P-Ng Copra Stabilisation
p. 133 · Read in the full issue
Board Elects Chairman
Representative of Papuan copra producers, Mr. B. Fairfax- Ross, has been elected Chair man of the newly-constituted Copra Industry Stabilisation Board of Papua-New Guinea.
The inaugural meeting was held
in Port Moresby on January 16.
The board has been set up to control distributions from the Copra Stabilisation Fund when and if it is ever considered that the state of the copra market is such as to warrant a bounty The fund amounts to £2,630,000 at present and is still being augmented from levies made on all copra exported from P-NG.
Members of the Board are: Mr. C. L. Bailey and Mr. F. H.
Wilson (representing New Guinea producers) ; Mr. B. E. Fairfax-Ross (representing Papua producers); Mr. H. H. Reeve, Treasurer and Director of Finance; Mr. R. E. P.
Dwyer, Director of Agriculture, Stock and Fisheries,