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EXPLOITING MINERALS

QUEENSLAND SEEKS FOREIGN CAPITAL OUTGRY FROM LABOUR "The Queensland Government is taking a definite stand regarding the introduction of foreign capital to exploit mineral resources,” said Mr. M. If. Hampson, the Auckland solicitor who returned by the Marama this morning. He said that the Labour Government had refused to allow foreign capital to be used for this purpose, but the present Government was inviting overseas people to come in. Just recently an American syndicate had been granted the oil rights over an area of 100,000 acres in Queensland, and this had brought forth an outcry from the Labour people. Air services in Queensland had been definitely organised, particularly in the north. In the opinion of Mr. Hampson. Australia was a great flying country and the Moth machines were very popular.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19291217.2.101

Bibliographic details

Sun (Auckland), Volume III, Issue 848, 17 December 1929, Page 9

Word Count
132

EXPLOITING MINERALS Sun (Auckland), Volume III, Issue 848, 17 December 1929, Page 9

EXPLOITING MINERALS Sun (Auckland), Volume III, Issue 848, 17 December 1929, Page 9

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