FREE TRADE IN WOOL URGED

Gisborne Herald, Volume LXXIV, Issue 22356, 14 June 1947, Page 5

FREE TRADE IN WOOL URGED

PARIS CONFERENCE LOWERJTARIFFS APPEAL BY EXPERT MORE OUTPUT AND USE (10 a.m.) PARIS, June 13. The international wool conference ended a two-day session after adopting resolutions favouring- free trade and the greatest possible interchange of scientific information on wool. Mr. F. S. Arthur, Director-General of the United Kingdom Wool Disposals Group, assured the delegates that he would do everything possible to put Britain's wartime extra stock of wool on ihc market without disturbing the world orice stability.

I The conference passed a unanimous vote of confidence in the wool disposal I group’s policies, and also passed a reso--1 lution demanding that all Governments recognise international contracts as binding. Dr. Booth, chairman of the International Wool Secretariat, in presenting his annual report to the conference, railed for lower wool tariff's throughout the world. He revealecT'that Australia collected over £90.000.000 in foreign exchange annually from wool exports. He added that the International Wool Secretariat had gathered member nations from all over the world. It was now truly international, and had become a world service for wool. He called for an increase in wool production and consumption throughout the world and for more facts and figures and better scientific understanding of all the scientific processes involved. and for governmental policies favourable to increased consumption and of the-economic well-being and the standard of living of a country.