WHEAT AND FOUR DUTIES.

Taranaki Daily News, 25 July 1931, Page 12

WHEAT AND FOUR DUTIES.

(■To the Editor.) Sir, —I read with considerable amusement the letter of Mr. R. J. Bakewell in your issue of Saturday; I don’t wonder the people of Taranaki are deluded if they accept such statements. Mr. Bakewell says, “with a free market 6d would be saved on each loaf consumed.” The amount of wheat in a 41b loaf of bread now costs 4d on the average, and next year with the reduced duty it should not be more than to 3Jd per 41b loaf in Taranaki, so that if the farmers gave the wheat for nothing the price of bread would be reduced by only that amount The absurdity of Mr. Bakewell’s statement is apparent. If the user takes his bread home from the store himself he can save one half of the cost of the whole of the wheat in a loaf of bread. Mr. Bakewell adds that another £4,000,000 can be added in savings on bran and pollard. There is no duty whatever on bran and pollard; it is absolute free trade, so that the whole of the £4,000,000 savings that Mr. Bakewell refers to does not exist, except in his own imagination.—l am, etc., DAVID JONES. Wellington. (Mr. Bakewell made the saving on bread £3,750,000, and said the total saving if bran and pollard were added would be £4,000,000. His letter clearly shows that he put the saving on bran and pollard at £250,000.—Ed. Daily News).