WOOL TOPS CASE

Evening Star, Issue 18057, 26 August 1922, Page 3

WOOL TOPS CASE

PROTRACTED HEARING. LENGTHY ADDRESSES BY COUNCIL, Press Association—By Telegraph—Copyright. Australian and N.Z. Press Association. SYDNEY, August 26. (Received August 26, at 9.15 a,m.) Mr Campbell, one of tho for the defence, concluded his speech in the wool tops case. The speech lasted for eight days. Two other counsel intimated that they expected their speeches to take from two to four days respectively. Counsel for the plaintiffs anticipate that four days will suffice for them to reply. The case, since the start, has cost £ooo daily. [The case is one in which the Commonwealth and the Central Committee are proceeding against the Colonial Spinning and Weaving Co., Ltd. The plaintiffs’ claim is for money allegedly due by the defendant company as license fees for allowing tho company to sell wool tops to foreign countries. The sum of £250,000 is claimed as damages ■ for breach of agreement, also tho sum of £282,000, paid by plaintiffs conditional upon such release. A cross-action was indicated, involving -about £1,000,000, in which the defendant company alleged that the Commonwealth Government wae guilty of breaches of tho agreement in refusing consent to further sales of wool tops except on conditions which gave the Government a greater share of the profits from the company’s operations than they were entitled to.]