WOOLLEN INDUSTRY
A LEVY PROPOSAL
(Australian & N.Z. Cable Association.)
LONDON. March 22.
The annual report, of the British Research Association of Woollen and Worsted Industries say, that the Association has been negotiating with the Trade Federations regarding a statutory levy on all raw wool consumed in Britain. Assuming this would average 480 million lbs per year, a levy of a. hundredth-penny per lb would provide an income of £20,000. The British Wool Federation promised sympathetic consideration. The report points out that Australian brokers and growers are raising £200,000 a year by means of a levy of 2/- a bale and adds: “If this can come at the raw material end, surely support ought to be forthcoming for investigations from the fleece to fabric.”
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Greymouth Evening Star, 23 March 1928, Page 7
Word Count
123WOOLLEN INDUSTRY Greymouth Evening Star, 23 March 1928, Page 7
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