A HUGE LOSS
/ AGRICULTURE IN GERMANY.
CABINET TO RESTRICT IMPORTS.
(.United Press Association- -By Telegraph-Copyright.)
BERLIN? September 23.
Announcing the Cabinet's oocision to restrict p-grioulatural imports, including fruit and butter, quotas for wu.ch would be fiJted by negotiation, the minister of agriculture, Herr Braun, revealed that the industry in the las't three years had lost £60,000,000 and at least seventy per cent of the farmers were paying interest out of capital.
. Cabinet decided that thfe interest on mortgages should be reduced during the next- two years by two per cent on condition that the money saved shall be repayable when the mortgages fall due.
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Hokitika Guardian, 27 September 1932, Page 5
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104A HUGE LOSS Hokitika Guardian, 27 September 1932, Page 5
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