SUGAR BEET INDUSTRY

Evening Star, Issue 22261, 12 February 1936, Page 9

SUGAR BEET INDUSTRY

REORGANISATION IN BRITAIN THE GOVERNMENT'S PROPOSALS. Press Association—By Telegraph—Copyright LONDON, February 10. In the House of Commons Mr Walter Elliot (Minister of Agriculture) moved the second reading of the Sugar Industry Reorganisation Bill, which •proposes amalgamation of 15 existing sugar beet companies under a permanent Sugar Commission. The Bill proposes maintenance of sugar beet growing sufficient to produce 560;000 tons of white sugar a year. The direct subsidy for 1935-36 will be £2,775,000, compared with £4,429,000 last year. After stating that Britain now represented one-third of the world’s sugar market, Mr Elliot said that the country was becoming almost the entire world market for some products. Britain’s share of the imports of tho world’s exports had risen since wheat from 27 to 40 per cent., butter 66 to 82 per cent., and beef and veal 64 to 82. “We must seek new technique to deal with absorption of the world’s surplus,” he said, Mr T. williams, in moving a Labour amendment objecting to perpetuation of the subsidy, said that the Treasury had already forfeited £50,000,000.