brought home to the cecple of the

gy

a

ct

oO
rsh
ww

VE

+S]

Us
w
ie}

it
wu
B
-§

rs
a0)

QO

rv
33

om
om
»?)

wo

*$

yw
4%

-niy om the basis of i

ba

come.

mM

&5 only by 4a nation-wide effert can tris
oJ
a

rower,

vroduetion can the future state of " sstern sanos hepe vo maintain,
2st alene improve,

its stévility,

its stanaare of living and its

Treeacn of éetion.
Some distinguished members of <znis Council have mentioned the
Territory's

eustoms teriff in the

course of the debate.

shat i have not been able to be more =xvlicit on tris

1 regret

point, which

is now before the Territorial Government for consia:rution.

I think

that i may safely assure the Council tnat nent year 4a more generally
setisfactory review cf the sesition .ill >¢ civen.
mainly the eoncern of tne Samcans tnenseives,

Sut this is now

it “ust be remembered,

and they are naturally eareful when making any raaicel changes in
for this is the

@

the tariff sehedule,

greatest single source of the

erritory's revenue and is likely tc remain so for a considerable
time,

Tre position of the aduinistering sutherizty in regard to

3

GO

course,

made

-epresentative at the
wn

quite eleag in the statemens

My

referential Tariff in‘ esten Same. was.

twelfth sessjon of this lounci
The helpful remarks mace regaraing the possibilitiss and advantages of eooperative societies as future preauction units and

alternétive fogas of soeic-econormic crganization,

and regarding the

pessible seope for the greater use cf idle acmsstic capital are quite
im line with the present

ideas of toth the

the Territorial Government.

-.aministering .uthority and

By whom and how best seme of this domest-

te eapitay should be used will undoubtedly be 4 matter of healthy
and energetie debate during the next few years.

The present domestic

market fow those products that could be made avail.ble by investment
in agriculture,

pastoral farming and :econaary industries is,

cases, not unlimited:

in most

the current nigh mer¢ein of profit obtained for

export crops also acts as a jeterrent to large-scale investment in
what might be called

‘treatment inaustries.

Sut wherever there do

seem to be definite cossibilities for tne profitable investment of
even comparatively small sums in certain pr°mary and secondary in-

9001028

dustries,

these opcecrtunities will rot be neglestia if the administer-

ing authority has its way.

in the meantime, che Government's invest /men

Select target paragraph3