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USERS OF COLD

AN AUSTRALIAN PREMIUM. , By Telegraph—Press Assn.—Copyright MELBOURNE, March 23. The Federal Government has decid- : ed to charge jewellers and other users - of gold a premium of 20s per ounce. "POSITION INJJOUTH AFRICA. Australian and N.Z. Cable Association. CAPETOWN, March 22. [ Speaking at the annual meeting of ; the Chamber of Mines in Johannes- . burg, Mr 'Wallers, president, said it - was no use to delude themselves with -the idea o fa premium on gold at present. When gold returned to its standard value they would be faced with lr two alternatives—either half the industry must close down, or the cost? \of production, including the coat of ' labour, must be reduced.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19200324.2.55

Bibliographic details

New Zealand Times, Volume XLVI, Issue 10546, 24 March 1920, Page 6

Word Count
111

USERS OF COLD New Zealand Times, Volume XLVI, Issue 10546, 24 March 1920, Page 6

USERS OF COLD New Zealand Times, Volume XLVI, Issue 10546, 24 March 1920, Page 6