New aluminium smelter
Sir, — Professor Moeseke has warned the New Zealand public iof the : flaws, in the proposed Fletcher-C.S.R.-Alusuisse scheme. It seems certain that when all factors are considered the proposed smelter will result in higher electricity prices and taxes to provide cheap power for the consortium. More overseas loans will further increase our interest load. Interest and other invisibles already require all the earnings from our meat exports. As Professor Moeseke points out, a reduction in the price of electricity to the present New Zealand consumers would lower costs of production and allow the economy to expand. Many more jobs would become available. This would benefit all New -Zealanders. Instead our Government seems to be committing us to • a scheme which will only be of benefit to the overseas multinational companies. — Yours, etc., ROSEMARY BARNES, Cheviot. August 8, 1980.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19800811.2.87.5
Bibliographic details
Press, 11 August 1980, Page 16
Word Count
140New aluminium smelter Press, 11 August 1980, Page 16
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in