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AUSTRALIAN SUGAR INDUSTRY.

REPEAL OF THE BOUNTY

(United Press Association,—Copyright.} Received 12.15 a..m., Dec. 14.

MELBOURNE, Dec. 13

The House is considering Bills to repeal the"" sugar excise and ibounty. Power is to put the Balls into effect upon a./proclamation.

The Hon. Tudor explained that the Bills would, be proclaimed as soon las New iSouth Wales, Victoria and Queensland passed legisTatiion enacting the recommendations of the Sugar Ootmmission. Itfc is -estimated that the loss of revenue through the. repeal will be, £200,000 iper annum, and that in,.a few years tbis will in'orfease to £2,*)0,000. The imports duty mill still remain in force.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19121214.2.33.24

Bibliographic details

Wanganui Chronicle, Issue 12856, 14 December 1912, Page 5

Word Count
102

AUSTRALIAN SUGAR INDUSTRY. Wanganui Chronicle, Issue 12856, 14 December 1912, Page 5

AUSTRALIAN SUGAR INDUSTRY. Wanganui Chronicle, Issue 12856, 14 December 1912, Page 5