SUGAR INDUSTRY.
“BURDEN TO AUSTRALIA.” AUDITOR-GENERAL’S REPORT. SYDNEY, Feb. 22. The Commonwealth Auditor-Gene-ral’s annual report describes the sugar industry as a burden rather than an advantage to Australia. He says that under the arrangement for financing it the Australian price is £36 a ton, which, compared with the price of java and Cuban sugar (£6 a ton) means that Australian consumers are paying £7,000,000 a year more than is necessary. , , The Auditor-General suggests that the 30,000 workers employed in the sugar industrv could be more advantageously employed in some other torm of production. Moreover, the sugar agreement, in conjunction with other restrictions, lias artificially inflated, unduly and unsoundly, the _ price or land suitable for sugar growing.
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Manawatu Standard, Volume LII, Issue 71, 23 February 1932, Page 7
Word Count
116SUGAR INDUSTRY. Manawatu Standard, Volume LII, Issue 71, 23 February 1932, Page 7
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