SQUEEZED OUT?
WARNING TO FARMERS WHEAT CONTROL CANBERRA, April 7. A prophesy that Australian farmers would be squeezed out of the markets by world combinations unless they organised, was made to-day by the Minister for Markets, Mr. Moloney, in moving the second reading of the Wheat Marketing Hill.
lie said it was clear that vast combinations were operating in tin 1 world's wheal markets. Intense organisation existed in other countries and there must be similar organisation in A list ralia.
The object of the hill is to regulate the export and interstate trade in wheal and Hour. A Inderal Hoard controlled by wheat growers is provided for, and a guaranteed price of Is a bushel for I'.a.q. wheal delivered (it country stations, is offered to growers, with an extra 8d n bushel to cover rail freight, and id her expenses. Mr. Wolouey said that the board would give effect, to the Government's policy of compulsory pooling, and there would be State boards with power to acquire all wheal produced within tin' States.
Tho powers of the Federal Board were: To regulate oversea marketing and export from all .States. To arrange for shipment abroad and In obtain the best possible freight terms. To appoint overseas agents. To regulate trade between the States.
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Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17238, 19 April 1930, Page 5
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211SQUEEZED OUT? Poverty Bay Herald, Volume LV, Issue 17238, 19 April 1930, Page 5
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