Page 16 Advertisements Column 1

Press, Volume LXI, Issue 18439, 21 July 1925, Page 16

AUCTIONS. H. MATSON AND CO. ]TT MATSON AKD CO. reproduce tha Xlt following Information which has appeared in latest Overseas Paper*:— WOOL SCHEME CRITICISED. DANGEROUS PHASES. SOME OF THE AUTHORITIES SPEAK. NOTHING TO BE GAINED. Vthan Mr Duncan Carson, of Messrs Wincbcombe, Carson, Ltd., -was spoken to about the scheme, he gave it as his opinion that there was no possible chance of it being accepted. He did not see -what was to be gained by it. Even if it did go through, it would not hnrt the brokers in any way, as they -would Htili hare to carry on their _part of the work. The scheme appeared to him to be quite unnecessary. The real solution of the present position, or at least the most feasible solution, was, he thought, to go on selling, and everything would Boon come right. The law of supply and demand would soon settle the question. SUPERIORITY PENALISED. One great drawback to the .scheme, was. he said, that the man who grew high-grade wool, would be carrying on his back the man who grew inferior wool and crossbreds. Anothor thing, too, a growor would ba a long time in finding out what return he would actually get for his wool. He may not know for a year or two. .... - THE L ONG WAIT. Tha «Up will be appraised, snd he will get the appraised price credited to him. Ho then loses his wool altogether, as it becomes the actual property of the proposed .Association. That body can do what they like with it. If it is offered by auction the Association gets tha money. If, for instance, • grower's wool was assessed at la per lb and sold at auction for 18d or 20d, the grower would not get the difference. It would go to the Association, or into the pool. What tho grower would eventually get out of it, it would bo hard to say, as tho pool would hare to make good any losses that may arise on wool that made a lower price at auction than that for which it is appraised. The profits, after all the season's wool hat been sold, would be divided amongst the growers, so it would be .» Jong time before a man would know what lie would bo getting.

.He knows the Trustee Companies were not favourable to the scheme, as the clients whose money they were handling, like their returns without del»y, and If the scheme was in force. they would not be able to get it. rThey would not know how long they would rbe in petting it, or what the ultimate amount would be. It would be a most unsatisfactory position for a large number ot people. linntn would play a very Wtf part in 'such a seheme. It would mean an outlay of many millions of pounds, and require a lot of assistance being obtained from the (jFedoral Government. There would naturally be a big margin between the appraised price, and that which it was really worth. 'lf the auction price was not satisfactory, the wool would be withdrawn, .and the mora ♦hat were done, the more financing would be required. Anyway, the whole scheme would involve such a huge sum of money aa to become unwieldy. The men he thought about It the more 'he was convineed that It would not be accepted, as be could not see .how it wonld possibly bring about the solution of the about it that mad* it of any benefit to the wool-grower. MANGOLDS, fellows or Beds, on trucks, immediate delivery, 6 ton truck loads. Lowest Quotes. Prompt attention. Bine us. H. MATSON AND CO. (; yrsi «a too so* like *hh trooi, \ gOHEMK. " An Eastern story tells us that to relieve the monotony that hedges about » Throne, his courtiers brought from afar, to amuse the King, a boy who could imitate the nightingale. The King listened politely, and at the close aald: "Thank yon, but X have heard the nightingale Itself." i . ■ "Country Idfe" thanks Sir John Higgins for his scheme, bnt, knowing the present "•wool-selling system that has stood the test of time and world criticism, this paper feels .bo enthusiasm for the, new scheme. We prefer the real thing; the other, it seems believe. At most, o* beet, it eaa gin va no more than, we have got. And even then it wonld be at increased'expense, much delay, and isn't new, and what Is new in It isn't good. To get down to bedrock: Australia even If It wanted to—lt doesn'tl—-dictate ■wool prices. We have not "cornered" the world's wooll Approximately, we have of its.wool; tits tail doe* not was; tha dog—- ' Supposing this proposed organisation decided thai it would not sell Australia's wool r below certain prices, and it held fast by them, what then! The world would look elseiwhere for wool, and the search for substitutes would be-intensified. . We would be playing into'the hands of oor rivals in wool, and -please Immensely the makers of substitutes —that is all I It would be aa foolish as cotting off your nose to spite your face.

World conditions. Including supply and demand, fashion sad finance, determine wool prices. The buyer pers what the -world can Afford, or is predated to, and the seller accepts what he mn.it. And no organisation can control those conditions. Organ* isatien carried to the sth power would not' enable the wool-grower to . write his own ticket. He Is la the crip of iron, economic, laws that are mora fixed than the laws of the Medes and the Persians. To imagine that this ugly offspring of Bawra la going to alter those laws is the dream of a dream —if it isn't an hallucination or a nightmare. ' One of tiie first things that strikes you in the scheme is the opportunity it gives for '•Government interference." This of itself (3s ettffieieut to damn it from Dra to Beersheba, from the Gulf to Glppsland. Government' Interference in the pastoral industry is conr'trary to first principles, and is anathema to the stockowners always, and above argument. As recently as a few weeks ago this was made clear by the graxters of XJ3.W. in conAgain, It to flirting with fixed prices, and this is playing with fire. Start In with it, ' and you may wake up one summer morning to find that the conflagration is devouring cdl of the primary industries. You would do giving Labour Governments an excuse to step in and fix the price of every primary product. It is almost unnecessary to add that in such fixing the consumer would be the first consideration—and perhaps the ,* Jest h welL ■

, LTJOEBKB v BAT. Baled, clean, dry, delivery ex oar Addtafton Store, at once. Ring Head Office. Why be short! Only limited quantity available. ppßiHonra uisuHsua. ■We have a private enquiry for half a doses fepringing heifers, six weeks off. Must be good torts. Also a good buyer for 12 three-year-old heifers, doe in spring. 200 THREE-QTJABTBHBBED OB CROSSBRED BREEDING EWES. If 70a can qnote the above, we have a buyer, bnt he prefers 6 and S-tooth, and will pay the price. jest xke tows' yet in thb country. {■ •■ ■ - " Fine old residenee, 12 rooms, every possible convenience, electrio light,' etc. Stables, HBtilking sheds, granary, splendid set of buildneeecsitatas a city life, Price Government valuation. Good tOl" WOBBABB m VALUE, t »tt tUifcnh «f intense cnlti;!grat cropping land, •ivatoa whUk very few