WHEAT CONTROL
THE AUSTRALIAN CROP. - STABILISATION OF PRICE. PRODUCTION ALSO REGULATED. (United Press Association—Copyright.) . (Received This Day, 9.10 a.m.) MELBOURNE, This Day. The Minister of Commerce (Sir Earle Page) last night announced the Government's plan for stabilisation of the price and production of wheat. ; Sir, .Earle Page said that the Government realised that stability of the industry Tv'aS'essential for the economic and social stability of Australian in war time. The principles of the plan are a guaranteed price of 3s 6cl a bushel for ports, bagged, with deductions for a siding basis, receiving and handling, and 4;sd railage. Provision will be made for the creation of a fund into which surplus market realisations' will be paid. High-price years will meet the debits of low-price years. All growers of wheat will be licensed, each licensee to sow each year only the acreage authorised by the Government.
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Bibliographic details
Ashburton Guardian, Volume 61, Issue 25, 9 November 1940, Page 5
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145WHEAT CONTROL Ashburton Guardian, Volume 61, Issue 25, 9 November 1940, Page 5
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