Papuan Rubber.
p. 44 · Read in the full issue
Manufacturers Take Further Supplies.
From Our Own Correspondent.
PT MORESBY, December 28.
Temporary relief has been granted the Papuan rubber planting industry by the decision of the Australian rubber manufacturers to purchase Papuan rubber till March 31.
It is reported that the agreement was made at a meeting of the manufac turers and representatives of the planters in Melbourne on December 5.
Editorial Note.
According to a prominent Sydney rubber manu facturer the decision to purchase no more Papuan rubber has nothing to do with tariffs, only a question of supply. The manufacturer holds large stocks of Papuan rubber, owing to a combination of circumstances, and so has stopped buying. The policy of this concern, which uses a tremendous amount of raw rubber, is to help Papuan planters all it can by buying as much of their output as it is able to use.
Federal Government has not been approached, but after the Melbourne meeting a new proposal will be put to the Minister for Trade and Customs.