Copra Bonus
pp. 19-20 · Read in the full issue
French Planters Receive 90 frs. per Ton
From Our Own Correspondent.
PAPEETE, January 15.
THE copra bonus payable to producers in French Oceania has been fixed at 30 frs. (about £1/10/- Aust.) per ton for the year ended June 30, 1934, and is now being distributed by the Administration. Based on the export figures for 1933, the bonus will be payable on about 18,000 tons and will therefore represent a total outlay of approximately 1,620,000 frs.
Naturally the timely distribution of this sum, which works out at more than 40 frs. per head over the whole population of French Oceania, has helped out the Christ mas and New Year shopping enormously and gladdened the hearts of the local store keepers. There is also a more hopeful spirit abroad as to copra’s future.
Mr. Burleigh Gorman, well-known as one of the pioneers on the Morobe gold field, New Guinea, is very seriously ill and receiving attention in a private hos pital at Randwick, Sydney.