HELP FOR FARMERS
GOVERNMENT POLICY SOME STRIKING FIGURES In a comprohensivo review of what the Coalition Government has done to help the farmers and the country generally during the period of economic : depression, Sir Alfred Ransom, in his I recent speech at Dannevirko, showed i that direct assistance to producers civor- ! aged £14,000,000 annually. This, if any- | tiling, ho added, was an under-state-I ment. | The Minister gavo tho following sum- , niary of tho principal items to counteract tho effects of the depression in tho farming industry alono: — .Raising rate of exchange .. £9,000,000 Reduction of interest on farm I mortgages . .. . . 1,600,000 Reduction of land tax .. .. 1,000,000 ; Remissions under Mortgagors Relief Act 700.000 Assistance Unemployment Fund 250,000 Assistance to local bodies from I Unemployment Fund . .. 900,000 , Road subsidies to counties . . 200,000 Rebato on county rates .. _ .. 200,000 Reduction rural local bodies' interest . . . . .. .. 150.000 Subsidy fertilisers 100,000 Freight Concessions— Lime 70,000 Fertilisers .. .. .. 115.000 Farm produce . . .. .. 90,000 Assistance to fruitgrowers .. 8,000 Total £14,353,000
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19350812.2.96
Bibliographic details
New Zealand Herald, Volume LXXII, Issue 22185, 12 August 1935, Page 10
Word Count
158HELP FOR FARMERS New Zealand Herald, Volume LXXII, Issue 22185, 12 August 1935, Page 10
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in