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RURAL PROBLEMS

I PRODUCTION AND CREDIT VISIT OF NOTKH K< ONOMIST ; The eifec'.s of the policy of controlled production, particularly in 'the tea plantations of India, were ( briefly discussed yesterday by Proi lessor C. Fay. Kender in Economic ■ History in the University of Cant- ; bridge, on ins arrival in Christ- : church. Professor Fay is touring | parts of the tempi re. including India. ! Australia, and New Zealand, as chairman of the Horace Phmkeft ■ Foundation in London, ar.d he is ! studying the organism ion of agni culture on the co-operative side*. i The now policy of control was ' dominating agricultural conditions ! in India, said Professor Fay. Its of- ! feet was seen at the strongest in ■ the field of plantation agriculture, and particularly in the tea plantations. The policy had undoubtedly ; helped the producers, but perhaps at the expense of keeping alive the i inefficient growers. i Professor Fay visited and caroi fully studied the tea plantations i owned and operated by the English and Scottish Co-operative wholesale societies of Great Britain. These I societies—federations of working men consumers—in all handled one ! sixth of the tea trade of Great Britj ain, or about, 100,000.0001b of tea. ; Rural Credit Problems \ Rural credit; formed the main interest in Mysore, where Professor • Fay presided at the State co-opera-tive conference. Me found that in -Mysore state, just as in Now Zca- > land, tho recent depression had i forced the creation of a "entral ; mortgage corporation to ease the I burden of indebtedness. The in- ' debtedncss of the rural population had attained quite fantastic proportions in India owing largely to the ; social customs which compelled the iryots to spend perhaps three years' | income on the marriage of a daughter or on a funeral. : "The native states of India are I perhaps more enlightened in economic policy than any other part lof India," said Professor Fay. | "Moreover there is less bitterness I towards the English, and English I people are welcomed there and j treated hospitably." : Professor Fay will leave Christj church on Monday, going to Wellington by way of Blenheim, and ,| leaving New Zealand ultimately

from Auckland on December 0 He hopes to return to the tropics in January Jor a period of further study, particularly m Ceylon, Malaya, and Burma.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19351115.2.77

Bibliographic details

Press, Volume LXXI, Issue 21631, 15 November 1935, Page 12

Word Count
373

RURAL PROBLEMS Press, Volume LXXI, Issue 21631, 15 November 1935, Page 12

RURAL PROBLEMS Press, Volume LXXI, Issue 21631, 15 November 1935, Page 12

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