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Wednesday, 17 July 1946

Debate resumed from 16th July, (vide page 2556), on motion by Mr. Scully -

That the bill be now read a second time.

Upon which Mr. McEwen had moved by way of amendment -

That all the words after "That" be left out with a view to insert in lieu thereof the following words: - " the bill be withdrawn and redrafted to provide for stabilization of the wheat industry for a period of not Jess than ten years excluding the 1945-46 harvest, and, in particular, to provide -

(a)   a guaranteed price basis of not less than 5s. 2d. . per bushel, bagged, at growers' sidings, for the next crop;

(b)   thereafter, an annual guaranteed minimum price related to cost of production, allowing a margin of profit ;

(c)   the entitlement of growers to the full net realization of each annual pool less a' contribution to a stabilization fund of not more than 50 per cent, of realization in excess of the guaranteed price;

(d)   payment by the Government to the Australian Wheat Board of the difference between the prevailing export parity and the price at which any wheat is sold by Government direction for export or consumption within Australia, other than human consumption within Australia;

(e)   the establishment of an authority to ascertain current costs of production to enable the operation of the foregoing provisions; and

(f)   that, subject to the foregoing, the Australian Wheat Board shall have full authority in negotiating export sales, and shall be the authority to advise the Minister and act for the Minister in respect to any regulation of production."

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