MR. HUGHES'S PROPOSALS

Evening Post, Volume CI, Issue 102, 30 April 1921, Page 5

MR. HUGHES'S PROPOSALS

DEBATED IN PARLIAMENT.

(WKTM PRBSS ASIOCIAIIOW COPIRIMT.) (Received' April SO, 11 a.m.)

MELBOURNE, This Day. The House of Representatives discussed lengthily Mr. Hugbes's wool proposals. Mr. Tudor favoured the appointment of a committee to inquire into the whole industry. All the speakers admitted the seriousness of the position and the necessity for steps to prevent the collapse of the market and the Tesultant heavy losses. Mr. Jowett suggested, that Australia should buy up the whole of the wool and tie it up for five or six years. He stated that a representative of the Government and the woolgrowers of New Zealand, now in Melbourne, had informed him that the Dominion was anxious t'j fall into line with Australia. It ■was more than probable that South Africa would follow the lead.

The debate was adjourned. SYDNEY, 29th April,

The wool position outlined by Mr. ]Jughes has not caused* any stir vi local •wool circles as the statements were fully expected. A general meeting of Sydney buyers will be held on Monday, when certain proposals will be put forward which it is hoped will relieve the position.