continued rest and silt pitting has Our ig agent reports that amazingly improved both foliage and bark reserves, and appears indeed to be rapidly' winning the trees Back to the state of vigour that was general before over-tapping, in an endeavour to meet expenses, was Wert regrettably forced on us. It)
something disappointing to learn that all experiments to discover a ralisfactory: cover plant have proved unsnecesafal, the more so as our daiviers remain eatisfed that the continuous feeding of the soil by the digging in of such crops necessary before the estate can fally recover. No effort or expense is being spared with a securing at earliest what desired, in this respect.
ur standard production allowance at the beginning of last year, 157,110 Ib, was increased to 181,500. th. 28 from November 1, 1924 and itis expected will be further creased to 189,900 Ib. from Novem-
Ver 1 next.
On the basis of the latter figure expect to Lo given export per-O15, for next, that is our mits as follows:—For this year 143,-
financial year ending March 1927, minimum of 189,140 Ib.
Of these quantities the manager's most recent figures indicate producing only 125,000 and 150,000 Ib. respectively. These estimates, I particularly want you to note, are based on continuing on the most conservative systems of working and tapping and the maintain ence of present low producing cost, to which T have already referred. It seems not unreasonable to hope that the continuous improvement of the estate will actually result in such increased _yiel to give the desired additional quantities. Failing this, and present most remunera ative prices continuing, we shall recommend that sufficient additional trees be taken into the tapping round, even though the result of 80 doing is to increase cost.
Text read from the printed page and cleaned; old type leaves the occasional error.