Head of Big Pacific Trading Co.

W.R.C.

Back in Sydney After Successful Establishment of Canadian Co.

SIR WALTER head of W R. Carpenter & Co., Ltd., is pay ing Sydney a short visit, after three years’ residence in Canada. He is accompanied by Laciy Carpenter.

Sir, Walter has one of the shrewdest minds in the world of Austral-Pacific finance- He founded his big company 25 years ago, and saw it flourish; and when the war-clouds (which he had long fore seen) came in 1939, he knew what they meant to Pacific trade- He disappeared for a time from Sydney; and, when he returned, he had laid the foundations of W R Carpenter & Co. (Canada), Ltd., and established the first copra-crushing plant in Canada. Copra, part of his big firm’s life-blood, being now shut out of Europe by war, found a new and profit able market in Canada.

Then came the Japanese invasion. Sud denly, the free world, instead of having far too much copra, did not have nearly enough: and again there developed a situation wholly in favour of Sir Walter’s Canadian enterprise. He has watched his Canadian company grow—and grow.

Sir Walter is treating his Sydney visit as a holiday. He has worked very hard for many years, and has well earned the rest his health demands He expects to return to Canada in February-