Bounty for Irish Butter

Manawatu Times, Volume LV, Issue 6836, 18 April 1932, Page 7

Bounty for Irish Butter

LOW PRICES ANTICIPATED. United Pres 3 Association. —By Eleetric Telegraph. —Copyright. DUBLIN, April 15. A Bill is to be introduced in the Pail on April 20, providing for a bounty of 2d a pound on exported butter by means of a levy on butter production. It is believed here that prices in the British market will touch low levels this season. Consequently the need for assistance to dairymen is urgent.

Increase of Price to Irish J Consumers LONDON, April 15. Assuming that the Irish butter export bounty becomes law, butter traders rilo not expect it to affect the London jjprice or sales of Australian butter. Ireland has made inquiries into the working of the Australian bounty scheme, on which their own is based. It is consequently believed that the only effect-will bo an increased price to the Irish consumers with a consequent benefit to dairymen though all will share in the .payment of the levy.

After the London Market Received Sunday, 10.30 p.m. LONDON, April 16. The Times’ correspondent in Dublin jays the butter bounty clearly indicates de Valera’s iutentiou to concentrate on the British market in which he is resolved to fight not only the Danes but also the Australians and New Zealanders: The bounty should make the export price of the Free State butter 110 s per cwt. compared with the Home price of 117 s.