Papuan Sugar.
p. 45 · Read in the full issue
New Co. Leases 20,000 Acres.
A new company, known as N.S.W. and Associated Investments, Ltd., formed to grow sugar in Papua, has been regis tered in Pt. Moresby with a nominal capital of £600,000, and has been granted a lease of 20,000 acres near Keppel Pt., south of Tufi, on Collingwood Bay, on the north-east coast of Papua.
This was originally known as Mc Gown’s land; then a concern called Papuan Rural Products, Ltd., came into the picture: after that, the famous Mr.
Mond, and Mr. Beckett, became inter ested in this area as a basis for com pany promotion. Then it was aban doned, and the new company referred to, in which Senator Kingsmill, Mr.
Gus Nelson (a well-known Papua resi dent) and other reputable people are in terested, took up the area. They ap pear to be proceeding carefully with a big scheme.
There is nothing wrong with the land —it is admirably suited to its purpose —but it acquired a bad smell owing to the number of “wild cats” that were prowling around it.
Miss Hester Clark, a nursing sister, who has been about 20 years in the service of the Methodist Church as a missionary, mostly in Fiji, is spending part of her furlough, in Melbourne.
Her most recent station was India.
