SCRAP IRON EXPORTS.

Auckland Star, Volume LXIX, Issue 189, 12 August 1938, Page 10

SCRAP IRON EXPORTS.

GOVERNMENT PROHIBITION.

LOOAL FIRM'S HEAVY LOSS.

' The Government's prohiliition of the exportation of scrap iron is capitulation ito the waterside workers who had refused to load scrap for Japan, accord- ; ing to the Auckland firm of F. E. Jackson and Company, Limited, which asked : thie State either to purchase scrap iron already accumulated or permit shipment to Great Britain, where it was urgently ; needed in armament manufacture. The .MinpanV.'baa been advised by the Minmir of. Cnsfoms, the Hon. W. Ndsh, thajt, aft*f* full , investigations, the Government has decided -that' • such action will not be taken at present." ~Tn prbtest to the the com pimy suggested that the Government was under' a' distinct obligation" to compensate it for 'losses involved through State action prohibiting the expoi>t of»<Crap,. particularJy as there was no : market for it in New ZeaTand, and- as ; the Government -refused permission to ' ,and now ' refused .to purchase. iXb® stocks of scrap in Ne# Zealand were considerable and' a' of" money had beep expended in itfi 'purchase 'from and in ! wdgei fw» c&llectihg and WJiW old ships and. 'tife breaking np of. old plant and machinery. The company points out that in 1934- scrap iron exports were valued at £34,842, in 1935 at £35,190, and in '1*36/ at f £46^)19.1