THE OIL SUPPLY.
If the Government .of New ijeajand were fuljy .alive to the, of the ,Pomj.njon,, t it ( . would, /instead . ; .of
pursuing the. danger : qus: and. unjustk fiable course of entering ino competijtition with private ■ enterprises, set itself the task of nationalising the oil supplies of the country. That petroleum is to he found in various parts of the Dominion in payable quantities is a matter of common knowledge. To properly develop the fields will necessitate the employment' of conaderaibJe capital. Indi-
cations are not wanting that the: Standard Oil Company iß.appropriating to; itself the .whole of €he oil trade. -This means at once the setting up of a huge monopoly. Seeing that oil is so . necessary fof;• the working of our State railways and other State institutions, it is not unreasonable to suggest that the .nationalisation of the industry would be in the best, interests of the community. Why K *ben, does the Goyemmenjb.delay;?;; rJs--.it".waiting! until private enterprise :■ renders ; nationalisation impossible. Ory has it other '-?.'t : ',:•'■' •-"' - ! " ;: '' ""'■
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Wairarapa Age, Volume XXXII, Issue 10079, 29 August 1910, Page 4
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168THE OIL SUPPLY. Wairarapa Age, Volume XXXII, Issue 10079, 29 August 1910, Page 4
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