IRONSAND LEASES.

Taranaki Daily News, Volume XLVII, Issue 8114, 19 May 1906, Page 2

IRONSAND LEASES.

DISCUSSED BY CHAMBER OF COMMERCE.

A special meoting was held on Friday oveumg. There was a good attendance, Mr W. Ambury presiding. The President explained that the meeting hail Ik-cu calied tor the purpose of considering Hie Parapara iron ore leases, wow etipivully (Uu clause dealing with the ("rover lmeut's right to icqiii'e at a valuation any works established. Tne i n'uutiun of the company was lun-jiUj lire because of this clause, lie read a letter from Mr Samuel, expressing Jus approval of the agitation to have my clause deleted, ilr A.ub.iry emphasised the point that tlu> laruiuki irouuud industry could not be ibuted waliout Parapara. Mr Berry «rjte thai tue flotation of the comp'U/ was as»uivd it this objectionauic clause were deleted.

Mr Brooking iiuved, " That this chamber expresses tlie hjpe that the Government and Parliament will see their way to eliminate Clause 11 m the Parapara lease, naich enables the Government to purchase back the iron lease with luacuinery, etc., as such clause is interfering with the establishment of a great industry which would benefit the whole colony." Mr Penn seconded.

Mr Praser pointed out that the working of Tarauaki ironsaud deposits depended on the working of Parapara. Mr Connett supported the motion. He considered that public meetings should be held to secure the deletion of the clause. It was a vital matter. There was a stroug element m Parliament, ho remarked, who wanted to nationalise everything. Tho four members in Taranaki might be asked to help the Chamber in this matter.

Mr Morrison said he had seen some boautiful iron producod from Parapara ores. Taranaki should adopt every possible means to have the irons and industry established. The motion was carried.

Mr M. Fraser moved, ''That His Worship the Mayor of Mew Plymouth be requested to call a public meeting at an early date, at whicn the four members representing Taranaki, and representative men from all parts of the p"ovince be invited to be present to consider the question of the elimination of Claus® li from the Parapara leases, which clause endangers the development of tho Taranaki ironsand industry."

Mr Arnold seconded, and the motion was carried unanimously. On the motion of Mr Goldwatcr, seconded by Mr Paton, it was decided to forward a copy of the previous resolution to each of the members for the Taranaki province, asking their assistance in getting a Bill passed when Parliament meets.