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ARGENTINA ADVERSE

BRITISH PLAN HELD UP

TILL AGREEMENT EXPIRES

SUBSIDY AND QUOTA LEFT United Press Association—By Electric Telegraph—Copyright. LONDON, July 10. The "Daily Express's" political correspondent says that the Argentine Government has rejected llie British proposal of a levy on meat imports. This destroys the scheme. It is understood that Cabinet will recommend, a subsidy from the Treasury to guarantee a price for Homeproduced beef pending the expiry of the Argentine agreement. Cabinet will also decide the extent of the. reductions in imports from the Dominions and Argentina. ;: [ The "Daily Herald" states that Mr. W, Elliot, Minister of Agriculture, has informed Argentina that its refusal to accept the levy will lead to a heavier imposition after the expiry of the agreement in 1936. The "Herald" estimates that this will be a duly up to twopence per pound on Argentine beef'-with' a 50 per cent, preference for the Dominions.

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https://paperspast.natlib.govt.nz/newspapers/EP19340711.2.58.1

Bibliographic details

Evening Post, Volume CXVIII, Issue 9, 11 July 1934, Page 11

Word Count
148

ARGENTINA ADVERSE Evening Post, Volume CXVIII, Issue 9, 11 July 1934, Page 11

ARGENTINA ADVERSE Evening Post, Volume CXVIII, Issue 9, 11 July 1934, Page 11

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