PREMIUMS FOR OVER-SUPPLY
"When to sell?" is an old question on the farm/and has not been made any simpler since farmers have come under the dictation of mortgagees. There have been cases when two mortgagees have clashed over the question when the mortgagor-farmer shall sell his wool; and evidence before the Wheat Commission in New South Wales suggests that "meeting the market" is equally a matter of contention In wheat-growing. The Commission is hearing numerous farmers who.blame the Government, with its "grow more wheat", appeal, for placing them in their present financial stress. One witness that, responding to the appeal, he increased his.wheat acreage, and soon after the; harvest was instructed by the State Rural Bank to sell' His protest against the low price was met by the suggestion that presently there might be no price at all; so he sold, at Is 5-Jd a bushel—and the price rose, to 2s. Farmer witnesses offer the Commission a number of suggestions ■for helping the' farmer. But a plan that will help the farmer, arid at\the-'same time get rid 'of uneconomic production, does not seem to. be among them. A ; ■'.-.•....•■•.■•.
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Bibliographic details
Evening Post, Volume CXVII, Issue 111, 12 May 1934, Page 12
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188PREMIUMS FOR OVER-SUPPLY Evening Post, Volume CXVII, Issue 111, 12 May 1934, Page 12
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