American Tax On Oils

And Fats

THE United States House of Representa tives and the Senate at the end of June agreed to an import tax of three cents a pound on coconut oil and palm oil, and on taxes varying from two cents to four and a half cents a pound on whale oil and tallow.

This measure, which will probably be come operative in August, is part of a gigantic revenue bill to raise 1,000,000,000 dollars.

Australian tallow exporters will be hard hit, as an impost of £l6/10/- per ton would kill the trade with America, which is valued at £330,000 a year.

Mrs. E. C. Harris, wife of the Treasurer of Papua, returned to Port Moresby by the Montoro from Sydney on June 17.