GERMANY WANTS WOOL
Objection to Present Barter System of Transactions NOT AN IDEAL TRADE METHOD SALES IN AUSTRALIA Received 3 p.m. to-day. BERLIN, June 6. Herr von Schacht, welcoming delegates to the woof- conference, said there was no doubt that Germany needs wool, but the system of barter in transactions was not the ideal method of trade, though helpful at the moment. He emphatically denied that Germany sought to cut herself oil from the rest of the world. The conference adopted a resolution moved by Mr Haigh, president of the British Wool Federation, urging the spreading of Australian sales over nine months instead of six months. The conference also passed an international trade agreement applicable to imports or transactions in raw wool which is tho result of eight years’ work and is intended to servo as n basis for the decisions of an International Wool Arbitration Board in so far as written conditions between sellers and buvers do ndt exist.
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Hawera Star, Volume LIV, 7 June 1935, Page 8
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160GERMANY WANTS WOOL Hawera Star, Volume LIV, 7 June 1935, Page 8
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