NEW GUINEA
<t 'll KM F. TO At'Ol IBM-'. I'I.AN l A I lONS Mil l ie,-trie Telegraph- Copyright) Australis , oi N.Z Ca.Ue Association! Ft IN I lON . Api il 7. I he Fim,iieial '( iiiu-s inch islands that tiriih-r of two millions has been made ii,- the Common wea It It Government on helialf of an influential British svndi i at,- comprising imp- - t int shipping and hiiaiuial interests tor British New Guinea plantations appropriated from the runny in wartime, and also a Bn oi i- of £2.150.000 from another so, tree ■vhieli is zeheVi'd to he acting on hehall ol a German group. It adds that should the properties he aeipiired hv the Lrit is! I svndieale the Ih-lal'i'ii ol a ptdilie ei ini pa ny is likely to follow, in wlmli easi the undertaking is a long wav l-iie largest plantation proposition of its kind i vi t pi esetited for public support The biggest, existing company ol a similar nature is the A ugh <- Dutch plantations ol .lava ovvnoig 212.024 acres, of which 68.G7C are under cultivation. I'he writi'!' gives the total area ol the Ni-w I tunica unmet t ies as 480.000 acres of which the area under cull i vat ion is unknown, hut it was estimaled in 1020 l hat I'he aggri gate vaiue of the proper ties amoiiiiß'd to ahotil four millions.
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Bibliographic details
Nelson Evening Mail, Volume LXI, 8 April 1926, Page 5
Word Count
229NEW GUINEA Nelson Evening Mail, Volume LXI, 8 April 1926, Page 5
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