[?] For Producer;
p. 25 · Read in the full issue
[?] [?]RA [?] For Producer; [?]5O For " Charges"
S low price that producers in tie Gilbert and Ellice Islands lolony receive for their copra •eceived attention before from TM ; it will probably come as a to producers in other Pacific Is —receiving around £A6O per nder the current MOF price— arn that the same grade in benefits growers to the ex )f only £A23/6/8. e is price structure for 1956: ‘ MOF price, ex Tarawa, is 2/6, and these funds are ;d as follows: Producer 5/8; Producers’ Co-operative y agency fee £5/8/4; Co bive Society shipping bonus ; Wholesale Society agency /7/2; Wholesale Society ship handling, etc., charges £l2/19/9; Board Development and isation Reserve Fund £6/8/-; nment Export Duty £lB/5/7. co-operative societies do the handling and production, and holesale society does the pur ig and exporting business. ra production in the Colony tirely in the hands of the s and the biggest slug of the m their industry is the
£lB/5/7 extracted by the Govern ment as export duty. This in cidentally, provides the Colony with about one-third of its revenue No doubt the Colony’s govern ment has an impressive list of reasons why this fierce tax should be levied on the industry. None theless, it is not hard to imagine the screams of rage that would go up from Moscow, Delhi and points East if some private enterprise filched from native producers two thirds of the amount European copra producers are getting in other parts of the Pacific.
“Exploitation” would be the verdict. t Messrs. W. G. Johnson, chairman and managing director of W. R Carpenter and Co. (Fiji) Ltd., and H. E. Snell, chairman and manag ing director of Morris Hedstrom Ltd., members of the board of W. R Carpenter and Co. Ltd., are ex pected to come to Sydney from Suva for the annual meeting of WRC on September 28.
Late News
Distress signals picked up September 17 by an amateur radio operator in Port Moresb> saved the life of a yachtsman whose engine had failed.
Daniel Weil (last reported May PIM at Canton Is., more recently in BSIP), drifted for hours in yacht "Yasme" in heavy seas. He sent out SOS messages which were picked up by the Port Moresby amateur, Frank Nolan Weil said he had "given up the ghost" and couldn't last much longer. Nolan gave Civil Aviation authorities in Port Moresby Weil's position. They sent out a launch which found the disabled yacht and took it in tow.