GERMAN PETROL
I . -The home production of motor spirit > is to he encouraged in Germany, a re- > cent decree requiring petrol sold tor >, motor vehicle use to contain 'J\ per > cent, home distilled spirit, and it is l expected that this will be increased to >! 3? per cent, next year and later to 4 > pet" cent. The Government has ton--5 eluded an agreement by which ol per >| eent. of the share capital of the State ! Monopoly Company will be handed over > to a group of private petrol companies. > including German branches of .British and American concerns, which are will>i ling to sell only such petrol a.s con- ' tains the prescribed addition of spirit; i 1 49 per cent, of the share capital of the new -Monopoly Company remains with the German Government, which has the right to appoint the president of the board of directors.
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Bibliographic details
Hawera Star, Volume L, 7 February 1931, Page 13
Word Count
145GERMAN PETROL Hawera Star, Volume L, 7 February 1931, Page 13
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