BOUNTY SYSTEM.

Gisborne Times, Volume XXIII, Issue 1812, 19 July 1906, Page 3

BOUNTY SYSTEM.

FEDERAL GOVERNMENT'S PROPOSAL.

PRESS ASSOCIATION—COPYRIGHT Received 10.57 p.m., July IS. Melbourne, July 18. . In the House of Representatives Sir W. Lyno introduced tho now Bounties Bill, which provides for tho payment of a maximum of fift3 r thousand pounds per annum for teu years, beginning on July l>th, 1900. Articles must be tho product of white labor, and recipients of bounty are expected to submit to some control in tho matter of wages, bounties, tho time of their duration, and tho annual amount which the bonus must not exceed in each case, ns follows :

On cocoa the bounty is a penny per

pound on dried beans, spread over nine years, tho total annual bonus not to exceed one thousand pounds. On coffee and chicory tho amount is one penny per pound for eight years, not to exceed two thousand live hundred pounds Cotton : Equal to ton per centum of market value for live years, £ISOO. Canned fish : Half-penny per pound for five years, £II,OOO. Milk, condensed : One farthing per pound for five years, £SOOO. Powdered milk : Three farthings per pound for five years, £SOOO. Oils : Equal to ton per centum on the markot value on olive, China, linseed, castor, colla, suuilower essential, cotton seed, and other oils, for ten years, £(35 00 in all. Rico : Twenty shillings per ton for five years, £ISOO. Fibres : Equal to ten per centum of the market llax, Ranue, Sisal hemp, New Zealand Has, Pandanus, and such other fibres as may bo prescribed :

ten years ; £6OOO. Miscellaneous products: Bounty not fixed on rubber, kapok, and such other goods as may bo prescribed; 10 years; £7OOO pounds in all.