WEALTH FROM FARMS.

Taranaki Daily News, 23 June 1922, Page 4

WEALTH FROM FARMS.

DAIRY INDUSTRY EXPANDING. COMPETITION IN MEAT. P|RIME MENIISTER OPTIMISTia. By Telegraph.—-Press Association. Palmerston N., Last Night. A note of optimism was sounded by the Prime Minister in a speech here tonight. Mr. Massey said the increase in the dairy industry during the last four years represented £5,000,000, and it was beyond doubt that the Dominion was becoming the dairy farm of the Empire. Aa to cheese, New Zealand’s reputation suffered during the war, but it was coming into its own again. Referring to the Meat Control Board, he said the Government had no intention of interfering with operations, recognising that Government interference with Indus try in times of peace was inadvisable. London was not now the only market, as Hull, Manchester, Bristol and Glasgow were in direct communication and competition engendered trade revival. On the other hand South American States, the Argentine especially, with beef were seriously threatening the trade. It was no good sending Cull cows to England as nothing over three-year-olds of the ’best beef breeds would hold their place with the Argentine consignments. The time was coming when Patagonia would put mutton and lamb equal to that of the Dominion on the English market. For the farmer who grew wool, Mr. Massey predicted better prices than in years past. The credit of the country was good inside and out, and the Government eould raise half a million at five and a half per cent, any time.