WHEAT SUPPLIES.
Our Government have ventured into one commercial (undertaking in the State coal mine, and they could very well enter into another by growing and holding wheat in sufficient quantities to control the -market within their sphere. It is a matter which deserves the fullest consideration of Parliament during the next session. It is, of course, too late to think of controlling the New Zealand wheat market by Government supplies in time to avert famine prices, should the American’s prediction . unfortunately prove true, but-the present panic should, be a lesson to teach us to be more provident in the future. With such a crisis threatening we think the Government would be ctoing no more than its duty to tho people if they placed a heavy export duty' on all the wheat and flour that left our shores. Under the Flour and Other Products Act, 1908, we are protected to a certain extent against combines within the Dominion, yet at. a time like the present we apparently want protection against the “bull” outside.—“ Hastings Standard.”
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Gisborne Times, Volume XXVII, Issue 2494, 6 May 1909, Page 2
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175WHEAT SUPPLIES. Gisborne Times, Volume XXVII, Issue 2494, 6 May 1909, Page 2
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