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Press, Volume LXIX, Issue 21049, 28 December 1933, Page 6

The growth of Japan as an important factor in the manufacturing of wool fabrics was referred to in an interview in Auckland by Mr J. M. Niall, chairman of directors of Goldsbrough, Mort, and Company, Limited, a prominent Australian firm of stock and station agents. "Only a few years ago Australia considered herself lucky if she sold 3000 bales of wool a year to Japan," he said, "but last year not less than GOO.OOO bales were sold. Although a certain amount of this had been adulterated to produce inferior cloth, Japan can now produce good quality textiles, and these are finding their way in increasing quantities into the world markets, particularly that of the United States of America. The low standard of living and the low wages of the Japanese make them formidable rivals to the countries where wool fabrics have been made for centuries,"