NAURU ISLAND.
NEGOTIATIONS FOR THE TRANSFER ORIGINAL COST EXCEEDED. By Teleirraph.—Press Aasn.—Coptflgbt. Received March 12, 10 p.m. London, March 11.
When the Nauru agreement was completed in Paris in June, 1010, it was estimated it would cost £3,000,000 to buy out the Pacific Phosphates Company's interests. Negotiations for the purchase are proceeding, and it is understood a settlement is likely to be reached which will enable the agreement to operate from July next. It is reported in the city that the purchase money is likely to exceed the original estimate by nearly twenty per cent.—Aus.-N.Z. Cable Assa,
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Taranaki Daily News, 13 March 1920, Page 4
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97NAURU ISLAND. Taranaki Daily News, 13 March 1920, Page 4
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