NG Stressed
p. 11 · Read in the full issue
Cocoa Possibilities in NG Stressed
NEW GUINEA could produce 20,000 tons of cocoa beans per annum, according to Mr. J. P. D.
Lloyd, chairman of directors of Cadbury, Fry, Pascall Pty. Ltd., of Hobart.
Mr. Lloyd gave this opinion when speaking to the Economic Society at Hobart in August.
The figure is 20 times the pre sent production level.
Mr. Lloyd also said that there is a great risk in advancing money for the establishment of cocoa plantations in New Guinea.
The usual minimum size for a plantation, 150 acres, cost £23,000 to bring to bearing. There might be
some return in four years, but there would not be a full crop for six or seven years, he said .n T t h * then s^ ould be ab °ut 50 tons of beans, and cost of pro duction would be about £l7O a ton c too £ an exceptional man to start such an enterprise, Mr. Lloyd mUnnf nd f the best way to increase output of cocoa was to encourage native growers. tThe Western Samoan Death malo^Q 0r^er ha ? been amended to make Sam° an s liable for death and Europeans 8 ° n the Same basls as Lordship the Bishop of New Guinea (Bishop Strong) has been appointed to the Legislative Council of Papua and New Guinea in the £* ace ° f sev5 ev - f• G - Lewis > who has left the Territory.