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AUSTRALIAN WHEAT SLUMP

DECISION OF THE CONFERENCE. PROTECTION FOR THE GROWERS. By Telegraph—Press Assn.—Copyright. Canberra, November 13. A conference of State Ministers of Agriculture with growers, millers, merchants and other representatives of wheat interests adopted alternative proposals which the Federal Government will be asked to consider in order of preference as follows:— ' (1) From South Australia for a sales I tax of 1445. per ton on all flour sold by millers for local purposes for a period of one year to December 31, 1931, the proceeds to be distributed among the wheatgrowers of various States on a pro rata basis. (2) A Government guarantee of 3s. per bushel at country stations. (3) The imposition of a sales tax on flour for local consumption that will return 4s. 9d. per bushel for wheat at terminal ports. Mr. Forde, acting-Minister of Markets, said that the defeat of the Wheat Marketing Bill in the Senate was a serious blow to farmers, one result being that the Commonwealth Bank could not undertake to pay any guarantee price.

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https://paperspast.natlib.govt.nz/newspapers/TDN19301114.2.126

Bibliographic details

Taranaki Daily News, 14 November 1930, Page 11

Word Count
173

AUSTRALIAN WHEAT SLUMP Taranaki Daily News, 14 November 1930, Page 11

AUSTRALIAN WHEAT SLUMP Taranaki Daily News, 14 November 1930, Page 11

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