THE BEEF SUBSIDY

Otago Daily Times, Issue 22504, 23 February 1935, Page 13

THE BEEF SUBSIDY

PAYMENTS IN BRITAIN BILL TO EXTEND PERIOD (United Press Association.) (Bv Electric Telegraph—Copyright.) LONDON, February 22. (Received Feb. 22, at 9 p.m.) The text of the Bill to extend the beet subsidy provides for payments until June 30 or until any date before the beginning of October if an order to that effect has been made and approved by Parliament before June 30. DR EARLE PAGE’S COMMENT SYDNEY, February 22. (Received Feb. 23, at 0.15 a.m.) “ The moat significant fact in the meat negotiations with Britain is that we managed to overcome the British arrangement with the Argentine that only experimental shipments of chilled beef should leave Australia during the term of the Anglo-Argentine beef agreement,” said Dr Earle Page. “This trade is one of the' most potentially valuable we possess and we can now expand it unhampered.” FARMERS’ RESOLUTION LONDON, February 22. (Received Feb. 22, at 10 p.m.) The Livestock Committee of the National Farmers’ Union passed a resolution noting with consternation that Mr Elliot, in the House of Commons on February 18, seemed to indicate that the restrictions on meat imports might be abandoned. “ The effect of the subsidy has been nullified owing to the fall in prices since the Act was passed, while, owing to the competition between dominion and foreign supplies, the same result is likely to accrue under the proposed permanent scheme based on a levy on imports unless provision is also made to assure a remunerative price to Home producers, which will be impossible if unrestricted imports are perrtiitted.” '