DAIRY INDUSTRY.
TARANAKI COMMITTEE REPORTS.
EXPORT BOUNTY SCHEME FAVOURED.
Electric Telegraph—Press Association HAWERA, April 5. A report presented to-day by the sub-committee appointed last month by the South Taranaki executive of the Farmers’ Union to make suggestions for improvements to the dairy industry urged that full investigation be made regarding, the adoption of some scheme of bounty for dairy produce to operate along the lines of the Patterson scheme. It was felt that ail export bounty on a sliding scale of values would he preferable to the present exchange rate It was recommended also that no rural mortgages be permitted for a period shorter than 20 years, and an amortisation scheme be arranged so that mortgages be paid off during the period, and where possible all current rural mortgages be so converted. Such amortisation fund, it was recommended, should be based oil excess butter-fat over and above what might be taken as the index figure necessary to provide an economic return.
In regard to rents it was considered land should be leased on a given number of pounds of butter, irrespective of the price paid by the factory.
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Bibliographic details
Pahiatua Herald, Volume XLI, Issue 12615, 6 April 1934, Page 5
Word Count
188DAIRY INDUSTRY. Pahiatua Herald, Volume XLI, Issue 12615, 6 April 1934, Page 5
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