KAURI GUM
LIMITED CONTROL POLICY. MERCHANTS AND BOARD CONFER. (Per United Press Association.) Auckland, July 2. In furtherance of the policy of limited control the. Kauri Gum Board yesterday met merchants regarding the sale of Government stocks and other matters connected with the industry. It is reported that a strong desire was evinced to work together for the industry’s good. Certain recommendations will be made to the Minister of Lands regarding future operations. The chairman (Mr M. H. Wynward) states that the board intends to work along commercial lines and deal only in saleable classes of gum.. It had power to raise capital by debentures and make arrangements for bank accommodations. Such funds would be supplied by the proceeds of the new levy now imposed on all gum exported. The Department of Scientific and Industrial Research is about to undertake experiments in the utilisation of waste timber in kauri basins. Mr Wynward said he understood a commercial concern proposed to treat swamp timber for oil and other residual products.
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Bibliographic details
Southland Times, Issue 20220, 4 July 1927, Page 8
Word Count
169KAURI GUM Southland Times, Issue 20220, 4 July 1927, Page 8
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