MERITS OF QUOTA SYSTEM
EXPERIENCE WITH BACON BOARD OF TRADE RETURNS LONDON, April 16. The March returns of the Board of Trade provide an interesting illustration of the merits of the quota system. Under this system bacon imports for tho month decreased 24.3 per cent as compared with 1932, yet the decrease in money was only 1.7 per cent. On tho other hand, butter imports increased by 26.3 per cent, but the money value decreased 14.6 per cent, the money value of March imports in 1932 being £3,616,619, compared with £3,086,006 for March, 1933. In view of these figures it is not surprising to find many importers suggesting that Dominion producers in their own interests should accept quotas.
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Hawke's Bay Tribune, Volume XXIII, Issue 106, 18 April 1933, Page 11
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118MERITS OF QUOTA SYSTEM Hawke's Bay Tribune, Volume XXIII, Issue 106, 18 April 1933, Page 11
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