THE WHALING INDUSTRY

Poverty Bay Herald, Volume LIV, Issue 16838, 29 December 1928, Page 6

THE WHALING INDUSTRY

AUSTRALIA'S OPPORTUNITY The great wealth of writers wishing the Australian coast was the subject of a lecture to members of the Sydney Millions Club last week-. .After icaliug with (he fabulous profits realised by various Norwegian whaling companies in recent years, whose return had amounted to millions of pounds sterling, Mr. Stead strongly advocated the Pslnhlislnnent of whaling stations in Australia. The whales. 'he declared. were to be joiind in Ihe bell of wafer running round Antarctica, which was jusfi twice the size of Australia, with a coastline one and a-half times greater bhan that id' Australia. As the winter approached the whales left those waters and travelled to (he sub-Antarctic wafers. They visited both sides of the continent of 'Australia, both sides of Patagonia, and both sides of South Africa, bast rear, in Western Australian waters. 1036 whales, which yielded 36,000 barrels ■f oil, wero fakeu by a Norwegian com'nauv. In the previous year 999 whales were cant tired, and in 1926 760 whales. "I believe the business men of Sydney. without entering wdialiim. could make Svdney n great centre for the handling of all that vast wealth in oil," added Mr. Stead.