BRINGING DOWN WHEAT.
XST3ZAN GOVERNMENT SCHEME. COHTEOKEXPOHT AND PRICES. (Received 11.5 a.m.) DELHI. March 22. The Legtslatare Council is considering a. Tesohition to> prohibit the export of wheat until the price-foils to an equivalent of seventeen pounds for- sixteen pence. Mr. Clarke, member of the .Viceroy's Council, annonnoed that the (Government proposed, to assume the control of the exporti-of trade, following the Sues that, no , -wheat should be exported, save on the 'Government account, from the Ist of April next to the Sist of ilareh, KJlti. The leading-export-wheat lirtua will be employed as agents to buy On commission at prices indicated by the. Government. The Gov-ernment-win take the profit which will represent the difference between the world price and the Indian price, tlje latter being kept up artificially. The price at which tie Government has commenced buying is not announced, but it •will be relatively high as compared with the prices to-be offered later. The Government hope in this way to bring- prices steadily and snrely down. The prices in effect -will be regulated through the -export trade in the interests of the ."consumer.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19150323.2.47.22
Bibliographic details
Auckland Star, Volume XLVI, Issue 70, 23 March 1915, Page 6
Word Count
184BRINGING DOWN WHEAT. Auckland Star, Volume XLVI, Issue 70, 23 March 1915, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in