B.A.W.R.A. PROFITS

Press, Volume LXII, Issue 18670, 20 April 1926, Page 7

B.A.W.R.A. PROFITS

PROPOSALS FOR USE OF SURPLUS. TRAINING OF MIGRANTS. (BY CABLE—PRESS ASSOCIATION—COPYRIGHT.) (AUSTRALIAN AND N.Z. CABLE ASSOCIATION.) SYDNEY, April 19. The annual report of the B.A.W.R.A. -directors states that, taking both the purchase prices of wool and sheepskins and the subsequent surpluses, the aggregate of funds distributed and yet to be distributed amounts to £207,000,000. It has been suggested that some of this money should be used for settling migrants on the land on the lines of New Zealand's Flock House scheme, and a suggestion will be put before a meeting of shareholders that £500,000 will be set aside for national purposes, half of the sum to be used for training the sons and daughters of dead soldiers for Australian country life, and the other half for establishing a Commonwealth laboratory in Sydney for research work in connexion with the pastoral industry.

NEWSPAPER COMMENT.

(AUSTRALIAN AND N.Z. CABLE ASBOCIATIOS.)

(Received April 19th, 7.15 p.m.) '-LONDON, April 19.

Newspapers give prominence to B.A.W.R.A.'s report proposing the distribution of funds, including a donation of £500,000 to a scheme for the training for Australian life of the sons and daughters of the men killed in the war, and the founding of a research laboratory in Sydney.