WOOL DISPOSAL

Evening Post, Volume CXL, Issue 54, 1 September 1945, Page 8

WOOL DISPOSAL

MR. MULHQLLAND'S. VIEWS

Commenting today on the report of the London conference on wool disposal, Mr. W. W. Mulholland, president of the New Zealand Farmers' Union, said that the principles indicated were entirely in line w>th those contained in a report adopted by the Dominion conference of the Farmers Union in 1943, and which, with slight variations, had been adopted also by the Farmers' Federation after a conference of all sheep interests. ■ "Its main ideas of supplying markets with the quantity of wool which they can absorb at a determined price and of setting that price at a reasonable level to enable an appropriate proportion of the carry-over in addition to the current season's crop to be disposed of so as not unduly to depress the market, and at the same time to liquidate the carry-over in a reasonable time, were all characteristics of the report previously approved in this country," said Mr. Mulholland. "Apparently South American producers are not sharing in the burden of stabilising the market. This is a weakness which efforts should be made to correct, as the South Americans, too, will share the benefits. The principles involved in the scheme probably have application to other commodities, but will, of course, require suitable variation and adjustMr." Mulholland added that he had not yet gone into the details of the London conference report, and was not in a position to comment on the local set-up. _^______