NEW ZEALAND 



77 



farmers the choice of having their stock frozen for shipment 

 on their own account to London, or selling the live-stock or 

 the frozen carcases to one of the many buyers for English 

 account. It is a healthy feature that all the ways of doing the 

 business seem profitable. No one can sa}^ that farmers who 

 have shipped to London on their own account have done 

 better than those who have sold to proprietary wdrks or to 

 local buyers. But the trade goes on healthily and profitably 



Whakataxe Meat Works, New Zealand 



to the satisfaction of all, while both the classes of companies 

 have paid good dividends, and built up the fine plants largely 

 out of profits. 



" One can hardly refer to this subject without mentioning 

 the splendid spirit of enterprise shown by the shipping com- 

 panies engaged in the trade, in keeping up the refrigerated 

 tonnage so well that scarcely ever before the war was a freezing 

 house stopped working because there was not freight to carry 

 the carcases. But since the war broke out there have been 

 some delays in shipment, arising out of the commandeering 



