Plantation
p. 100 · Read in the full issue
Payment For Ng Copra At
WHEN Mr. Max Babbage, secretary of the Bougainville Planters’ Associa tion interviewed officials of the De partment of External Territories in Can berra in mid-March, one of the things discussed was the payment for copra held by planters in their own stores.
Later, Mr. Babbage said that the Aus tralian government was favourably in clined to institute a scheme where by copra which, due to shipping difficul ties, cannot be got away quickly, can be paid for up to about 70 per cent, of its value on a written certificate from a local government official.
It is understood that the Commonwealth Bank has agreed to finance such a scheme, which would be of great benefit to planters in isolated putports where; shipping has been, since the war, most erratic.