WOOL PRICES
-'Ulfljplr- —— A FRIENDLY WARNING. (“Times” Service.) LONDON, June 25. “The Times’s” city editor, dealing with the wool stabilisation project, says: It has been criticised, not only on technical grounds, but for tho broad reason that all schemes devised to maintain prices artificially, hinder normal commerce. “The Times” points out that with the world now promised large wool supplies, the attempt to fix prices involves exceptionally difficult problems. It should not be forgotten that in certain directions, wool is faced with a real rival, in the form of artificial silk. If the' ; wool growers are not prepared to meet the consumers in the matter of price, they may find vast multitudes increasingly turning to other textiles. There are. doubtless, finaniial questions to be considered, but many solely interested in seeing the wool trade continuing to prosper consider that lower prices than those current would be fully justified-
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Bibliographic details
Greymouth Evening Star, 26 June 1925, Page 8
Word Count
148WOOL PRICES Greymouth Evening Star, 26 June 1925, Page 8
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