BAD PRECEDENTS
"The wheat-growers were receiving a subsidy to enable them to carry on." This is one of ihe arguments submitted by Mr. J. A. Nash in support of his proposal for a subsidy for dairy-farming. It should help to convince the Government of the danger of the precedent furnished by the favour shown to wheatgrowers. ■ The assistance given to that industry is not really a subsidy, but it has the same effect, because it maintains prices at an artificial level, without regard to world parity, and it is given at the public expense. It provides exceptional shelter for this branch of primary production, and is a substantial obstacle to the reduction of production costs, which the farmers are demanding. It cannot be corrected by extending the aid to other industries. That would merely produce a demoralising circle of subsidies. The remedy is not to follow a bad precedent, but to correct the precedent.
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Bibliographic details
Evening Post, Volume CX, Issue 137, 8 December 1930, Page 10
Word Count
154BAD PRECEDENTS Evening Post, Volume CX, Issue 137, 8 December 1930, Page 10
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