BRITAIN'S TRADE.
I . WOOL SPINNERS' DIFFICULTIES CANCELLED CONTRACTS AND TmPATD ACCOTTNTS. (By Cable.—Press Association.—Copyright.) (Received 9.30 a.m.) MELBOURNE, this day. Mr. Billyard-Leake, who is on a visit to Australia to inspect his sheep station, j expressed dissatisfaction concerning com- ' mercial prospects in Great Britain. He j stated that the Bradford woollen industry ! was deeply involved in a large number ', of broken American contracts. The ! general complaint among Bradford j millers vras that An>?.rican firms had no j compunction in cancelling important orders, and all their European customers j endeavoured to compromise when it came 'to payment. Asa result tin , full amounts j were seldom collected, and suppliers were : sometimes forced to accept 40 per cent jof the original contracted price. Moat of the mills were" a losing proposition, as I they were working only IS hours a week. | Mr. Dillyard-Lcake's son commanded the Iphigenia at tne storming of Zecbrugge.—(A. and N.Z. Cable.)
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Auckland Star, Volume LII, Issue 101, 29 April 1921, Page 5
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152BRITAIN'S TRADE. Auckland Star, Volume LII, Issue 101, 29 April 1921, Page 5
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