The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 August 1955Vol. XXVI, No.1

Nc Disposes Of Ex-Jap

p. 55 · Read in the full issue

Property

From Our Own Correspondent NOT all the sequestrated Japanese properties in New Caledonia will be sold.

A large property of about 2,000 Biectares in the coffee-growing centre of Ponerihouen will be retained by the French Government for agricultural purposes. Farmers may be sent from France to work the property.

Several small ex-Japanese proper ties in the north of the island were put up for sale early in July.

When the land and houses have been sold, certain mining leases will be put on the market. It is believed that the authorities will not permit monopoly control of these leases.

The Goro mining area, once the of the Japanese-financed Societe Le Fer, is likely to be the centre of interest. This great iron ore concession on the south-east coast includes a valuable conveyor system for quick loading of ships.

It is possible that a local company, in which the Government Mining Bureau might be interested, may be formed to bid for this concession.

It is not known if the Japanese

will be represented at the sale.

Meanwhile four small ex-Japanese properties in Noumea suburbs are to be sold by auction with a jumping off price of 140,000 francs (about £A1,000) each. Two of the properties include small houses. t Melbourne is to be invaded by sports-loving young New Cale donians for the Olympics next year.

No need, though, for the Aus tralians to brush up their French.

It is being handled from the other end and Radio Noumea has instituted an English-by-Radio session to prepare all hands for the excursion. Classes are being conducted by the English Professor at La Perouse College. if A German free lance journalist, Dr. Krug, is to visit Papua-New Guinea to gather material for special articles to be published in 15 German newspapers. He plans to spend six weeks on his tour.