Additional Subsidy of £900,000 to be Asked for London, Dee. 9
Parliament is to be asked to present financial year, bringing the Jamount of the subsidy this year $5,400,000.
'A supplementary estimate of th: Ministry of Agriculture, published to-day, describes the £900,000 as. being required for further provision for the payment of the subsidy on sugar and molasses manufactured {from beet grown in Great Britain. An explanation of the increase is that counter-balancing the subsidy some extent is the excise duty, which, st the existing rates on sugar Jand molasses manufactured from [beet grown in -Great "Britain, is estimated to yield this year £1,800,- }000. The net cost to the Exchequer this year is, accordingly, estimated The supplementary estimate will [be debated in the House of Commons. jon. Wednesday. Members -on both sides of the House have been expressing concern as to the effect which the present method of paying the subsidy has upon refiners of imported raw sugar—British Wire. less through Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.