BEET SUGAR SUBSIDY
DISCONTINUANCE RECOMMENDED.
COMPENSATION TO GROWERS.
By Telegraph—Press Assn.—Copyright. Rec. 5 p.m. London, April 10.
The Sugar Committee in a majority report signed by Messrs. Wilfred GreSn and Kenneth Lee, concludes that the advantages of the beet sugar industry are not sufficient to justify a recommendation to continue an expenditure of about £7,000,000 annually on an industry which has no reasonable prospect of ever being self-supporting. A minority report, signed by Mr. Cyril Lloyd, took the opposite view.
The majority report, however, detailed a plan of reorganisation desirable if it were decided to continue State support. In the event of discontinuance they propose that existing sugar beet growers should be compensated by cash payments on a descending scale over three years.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TDN19350412.2.54
Bibliographic details
Taranaki Daily News, 12 April 1935, Page 5
Word Count
123BEET SUGAR SUBSIDY Taranaki Daily News, 12 April 1935, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.