[601B] Wt. 36325/814 50m. 1/49 C.N.Ld. 748
54403/8/51
5307
291
C. O.
Mr. Fairclough
Mr.
My Hall 16/4.
Armitage - Smith 575-
Mr..
Mr..
Mr.
Permt. U.S. of S.
Parly. U.S. S.
Minister of State
C
20 copies please
M.A. Pashes.
A. - 7 MAY Recd
T
D. 9
Rmp3
Secretary of State
Your Reference.......
C.D.W.(D) No 2038
DRAFT. Memorandum
Financial Summary
FURTHER ACTION.
HONG KONG
Part
Replacement of/lorry fleet of the Vegetable Marketing Organisation
Grant of £9,375 and Loan of £9,375
1. In September 1946 a Government wholesale vegetable marketing scheme was established in
Kowloon and the mainland part of the New Territories.
ware set out
7
The aims of the scheme were to ensure a fair return
130 C.D.W.AC. A.1298 nemorandum to the vegetable grower and a reasonable purchase January 1949.
(18 on-/48] wineor the consumer. The scheme is administered
by the Vegetable Marketing Organization under the control of the Director of Marketing and it is hoped that this organization will later become a secondary co-operative institution. Vegetables are collected from farmers of the New Territories and brought by road to the Government Wholesale Market in Kowloon where, with imported vegetables landed at the same site, they are sold under the supervision of staff of the Organisation. The object of the Organisation is not the accumulation of profit but the collection of sufficient revenue to permit it to operate efficiently, and ten per cent commission is charged on all sales to cover running costs. The system is largely responsible for the stability of
vegetable prices which in turn helps to prevent
fluctuations in the cost of living. The provision
Serious
/of
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