WOOL MARKETING: N.Z. RECEIVES NEW PROPOSALS

Greymouth Evening Star, 3 October 1950, Page 8

WOOL MARKETING: N.Z. RECEIVES NEW PROPOSALS

WELLINGTON, October 2 (P.A.). —Cabinet held a long discussion today on proposals received from London for the future marketing of wool. This was stated tonight by the Prime Minister, Mr S. G. Holland, when commenting on a cablegram from Canberra saying that these proposals had similarly been occupying the attention of a subcommittee of the Federal Cabinet. Mr Holland said the Government had received a constant flow of cablegrams dealing with wool in the last few days. The Minister of Marketing, Mr K. J. Holyoake, who had been attending the Wool Conference in London, was expected to reach Auckland on Sunday next on his return. The nature of the proposals could not be revealed ,until Mr Holyoake had been able to meet Cabinet and elaborate on the information contained in the cablegrams. Mr Holland confirmed a message from London that the United Kingdom was prepared to reopen discussions on a new price schedule for New Zealand meat. He said that an official cablegram to this effect had been received late this afternoon, but Cabinet had not yet had an opportunity of discussing it. The negotiations had been suspended in July because of a complication caused by the parallel discussions with the Argentine and Australia. It had then been decided that further consideration . should be held up for three months.

Mr Holland said there was much to commend the idea that New Zealand’s next long-term dairy produce agreements should be considered earlier than 1953. He emphasised that all these negotiations involved the representatives of the industries concerned as well as the Governments of the United Kingdom and New Zealand, and that no action could be taken without consultations with either the New Zealand Meat Board or the Dairy Products Marketing Commission.