MATCH MONOPOLY
SALE TO COMPANY FRENCH TRANSACTION By Cable.—Press A.s.\ iation. — Copyright PARIS, Saturday. The Premier and Finance Minister, M. Poincare, has issued a statemeut to the Cabinet regarding the proposed grant of a monopoly to sell matches to a company. Under his plan the directors must be exclusively French. Foreign holders of shares will not be entitled to have any control in the management of the company. A deposit with the State of a sum of £20,000,000 is to be required, and also a guarantee of an annual payment to the State by the company of a sum corresponding to the revenue which has accrued from the State monopoly in the past, together with a large share of the profits. The State would fix the selling price of matches.—A. and N.Z.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/SUNAK19270328.2.39.25
Bibliographic details
Ngā taipitopito pukapuka
Sun (Auckland), Volume 1, Issue 5, 28 March 1927, Page 7
Word count
Tapeke kupu
132MATCH MONOPOLY Sun (Auckland), Volume 1, Issue 5, 28 March 1927, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in