DAIRY INDUSTRY.
Australia's Equalisation Move. NEW SCHEME LAUNCHED. SYDNEY, March 16. Definite action was taken this week in the direction of stabilising the dairy industry of Australia as the result of Commonwealth and State legislation, and an organisation, registered as the Commonwealth Dairy Produce Equalisation Company, Limited. Its aim is to bring an equalisation agreement into operation at the earliest possible moment. The form of agreement as between the company and "the manufacturers of butter and* cheese has been approved, also the memorandum of articles of association. Provisional directors, with Mr. J. Purcell, of Queensland, as chairman, have been appointed. Satisfactory arrangements have been made for the necessary finance and as soon as agreements are signed by the various States the scheme will function.
There will be a levy of 4d a cwt on the total production of butter and one of 2d on cheese, half of which will be used for administrative purposes and the balance for the creation of a reserve fund.
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Auckland Star, Volume LXV, Issue 65, 17 March 1934, Page 9
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164DAIRY INDUSTRY. Auckland Star, Volume LXV, Issue 65, 17 March 1934, Page 9
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