FULL INVESTIGATION

Dominion, Volume 25, Issue 273, 13 August 1932, Page 11

FULL INVESTIGATION

Australian Wool Industry CABINET’S DECISION Canberra, August 12. The Federal Cabinet has decided upon the appointment of an expert committee to carry out a full investigation of the wool industry in Australia with a view to determining what steps are necessary to bring about a rehabilitation of the industry. The Prime Minister, Mr. J. A. Lyons, in making the announcement, said that the committee in all probbability would comprise seven members. The personnel is not yet completed. . The decision of Cabinet followed an interview which Mr. Lyons , had with Sir Graham Waddell, president of the Woolgrowers’ Council in Sydney, in the course of which Sir Graham pointed out the urgent necesisty for assistance being provided in order to place the wool industry on a basis which would be profitable to the grower. GRAZIERS’ APPEAL Bold, Drastic Action Urged Sydney, August 12. A “grave national warning” to the Government and people of Australia is issued by the Graziers’ Association of New South Wales, which in letters to Mr. J. A. Lyons and Jlr. B. S. Stevens declares that the greatest primary industry of the State is already disintegrating and borders on a state of financial collapse. Recovery may still be possible, the association states, "but only by bold, drastic and swift action by our national leaders —action which must be complete before the wool export season opens on August 29.”