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I came across this following sentence in H. G. Wells' Kipps and I don't understand what it means.

What he put into Kipps was chiefly bread and margarine, infusions of chicory and tea-dust, colonial meat by contract at threepence a pound, potatoes by the sack, and watered beer.

I get the other parts of the sentence, but what is "colonial meat"? Is it a particular type of meat? Or is it in reference to a method of farming/processing in the British Empire? Or, is it "colonial" as in an animal colony (This one may be too far off the mark as it doesn't seem to make much sense but just in case)?Also, "by contract" is alluding to the existence of some business arrangement between retailers and farms, right?

I'd really appreciate it if someone cares to clarify this bit for me. Thanks!

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On February 15, 1882, the Dunedin finally set sail for Britain. She was loaded with 4,331 mutton, 598 lamb and 22 pig carcasses, 250 kegs of butter, hare, pheasant, turkey, chicken and 2,226 sheep tongues.

https://www.google.co.uk/amp/s/www.dailypost.co.uk/news/local-news/how-new-zealand-lamb-conquered-10665690.amp

Within five years, 172 shipments of frozen meat were sent from New Zealand to Britain, mostly without mishap: it was a trade that grew to such an extent that, by 1957, New Zealand was exporting 14m lamb carcasses to Britain each year.

https://meanjin.com.au/essays/the-road-makers-eat-meat-three-times-a-day/

The first successful shipment of antipodean frozen meat did not take place until 1879, when it sailed from Sydney, aboard the steamship the Strathleven, which docked in London 59 days later, with a perfectly preserved cargo. Mort, who also owned an abattoir, was keen to ship internationally, partly to offset his concerns relating to the falling price of wool (an anxiety for which Trollope would have had great sympathy) and partly because of a belief in making affordable, nutritious food available to as many people as possible, hoping to be able to sell it in England for six pence a pound (meat then cost between eight pence and a shilling per pound, depending upon the animal and the cut).

The UK imported meat from its colonies, hence ‘colonial meat’.

sepia image of old butcher shop in Lambeth, shop sign ‘English and Colonial meat’ Photo source

I’m not able to shine any light on the reference to ‘contract’.

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