FRUIT FOR EXPORT
NEW MARKETING SYSTEM GOVERNMENT'S GUARANTEE [by telegraph—own correspondent] "WELLINGTON, Monday The new system for marketing New Zealand apples and pears in England this season will not, it is found, remove the necessity for operation of the Government guarantee on export. This has encouraged the development of the business tremendously, and has been the'great factor making for stability, because financing of the export crop is thus easily, arranged. The current season's guarantee has been renewed on the basis of 10a per case for extra fancy and fancy grades, and 6s 6d for good grade. Formerly the respective rates of the guarantee were lis and 7s per case, and it is understood that the Control Board has approached the Government with a request that these higher figures be reinstated for the season. The matter is now before the Cabinet.
In the current year's estimates, the Government has a vote of £3OOO to provido against its possible liability under the fruit guarantee, but inquiries show that the claims, if anything, will be trifling.
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Bibliographic details
New Zealand Herald, Volume LXX, Issue 21398, 24 January 1933, Page 12
Word Count
173FRUIT FOR EXPORT New Zealand Herald, Volume LXX, Issue 21398, 24 January 1933, Page 12
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