NO SUGAR SHORTAGE
MINISTER’S ASSURANCE FARMERS’ REQUIREMENTS (Per Press Association.) DUNEDIN, this day. In a statement to-day on complaints of the inability of the farming community to purchase sugar in bulk, the Minister of Industries and Commerce, the Hon. D. G. O'Sullivan, stated there was no shortage and the Government had not rationed the commodity. Once hostilities commenced, Britain commandeered all the Em-pire-grown sugar and Russia was a heavy buyer of foreign stocks, thus causing a hardening in prices. New Zealand had stocks to meet a normal demand for at least six months and it was panic buying because of an imagined shortage that led to the merchants themselves rationing supplies. If people would be content to purchase normally, farmers would have no difficulty in securing requirements.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20094, 14 November 1939, Page 11
Word Count
127NO SUGAR SHORTAGE Gisborne Herald, Volume LXVI, Issue 20094, 14 November 1939, Page 11
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