GERMAN MACHINE TOOLS FOR NEW ZEALAND

Chronicle (Levin), 10 January 1947, Page 8

GERMAN MACHINE TOOLS FOR NEW ZEALAND

' (Special eorrespondent)/

Eeceived Thursdav, 7.30 p.m. LOXBOX, J aii. 9. 'A Xew Zealand Govermnent representative will go to Germanv next week to iiispeet the consignment of 15' ! maeluue tools whieh were alfocated to - Xew - Zealand under' the German re- ! pa rations agreeinent. The German val- ! nation of tlie tools is aliont £33,000, but it is i-onsid'ered that their prescnt market value is pro-bably twide'that tigure in Xew Zealand currency. . The Hritish and Aineriean authorities in Germanv have now devxsed an einergency delivery sfheiue under wlxich -plant alioeated as reparations is lifted and removed as quiekly as poasible. As a result, it is hoped that tlie tools alioeated to "Xew Zealand will be trans ferred to Hritain for transhipment wlrliout undue delay. ITeviousiy it had neen fonnd that eonsidenxble quauti fies of plant whieh were iiit ended for. reparations were neither being used bv the Germans nor lifted by the new owners. It is understood that, when the tools are received in Xrew Zealand, they will either be alioeated to Government andertakings or ofl'eTed for sale. The equipment comes chiefly front German armament, cliemical, and aireraft ■ plants, whieh were suppressed under the Paris Agreeinent. New Zealand' was alioeated 0.6 per cent. of the indnstrial eqnipment (ineluding shipping. to be mpupment (ineluding shipping) to be tions. She has already reeeived a small niotor ship, nanied the Gaarden, vmlued at aliont £47,000, bnt even when the uiaehine tools are delivered the Dom-in ion will k titi have received only litfTe niore tlian Iinlf the total amount due to her f'roin Ihe jmlustrial plant and shipping already dispersed. The total valne of - the reparations reeeived by the Dominion will depend uiioii the Ii H a. 1 over-all value of the rep-

arations eolleeted. Adviee was Teeent Iv reeeived in Lmidon that, the Arneri eans liad sel aside a fnrther 35 plants i n their /.oue for reparations purposes. Xew Zealand niay reeeive a further alloeation from tfiese when tlie plants are inspeeted and Ihe requirements ot tlie varions eoiintries iuterested have been assessed.