AUSTRALIAN WHEAT.
A PROBABLE PURCHASER. FAILURE OF ITALIAN CROP. (Received December 28. 5.5 p.m.) ADELAIDE, Dec. 28. A leading Italian milling merchant, Signor A. Fattorini, who is visiting Australia, says that owing to the failure of the Italian crop it is quite likely that Italy will buy as much whea,t as Australia is prepared to sell. WESTERN AUSTRALIA. A SERIOUS POSITION. PERTH. Dec. 27. The executive of the Wheat Growers' Union states that most farmers are in a condition of high nervous tension and that there is grave danger of serious disorder unless steps are taken to stop the harassing tactics of certain creditors, who it is alleged, are endeavouring to obtain more than a fair share of the crop proceeds.
If threats to issue writs of execution are put into effect, trouble is almost certain and the Government is urged to declare an immediate moratorium for all farmers' debts, also to make provision enabling farmers to sow fresh crops, and to appoint a board to hold the balance of the wheat crop until an equitable plan of distribution is introduced'.
Five thousand farmers need assistance, and storekeepers have decided to refuse credit after January 1.
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20758, 29 December 1930, Page 9
Word Count
196AUSTRALIAN WHEAT. New Zealand Herald, Volume LXVII, Issue 20758, 29 December 1930, Page 9
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