LINEN FLAX INDUSTRY.
SUM OF £430,000 PROVIDED.
ESTABLISHMENT AND WORKING EXPENSES. (Special to the “Guardian.”) WELLINGTON, July 31. The sum of £430,000 is provided in the Supplementary Estimates introduced into the House of Representatives to-night for the establishment of a linen flax industry in the South, Island. The amount for land, works, and machinery is set down at £214,000, and working expenses are estimated at £261,000. The explanation is made that the total cost of the present developments proposals is £275,000, and that credits from the sale of fibre and seed are not expected until ( the financial year 194142. The individual items for lands, works, and machinery are: —Land acquisition, £4000; factory buildings and tanks, £80,000; factory machinery and installation, £2o',ooo'; field machinery and vehicles, £50,000; housing, £20,000; freight, materials, and preliminary expenses, £40,000. The workinn expenses aye set out as follows: —Wages, £2/1,000- purchase and harvesting; of seed and straw; £200,000; materials, repairs, compensation, etc., £40,000.
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Ashburton Guardian, Volume 60, Issue 252, 1 August 1940, Page 3
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157LINEN FLAX INDUSTRY. Ashburton Guardian, Volume 60, Issue 252, 1 August 1940, Page 3
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