THE DUTY ON SACCHARINE.
(Pee Press Association.) Dunedin, March 14 At the mae'log of shareholders la the firm of Kempthorne Prosser and Co, the Chairman Bald that at the time the new tariff was passed they had an existing contract with the patentees of pacpharine to take certain quantities withia • given time for New Zealand, and they bad also similar close oontraota with other firms for mapped out ceotiona of the world, and nj contractor could Interfere with another or sell beyond the defined territory. The Company's oantraot had only partly expired when Government under their new tarff imposed a duly of 5s per cz or 80a per In on this article, thns prohibiting the importation and completely destroying the sale. The Company had spent largo earns lv advertising the artlole, and had now large stooke m bond whioh they ooqli neither take opt on aooonnt of the doty nor oould they re-ejport it under their oontraot. The reason given by 6fovemmont for the Impoaltlpn of this e^traordinary duty wa» that it was aosointely necessary to do so to proteot the rr venae derivable from sugar. The whole eabj tot was brought under thenotlce of the Premier when tho tariff was passed, and he promised to go o»refally into the matter as soon as tho Hoa?e brolce up. Tho Gh»lrmiD regretted to say that uothing definite had yet been dotio, bat the niattor" waa again brought before the Premier when last m Dunodln, and he admitted that the Company b»d an equitable claim- As the matter »tood, unle»i they got oompenastlon for injury done, they mast make % goq^-
Permanent link to this item
THE DUTY ON SACCHARINE., Ashburton Guardian, Volume VII, Issue 2087, 14 March 1889
THE DUTY ON SACCHARINE. Ashburton Guardian, Volume VII, Issue 2087, 14 March 1889
Using This Item
See our copyright guide for information on how you may use this title.