BRITISH AGRICULTURE

Sun (Auckland), Volume 1, Issue 105, 25 July 1927, Page 9

BRITISH AGRICULTURE

FIGHT WITH DEPRESSION POLICY OF GOVERNMENT British Wireless—Press Assn Copyright RUGBY, Saturday. A speech was delivered In Lincolnshire by the Prime Minister, Mr. Baldwin, prior to his departure for Canada. He devoted his - remarks exclusively to the Government’s agricultural policy. Referring to criticisms that policy has encountered, Mr. Baldwin said it must be remembered that agricultural depression was world-wide. He did not know of any country to-day where the situation was considered satisfactory. In the United States, in Canada, on the Continent and even in Denmark, the agricultural industry was passing through difficult times. The country which was perhaps pulling through most successfully was Canada. They had reached the conclusion that the depression prevailing arose from disequality between the prices of agricultural products and of manufactured products. Mr. Baldwin mentioned various ways in which the British Government had helped the farmers, and he mentioned a proposed scheme of credits. The problem of reviving agriculture was an economic and not a political one. He did not believe the agricultural industry would benefit by schemes for nationalisation and control. Better marketing was the principal key to the whole situation. — A. and N.Z.