CARGO REPLACEMENT

Gisborne Herald, Volume LXVI, Issue 20116, 9 December 1939, Page 10

CARGO REPLACEMENT

LOST ON WAIKOUAITI MINISTER’S STATEMENT PROVISION OF FUNDS (Per Press Assncintion. I WELLINGTON, this clay. Tiie position in connection with the replacement of cargo lost on the wrecked steamer Waikouaiti, so far as the granting of licenses and the provision of funds covering such licenses is concerned, was the subject of a statement made by the Minister of Customs, the lion, W. Nash: The Minister said that a number of inquiries had been received on this question. “It is proposed to consider applications having regard to the nature of the goods and whether any additional drain on the Dominion’s overseas funds is involved. In view of the necessity to conserve the overseas funds for essential requirements, it may be necessary to decline applications if the goods are not of an essential character and a further remittance of funds is required. If replacement docs not entail any provision for additional funds, the issue of a further license to import will not be necessary. License Applications. “Importers may find it possible to arrange for replacement of shipments by utilising money payable in Australia. Any applications for licenses to import goods in replacement of those lost should be submitted to the Collector of Customs, with full particulars of the value l of the cargo lost, how payment to the supplier is effected, how insured and whether payable in or out of New Zealand.’’ said the Minister.

“The seriousness of the loss of cargo of this nature, particularly a‘ this time, when most of the goods are so urgently required, many of them for manufacturing purposes, will be realised,” said Mr. Nash, “from the following list of some of the items in the cargo, little of which, it appears, will be saved: 700 tons of coal, a large quantity of hardwood timber, a large quantity of structural steel, roofing iron and sheets, machinery, electrical equipment, copper cable, wire netting, nails, wire, tin ingots, lead bars, drugs, rubber goods, crepe rubber, cod liver oil, olive oil, colours for paints, dyes, felt, desiccated coconut, rice, bottles, sheep dip. plywood, linseed oil, lubricating oil and grease, brake material, tea, gluten, flour, cornflour, cream of tartar,’ tartaric acid, citric acid, piece goods of cotton and rayon, nitrate of soda, grass seeds, fruit juices, preserved fruits, including pineapple, wine, wheat, glycerine, chewing gum, hemp, and wrapping paper.”