't see how the profiteer will manage to survive the effects of this greatest of Globe movements." , . . And so the Globe continued for days with long articles denounev.-.g the American trusts and extolling the advantages of the scheme initiated by the paperNew Zealand at least received (i splendid advertisement for its lamb, anil it seems cleai*that a big meat market is open to New Zealand in America if we de- ! s i re to take advantage of it.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19200713.2.72

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 13 July 1920, Page 7

Word count
Tapeke kupu
377

FARM AND DAIRY. Taranaki Daily News, 13 July 1920, Page 7

FARM AND DAIRY. Taranaki Daily News, 13 July 1920, Page 7

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