No Monopoly in Tyre Industry

Manawatu Times, Volume 63, Issue 183, 5 August 1938, Page 7

No Monopoly in Tyre Industry

assurance given by minister INTERESTS OF MOTORISTS BEING CONSIDERED Per Press Association. CHRISTCHURCH, Last Night. An assurance that the Government lias made no decision to set up a motortyro manufacturing industry “on a monopolistic basis” was received by the executive of the South Island Motor Union this evening from Hon. D. G. Sullivan (Minister of Industries and Commerce). “The rumours which have been in circulation are based on conjecture only,” the Minister wrote, “and arc not in accordance with the facts of the situation. I note that your union strenuously protests against a 11 tyre industry monopoly,” aud that it desires an assurance that there will be no increase in duty or any prohibition of imports,” the letter stated. “In reply I desire to inform you that no decision on a monopolistic basis has been made by the Government. “Tho whole matter is a very involved one and it has not yet reached the point where a final consideration can be given to the applications for licenses, which have been received. Until the research and technical investigations now being carried out have been completed the Government will not be in a position to arrive at any decision.” The Minister added that the whole question was still being carefully examined and the union could be assured that proper consideration was being given to the interests of the motorists.