AUSTRALIAN BOUNTIES Bill.

Wanganui Herald, Volume XXXX, Issue 11922, 19 July 1906, Page 6

AUSTRALIAN BOUNTIES Bill.

Press Association.— Telegraph— Copyright. Received July 18, 10.57 p.m. MELBOURNE, July 18. In the House of Representatives Sir W. Lyne introduced the new Bounties Bill. It provides for the payment of a maximum of JJ50.000 per annum for ten years, beginning with July 6th, 1906. Articles must be the product of white labour, and the recipients of the bounty will be expected to submit to some control in the matter of wages. The bounties, the time of their duration, and the total annual amount which the bonus must not exceed in each case, is as follows: — Cocoa, a bounty of one penny per pound on dried beans, spread over nine .years, total annual bonus not to exceed JilOOO; coffee and chicory, a penny per pound, eight years, i! 2500; cotton, equal to 10 per cent, on market value, five years, .£4500 ; canned' fish, halfpenny per pound, live years, £1 1,000; milk (condensed), one farthing per pound, five years, i'SOOO; powdered milk, three faithiugs per pound, five years, i-5000; oils, equal to 10 pc* 1 eont. on market value on olive, linseed, ea-itor, cola, sunflower, essential, and rotton seed and other oils, ten years, J6300 in all; rice, twenty shillings per ton, five years; fibres, equal to ten per cent, on market value on flax, Ramie, Sisal, hemp. New Zealand flax, pandanus, and sneh other goods as may be prescribed, ten years, £7000.