THE TIMBER TRADE.
Before the Timber Commission at Auckland the Hon. E. Mitchelson, representing Mitchelson and Com pany, large timber exporters, said his company had not paid a dividend for the last five years, though last year they made a profit of 9J per cent., without allowing for depreciation. He opposed an export duty on kauri, which would close all the Northern mills, and throw a large number of men out of employment, without cheapening timber, which was at bedrock prices now. It was the purest nonsense to talk of conservation of the bush in view of insecurity from fire risks. He denied that timber was re-exported from Australia at prices lower than were charged here. He thought the ! present duty on Oregon pine sufficient.
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https://paperspast.natlib.govt.nz/newspapers/WAG19090513.2.13.3
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Wairarapa Age, Volume XXXII, Issue 3188, 13 May 1909, Page 4
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125THE TIMBER TRADE. Wairarapa Age, Volume XXXII, Issue 3188, 13 May 1909, Page 4
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