Effect Of Oil Search In

Papua

HHE fall in the price of copra and other L commodities is not causing much nbarrassment in Papua.

“Things here are not by any means 3 depressed as they might be," says a ort Moresby merchant in a letter to the ditor, ‘“We have to thank the active aerations of the various companies hich are seeking for oil. I sincerely ape that their activities will continue >r at least another two years; for, by lat time, I think the world will have ;raightened out some of its compli itions, and our commodities will bo ale to keep us going comfortably ?ain."