OIL IN NEW GUINEA.
STEPS FOR DEVELOPMENT.
By Cable. — Press Association. — Copyright,
(Beeeived March 13, 10.55 a.m*> BERLISr, March 12
The Eeichstag has voted half a million marks, and will appoint an expert to investigate the recent oil finds in North-west New Guinea, prior to granting any concessions.
[When the discovery of the oil was first announced, it\was stated that four large companies were applying- for exploitation rights, including a monopoly of the land, telegraphs, and the exemption' from taxes for 15
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Bibliographic details
Sun (Christchurch), Volume I, Issue 31, 13 March 1914, Page 7
Word Count
82OIL IN NEW GUINEA. Sun (Christchurch), Volume I, Issue 31, 13 March 1914, Page 7
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Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.