PRICE INSURANCE
MORE HELP FOR BRITISH FARMERS. SCHEME APPLIED TO CROPS AND STOCK. (British Official Wireless.) RUGBY, May 18. The Minister of Agriculture, Sir Reginald Dorman-Smith, announced in the House of Commons today that the Government had decided to give further assistance to agriculture by the application of the principle of price insurance to sheep, barley and oats. For oats the cost would be £2,120,000 in respect of the 1938 crop, and minimum liability in any one year in future would be £4,500,000. For barley the additional cost for the 1938 crop would be £BOO,OOO, and the Minister could make no estimate regarding future costs. In the case of sheep, the expected cost would average about £900.000 yearly.
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Wairarapa Times-Age, 20 May 1939, Page 7
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118PRICE INSURANCE Wairarapa Times-Age, 20 May 1939, Page 7
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