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Wool

Sir, —Wool may go, sayk a Japanese visitor. Wool will not be displaced by synthetics, says Mr Acland, chairman of the Wool Board. An economist says wool is losing the battle to synthetics in New Zealand, and wool-growers wonder why. What is to be done for a country whose economy is dependent on wool, as New Zealand’s is? A high level of wool consumption is most desirable. According to evidence, the reverse is occurring and consumption is declining because of import control and high prices for locally-produced wool textiles. Why, then, are New Zealand wool-growers, through the Wool Board, paying large sums for the promotion of wool both overseas and in New Zealand? When Government policy is to dampen down the consumption of wool in New Zealand, Japanese metal imports will be axed upon completion of our steel industry, which will put a brake on the buying power of the Japanese woolbuyer.—Yours, etc., J, LOGAN. Ashburton, September 14, 1966.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19660919.2.115.4

Bibliographic details

Press, Volume CVI, Issue 31168, 19 September 1966, Page 16

Word Count
160

Wool Press, Volume CVI, Issue 31168, 19 September 1966, Page 16

Wool Press, Volume CVI, Issue 31168, 19 September 1966, Page 16