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DEALING WITH ENEMY PROPERTY.

(Australian and N.Z. Cable Assn.) Received November 9, at 6.50 p.m. London. November 9.

In the House of Commons. Mr Leslie F. Scott. K.C.. Unionist member for Exchange, moved a motion in favor of restricting the sale of enemy properties in Crown~ colonies ancl protectorates to natural-born Bruisers and all-British companies. He disavowed' any antagonism toward?, neutrals, but deplored the Government's method of selling the enemy's Nurenan properties. The Government had authorised the sale by auction of enemy properties in Nigeria representing £'l .000.000 in capital, including steamers, wharves, warehouses, and factories, and he argued that it was possible for the business to pass into enemy hand». The Government was taking the best steps to boom German trade, and had spent- much money advertising the sales amongst centrals. The riuestion of anti-trnst legislation and the safeguarding of natives should wait- until Great Britain had secured the fruits of the war for the Empire. . Mr Ronald M Neil, Unionist member for St. Augustine's, declared that tho Government's course was if direct violation of the Paris Conference resolutions conserving to the Allies their - natural resources for post-war reconstruction. He did not want to exclude pities and neutral*, but he felt the properties should be reserved for British ownerSll Mr A. H. I). Ramsey Steel-Maitland. Under-Secretary to the Colonial Office, said the Government was taking special precautions against euemy ownership. Tho Government's polity was in accordance with the spirit of the Paris ConferThe motion was defeated by 231 to nr.

Received November 9, at 5.25 P- I®- 1 ®- London, November ». The Lord Rhondda Syndicate paid £360,000 for the estate of Wulfing and Co., manufacturing chemists. . The Government ordered the winding op of 330 enemy firms, and half ot these have been concluded, excepting tor the collection ot" outstanding debts. (Reuters Telegrams.) Received November 10, at 0-4-? P- m - London, November V. The Lord Rhondda Syndicate has purchased for £350,000 the , tinental Guano Company, formerly a German concern.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM19161110.2.56.2

Bibliographic details

Oamaru Mail, Volume XLVI, Issue 12998, 10 November 1916, Page 5

Word Count
328

DEALING WITH ENEMY PROPERTY. Oamaru Mail, Volume XLVI, Issue 12998, 10 November 1916, Page 5

DEALING WITH ENEMY PROPERTY. Oamaru Mail, Volume XLVI, Issue 12998, 10 November 1916, Page 5