AUSTRALIAN WINE TRADE.
PROPOSED REDUCTION OF BOUNTY. ENGLISH IMPORTERS PROTEST. BY CABLE—PB.EBS ASSOCIATION—COTYBIGHT. Received 11.35 a.m. to-day. LONDON, March 23. Importers of Australian wines ai-e greatly perturbed by the Commonwealth Governinent’is proposal to reduce the export bounty, which, they say, is likely to bring tragic results to the Australian wine industry. One of the largest importers, in an interview, pointed out that the groat, need of the trade was to stabilise prices, which was impossible if the Government was frequently, altering the bounty. During the last two years a splendid trade had been built up, but the proposed reduction was likely to undo all this good Work. It would' enable Australia’s great rivals, Tarragona and Lisbon wines of 30 degrees strength, to be sold at 2s per gallon cheaper than Australian 31 degrees wine. A cable of protest had been sent to the Rt. Hon. S. M. Bruce, signed by the Burgoyne Company, Emu Company, W. A. Gilbev, and Stephen Smith Company on lie half of the' Dominion Wine Merchants’ Association.
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Bibliographic details
Hawera Star, Volume XLVII, 15 March 1928, Page 8
Word Count
171AUSTRALIAN WINE TRADE. Hawera Star, Volume XLVII, 15 March 1928, Page 8
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