FREE STATE BUTTER

Otago Daily Times, Issue 21998, 6 July 1933, Page 7

FREE STATE BUTTER

SUBSIDY TO EXPORTERS Mil THOMAS QUESTIONED. LONDON, July 4. In the House of Commons, Mr J. H. Thomas, questioned with reference to the Irish Free State’s subsidy to its butter exporters, insisted that the British import duties on butter had been levied for the sole purpose of obtaining funds f.'r the British taxpayer r 0 which he was entitled. Major Ross (member for Derry) ad that as a result Free State buttr exporters were receiving £1 10s per cwt more than they did before the British duties were imposed. Free State butter was now fetching 132 s per cwt in Dublin and 78s in Belfast. FINANCING INDUSTRY. BILL READ A SECOND TIME. DUBLIN, July 5. (Received July 5, at 8.30 p.m.) The Dail passed the Finance Bill by 59 to 32, Mr M'Entee combating Mr M'Gilligan’s assertion that the Government had no plans and was pursuing a career of ruthless destruction. The Bill, which provides £5,000,000 to finance industry through the Credit Corporation, was read a second time. Industries which will benefit are sugar beet, cement, papermaking, industrial alcohol, and agriculture. The Government proposes to spend £IOO,OOO to develop the bogs and sell peat fuel.