TIN PRODUCTION

Otago Daily Times, Issue 23706, 13 January 1939, Page 12

TIN PRODUCTION

THE RESTRICTION PLAN METHOD OF OPERATION (Special to Daily Times) AUCKLAND, Jan. 12. World restriction of tin production was the subject of comment by Mr S. G. Lyon, a mining engineer at present engaged in tin production in Siam, who arrived by the Maetsuycker to visit his wife and family in Christchurch. Mr Lyon was born in Central Otago, where he received bis dredging experience, and after working for some years in Malaya he returned to New Zealand and worked near Murchison on the West Coast for about three years. He took up his present position in Siam about 14 months ago. “ The situation is now that companies producing tin., have had to cut down their operations until they are using only about three-quarters of their plant,” Mr Lyon said, “In 1930 a tin restriction agreement was entered into by the four tin-producing countries— Malaya, the Netherlands East Indies, Bolivia, and Nigeria—and-;under this agreement in view of, the depressed markets only a proportion of the amount marketed in 1929 was produced. Since then the four countries have been continually decreasing the amount of tin produced. The committee, which decides the amount, nominates six weeks ahead what ,is to be produced and bases its figures on the 1929 figures, i This body was also set up in 1930” *•- ■ •••