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BUTTER IMPORTS.

RESTRICTION CONDITIONS IN BRITAIN. TWO TO ONE RATIO AGAINST FOREIGNERS. PRINCIPLE ACCEPTED. LONDON, March 13. Pending Australia’s final decision the butter restriction position is unchanged. It is clear, however, that Britain will now accept the principle of asking, the foreign suppliers, principally Denmark, to reduce by twice as much as the Dominions. the ratio being preserved irrespective of what percentage on the 1932 exports the Dominions agree to restrict. RELUCTANT ASSENT. AUSTRALIAN REDUCTION PLAN. LEVY ON EXPORTS TO COVER LOSSES. . ; (Received Tuesday, 9.15 p.m.) CANBERRA, March 14. The Dairy Export Control Board has reluctantly agreed to a six per cent, restriction of Australian butter exports and has urged the Federal Cabinet to formulate a plan to finance the loss occasioned. It is understood that Cabinet has agreed to enact legislation imposing a levy of a farthing per pound on all butter exported, the proceeds of which are to be distributed so as to ensure payment of current market prices for the total amount held back from export, the restriction of 6 per cent, to continue for one year.

LABOUR OPPOSITION. DISCUSSION IN THE HOUSE OF COMMONS. (Received Tuesday, 7.10 p.m.)' LONDON, March 14. In the House of Commons, the Rt. Hon. W. E. Elliot, moving the second reading of the Agricultural Marketing Bill, claimed that if it succeeded it would be the greatest thing the Government had attempted. It aimed at making agriculture an organised industry, based on the establishment of equilibrium in price levels, which means quantitative regulation. Mr. Williams, for Labour, moved the rejection of the Bill on the ground that it would only consolidate the interests of importers and middlemen and would not protect the consumer. The Hon. J. Rothschild said there was small hope of regulation of supplies producing the desired stability in prices. Limitation might be placed on home supplies but the Ottawa Agreement prevented a restriction on Dominion supplies. The Government might restrict the dear Danish butter but not the cheap Australian and New Zealand article. Dr. Leslie Burgin pointed out that the Dominions were as alive as anyone to the necessity of stabilisation. He was willing to discuss on a common ground the interests of agricultural , producers throughout the world. The debate was adjourned. DENMARK’S HOPES. DETAILS OF NEGOTIATIONS WITH BRITAIN. (Received Tuesday, 7.10 p.m.) COPENHAGEN, March 14. The Finance Minister states that negotiations with London have enabled Denmark to maintain her quota of bacon exports to Britain and to avoid an increased tariff on butter if she buys an adequate amount of other products from Britain. Danish firms will co-operate in this connection if the prices are suitable.

CONTROL IN BRITAIN. THE SALE OF MARGERINE. (Received Tuesday, 10.5 p.m ) at „ SYDNEY, March 14. The New South Wales Government has gazetted new regulations of (particular interest to the dairying industry, under which margerine must contain no oils, fats or colouring matter resembling WBtter and no chemicals or preservatives which are likely to give margerine the same aroma or flavour as butter.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19330315.2.41

Bibliographic details

Wairarapa Age, 15 March 1933, Page 5

Word Count
500

BUTTER IMPORTS. Wairarapa Age, 15 March 1933, Page 5

BUTTER IMPORTS. Wairarapa Age, 15 March 1933, Page 5