'Coal should be kept in N.Z.’

Press, Volume CXV, Issue 33874, 20 June 1975, Page 14

' Coal should be kept in N.Z.’

1 N The mining of Mount i 'Davy coal by a 100 per] (cent New Zealand-owned j - company would be no t| guarantee that the; /deposits would be used for the benefit of New Zealanders, a spokesman i for Campaign Against ! I Foreign Control in New : |Zealand (Mr B. Rosen-; J burg) said in a state-! >; ment yesterday. ■ i i ■ i Mr Rosenburg said that the organisation’s basic approach to New Zealand resources 1 was that they should be used for the benefit of New Zealanders. ; However, a New Zealandowned consortium would not necessarily have at heart the interests of the New Zealand people as a whole. “The companies. N.Z. Forest Products and C. and I

I . |A. Odlins (even to the extent • that they are New Zealand- ! lowned) obviously do not.”| the statement said. ’• “C.A.F.C.I.N.Z. favours! .(mining by co-operative enter-! prise. “Our principle objection to the scheme is the permanent loss of resources that it involves. We consider that it! is better conserved in New I Zealand, and not exported. It ! (should be kept for present or! I future use by New Zealand industry, supplying employ-

jment not only in the mining operations but also In production.” Mr Rosenburg said that C.A.F.C.I.N.Z. had no policy saying that mining of the Mount Davy field should go ahead only if the mining com-; pany was 100 per cent Nevvj Zealand-owned. “In fact this is not the! policy of C.A.F.C.1.N.Z., but | (the feeling of a meeting! organised bv us last Tues-j Iday,” he said.