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EMPIRE PRODUCTS

SCHEME FOR BULK HANDLING. (Rec. 10.15 p.m.) London, February 4. Mr E. F. Wise, a member of the House of Commons, it is understood, has a draft scheme for the bulk handling of Empire products which was unfolded at the Royal United Service Institution. The plan is stabilizing British wheat prices. It is suggested the whole purchase of foreign wheat should be controlled by statutory co-opera-tion with a monopoly of the powers' capital guaranteed. Parliament would invoice the grain to millers on the basis of prices to be advised well in advance and so calculated to cover the costs after provision for proper reserves. There is an understanding that the corporation endeavour to make bulk contracts for the Empire centralized competitive selling organization. It is claimed the scheme will bring the price of British home-grown wheat nearer in relationship to the world price.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19300205.2.34

Bibliographic details

Southland Times, Issue 21000, 5 February 1930, Page 5

Word Count
145

EMPIRE PRODUCTS Southland Times, Issue 21000, 5 February 1930, Page 5

EMPIRE PRODUCTS Southland Times, Issue 21000, 5 February 1930, Page 5