SCULLIN'S PROPOSALS

Evening Post, Volume CIX, Issue 42, 19 February 1930, Page 9

SCULLIN'S PROPOSALS

GOVERNMENT GUARANTEE

COMPULSORY POOL

United Press Association— By Electric Tele.

trajili—Copjrlßlit.

CANBERRA,. 18th February

The Commonwealth. Govcnnucnt announces Us proposals to assist the wheat industry of Australia.

These consist of a compulsory pool untl a Government' guarantee to growers of four shillings a bushel at country'sidings; also the financing of,bulk handling facilities.

The Minister of Markets, Mr. Parker Maloney, emphasised that Australia must have an organised marketing scheme in order to avoid overlapping. Tlitro would bo a pool board in each Stale, on which there would be representatives elected by tfie growers;, also a Common wealth pool board, on which the States -would bo represented. The idea is regarded most favourably by the- various States, which are now considering its adoption. The Government's plan for the Australian wheat,pool w,as outlined to-day before a conference of Ministers of Agriculture and growers' representatives. ' '■

The Prime Minister (Mr. Scullin) said that the proposed guarantee of 4s a bushel was equivalent to 4s 8d f.p.b. on the 1030-31 crop, but the amount of advances; eacli year afterwards would be determined by the board upon the economic conditions then prevailing.

Mr. Scullin added that tho aim of tho Government was to place the growers in a better economic position, add to the national income, increase the demand for farm labour, and to act as an incentive to increase 1 greatly the acreage under wheat.