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Bonuses for Phosphates.

Details of the bonuses for phosphates are gazetted. The sum to be paid by the N Z Government " for the discovery and working withm the colony of a deposit or deposits of marketable mineral phosphate is /500 if on Crown lands, and if on freehold lands. The conditions are — " (1) That no fertiliser containing material from the deposit has been placed upon the market previous to the date hereof (12th July) ; (2) that the raw material is reasonably accessible and can be worked at a profit ; (3) that the committee appointed by the

Minister for Agriculture to examine the deposit is satisfied that there is sufficient to meet all ordinary demands of the colony for five years , (4) that the fertiliser made from the phosphate can be disposed of at a price which will allow of its being" remuneratively used for agricultural purposes ; (5) that the composition of the phosphates shall average not less than 50 per cent, of phosphate of lime (tncalcic phosphate) ; provided, however, that should a phosphate of a lower average composition be discovered the committee may recommend that a portion of the bonus be granted ; (6) that the bonus will only be paid to the first claimant who satisfies the above conditions." The terms of payment will be — One fifth on the committee reporting favourably of the discovery ; one-fifth on delivery of first 200 tons topurchasers; the remaining three-fifths by equal payments on delivery of each additional 150 tons to purchasers. Applications, addressed to The Hon. the Minister for Agriculture, Wellington," will be received up to, and including 31st March, 1907. Specimens of the rock may be seen at the office of any inspector of stock in the colony, and these officers will also supDly descriptive leaflets.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/P19060901.2.14.7

Bibliographic details

Progress, Volume I, Issue II, 1 September 1906, Page 314

Word Count
294

Bonuses for Phosphates. Progress, Volume I, Issue II, 1 September 1906, Page 314

Bonuses for Phosphates. Progress, Volume I, Issue II, 1 September 1906, Page 314

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