FREE MARKET FOR WOOL.
B.A.W.B~A.'S OPERATIONS. (Received 10.30 a.m.) MELBOURNE, this day. A conference of representatives of the •wool industry has opened. It is understood that a critical stage has been reached in the fight between the BritishAustralian Wool Realisation As=ocia- . tion officials and representatives of the | selling brokers, the point of contention being that the casting vote of the chairman of the B.A.W.R.A. gives the latter a dominating position in the negotiations regarding the quantites to be offered and the minimum limits. A further matter in dispute i≤ the regulations framed in May restricting the operations; many of the brokers desire to terminate the B.A.W.R.A. and revert to a free market. On the other, hand many growers favour 8.A.W.K.A., believing that it is not yet time to revert to a free market. Others are inclined to favour the brokers' view. Sir John Higgins. in an address, vindicated 8.A.W.R.A.'5 activities during the uncer- ; tain period of the wool industry. | Thp conference was adjourned.—(A.j and XZ. Cable.) X
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Bibliographic details
Auckland Star, Volume LII, Issue 214, 8 September 1921, Page 5
Word Count
167FREE MARKET FOR WOOL. Auckland Star, Volume LII, Issue 214, 8 September 1921, Page 5
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