BRITISH BREAD SUBSIDY
TO BE ENDED IN INTERESTS OP NATIONAL ECONOMY.
London, August 12. Mr. Austen Chamberlain, Chancellor of the Exchequer, announced in the House o£ Commons that the Government has decided, in the interests of national economy and with a view to hastening the return to normal trade conditions, to end the bread subsidy before tho beginning of another financial year. At present the subsidy is about fivopenco on tho four-pound loaf. Threepence of this would bo transferred from the taxpayor to the. consumer next month, and whatever balance remains, according to the price of wheat, would bo transferred' by the close of the financial year.—Reuter.
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Bibliographic details
Dominion, Volume 13, Issue 275, 14 August 1920, Page 7
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107BRITISH BREAD SUBSIDY Dominion, Volume 13, Issue 275, 14 August 1920, Page 7
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