AID TO FARMERS.

Gisborne Times, Volume LXXXIII, Issue 12704, 8 November 1935, Page 3

AID TO FARMERS.

SUBSIDIES - TO BUY lA.IPLEAIENTS AND TO BUILD. EXTENSION OF B2 SCHEME. UN EMPLOY A l ENT B OAR D scheaie. ( Presß Association j PAPAROA.Nov. 7. Details of a scheme approved by the Unemployment Board to ‘assist fanners to purchase farm implements and machinery, and in the erection of. farm buildings, were announced to-day by the Aliiiister of IT mince • Air. Coates. The new scheme, said the A!ini.star, is an extension of the existing B2 scheme, which provides for subsidies on improvements to dairy farms. The extension covers the granting of subsidies for the erection of woolsheds, implement sheds, and other approved farm buildings, and the payment of subsidies on farm orchard machinery and implements of N.Z. manufacture. The subsidy will apply to work commenced on or before April 30. 1936.

The manufacture of agricultural implements is still languishing and after a. careful examination of the existing subsidy schemes, the Board, said the Minister, had come to the

conclusion that a large volume of employment would be stimulated both by this subsidy and the extension of grants for farm buildings. The 'amount of the subsidy on farm buildings would be 8 per cent on the contract price, or if' the work is carried out by the farmer, 10 per cent. on. the net invoice cost of materials. The subsidy on implements would be £2 for the first £lO net invoice cost, exclusive of transport and installation charges, subsequently Is 4d in the £ up to £IOO, thereafter 8 per cent up to £'2oo, and, 5 per cent, on any 'amount in excess of £2oo'. The necessary recommendation would have to be made by the Minister of Agriculture as under the existing 332 scheme before any subsidy could be granted. The full schedule of the machinery to which the subsidy would apply is being prepared and would he available shortly.

“I should like to draw attention to the fact that subsidy schemes now apply to new dwellings and buildings to which no private ' gain is attached,” said Mr. Coates. “Churches, libraries, halls, the extensions to and painting of .such buildings, and the equipment of dairy factories and dairy farms as well as tho extension of such structures, are also eligible.”