WORLD WHEAT CRISIS.
COMPULSORY POOL IN AUSTRALIA. V United Press Association—By Bsctrle Telegraph—Copyright.) MELBOURNE, March 17. Mr J. G. Latham, Leader of the Federal Opposition, doubts the possibility of financing a compulsory wheat pool. He says more than £30,000,000 would be required to cover a 200,000,000 bushel crop aimed at by the Government.
HOME CONSUMPTION. (United Press Association—By Kl«otrl« Telegraph—Copyright.) SYDNEY, March 17. Mr Kilpatrick, a member of the Legislative Assembly, told the Wagga farmers that if a compulsory wheat pool were established the price for home consumption would probably be fixed at 6/- per bushel, or more. Questioned as to whether the lines of the American Farm Products Marketing Act, with a system of insuring against price decline, while wool is awaiting sale. New Zealand and South Africa woolgrowers, it is suggested, should be asked to join in fixing a minimum price of 15Jd.
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Bibliographic details
Timaru Herald, Volume CXXV, Issue 18520, 18 March 1930, Page 9
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145WORLD WHEAT CRISIS. Timaru Herald, Volume CXXV, Issue 18520, 18 March 1930, Page 9
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