MR. LYSNAR'S VIEWS

Dominion, Volume 11, Issue 241, 29 June 1918, Page 8

MR. LYSNAR'S VIEWS

CASE FOA "FKEE" .MARKET. Mr. Lysnar made a statement (o a. reporter of The Dominion last night in further elnboraton of his proposal that, there should he a free market for the New Zealand wool after Ihe war. "At. present," ho said, "the Imperial authorities arc selling (he surplus wool for civilian use by a form of mock auction at which the wool is put up for sale at a fixed price. 1 contend thai' as there is no restriction on the prices of articles manufactured for civilian use, (he profit on wool eold for these purposes is going to the manufacturers. I suggest that instead of this procedure the wool to be used for these manufactures should bo sold in tho open market in accordance with the terms of the existing contract of sale and sold to the highest bidder. Tho surplus which would be obtained from the sale of wool in this manner would he divided equally between the Imperial Government and the Mow Zealand producers, buit the bulk of the. 50 per cent, coming to the New Zealand producers would really go to the New Zealand Government in the form of taxation. Consequently the Imperial Government and the. Ne.i' Zealand Government have more at. stake in Hiis matter than the producer. I go as far as lo say that more than half (he share of the wealthy wool-grower in New Zealand would go in taxation to (lie Government, while the poor wool-grower would benefit in a larger way, because of the .lower basis of his-taxation. And there are a lot of small wool-growers in this Domin-

ion to-day who are finding it very lmrd to get along." . . On tho score ot shortage of pupping at tho close of the war, Mr. Lysnar saiil ho "would anticipate ilmt for at least (lie first year after tho war .there should he a fair supply oi It would tako approximately eighty voyages to bring our soldiers back homo. Ihoss ships should lift equivalent to about a year and a half's supply of our produce, which is as ranch as we might reasonably expect to have in store at any one time. 'J'lie whole question was a very important 0110 both for the Dominion and tho Government.