SURPLUS WOOL PROBLEM

Evening Post, Volume CII, Issue 5, 6 July 1921, Page 4

SURPLUS WOOL PROBLEM

BRADFORD IS APPREHENSIVE,

(UHITBD FRESH ASSOCIATION.—COPTRtSHT.) (AUSTRALIAN - OTW MAIAND CABtS ABSOCIATIOJC.} ■ (Eeceived July 6, 10 a.m.)

LONDON, sth July. The Yorkshire Observer states that the Canadian Co-operative woolgrowers, who shipped 130 million pounds of graded wool to Great Britain in .1920, have decided to establish a permanent selling agency in Bradford-, Thii movement', the paper thinks, should give pause to Australian growers' representatives who are mostly politicians anxious for popular approval, from approaching the surplus wool problem solely from the viewpoint of endeavouring to screw up values beyond the economic level. The suggestion that "Bawra*' should buy the British Government's interests in surplus wool f.o.b. is Mr. Hughes's idea of patting the 'TJawra" wool altogether out of the way. There is probably something afoot needing Bradford's watchfulness. "It is to be- hoped that we shall not awaken one morning to find that the Government, influenced by Mr. Hughes's eloquence and pulsating patriotism, has consented to relinquish its interest in order to allow the Australian Government, to consolidate the ring it would like to create."