AUSTRALIA AGREES
TO REDUCE BUTTER EXPORT
FINANCING- THE LOSS
United Tress Association—By Electrio Telegraph—Copyright. CANBERRA, March 14. The Dairy Export Control Board reluctantly agreed to a 6 per cent, restriction of Australian butter exports, and urged the Federal Cabinet to formulate a plan to finance the loss so occasioned. It is understood'that Cabinet agreed to enact legislation imposing a levy of a farthing per pound on all butter exported, the proceeds of which will be distributed so as to ensure payment of current market prices for the. total amount held back from export; also that the restriction will continue for one year.
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Bibliographic details
Evening Post, Volume CXV, Issue 62, 15 March 1933, Page 9
Word Count
102AUSTRALIA AGREES Evening Post, Volume CXV, Issue 62, 15 March 1933, Page 9
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