OFFER FOR WOOL

Evening Post, Volume CXV, Issue 10, 13 January 1933, Page 8

OFFER FOR WOOL

CO-OPERATIVE UNION

REPORT DISCOUNTED

(By Telegraph.—Press Association.) T HASTINGS, This Day.

Interviewed this morning. in refer* 'eneo to the statement that he had soli his wool to the Co-operative Union of New Zealand, v at ,1s per. lb,. Mr. Mason. Chambers, a weU-known" "station holder at Haveloek North,, replied that the report had arisen from the fact that when the offer to buy at that price was made by,, the" union, h. had given a jesting answer -which apparently 'was taken seriously. . - . ; The N paragraph in which the statement was made.has appeared in several city and country newspapers, but Mr. Chambers does not wish it believed that he takes the union and its schemes seriously. The ultra-optimism of the union, organiser, who is a Hastings-resident, may be gathered from, the fact that several months ago he called a. meetingat.which the chief-topic for discussion, was a proposed Scheme to raise wool to 2s 6d per lb, more or less, immediately. The Co-operative Union of' New Zealand has headquarters at Hastings.. _ It recently offered to buy this season '3' North Canterbury wool clip at an aver* age price, of not less than. Is per lb. ; "I do not believe it! "exclaimed Mr. J. D. Hall, when the offer was read to the North Canterbury Branch of the Farmers' Union. 'The president (Mr. Colin Mclntosh): There is a catch somewhere. • • The letter was as follows:—- • . "The Co-operativer. Union of New-' Zealand is prepared to' purchase thisseason's Dominion clip of wool at an average price of Is per pound. Mr. 1 ■Mason Chambers, of Tauroa, HawkesBay, has given a lead and has sold Iris-' clip for this season to our union at an average price of not less thai Is per pound, and has written, through.:" the Parliamentary representative- for' Hawkes Bay, Mr.H. M,. Campbell, asking him to get the sanction of/ the Prime Minister. Payment will be"made when ' delivery is accepted.- '' Any of the wool growers in your district should know of this and be • able to get the Is per pound if they wislu A woollen mill and preserving factory ' are contemplated. It has been decided to commence building as soon as the Government .gives an undertaking to ■ exempt these industries from all taxation for five years. It was also arranged to follow up this move with others in : each province." The letter was signed "Nat. Beamish, organiser.sl The president, Mr. Mclntosh, moved . that the letter be received and no ; action taken until further information was received. There might be something in the- scheme and they did no?, want to turn it down. However, the whole thing was too vague at present.