Papuan Rubber.
p. 41 · Read in the full issue
Payment of Bounty.
From Our Own Correspondent.
Pt. Moresby, April 13.
RUBBER growers here hope that the Federal Government will consider a proposal to overcome the difficulty of their not obtaining the bounty, until the manufacturers find it convenient to remove the rubber from bond.
The proposal is that the Common wealth make 90 per cent, of the duty on the rubber actually cleared or bonded, available to the Papuan Treasury every month.
This Government would then pay the planters an amount equal to 90 per cent, of duty collected on the quantities shipped, the balance being adjusted upon receipt of Australian Customs certificate of rubber actually cleared or bonded.
The Federal Government is consider ing the position.