UNFAIR
( Press. Assn.-
ARRANGEMENT WITH REGARD TO NAURU ISLAND PHOSPHATES
-I>y Telegraph — Copyriglit).
Iiec. Sept. 23. Rugby, Sept. 22. Vvhen the Bi itish Commissioner presents Ihe report of his visit to Nauru there is likely to be a close exarninatjon of ihe advantages of iusiialia and N e\v Zealand in paying 'or phosphalcs in depreciated cur■eneies. The Parllnnn ntary Pulxlic Aceounts Commlttee's rei'ort sliows that the poshioii was lengtiiily investigated at ;ne s'.-i shm. al vhich it was suggested ; hat BritfJn shouhl make an exchange orofit of 15s for every i'2 worth pur'•hased, but it was admiited that the eost was too ir'gh for Britain to use upplies. The eornniiltee's report expresses ■he :pi.;b n that ihe position is in- ■ ciiili.ibie, and hopes ihat the arrangemeiit will i e madu faiver to Britain, 1 otli in the form of accounts and the •lice paid for tlie output, instead of . egarding all curreneies as identical :n value.
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Rotorua Morning Post, Volume 2, Issue 336, 24 September 1932, Page 5
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156UNFAIR Rotorua Morning Post, Volume 2, Issue 336, 24 September 1932, Page 5
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