M. J. BASKIN’S CHALLENGE.

Gisborne Times, Volume XXIX, Issue 3392, 7 December 1911, Page 2

M. J. BASKIN’S CHALLENGE.

[To raja EDiTon.j

SIR,— I ha vo read Mr. Andrew Grahamh statement in your last iwsHie, and consider that there are only two or three- paints that 1 need refer to. r riie> first is in his reference to the butter-fat payment,which he now makes oat to be more than the amount as shown in the Kia Ora Company’s lastaniimal The aci’urac'y. oi‘ t.uO : latter I not question, hut wiii leave this item to rue daiiyfarmers thrin-sc-lror. to draw their own concl visions. Tile- second point is regarding Air. Graham's contention that the shareholders have built up a profitable business, and are guaranteed against having to twice- !-c."s than the actual value <i their produce. This assertion 1 doubt verv mine!i, which will be proved at fh' end oil the present season. l.lui fa- i that there h at the present time eve. 40 Kia. Ora shareholders, holding about- !()()!) shares, supplying the Olcitu Butctr Factory does"not tend to snppo.t Air. Graham's argument. Air. Graham ’a remarks m rcTe-vtv.roe to tin* to-Ts is only a pride-'u.e to- an answer, as he save the 1C in Ora’s average test is 3.0. which lie claims is nearly 10 print' higher than most companies. II this is correct, it would make- these companies average <m!v about 2.0, wliieii is absurd! and is no answer to the tact that the Okifir’s leverage test h higher than the Kia Ora’s. Air. Graham also infer? that (Vkitu suppliers get more than their correct test-, which inference

deny, f see I>v a recent- number <J th: “Dairvnum” that t-h» Oturi Dairy Factory’*' average try! for lest snas-m wu •1.0, !>k <•;!■-.mpared with the Okitu Factory's average test of 4.1- In oonelu sion, I leave it tf> the farmers, them selves tn judge. that taking all .thing into mis-de-rut'■'n. 11ic* Okivu t 'glias distributed in propmtkm n mnJ larger amount to its sunoliers tlian o': Kin Ora. Company lias done. —I am. etc P. A. ARMSTRONG. Manager. Okitn Factory Proprietary