GUARANTEED PRICE

Wairarapa Times-Age, 17 August 1939, Page 6

GUARANTEED PRICE

DAIRY FARMERS DEMANDING INCREASE. ON ACCOUNT OF HIGHER COSTS. (By Telegraph—Press Association.) HAMILTON. August ‘l6. Reasons for the delay in announcing the guaranteed price for the 1939-40 season were explained by the chairman of the New Zealand Dairy Produce Board. Mr W. E. Hale, at a meeting of the New Zealand Co-operative Dairy Company. Ltd. Mr Hale said that the dairy industry was considering the guaranteed price for the current season when the Minister of Marketing. Mr Nash, who was largely responsible for initiating the system, had to leave suddenly for London. Mr Nash was expected back on August 4, but his return had been delayed, and he was now expected to arrive on or about August 31. The committee considered it desirable to wait till Mr Nash returned before it considered the matter further, and it now hoped to meet on September 8. In view of the additional costs inflicted on the farmer by the Budget, he considered that dairy producers were justified in expecting an increase in the price for this season. Mr W. Marshall said that farmers’ organisations had reached a remarkable degree of unanimity with regard to their attitude toward the guaranteed price. The meeting approved of a resolution .moved by Mr J. H. Furniss. of Ruawaro, that the conference considers that the price should be the figure recommended by the 1938 Advisory Committee, plus ascertainable increases in costs since the report was published.