WORLD WHEAT CRISIS.
Australia’s New Move. COMPULSORY WHEAT POOL. (United Press Association—By Eleetrlo 7 elegraph—Copyright.) (Received April 8, 10.30 p.m.) SYDNEY, April 7. A Bill to create a compulsory Australian Wheat Pool, with a guaranteed price for wheat, was debated on the second reading in the House of Representatives. The Minister of Markets (the Hon. Parker Moloney) emphasised the need for organisation, otherwise Australian growers would be liable to be squeezed out by world combinations now operating, of which the Government had inside knowledge. Among the objects of the Bill it was proposed to regulate overseas marketing and export, obtain the best freight terms, appoint overseas agents, and also regulate trade between the States. The debate was not concluded.
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Bibliographic details
Timaru Herald, Volume CXXV, Issue 18539, 9 April 1930, Page 9
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119WORLD WHEAT CRISIS. Timaru Herald, Volume CXXV, Issue 18539, 9 April 1930, Page 9
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