The Archive · 1940

Timber Imports

For example, Australia has been a heavy importer of softwoods for building, case-making and a variety of other uses. Apparently further shipments cannot be expected from Baltic ports, and there may be a reduction in the quantities coming forward from the Pacific coast of North America. Consequently local timber mills will be working to capacity and new plants will be brought into operation. Whether they will be able to cope with demands depends on such things as the quantity of fruit exported in cases and the extent to which the building trade maintains its activities. It is reasonable to expect new construction to decline as costs increase and as the Government diverts resources from private use to military purposes, by means of its loan operations, control of capital issues, and increased taxation,

Text read from the printed page and cleaned; old type leaves the occasional error.

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