WOOL PRICES.
(Received June 16, 11.50 a.m.) LONDON, June 15. Lord Forster and Lord Derby, in negotiations on behalf of Britain in wool transactions, offered 45 per cent above pre-war profits. Messrs A. Fisher.and W. F. Massey insisted on .55 per cent. Eventually Lord Derby irately exclaimed: "If we cannot have wool at our price we can withhold ships and prevent you , marketing." This caused an impasse, and finally Lord Forster said: "Let us give 55 per cent." Lord Derby said: "Then we are able to have our dinner, and perhaps earn a reputation as patriots for strengthening the bonds of Empire."
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https://paperspast.natlib.govt.nz/newspapers/HNS19200616.2.41.5
Bibliographic details
Hawera & Normanby Star, Volume XXXXI, Issue XXXXI, 16 June 1920, Page 7
Word Count
102WOOL PRICES. Hawera & Normanby Star, Volume XXXXI, Issue XXXXI, 16 June 1920, Page 7
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