The Wool Profiteers.
MOIUO RliV JSLATIONfiJ. Iraudou, January ~'l. ,\Lr Mac-kinder, u member of the House of Commons, at Bradford de--110 uncoil the profiteering in wool. Ho declared tliat 'tlio Government' lnvd made over sixteen million sterling profit on the u'ool- Just yeaa\ Ho added: "The Government paid Australia and Now Zealand (544 millions for wool which, auctioned fetched one hundred per cent above the prices for the previous twelve mouths, yet the Government paidi no more. Since March the Government hud tsold 1,450,000 bales.'' Mr Mac-kinder instanced one firm's profits, which averaged £8500 pre-war, while the profit las* year was £37,900.
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https://paperspast.natlib.govt.nz/newspapers/HC19200130.2.2
Bibliographic details
Horowhenua Chronicle, 30 January 1920, Page 1
Word Count
102The Wool Profiteers. Horowhenua Chronicle, 30 January 1920, Page 1
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