PORK FOR EXPORT.

Hawera Star, Volume XLVII, 23 December 1927, Page 9

PORK FOR EXPORT.

STATE AID TO INDUSTRYSUBSIDY FOR THREE YEARS. (.BY TELEGRAPH—PRESS ASSOCIATION.} AUCKLAND, Doc. 23. Without Government help, it is doubtful whether the -pork export business could carry on, according to a statement made by the Prime Minister, the Rt. Hon J. G. Coates, to-day. The export season is just -starting, and the dairy farmers will be able- to enjoy hristmas better when they know that the- Government has decided to come to tlie rescue with a three-year subsidy, the amount for the first year being estimated at £30,000. Details are not finalised and will be discussed between i-h.e Minister of Agriculture, the industry and the central boards ; hut, briefly, it is tlie intention of the Government to provide for a subsidy covering three years, for the remaining two of which the amount wi’l be- progressively reduced. Should there be a recovery in the prices, this will naturally be taken into consideration in determining the amount to be paid. The Government wish to make -it -mite plain that the object is to- assist the industry in its first difficult years, and to enable it- to overcome those initial difficulties, which at the moment appear to threaten its continued existence.